Empirical Solutions | Cannabis Dispensary Merchant Processing

PIN Debit Cannabis Payment Processing

The cannabis industry offers a variety of gimmicky ways to pay for services and THC products, each of which has its own pitfalls. Every milestone reached will be followed by at least one obstacle. Business owners, their employees, and patrons are at risk in this budding market segment due to an unstable and unreliable payment environment. There is only one legitimate way to do it, and we know how. We offer the market's only legitimate THC card-processing solution. Let's examine the situation we face together and the solutions we have to offer.

Empirical Solutions LLC, Cannabis Dispensary Merchant Processing, High Risk Merchant Processing, Cannabis Card Processing, USA

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Cannabis payment processing - how to accept card payments in a state-compliant manner?

Despite many companies claiming to offer legitimate cannabis payment processing solutions, the real question is how to find a legitimate solution for your business. Do your due diligence on the provider offering you a service. Ask a lot of questions about their vetting process and compliance with state laws.
Why can’t you use credit cards at dispensaries?

The lack of banking services for cannabis businesses is due to the fact that cannabis is still illegal at the federal level, which means many banks are unwilling to risk offering services to cannabis-related companies.
How safe and reliable is Empirical for the cannabis industry?

Empirical provides payment processing solutions for the cannabis industry and high-risk merchants. We work with an extensive network of the best banks, processors, and corporations in multiple industries and offer the best that each has to offer. In addition, all our support team members are based onshore and provide the highest level of service.
Can I accept card payments in exact amounts or will it dispense cash like an ATM machine?

You can accept card payments in exact amounts now. No cash dispensing.
Are Credit Cards legal to use in dispensaries?

Absolutely not! Until Federal law legalizes cannabis credit cards for cannabis are 100% illegal and violate Federal and Card Brand laws.
What happens if I choose to accept credit card payments for cannabis products?

You will likely pay super high fees and may face criminal charges.
Is True Pin debit fully legal?

Yes, it is the only program that allows debit cards to be charged legally through the banking system. Just like going to the grocery store, your customers can now purchase cannabis with their debit card in the exact same way.
Do the banks know that we are a dispensary?

Yes, the bank is fully aware of this and there is no reason to worry.
I currently have a Cashless ATM. What are the advantages of switching over to a Pin Debit Merchant account?

Transactions are for exact dollar amounts; there is no rounding or cash dispensing. No cash handling is needed; everything is electronic. No need for drivers or budtenders to carry any cash. Your Customers will NOT be billed for "Out of Network" fees. This usually costs $3-4 on top of the in-store fee of $3, saving your customer around $6-7 per transaction The program is fully endorsed and approved by the debit networks The bank is fully aware of the nature of your business. Accurate descriptors with your correct DBA and address on receipts and bank settlement reports No Convenience fees No Checkout confusion Will allow you to accept credit cards upon federal change.
What does the customer experience look like?

Very simple the customer will walk into your store, select the product that they want to buy, and pay the exact amount owed by swiping, tapping, or inserting their card. They will also be allowed to tip if you want that feature. Some terminals also allow customers to pay with Apple pay and Samsung Pay so customers can pay with their smartphones and smartwatches.
I like my Cashless ATM. Why should I switch?

Payments are effortless, customers can pay with a card, phone, or smart watch with absolutely no cash dispensing so checkout is super fast and smooth. Cashless ATMs generally charge a customer a mandatory fee of $3 on top of the convenience fee making the transaction amount equal to $6-7 on top of tax.
If I switch to Pin Debit how much of an increase in revenue will I see?

We typically see a 25% increase in revenue when our clients make the switch however we’ve also seen increases up to 80% in some clients.
Are there any contracts?

No, we don't lock you into any contracts. You can cancel anytime with no penalties.
What about fees?

There are no Application fees, Annual fees, Convenience fees, or Early Termination fees. There is a $30 monthly charge for statements and accounting.
Which POS systems do you work with?

We can work with any POS system.
Are there any POS companies that you recommend?

We like Blaze, they have a great customer service team and most of our clients love working with them.

Why should merchants accept card payments for cannabis?

Cannabis companies should be able to operate like any other legal business. It's tough to do that when they still have to conduct transactions like an illegal business—using cash. Here are three benefits of accepting card payments for your cannabis business.

Approved

Our program is fully endorsed and approved by all major debit networks in the United States.

Cheaper

It costs less than cash handling and other payment methods.

Full disclosure

Complete disclosure of bank and processor information. No mislabeling of DBA or business address on the descriptor.

What others say about us:

If you’re looking for merchant services in cannabis business look no further this is legit very professional company that would help you from A-Z set up everything and also follow up with any problems and any issues in the future. They really care for you and your expenses rates are very affordable and overall customer service is the best I really recommend Empirical Solutions.