Accept debit card payments at your dispensary with our Point of Banking (POB) system—compliant, secure, and cash-free transactions for a seamless customer experience.
A Point of Banking (POB) solution is a payment processing system that allows customers to use their debit cards at dispensaries. Instead of swiping a card like a traditional point-of-sale (POS) system, customers enter their PIN to authorize a transaction. The system processes the payment as an ATM withdrawal, but instead of dispensing cash, the funds are transferred directly to the dispensary.
Since marijuana remains illegal at the federal level in the U.S., many dispensaries struggle to get traditional banking services. A POB ATM helps process electronic payments without relying on credit card networks that prohibit cannabis transactions.
Cash-intensive businesses like dispensaries are at high risk of theft. Reducing the amount of cash on-site helps improve security for both the business and its employees.
Many customers prefer not to carry large amounts of cash. A POB ATM allows them to make larger purchases without cash-on-hand limitations.
Our payments solution streamlines the checkout process, reducing wait times and improving the customer experience compared to dealing with cash.
Transactions are recorded electronically, helping dispensaries maintain accurate financial records, which can assist in compliance and bookkeeping.
A Point of Banking (POB) solution is a payment system that allows customers to use their debit cards at dispensaries and other cash-heavy businesses. Instead of processing payments as traditional debit transactions, POB systems function like an ATM withdrawal, transferring funds to the merchant without dispensing physical cash.
Because federal restrictions prevent most banks and credit card companies from processing cannabis-related transactions, POB systems provide a legal workaround that allows dispensaries to accept electronic payments without relying on traditional credit card networks.
✔ Convenience for customers – Allows for electronic payments instead of cash-only transactions.
✔ Increased security – Reduces the need for large amounts of cash on-site, lowering the risk of theft.
✔ Higher sales potential – Customers tend to spend more when they can use their debit cards.
✔ No credit card restrictions – Since transactions are processed as ATM withdrawals, they bypass major credit card network bans on cannabis sales.
No, POB systems only support debit card transactions. Major credit card networks do not allow cannabis-related purchases.
