Cannabis Processing
Are You Ready To Start Taking Credit and Debit Cards?
Our Machines Make You Money!
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Accept Credit & Debit Cards
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Make it Easier to Pay
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Sell More Product!
Ready for an easy to use system that facilitates all card types?
Want to make more per sale since customers tend to spend roughly 30% more when they pay with Debit or Credit?
Only $1.25 Card Swipe Cost!
Lowest in the Industry!
Test This For Free!
From Cost to Profit!
Turn a costly line item into a profit center
Time To Implement
Start taking credit cards in less than a week!
Banking
We have banking solutions also available!
Fast Funding
Get Your Money Fast With Following day reconciliation of funds
Proven Record
Proven Track Record With Four Years Uninterrupted
Support & Compliance
Full compliance and 24/7 support
Did You Know?
Did you realize that, on average, business consumers are willing to spend an additional 12% to 18% when given the option to pay with a credit card in retail settings? This trend is even more pronounced in marijuana dispensaries, where we’re witnessing an impressive spending surge of 25-30%.
Just Imagine The Increase In Revenue
MONTHLY REVENUE | MONTHLY INCREASE | ANNUAL INCREASE |
$50,000 | $15,000 | $180,000 |
$100,000 | $30,000 | $360,000 |
$200,000 | $60,000 | $720,000 |
$500,000 | $150,000 | $1,800,000 |
$1,000,000 | $300,000 | $3,600,000 |
Benefits of Taking Credit/Debit Cards
Embrace the Future of Cannabis Transactions with TRUECard
Elevate your customer’s experience beyond cash and debit transactions. With Shift, open the doors to convenience by allowing your customers to tap into their preferred credit cards, accumulating the miles or rewards they cherish! Experience a safe and secure method to conduct your cannabis sales. While other credit card processors may turn dispensaries away, Shift stands out by offering specialized solutions tailor-made for marijuana merchant accounts. Say yes to accepting credit cards for marijuana payments with Shift.
Transform Your Cannabis Purchases into Everyday Retail Transactions
Forget the cumbersome payment systems and the unwieldy processes. With our solution, your customers will enjoy a purchasing experience as simple and familiar as picking up a latte from their favorite coffee shop. They’ll simply pull out their card, swipe or insert, and obtain their receipt, mirroring the transactions they’re accustomed to at any other retail business. Thanks to our proprietary Point of Sale (POS) system and virtual terminal, every transaction is streamlined, supporting social distancing, curbside pickup, and delivery effortlessly.
Enhances Security
As an increasing number of your customers transition to using credit cards for their transactions, your business will hold less cash on-site, significantly diminishing the risk associated with large cash reserves.
Safeguard Your Funds In Banks
Rest assured, all your funds are securely deposited in US banks, with no assets held offshore, offering you peace of mind and financial security.
Contact Us Today
If this is something your dispensary needs, we’d love to talk to you about these solutions. Contact us today!
WHO IS THIS CREDIT CARD PAYMENT SOLUTION FOR?
This solution is ideal for both recreational and medical marijuana dispensaries, which are typically categorized as high-risk merchant entities and often encounter challenges in securing standard merchant accounts due to the nature of their business. Our marijuana payment processing solution provides a viable alternative for organizations that have traditionally been compelled to seek merchant accounts from overseas providers, as well as for those merchants who have previously found it unfeasible to obtain any form of merchant account.
IS THIS LEGAL?
Of Course! We are pleased to inform you that our exclusive solution is fully compliant and legal across all 50 states in the U.S. Tailored to accommodate a diverse range of businesses, this solution is perfectly suited for payment processing in retail dispensaries, cannabis merchants, hemp oil, CBD vape products, and medical marijuana dispensaries.
IS THIS A DIGITAL WALLET SOLUTION?
No! These are just plain old credit card and debit card transactions conducted on our rail to US banks.
IS THIS BASED OFF OF CRYPTOCURRENCY OR GIFT CARDS?
NO WAY! Our solution empowers you to process payments in US dollars, accepting all major card brands, while ensuring that all funds are securely held in US banks under FDIC insurance. Rest assured, this cannabis payment solution for your business is entirely free from any involvement with cryptocurrencies or gift cards.
CAN YOU BEAT MY CURRENT RATES?
It’s very likely. We haven’t had a client with lower rates yet, that we couldn’t beat. This is because we own part of a payment rail, which gives us preferred rates over all other merchant processors. Even very large processors. Reach out today and get a quote from us and start saving, or even making money with merchant processing today!
WHY WOULD I WANT TO OFFER DEBIT CARDS OVER CREDIT CARDS?
Accepting only debit cards over credit cards can offer several benefits to merchants, including:
1.Make Money Off Each Transaction: You can now receive a small percentage off each debit card transaction. Never before has it been possible to turn your merchant services from a liability into a revenue generating process. Until Now! You can now receive a small transaction fee for every debit card you swipe in your dispensary. So, now you not only have ZERO COST, you now have positive cash flow for each transaction.
2. Lower Transaction Fees: Generally, debit card transactions incur lower processing fees compared to credit cards. This can help businesses save a significant amount of money over time, especially those with high transaction volumes.
3. Reduced Chargeback Risk: Debit card purchases are drawn directly from the consumer’s bank account, which typically results in fewer chargebacks for merchants. This is because customers are less likely to dispute transactions they know have immediately impacted their available funds.
4. Increased Security: With the use of PINs (Personal Identification Numbers), debit card transactions often have an added layer of security. This can reduce the risk of fraudulent transactions, giving both customers and merchants peace of mind.
5. Simpler Reconciliation Process: Since funds from debit card transactions are typically transferred directly from the customer’s bank account to the merchant’s account, the reconciliation process can be more straightforward than with credit card transactions, which may involve holds and different settlement times.
6. Immediate Payment: Unlike credit card transactions, which may involve a delay before the merchant receives the funds, debit card transactions often result in almost immediate payment to the merchant. This can improve cash flow for businesses, especially those operating with thin margins or that require quick turnover of their revenue.
7. Avoidance of Credit Card Fraud: By not accepting credit cards, merchants can sidestep the complexities and dangers associated with credit card fraud. Although no payment method is entirely fraud-proof, debit transactions, especially those requiring PINs, tend to be more secure.
8. Faster Dispute Resolution: In the event of a dispute or error, resolution processes for debit card transactions can be faster since they directly involve the customer’s bank account, facilitating quicker rectification and potentially less administrative burden for the merchant.
It’s important for merchants to weigh these benefits against the potential drawbacks, such as possibly alienating customers who prefer or only have access to credit cards, before deciding to accept only debit cards.
WHAT IF I DON’T HAVE A BANK ACCOUNT?
No problem, we can help you out. We have relationships with banks who work with dispensaries and we’re happy to help you get all set up with your own bank account.
IS THIS LEGAL?
Of Course! We are pleased to inform you that our exclusive solution is fully compliant and legal across all 50 states in the U.S. Tailored to accommodate a diverse range of businesses, this solution is perfectly suited for payment processing in retail dispensaries, cannabis merchants, hemp oil, CBD vape products, and medical marijuana dispensaries.
WHAT IF I'M IN MULTIPLE STATES?
Our platform is engineered to work with organizations operating across multiple states and locations. We offer the flexibility to make deposits into ANY business bank account, on the condition that the bank is fully informed of your involvement in the cannabis industry or related sectors. Our system is accommodating to complex business structures, including conglomerates with multiple ownerships, facilitating both individual and consolidated depository accounts.
WHERE IS THE MONEY HELD?
Every cent processed through our system is securely held in US banks and is fully protected by FDIC insurance. We are steadfast in our belief that managing bank and credit card payments should be straightforward for dispensaries, as well as for CBD and hemp merchants.