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Although a growing number of states have made marijuana dispensaries legal, the cannabis industry in the United States is still considered illegal at the federal level. Due to this, credit card processing companies and banks which are federally regulated won’t accept credit card transactions from marijuana dispensaries. This causes marijuana dispensaries to be a cash only business. Easy access to cash using an ATM is a requirement for a successful marijuana dispensary.
No, because ATM processing is very different than credit card processing. With credit card processing the transaction is between the customer and the cannabis dispensary. ATM transactions are between the customer and his/her bank or credit card company. The customer is simply taking their money out of their bank account. Your cannabis dispensary has absolutely nothing to do with the ATM transaction. The customer then can spend the cash from the ATM however they’d like. The only requirement to have an ATM is that the cannabis dispensary is legal by state law. Having an ATM in your marijuana dispensary is the most reliable option available! Having an ATM in your cannabis dispensary allows you to be cash only, and keep your customers happy at the same time!
Depending on your space, level of volume, and required security, all types of ATMs can be used in dispensaries, including stand alone, through the wall, and counter top ATMs.
We can discuss the capacity amount that would best serve your cannabis dispensary as well as ATM type. Canna-ATM will help assist you in finding the best ATM option for your marijuana dispensary.
We are a nationwide ATM provider with placement, services and vault cash capability in all 50 states. We have a network of Independent ATM deployers from coast-to-coast. Our full service Free ATM Placement service for cannabis dispensaries is available in all 50 states
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