For years, cash was king in cannabis. Dispensaries could only accept payments in cash, and if you forgot to bring enough to pay for your order, you’d need to use their in-store ATM. After years of inconvenience, we’ve finally found a solution. Thanks to the innovators at ReThink Pay, we can finally accept credit card payment processing at Abide Napa!
Dispensary Credit Card Processing Has Arrived!
Managing payment options hasn’t been easy for cannabis companies, even in states that allow recreational cannabis. Federally, cannabis is still a Schedule I substance. And since banks operate under national charters from the Federal Government, they can’t deal directly with cannabis companies.
That’s right — your favorite dispensary can’t just set up a bank account and start processing payments with credit cards. President Biden has said he’ll look at changing how cannabis is scheduled by the DEA, but in the meantime companies like ReThink have developed safe, legal, fully compliant and innovative solutions for the industry.
At the federal level, ReThink is a registered Money Service Business (“MSB”) with the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S. Department of the Treasury. ReThink also complies with all FinCEN Know Your Customer (KYC) regulations and is a registered MSB in all 50 states in the United States. As a result we can now accept all major credit cards, Apple Pay and Google Pay.
How to Sign Up to Pay for Your Cannabis by Credit Card
To expedite checkout once you arrive at the shop, sign up for ReThink Pay in advance via their website. After you create your account you’ll be able to add payment options and start paying for your orders. Whether you’re shopping for top-shelf flower, curated concentrates, long-lasting and potent edibles, or any other kind of cannabis product, you’ll be able to pay for it with ReThink Pay.
ReThink Pay isn’t just for cannabis companies! You can also use it to buy cryptocurrencies or even pay your friends and family. It costs nothing to sign up, and there are no hidden monthly fees to surprise you with.
ReThink Pay is secure, too. The company uses SHA-256 protocols to keep your transactions safe from prying eyes and potential theft. That’s the same encryption system that the US Government requires its agencies to use when handling sensitive data.
Dispensary Credit Card Processing Tips
After signing up, you’ll be ready to make your purchase! Paying for your order with ReThink Pay is fast, simple, and secure. All you need to have with you is your cell phone and a payment method—including credit card, Apple Pay, and Google Pay.
Alternatively: If you don’t want to sign up for an account, our team can easily send a one-time guest checkout link to your phone or email. When you arrive in-store to shop or when you’re heading in to pick up your online order, you’ll just use the link we send you to pay.
You can pay for your order and even add a tip, all from the convenience of your phone. Each transaction will incur a $4 processing fee.
Usually, ReThink Pay works without any hiccups. However, if you’re a Chase customer, you may receive a “fraud alert” and have to manually approve the transaction.
If using Apple Pay, check that your address on file with Apple Pay is up to date on your phone. If not, you’ll need to update your address before you can complete your transaction.
Abide Napa: Credit Card Processing For Your Convenience
If you’ve been searching for ‘dispensaries that accept credit cards near me’ in vain, Abide Napa is proud to be one of the first dispensaries offering this secure and convenient service. Just browse our online menu to get started. We look forward to serving you with our new expanded payment options!