While marijuana dispensaries are legal in several states, cannabis remains illegal at the federal level.
As a result, federal regulations make credit card processing for cannabis transactions virtually impossible. Credit card processors, which are federally regulated, do not support transactions from marijuana dispensaries.
Additionally, banks are federally regulated, leaving no reliable solution for credit card processing or deposits. Consequently, the only fully legal and dependable option for cannabis dispensaries is to operate as cash-only.
To facilitate this, having an on-site ATM is essential, ensuring customers can easily access cash for their purchases.