Simple, Secure Cannabis Payments
PayLabs is the trusted payments processing solution for the cannabis industry.
Why choose PayLabs?
PayLabs lets your customers pay with debit cards. We've handled cannabis transactions compliantly for over 2 years without a hitch.
How it works
For Customers
Use any debit or bank card with a PIN. Pay a small fee, just like an ATM. Enjoy cannabis!
For Dispensaries
Zero processing fees. Earn rebates on every transaction. Money goes straight to your bank!
Getting started is easy
Grow your cannabis business. Keep customers happy.
When we switched to PayLabs, it was a game-changer. Our customers love the convenience, and we feel confident and secure in every transaction.
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Frequently asked questions
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Absolutely. Compliance is our top priority. We continuously update our payment solutions to align with state and federal cannabis regulations, so you can rest easy knowing your transactions are legitimate.
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Most traditional payment processors and financial institutions shy away from the cannabis industry due to federal legality issues. Our debit card processing solution is specifically designed for cannabis businesses and has been reliable for over 10 years.
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Our process is speedy and straightforward. Get same-day approval upon submitting your application, which only requires a valid cannabis business license, W9, and ACH authorization from your bank.
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There are no monthly fees to use PayLabs and we do not take a percentage of the sale. The only cost to dispensaries is the upfront cost of the payment hardware and setup which is a one-time fee per terminal.
Customers pay a small extra convenience fee for using the service, just like they do at an ATM. You will receive electronic settlement deposits directly to your business checking account within two business days.
You may increase the consumer processing fee if you would like to collect a rebate on every transaction. Rebates are deposited to your bank account monthly. -
No, our solution can work independently of a POS system, although we do integrate with many cannabis POS systems for a smoother operation.
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Cash may be liquid but it's less convenient in today's digital age. Customers need the exact amount, which can be a hassle. ATMs in dispensaries often have fees and slow down the shopping experience. Electronic payments, on the other hand, are fast, flexible, and perfect for things like curbside pickup.