CanPay
Mobile debit network enabling cashless cannabis checkout without credit card rails.
CanPay is the largest cannabis-focused cashless payment network, enabling consumers to make ACH debit payments directly from their bank accounts at dispensaries nationwide. The consumer-facing app and merchant platform eliminate cash handling for dispensaries while providing customers with a convenient, fee-free payment option that works like a debit card.
At a glance
- Starting price
- Custom
- Category
- Payments
- Cannabis focus
- Cannabis Specialized
- Founded
- 2016
- Company size
- Startup
What it does
- Mobile debit payments designed for cannabis checkout
- Cashless transactions without traditional credit card rails
- In-store debit acceptance that reduces cash handling
Best fit
Retailers, Operators
Who is it for?
State-regulated cannabis dispensaries that cannot accept traditional credit card payments and want a legitimate, stable debit payment alternative to reduce cash handling.
Cannabis shoppers who want to pay with a mobile debit app at participating dispensaries with no convenience fees.
Banks and credit unions serving cannabis businesses that want to give their regulated clients access to a compliant electronic payment tool via CanPay's closed-banking feedback loop.
Markets served
CanPay lists availability in 25 of 50 states: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Illinois, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, Nevada, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Vermont, Washington.