FAQ | Green Payment Solutions

Question 1

Why do traditional payment processors reject cannabis businesses?

Accepted Answer

Most major processors — Visa, Mastercard, PayPal, Stripe — operate under federal banking regulations that classify cannabis as a Schedule I controlled substance. Even in states where cannabis is legal, these processors face federal compliance risk and choose to decline cannabis merchants entirely. Specialized processors and banking structures exist specifically to serve this gap.

Question 2

How long does it take to get set up with a compliant payment processor?

Accepted Answer

Most clients are live with a compliant payment solution within 30–60 days of starting the process. The timeline depends on your business type, state, and documentation readiness. We've completed setups in as few as 14 days for well-prepared clients.

Question 3

What types of cannabis businesses do you work with?

Accepted Answer

We work with the full cannabis supply chain: dispensaries and retail operators, cultivators and growers, manufacturers and processors, distributors, and ancillary cannabis businesses. Each segment has different payment needs and we tailor solutions accordingly.

Question 4

Do you work in all 50 states?

Accepted Answer

Yes. We have established relationships with processors and banking partners that cover all U.S. states, including states where cannabis is only medically legal. The specific solutions available vary by state based on local regulations.

Question 5

Is it legal to process card payments for cannabis sales?

Accepted Answer

Yes, in states where cannabis is legal. The key is using processors and banking structures that are specifically designed for cannabis compliance — including proper disclosure, state licensing verification, and BSA/AML programs. We only recommend fully compliant solutions.

Question 6

What happens if regulations change in my state?

Accepted Answer

Our ongoing support clients receive proactive regulatory monitoring. When laws or banking rules change, we notify you immediately and update your payment infrastructure before any disruption occurs. This is one of the most valuable aspects of our ongoing support program.

Question 7

Do I need a special license to use cannabis-friendly payment processors?

Accepted Answer

You need a valid state cannabis license — which you already have as a licensed operator. The processors we work with require license verification as part of their underwriting. We help you prepare and present all required documentation.

Question 8

How much do cannabis-friendly payment processors charge?

Accepted Answer

Processing rates for cannabis businesses are typically higher than standard merchant rates due to the elevated compliance requirements — generally 3–5% for card transactions. We negotiate the best available rates on your behalf and help you understand the full cost structure before committing.

Question 9

What does Green Payment Solutions charge for its consulting services?

Accepted Answer

Our fees vary based on the scope of services. We offer project-based engagements for initial setup and monthly retainers for ongoing support. All fees are discussed transparently during your free consultation — no surprises.

Question 10

Are there long-term contracts?

Accepted Answer

Our consulting agreements are flexible. Initial setup engagements are project-based with a defined scope. Ongoing support is month-to-month after an initial 90-day period. We believe our results speak for themselves — we don't need to lock you in.

Common questions about cannabis payment processing

Getting started

Compliance and legal

Costs and contracts

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