FAQs — Cashless ATM (Debit cards)
For Adult-Use / Medical Dispensaries
In-Store • Drive-Thru • Delivery

  • About Cannabis Business Solutions, Inc.

    CBS is a payment and banking partner supporting cannabis and hemp businesses across the U.S.


    CBS provides secure, compliant financial solutions designed specifically for the cannabis industry.


    Key Highlights

    • Over 10 years of industry experience
    • Nationwide service coverage
    • Secure, cannabis-compliant payment and banking solutions

    Leadership

    CBS is led by Catherine Zito, CEO and national speaker. She is also the organizer of one of the largest cannabis and hemp networking communities in the U.S. with more than 6,000 members.

  • How It Works

    Our payment solution enables secure, compliant debit payments for cannabis dispensaries—supporting both in-store and delivery transactions.


    At checkout:

    • Customer inserts debit card + PIN
    • Transaction rounded to the nearest $5
    • Customer receives the difference as cash back (ATM-style)

    Example:

    $17.20 purchase → processed as $20 → $2.80 cash back

  • Debit Card Benefits

    • Reduces cash handling, lowering risk and overhead
    • Generate revenue on every transacation
    • Encourages higher sales
    • Faster and simplified checkout process
    • Enhances safety for staff and customers
    • Provides real-time reporting and transaction analytics
    • Easy management through a centralized dashboard login
  • Generate Revenue!

    Dispensaries recieve a buy rate from CBS/ processor and can add a convenience fee, giving them the opportunity to boost revenue on every transaction.


    The fee structure is fully customizable, putting dispensaries in control of their earnings per transaction.


    Contact us for a quote

  • Secure & Compliant

    Our Dispensary debit card program is fully cannabis compliant with legal standards, offering transparent, secure transactions for both dispensaries and customers.

  • Are there monthly fees?

    There are no monthly fees.


    Optional: If you need more reliable connectivity, add a SIM card for a dedicated 5G connection ($25/mo. per terminal)

  • Terminal & Features


    • New Nexgo handheld (not refurbished)

    • Mobile, wireless—ideal for counter and fast checkout

    • Transactions round to the nearest $5.00

    • Tap-to-pay enabled

    • Tipping option for the team

    • Integrated printer



  • Documents & Info Required

    To begin approval, please provide:


    Business & Banking

    • Current Cannabis Business License
    • Voided Check or Bank Letter (business name, routing & account number)
    • EIN Letter (IRS-issued)
    • Completed W-9
    • Operating Agreement (if not avail, we can assist)
    • Certificate of Good Standing / Status (if not avail, we can assist)

    Ownership Verification

    • Owner ID(s) – Driver’s License or Passport (25%+ ownership)
    • Last 4 digits of each owner’s SSN

    Operations

    • ATM Photos – 1–2 images per cash dispensing ATM (all locations)
    • Number of Employees on Payroll
    • Estimated Monthly Payroll
  • What happens after I submit documents?

    • Application is reviewed and submitted to the processor
    • Approval typically within 24–48 hours
    • Terminals are programmed and shipped (next day, 2-day, or ground 5–7 business days — your choice)
    • Training is scheduled for setup guidance and a test transaction
  • Why choose CBS?

    With 10+ years of experience in the cannabis and hemp industry, CBS delivers reliable, fully compliant payment solutions—where many traditional processors fall short.


    Our system helps dispensaries:

    • Reduce cash dependency
    • Increase average ticket size
    • Enhance the customer experience
    • Generate revenue on every transaction

    What sets CBS apart

    • 24/7 support, including weekends
    • Real people—you’ll always reach someone when you call
    • A partner focused on long-term reliability, not short-term fixes
  • Get Started Today!

    Tell us about your business by completing a brief online form. Get started today! 


    https://www.cbscannabis.com/contact