Pay-By-Bank for Dispensaries: How It Works
A step-by-step guide to accepting secure Pay-By-Bank payments using QR code and ACH for in-store purchases, deliveries, website pre-orders, and phone orders.
The cannabis industry is moving beyond cash and Cashless ATM transactions.
Today’s consumers expect convenient, cash-free payment options wherever they shop—in-store, for delivery, by phone, or for curbside pickup.
Pay-By-Bank lets customers pay directly from their bank account using their smartphone—without using a card.
First-time setup takes about 30 seconds.
Here’s How It Works
The budtender rings up the order using your existing POS system, terminal, tablet, or other compatible device.
The exact purchase amount is entered and a QR code is displayed.
The customer scans the QR code, securely connects their bank account and approves the payment.
Customers pay the exact amount owed—no rounding and no cash back required.
No card. No cash.
Just a simple, secure way to pay.
Independent of ATM Networks
Pay-By-Bank follows a different payment path than Cashless ATM.
It is not dependent on ATM network routing, terminal IDs, or cash-access transactions.
For operators, that creates greater payment flexibility and safety.
For customers, it provides another convenient way to pay.
No New Equipment Needed
There’s no complicated equipment to install.
You can use:
- Your existing POS screen
- An existing compatible payment terminal
- An iPad or tablet
- A QR code display at checkout
This keeps implementation simple and cost-effective.
We Help You Launch It
We don’t just provide the payment solution. We help you introduce it to your customers.
You receive:
- Countertop QR code displays
- Digital assets for TVs and monitors
- Guidance for introducing Pay-By-Bank at checkout
Everything is designed to make adoption simple for your team and your customers.
Beyond the Counter: More Ways to Get Paid
Pay-By-Bank isn’t limited to the checkout counter.
Online Pre-Pay
Customers order through your website, pay in advance, and pick up at their convenience.
Phone Orders
Your team can send the customer a secure payment link by text. The customer completes payment before pickup or delivery.
Deliveries
Customers can pay before delivery through your website or a secure payment link. Once payment is confirmed, the order can be dispatched—reducing the amount of cash drivers need to handle.
Pay-By-Bank Benefits
- Faster, more convenient checkout
- Less cash handling
- Exact-amount payments
- No rounding or cash back
- Multiple ways for customers to pay
- Better customer experience
- An additional payment option beyond Cashless ATM
What Stays the Same
Your Cashless ATM can remain in place—and we fully support it.
You can offer Pay-By-Bank, Cashless ATM, or both.
You’re not necessarily replacing your current payment system.
You’re expanding it.
Why It Works
Customers are already comfortable using their smartphones to make payments and manage their bank accounts.
Pay-By-Bank brings that familiar digital experience to the dispensary checkout process.
For Dispensary Owners
If you’re considering Pay-By-Bank, keep the rollout simple.
- Add it alongside your existing payment options.
- We train your team on how to introduce it.
- Let your customers try it.
- Next day deposits
- Earn revenue share on every qualifying transaction.
- Month-to-month agreement.
Let’s Map This for Your Store
At CBS Payments, we make implementation easy.
We help you
set it up, train your team, and integrate Pay-By-Bank into your existing payment environment with minimal disruption.
One store or multiple locations. In-store, online, phone orders, or delivery.
A more flexible way to get paid.
Learn more and
schedule a quick strategy call with us today.
