Florida CanPay Dispensaries

 

CanPay: The Smarter Way to Pay for Cannabis in Florida

As the number of Florida CanPay Dispensaries and retailers grows, it’s essential to have a reliable and secure payment solution. CanPay, a trusted provider, caters to cannabis and other regulated emerging markets within the state. Here’s why CanPay stands out:

  1. 15-Year Track Record: With a 15-year history, CanPay has built a unique network connecting customers, merchants, banks, and tech providers. Our experience ensures a seamless payment process.
  2. Fee-Free Convenience: As a CanPay user, you can purchase cannabis products without any extra fees. Say goodbye to inconvenient ATM visits or bank charges.
  3. Safety First: By minimizing cash usage, you create a safer environment for both customers and staff. Say goodbye to the risks associated with handling physical currency.
  4. Cutting-Edge Security: Our advanced security measures ensure that only you can authorize purchases using your CanPay account.
  5. Simple and Debit-Based: Generate a unique payment PIN within the CanPay app, and you’re all set. Debits are made directly from your checking account, matching the exact purchase amount.

Choose CanPay for a safer, more efficient payment experience that benefits both your wallet and your peace of mind!

Sign up for CanPay and get the CanPay app!

Why Florida Retailers Choose CanPay

CanPay offers a reliable and secure electronic payment solution tailored for Florida Retailers. By collaborating with a specialized network of banks and tech partners who understand your business needs, we enable seamless electronic debit payments at your stores. Here’s why CanPay is the right choice:

  1. Stability: All members of the payment chain recognize your business, ensuring a stable and consistent payment process.
  2. Transparency: Conduct business under your Doing Business As (DBA) name, maintaining transparency throughout transactions.
  3. Cost-Effectiveness: CanPay was designed for sustainability at a fair cost, minimizing expenses for retailers.
  4. Familiarity: Your customers won’t need to learn new processes—CanPay integrates seamlessly into their existing payment habits.
  5. Safety: By reducing the reliance on cash, you create a safer environment for both staff and customers.
  6. Increased Spending (1): Customers tend to spend more when paying electronically compared to cash-only transactions.
  7. Increased Spending (2): Your staff can upsell at the point of purchase because customers haven’t predetermined their spending amount.
  8. Increased Sales: CanPay users actively seek out stores that accept this convenient payment method.
  9. US-Based Transactions: Rest assured that all funds flow through USA-based financial networks.

Choose CanPay for a smarter, safer, and more efficient payment experience!

 

Why Florida Financial Institutions Choose CanPay

CanPay serves as a safe debit network, facilitating electronic payments between consumers and retailers in highly-regulated and emerging markets, including the State Regulated Cannabis Industry. Here’s why  Florida financial institutions should embrace CanPay:

  1. Compliance and Safety: CanPay enables secure electronic transactions while adhering to regulatory guidelines. Merchants with compliant bank accounts at CanPay-approved banks can seamlessly join the network and accept debit payments from their customers.
  2. Closed-Banking Feedback Loop: CanPay ensures that only cannabis retailers working with banks following the Cole Memo and FinCEN Guidance participate in the network. Feedback from these banks verifies legal transactions from licensed and compliant retailers.
  3. Strong Compliance Program: CanPay’s ODFI (Originating Depository Financial Institution) maintains a robust compliance program based on the Cole Memo and FinCEN Guidance.

Why CanPay for Your Cannabis Banking Clients?

  1. Transparency (1): Retailers conduct business under their Doing Business As (DBA) name, ensuring transparency throughout transactions.
  2. Transparency (2): All participants in the payments chain fully understand the industries involved, fostering trust and clarity.
  3. Cost-Effectiveness: CanPay offers sustainability at a fair value for retailers, minimizing costs.
  4. Legitimacy: The Closed-Banking Feedback Loop ensures that only retailers with compliant bank accounts participate in the payment network.
  5. Stability: CanPay is purpose-built to meet the industry’s unique needs and requirements.
  6. Safety (1): By reducing cash usage, CanPay contributes to safer communities.
  7. Safety (2): Clients benefit from a cashless system, enhancing security.
  8. Safety (3): Bankers appreciate fewer cash-related risks and fewer retailer visits to branches with large amounts of cash.
  9. Cost Savings: Less cash handling by staff and fewer cash pickups lead to operational savings.
  10. It’s Better For Business: your retail clients will enjoy increased sales with electronic payments

Choose CanPay for a smarter, safer, and more efficient payment solution! Your clients can use compliant banking services through your cannabis banking program and also benefit from a legal and clear payment solution through your involvement in CanPay’s Closed-Banking Feedback Loop. Contact us today and open the CanPay network for your clients.

 

About Florida

CanPay-Debit-Florida

Florida is the southeasternmost U.S. state, with the Atlantic on one side and the Gulf of Mexico on the other. It has hundreds of miles of beaches. The city of Miami is known for its Latin-American cultural influences and notable arts scene, as well as its nightlife, especially in upscale South Beach. Orlando is famed for theme parks, including Walt Disney World. 

Florida’s climate varies from subtropical in the north to tropical in the south. It is the only state besides Hawaii to have a tropical climate, and is the only continental state with both a tropical climate, located at the southern portion of the state, and a coral reef. Florida has several unique ecosystems, including Everglades National Park, the largest tropical wilderness in the U.S. and among the largest in the Americas. Unique wildlife include the American alligator, American crocodile, American flamingo, Roseate spoonbill, Florida panther, bottlenose dolphin, and manatee. The Florida Reef is the only living coral barrier reef in the continental United States, and the third-largest coral barrier reef system in the world, after the Great Barrier Reef and the Belize Barrier Reef.

Points of Interest in Florida

  • Magic Kingdom Park – Magic Kingdom Park is a theme park at the Walt Disney World Resort in Bay Lake, Florida. It opened on October 1, 1971, and is owned and operated by The Walt Disney Company through its Experiences division.
  • Universal Orlando Resort – Universal Orlando Resort, often shortened to Universal Orlando, is a 541-acre theme park and entertainment resort complex located in Orlando, Florida
  • Siesta Beach – Siesta Beach is a beach located on Siesta Key in the U.S. state of Florida. Unlike beaches elsewhere that are made up mostly of pulverized coral, Siesta Beach’s sand is 99% quartz, most of which comes from the Appalachian Mountains.
  • Kennedy Space Center Visitor Complex – The Kennedy Space Center Visitor Complex is the visitor center at NASA’s Kennedy Space Center on Merritt Island, Florida. It features exhibits and displays, historic spacecraft and memorabilia, shows, two IMAX theaters, and a range of bus tours of the spaceport.

 

Where to Use the CanPay App In Florida

A current list of Florida CanPay Dispensaries and Retailers

Frequently Asked Questions

What is CanPay used for? 

CanPay is the world’s first mobile debit app for use at cannabis retailers and businesses in other emerging markets. CanPay functions like the debit cards you already have in your wallet, and can be used at approved cannabis retailers.

Is it safe to use CanPay?

Is CanPay Secure? Yes, CanPay employs the latest security technology. Additionally, your Payment Code generated in the CanPay app can only be used one time and expires within 30 minutes after it is requested.

Can you put a credit card on CanPay?

CanPay can only be linked directly to your checking account.

Is there a fee with CanPay?

Merchants take payment by scanning a QR code on a customer’s phone in person, or through a website payment. CanPay charges merchants less than 2% of the transaction in what’s essentially a processing fee.

What is the daily limit for CanPay?

Yes, you are able to spend up to $500 per day with your CanPay debit account. Is CanPay a gift card? No, CanPay is a debit payment app that functions like other debit and credit cards in your wallet. A debit in the exact amount of the transaction is made to your checking account at the time of purchase.

What is the spending limit on CanPay?

The PayPal Debit Card has a daily spending limit of $3,000 USD and a daily cash ATM withdrawal limit of $400 USD. The card resets at 12:00 a.m. CST. Here’s how to check your daily limits on the PayPal website: Go to your Home page and click PayPal Debit Card under the balance.

Who owns CanPay?

CanPay, based in Littleton, Colorado, was founded by Dustin Eide.

What is purchasing power on CanPay?

With Purchasing Power, you can pay over time in interest-free installments, all at zero risk to you. Shop your favorite brands with low monthly payments that make sense for your lifestyle. No need to postpone that upgrade you need, or that TV for the new place.

Is there an app for CanPay?

Once your account is set up you can download the secure app at canpayapp.com for both Apple and Android devices.

Is there a CanPay app for iPhone?

Downloading the CanPay App – iPhone | CanPay Help Center. Easily access the CanPay app by adding it to your iPhone’s Home screen!

How do I use CanPay on my Iphone?

How do I use the CanPay App to make a purchase? After you enroll in CanPay, just login to the CanPay App (available at app.canpaydebit.com) and tap “Pay Now” to generate your first Payment Code. These codes last for 30 minutes and then expire if they go unused.

More FAQs

 

Florida CanPay Dispensaries and Retailers