How New Jersey Pays For Cannabis

The number of New Jersey CanPay Dispensaries and retailers is growing. CanPay is a payment solution provider for cannabis and other emerging markets that are regulated by the state of New Jersey.

We aim to offer a trustworthy and safe payment method. We have a 15-year track record of creating a unique network of customers, merchants, banks, and tech providers.

As a user of the CanPay mobile app, you can buy products without any extra fees. Merchants can accept debit payments and lower the dangers and expenses of cash. Banks can offer a valid payment instrument that follows the regulations.

CanPay – The Better Way For New Jersey Consumers

Unlock Seamless Cannabis Shopping with CanPay: Your Trusted Debit Solution

At CanPay, we’re more than just a payment platform – we’re your gateway to effortless cannabis shopping. Whether you’re a seasoned enthusiast or a curious first-timer, our mission is to make your experience smooth, secure, and hassle-free.

Why Choose CanPay?

  1. Experience: Our team understands the cannabis landscape inside out. We’ve been there, explored strains, and savored the culture. When you shop with CanPay, you’re tapping into our firsthand knowledge.
  2. Expertise: CanPay isn’t just a payment app; it’s a trusted companion. We’ve collaborated with industry experts, cannabis businesses, and financial institutions nationwide. Our expertise ensures that your transactions are seamless and compliant.
  3. Authoritativeness: CanPay is the go-to debit solution for cannabis retailers. We’ve earned the trust of both businesses and banks, thanks to our commitment to transparency, security, and reliability.
  4. Trustworthiness: Say goodbye to ATM fees and cash hassles. With CanPay, your purchases are straightforward – just swipe your debit card. No hidden charges, no surprises.

Why CanPay Stands Out:

  • Secure Transactions: Your data is encrypted, and your privacy is paramount. CanPay adheres to the highest security standards, ensuring your peace of mind.
  • Bank-Friendly: We’ve partnered with banks that understand the cannabis industry. CanPay bridges the gap, making it easy for you to buy without worry.
  • Cannabis Community: We’re not just a payment solution; we’re part of the cannabis family. Join us, explore strains, and elevate your experience.

Shop Smart, Shop CanPay: Visit your favorite cannabis retailer and pay with confidence. No more fumbling for cash – just a quick, reliable debit payment. CanPay: Where convenience meets cannabis.

Why Should Consumers Use CanPay?

  • It’s Fee Free: no “convenience” or other fees when you make a purchase
  • It’s Convenient: no pre-planning to get cash or waiting in ATM lines
  • It’s Safer: no cash to lose
  • It’s Secure: Cutting edge security means only you can make purchases with your account
  • It’s Simple: Just generate a unique payment PIN in your CanPay app and you’re ready to make a purchase
  • It’s Debit: A debit is made to your checking account in the exact amount of your purchase

Sign up for CanPay and get the CanPay app!

 

Why Should New Jersey CanPay Dispensaries and Retailers Use CanPay?

Unlock Seamless Transactions with CanPay: Your Trusted Electronic Payment Solution

CanPay is the reliable and secure electronic payment solution for New Jersey Retailers. We’re not just another payment provider – we’re your strategic partner in streamlining transactions for New Jersey retailers. Our mission? To empower your business with secure, efficient, and customer-centric payment solutions.

Why Choose CanPay?

  1. Experience: Our specialized network of banks and tech partners understands your unique business needs. We’ve been in the trenches, navigating the complexities of electronic payments firsthand.
  2. Expertise: CanPay isn’t just about processing transactions; it’s about optimizing them. Our expertise ensures seamless debit payments, compliance, and peace of mind.
  3. Authoritativeness: CanPay is the go-to choice for Massachusetts retailers. Our track record speaks volumes – trusted by businesses and customers alike.
  4. Trustworthiness: Say goodbye to cash-only hassles. When you accept CanPay, you’re signaling trust and convenience. Customers spend more, and you create a safer environment for everyone.

Why CanPay Stands Out:

  • Secure Transactions: Our robust security protocols safeguard your data. CanPay adheres to the highest standards, ensuring your business and customers are protected.
  • Boosted Satisfaction: Happy customers are loyal customers. CanPay elevates their experience, making every purchase seamless and hassle-free.
  • Cash Minimization: Less cash means less risk. With CanPay, you’ll manage and move fewer physical funds, streamlining operations and reducing vulnerabilities.

Ready to Elevate Your Retail Experience? Embrace CanPay – where reliability meets innovation. Boost satisfaction, enhance safety, and thrive in the digital age.

Benefits of CanPay For Retailers

  • It’s Stable: all members of the payment chain know your business
  • It’s Transparent: do business in your DBA name
  • It’s Less Expensive: CanPay was built for sustainability at a fair cost
  • It’s Familiar: Your customers won’t have to learn new processes just to pay you
  • It’s Safer: your staff and customers are safer when you reduce the presence of cash
  • It Increases Spending (1): customers are proven to spend more when they pay electronically
  • It Increases Spending (2): your staff can upsell at the point of purchase because customers haven’t predetermined what they are going to spend
  • It Increases Sales: CanPay users will seek out those stores that accept CanPay
  • It’s US Based: all funds flow through USA based financial networks

Why Should New Jersey Financial Institutions Use CanPay?

Unlock Seamless Transactions with CanPay: Your Trusted Electronic Payment Solution

In the dynamic landscape of New Jersey’s financial institutions, CanPay stands out as the go-to safe debit network. Our mission? To empower electronic payments between consumers and retailers, especially in highly-regulated and emerging markets like the State Regulated Cannabis Industry.

Why Choose CanPay?

  1. Experience: Our specialized network understands the nuances of financial transactions. We’ve been there, navigating the intricacies of electronic payments firsthand.
  2. Expertise: CanPay isn’t just about processing transactions; it’s about optimizing them. Our expertise ensures seamless debit payments, compliance, and peace of mind.
  3. Authoritativeness: CanPay is the trusted bridge between consumers and retailers. Our approval process ensures that only compliant merchants with CanPay-approved bank accounts join our network.
  4. Trustworthiness: When you accept CanPay, you signal trust and convenience. Customers spend more, and you create a safer environment for everyone.

How CanPay Works:

  • Closed-Banking Feedback Loop: We ensure that only cannabis retailers working with banks following the Cole Memo and FinCEN Guidance participate in the CanPay network. Legal transactions from licensed and compliant retailers flow seamlessly through our system.
  • Account Integrity: If a merchant loses their bank account for any reason, they lose access to the CanPay network. We prioritize security and compliance.
  • ODFI Compliance: CanPay’s ODFI (Originating Depository Financial Institution) maintains a robust compliance program based on the Cole Memo and FinCEN Guidance. Your peace of mind is our priority.

Ready to Elevate Your Financial Transactions? Choose CanPay – where reliability meets innovation. Boost satisfaction, enhance safety, and thrive in the digital age.

Why CanPay for Your Cannabis Banking Clients?

  • It’s Transparent (1): your retailers will conduct business in their DBA name
  • It’s Transparent (2): each participant in the payments chain is fully aware of the industries involved
  • It’s Low Cost: CanPay is built to be both sustainable and a fair value to retailers
  • It’s Legitimate: the Closed-Banking Feedback Loop ensures only retailers with a compliant bank account are allowed to participate in the payment network
  • It’s Stable: CanPay is built with the needs and requirements of the industry in mind
  • It’s Safer (1): Removing cash from the system is safer for our communities.
  • It’s Safer (2): Removing cash from the system is safer for your clients
  • It’s Safer (3): Removing cash from the system is safer for your bankers and reduces the need for retailers to visit your branches with loads of cash.
  • It Saves Money: Less cash means less cash handling by your staff and/or less cash pickups for your clients
  • It’s Better For Business: your retail clients will enjoy increased sales with electronic payments

Empower your clients with compliant banking services through our cannabis banking program. By participating in CanPay’s Closed-Banking Feedback Loop, they’ll not only enjoy a legal and transparent payment solution but also gain peace of mind. Contact us today to unlock the CanPay network for your valued clients.

About New Jersey

CanPay New Jersey

Discover New Jersey: Where Urban Energy Meets Coastal Beauty

New Jersey, nestled within both the Mid-Atlantic and Northeastern regions of the United States, is a vibrant state with a rich tapestry of history and culture. Let’s delve into its fascinating details:

  1. Population Density: New Jersey wears the crown as the most densely populated of all 50 U.S. states. Its bustling cities, thriving suburbs, and picturesque shorelines buzz with life.
  2. Geographical Nexus: Positioned at the heart of the Northeast megalopolis, New Jersey bridges the gap between major cities. It’s a gateway to both New York and Philadelphia.
  3. Borders and Boundaries:
    • To the north and east, New York state stands as its neighbor.
    • The Atlantic Ocean graces its eastern, southeastern, and southern shores.
    • The Delaware River and Pennsylvania define its western edge.
    • Delaware Bay and Delaware complete its southwestern boundary.
  4. Land Area and Population:
    • Covering 7,354 square miles (19,050 km²), New Jersey ranks as the fifth-smallest state in land area.
    • Yet, with nearly 9.3 million residents (according to the 2020 U.S. census), it claims the 11th spot in population.
    • Trenton serves as the state capital, while Newark stands tall as its most populous city.
  5. Urban Counties Everywhere:
    • New Jersey boasts a unique distinction: every county is deemed urban by the U.S. Census Bureau.
    • Within this mosaic:
      • 13 counties are part of the bustling New York metropolitan area.
      • 7 counties contribute to the vibrant Philadelphia metropolitan region.
      • Warren County plays a role in the industrious Lehigh Valley metropolitan area.

In New Jersey, history, diversity, and energy converge, creating a dynamic state that captivates residents and visitors alike.

Points of Interest in New Jersey

  • Six Flags Great Adventure – An amusement park located approximately 20 miles southeast of Trenton in Jackson, New Jersey. Owned and operated by Six Flags, the park complex is situated between New York City and Philadelphia and includes a water park named Hurricane Harbor.
  • The Adventure Aquarium – Formerly the Thomas H. Kean New Jersey State Aquarium, is a for-profit educational entertainment attraction operated in Camden, New Jersey on the Delaware River Camden Waterfront by Herschend Family Entertainment.
  • Grounds For Sculpture – A 42-acre sculpture park and museum located in Hamilton, New Jersey. It is located on the former site of Trenton Speedway.
  • Liberty State Park – A park in the U.S. state of New Jersey, located on Upper New York Bay in Jersey City opposite Liberty Island and Ellis Island. The park opened in 1976 to coincide with bicentennial celebrations and is operated and maintained by the New Jersey Division of Parks and Forestry.

Where to Use the CanPay App In New Jersey

 

A current list of New Jersey 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

New Jersey CanPay Dispensaries and Retailers