How It Works for Banks
How It Works for Banks
A simple, compliant way to turn cannabis deposits into revenue and stronger client relationships.
Our deposit process fits into how your dispensary already operates. There’s no change to how you sell, and no added complexity for your staff.
Dispensary
Cardless Deposit
Bank Credit
Reporting Dashboard
$
Step 1: Dispensaries Deposit Cash Using Cardless Deposit
Your dispensary clients deposit cash locally using secure, deposit enabled ATM.
There is no armored pickup, no physical cash transport by the bank, and no new operational burden added to your teams.
Step 2: Funds Are Credited to the Bank
Deposited funds are credited directly into accounts held at your bank, typically the same day or next day.
This increases deposit balances while keeping funds within your institution.
Step 3: Your Teams Access Reporting and Reconciliation
Your treasury, operations, and compliance teams access digital reporting that provides visibility into deposits from the point of sale through settlement.
This creates a clear audit trail and reduces regulatory blind spots.
Your Bank Owns the Relationship
Your bank remains the primary financial partner to the dispensary.
The infrastructure handles deposits and reporting behind the scenes, allowing your teams to focus on client relationships, revenue, and risk management.
Built for Banking Operations
- No change to your core banking systems
- No physical cash handling by bank staff
- Designed for regulatory transparency
- Supports treasury, operations, and commercial alignment
- Scales to additional cash-heavy industries