As legal cannabis becomes more widely available in the United States, customers have a greater range of payment options to choose from than ever before. Instead of relying solely on cash, many dispensaries now accept debit cards and mobile wallets such as Apple Pay and Google Wallet. But when it comes time to make a purchase, which option should you choose? In this blog post, we’ll explore the pros and cons of each payment type so you can make an informed decision about how to pay for your cannabis products.
Cash
Paying with cash is still the most popular payment method at cannabis dispensaries across the United States. The primary benefit of paying in cash is the anonymity it provides – your bank or credit card company won’t be able to track your purchase history if you use cash. Additionally, some dispensaries may not have access to traditional banking services due to federal regulations surrounding cannabis sales, further encouraging customers to pay in cash.
However, there are some drawbacks associated with using cash. Carrying large amounts of money can be inconvenient and potentially unsafe if not handled correctly. Additionally, dispensaries may run into issues providing exact change if they don’t have enough on hand.
Debit Cards
Using a debit card is another popular option at many cannabis dispensaries across the country. The main benefit of using a debit card is that it allows for faster transactions than paying in cash since there’s no need for change or counting bills out loud. However, some banks may decline transactions made at dispensaries due to concerns about legality or fraud prevention measures – so make sure to confirm with your bank before attempting to use your debit card at a dispensary.
Mobile Wallets
Mobile wallets such as Apple Pay and Google Wallet are becoming increasingly popular among consumers looking for a fast and secure way to pay for goods and services, but these mobile payment providers currently do not allow purchasing cannabis from dispensaries. Customers who use their mobile wallets enjoy the convenience of contactless payments while also being able to track their purchases (and budgets!) through their phones or tablets devices. That said, not all dispensaries accept mobile wallet payments yet but this trend will likely continue growing in popularity over time as more states legalize cannabis.
Introducing Helox
The Helox mobile payment wallet has bridged the convenience of using a mobile payment wallet while compiling with state specific regulations. Currently you can use Helox in any state that allows recreational or medical Cannabis purchases.
Ultimately, choosing between cash, debit cards, and mobile wallets is up to each individual customer based on what makes them feel comfortable when making purchases from a dispensary – so do what works best for you!