You will receive your settlement as early as next business day directly deposited to your bank account.
What is the fee structure?
You do not pay any processing fee per transaction, which is extremely beneficial to your businesses because you cannot claim operating expenses in your tax deduction and processing fees take up a significant amount. You pay a one-time onboarding cost and a monthly fee, which is lower than any traditional card processing solutions in the market.
How long does the application process take?
Our application process is quick and simple. Approval is within the same day of submission of full application package. You will only need a valid cannabis business license, a valid government photo ID and a working bank account to get started.
Is Paybotic compliant with state and federal regulations?
Yes. Compliance is our top priority and when you partner with us, you can have the peace of mind knowing that we are constantly working to stay up to date with state and federal regulations to ensure our payment solutions always remain compliant.