Last updated: March 1, 2024

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Best
Marijuana & Best Cannabis Credit Card Processing Companies

Top 10 Cannabis Credit Card Processing Companies - March 2024

Rank

Company Name

Year
Founded

Revenue

Fulltime
Employees

Active
Clients

Pricing

Competitive Rates

Competitive Rates

Reliability

Reliability

Efficiency

Efficiency

Variance

Variance

Customer Support

Customer Support

Overall Score

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100
 
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VG
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Change in Rank

Bankcard USA Merchant Services
Talk to a Representative: 800-589-8200
Key Facts For Bankcard USA Merchant Services
  • Major Clients:
    Confidential
  • Year Founded:
    1993
  • Fulltime Employees:
    100 - 250
  • Active Clients:
    100+
  • Revenue:
    $10 million - $50 million
  • Pricing:
    H
  • Website:
    bankcardusa.com
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Reviews (27)
Positive 33.3% 9 Reviews
I have used this company for almost 10 years....
K Mo
Negative 63.0% 17 Reviews
Worst service , they hold the transactions ea...
FRED CHAPARLI
Neutral 3.7% 1 Reviews
Update: BankCard USA has contacted me about t...
Walter Reynolds

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Square, Inc Square, Inc
Talk to a Representative: 1 (415) 375-3176
Key Facts For Square, Inc
  • Major Clients:
    TechCrunch, Charlie rose, Forbes, Technology, npr
  • Year Founded:
    2009
  • Fulltime Employees:
    2,500 - 5,000
  • Active Clients:
    100+
  • Revenue:
    $1+ billion
  • Pricing:
    L
  • Website:
    squareup.com
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Positive0% Write Review

 

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Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Allcard USA
Talk to a Representative: 855-255-7291
Key Facts For Allcard USA
  • Major Clients:
    Confidential
  • Year Founded:
    2000
  • Fulltime Employees:
    50+
  • Active Clients:
    100+
  • Revenue:
    $5M+
  • Pricing:
    H
  • Website:
    allcardusa.net
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Reviews (26)
Positive Review 26 Reviews
Bart is awesome and was on top of everything...
Uptown Cheapskate
Positive Review
They have every option any business owner wan...
Freddie Salem
Positive Review
great service and always on hand to help if s...
Jason Keel

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Maverick Bankcard
Talk to a Representative: 800-464-9777
Key Facts For Maverick Bankcard
  • Major Clients:
    Confidential
  • Year Founded:
    2000
  • Fulltime Employees:
    1 - 10
  • Active Clients:
    100+
  • Revenue:
    Est. $1 million
  • Pricing:
    H
  • Website:
    maverickbankcard.com
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Reviews (30)
Positive 86.7% 26 Reviews
Outstanding service; raises the bar for the i...
Edward Lewis
Negative 10.0% 3 Reviews
Do not sign up with Maverick bankcard they ar...
EZ MERCHANT SERVICE
Neutral 3.3% 1 Reviews
my online webstore sells natural weight loss...
andrea gil

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Naturepay
Talk to a Representative: 907-727-3556
Key Facts For Naturepay
  • Major Clients:
    Confidential
  • Year Founded:
    2015
  • Fulltime Employees:
    0-10
  • Active Clients:
    100+
  • Revenue:
    $5M+
  • Pricing:
    H
  • Website:
    naturepay.net
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Positive0% Write Review

 

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Neutral0% Write Review

 

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Leap Payments, Inc.
Talk to a Representative: 800-993-6300
Key Facts For Leap Payments, Inc.
  • Major Clients:
    Confidential
  • Year Founded:
    2004
  • Fulltime Employees:
    10 - 50
  • Active Clients:
    100+
  • Revenue:
    $1 million - $5 million
  • Pricing:
    H
  • Website:
    leappayments.com
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Positive0% Write Review

 

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Neutral0% Write Review

 

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

eMerchantBroker.com, LLC
Talk to a Representative: 800-621-4893
Key Facts For eMerchantBroker.com, LLC
  • Major Clients:
    Confidential
  • Year Founded:
    2011
  • Fulltime Employees:
    10 - 50
  • Active Clients:
    50+
  • Revenue:
    $1 million - $5 million
  • Pricing:
    M
  • Website:
    emerchantbroker.com
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Positive0% Write Review

 

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Neutral0% Write Review

 

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

The Transaction Group
Talk to a Representative: 877-447-3938
Key Facts For The Transaction Group
  • Major Clients:
    Confidential
  • Year Founded:
    2004
  • Fulltime Employees:
    10 - 50
  • Active Clients:
    100+
  • Revenue:
    $1 million - $5 million
  • Pricing:
    H
  • Website:
    thetransactiongroup.net
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Positive0% Write Review

 

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Neutral0% Write Review

 

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

1st Merchant Funding, LLC
Talk to a Representative: 866-710-2265
Key Facts For 1st Merchant Funding, LLC
  • Major Clients:
    Confidential
  • Year Founded:
    2007
  • Fulltime Employees:
    1,000 - 2,500
  • Active Clients:
    100+
  • Revenue:
    $250 million - $500 million
  • Pricing:
    H
  • Website:
    1stmerchantfunding.com
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Positive 25.0% 1 Reviews
I have been with First Merchant for a number...
Valerie Rook
Negative 75.0% 3 Reviews
Fought with my merchant about giving them a p...
Leandro Morales
Negative
They are bad people and dont help their custo...
Miami Logistics USA

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Guardian Data Systems
Talk to a Representative: 888-900-0420
Key Facts For Guardian Data Systems
  • Major Clients:
    Confidential
  • Year Founded:
    2014
  • Fulltime Employees:
    10 - 50
  • Active Clients:
    100+
  • Revenue:
    $1 million - $5 million
  • Pricing:
    H
  • Website:
    guardiandatasystems.com
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Positive0% Write Review

 

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Neutral0% Write Review

 

Competitive Rates

Reliability

Efficiency

Variance

Customer Support

Evaluation Criteria:
Competitive Rates
Vendors should offer their marijuana and CBD merchants a fair rate relative to the industry's standard for merchants carrying an elevated risk. The rates should match the spending habits of the average buyer of marijuana or CBD products, equipment, or other goods.
Reliability
It can be difficult for those offering products or services relevant to the marijuana or CBD fields to be able to accept payments due to the high risk involved. We recommend those which are reliable to the industry and have the specialized knowledge to eliminate risk.
Efficiency
Internal processes for a credit card processing company should be efficient to reduce the costs associated with doing business. We recommend payment processors that understand the importance of eliminating costs to help providers get the most out of their income.
Variance
The best payment processors offer their merchants the ability to accept payments through multiple ways, especially those dealing with medical patients. We recommend merchant services that understand the importance of having a variance of different payment processing options for their merchants.
Customer Support
The way vendors communicate with their customers, their ability to effectively communicate, and how they resolve customer issues is also taken into consideration. Vendors should be able to accurately identify a customer's issue and take steps to resolve it while communicating the selected action.