Cannabis Banking & Payment Solutions for Michigan Dispensaries

Operating a cannabis business in Michigan means navigating strict compliance requirements, high cash volumes, and limited access to traditional banking services. At Paybotic Financial, we provide fully compliant cannabis banking and digital payment solutions tailored to licensed dispensaries and operators across the state. Whether you’re opening your first storefront or scaling across cities, we help you reduce cash reliance, streamline operations, and stay compliant with Michigan’s cannabis regulations.

Why Michigan Cannabis Operators Need Banking + Payments

· Traditional banks often refuse cannabis businesses due to federal laws

· Managing large volumes of cash is risky, costly, and non-scalable

· New Cannabis Regulatory Agency (CRA) rules require clear financial recordkeeping

· Customers expect convenient, cardless, or contactless payment options

Serving operators in: Detroit · Grand Rapids · Ann Arbor · Lansing · Kalamazoo · Flint · Traverse City · Saginaw · Warren · Ypsilanti

Cannabis Payment Solutions in Michigan

Pay by Bank (ACH)

· Accept direct bank-to-bank payments from customers and vendors

· No apps or cards required—fully digital and secure

· Reduce reliance on cash with fast, compliant transactions

Corporate Debit Cards

· Manage cardholders online with spending controls

· Streamlined expense management and reporting

· Use wherever debit cards are accepted

Cashless Checkout Options

· Enable seamless, contactless in-store and online payments

· Maintain full transaction transparency

· Integrated consumer verification and tracking

Cannabis Banking Services in Michigan

*FDIC-Insured Business Accounts

· Cannabis-compliant checking accounts through partner institutions

· Secure deposits, transfers, and wires

· Domestic wire and check deposit capabilities

Cash Logistics & Management

· Armored cash pickup and transport

· Real-time tracking and vaulting

· Reduce in-store cash risks and manual handling

ACH Payroll & Vendor Payments

· Pay staff and suppliers via ACH or direct deposit

· Eliminate paper check dependency

· Maintain compliance with full transaction records

Stay Compliant and Future-Proof Your Operations

At Paybotic Financial, we’ve built our platform to align with Michigan Cannabis Regulatory Agency (CRA) guidelines and federal FinCEN standards—so you don’t have to worry about compliance gaps. From audit-ready reporting to secure onboarding and real-time financial transparency, we help you operate with confidence today and scale with security tomorrow.