Cannabis Banking & Payment Solutions for New York Dispensaries

Running a cannabis business in New York means navigating a tightly regulated environment while dealing with the ongoing challenges of cash-heavy operations and limited banking access. At Paybotic Financial, we provide compliant cannabis banking and digital payment solutions tailored specifically to licensed dispensaries and operators across the Empire State. Whether you’re opening your first location or scaling across boroughs, we help you reduce cash dependency, simplify operations, and meet state compliance with confidence.

Why New York Cannabis Operators Need Banking + Payments

· Most banks won’t serve cannabis businesses due to federal classification

· Handling high volumes of cash increases risk, cost, and inefficiency

· The New York Office of Cannabis Management (OCM) enforces strict financial transparency

· Customers expect convenient, cardless, or contactless payment options

Serving operators in: New York City · Buffalo · Rochester · Albany · Syracuse · Yonkers · Hempstead · White Plains · Schenectady · Binghamton

Cannabis Payment Solutions in New York

Pay by Bank (ACH)

· Accept direct bank-to-bank payments—no app or card required

· 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 New York

*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 liability and staff time managing physical cash

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, our solutions are built to align with New York OCM guidelines and federal FinCEN regulations. With built-in reporting, secure onboarding, and full transaction visibility, we help your cannabis business operate legally and scale with confidence—today and in the future.