Cannabis Banking & Payment Solutions for Rhode Island Dispensaries
Running a cannabis business in Rhode Island means staying compliant with newly established adult-use regulations while managing the challenges of cash-heavy operations and limited banking access. At Paybotic Financial, we deliver fully compliant cannabis banking and digital payment solutions tailored to Rhode Island’s licensed dispensaries and cannabis operators. Whether you’re transitioning from medical-only sales or opening your first adult-use store, we help you reduce cash dependency, streamline operations, and maintain full financial transparency.
Why Rhode Island 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
· Rhode Island Cannabis Control Commission (CCC) requires strict financial recordkeeping and audit readiness
· Customers expect convenient, cardless, or contactless payment options
Serving operators in: Providence · Warwick · Cranston · Pawtucket · East Providence · Woonsocket · Newport · Central Falls · Cumberland · North Providence
Cannabis Payment Solutions in Rhode Island
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 Rhode Island
*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, our platform is built to align with Rhode Island Cannabis Control Commission (CCC) rules and federal FinCEN regulations. From audit-ready transaction logs to secure onboarding and digital reporting, we help your Rhode Island dispensary stay compliant, competitive, and ready to scale.