Unlocking Finance for Dispensaries.
Giving you the power to take control.
Why PayBud Business?
We’d like to speak with you for one minute, no distractions? It’s boring but we think it’s important.
Our mission at PayBud is simple:
To empower dispensaries with the tools they deserve. Because getting access to finance and marketing shouldn’t be a challenge if you’re a legal business, in a legal industry.
If you can walk into any bank branch, and be able to open an all singing all dancing business account, then don’t waste your time in reading, but we know that’s not the case for the majority in this industry.
We will start with an innovative payment method, but the goal is everything that you need to run and grow your business.
Let us help you take control.
PayBud Payments
Cannabis Payment Problems
Let’s face it: the payment world for weed dispensaries isn’t all sunshine and rainbows. Dealing with Card Schemes, Bank Transfers & Cash bring an array of problems for all industries. More so for any ‘High Risk’ Industry.
Say goodbye to all the old-fashioned payment methods that you’ve been struggling with forced to get used to for years.
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Unwillingness of card processors to work with cannabis businesses can leave you at their mercy. They could block your transactions or hike fees anytime, leading to unreliable service. Uncertain acceptance rates on card and bank transfer transactions add to the unpredictability and can disrupt smooth operations.
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Current cash and high-risk card operations inflate costs. Cash handling requires extra labor and secure logistics, while high-risk card processors charge steep rates.
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Predominantly cash businesses like dispensaries are attractive theft targets, posing a risk to revenue and safety.
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Limited payment options deter potential customers and compromise their shopping experience, potentially resulting in lost sales and damaging reputation.
Simple Payments Everywhere.
Online & In-Store.
No cards needed
Choose PayBud at Checkout or In-Store
Auto-directed to secure payment confirmation
Done!
How can this help my Dispensary?
Reduce Your Fees
Remove the need for unnecessary third parties, taking unnecessary & hidden fees.
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We will beat your current pricing and ensure it only gets cheaper as we grow.
No hidden fees, no confusion—just one simple, transparent rate so you know exactly what you’re paying.
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By operating a closed loop system, we remove third parties that control too much. Helping you keep more.
Improve Cash Flow
Regular payout settlement to your bank account. Don’t wait 3-5 Days for sales proceeds.
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Don’t wait days for your sales to land in your bank account. We settle payments quickly, giving you the cash flow flexibility to grow your business.
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We use modern technology to settle payments between you and your customer instantly, and regular payments out to your bank.
Remove Fraud
Address and remove cardholder chargeback fraud.
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Using PayBud Payments drops the risk of chargeback fraud with "fraud” as the dispute reason to 0.
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With 2 factor payment authentication, bad actors can no longer use payment fraud as a chargeback reason.
Increase Revenue
Improve Customer Experience online & in-store, to drive recurring, more valuable customers.
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Customers are willing to pay more for a better customer experience, and spend 67% more at brands they enjoy spending at.
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Streamlined Payments for Online and In-store, and PayBud funded discounts will drive a better experience.
Payments are just the beginning.
HomeBud Marketing
Your dispensaries secret weapon.
With PayBud, you’ve streamlined your payments, reduced fees, and secured your cash flow. But what if you could do more? What if every payment became a tool to grow your business and bring customers back, again and again? That’s where HomeBud comes in.
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Give exclusive product offers to your most loyal customers. How would you feel if your favourite brand gave you access to special items, new products and clearance items before anyone else. Great right?
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Offer a set discount on every purchase, again, only accessible to customers that choose your Dispensary as their favourite.
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Let us manage this entire process end to end, don’t worry about redemptions, rewards or discounts, that’s on us.
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PayBud Business Dispensaries are highlighted on our interactive user map, along with the rewards you offer so customers can find.
Increase basket size.
Loyal customers spend more every time.
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Loyal customers spend 12-18% more per purchase. Reward customers and they will begin to favour you over your competitors.
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Utilise PayBud’s Product Offers to increase exclusivity feeling with your members.
Increase Purchase Frequency
Loyal customers spend more regularly.
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Loyal customers shop 2x more often than non-members. Customers with a reason to return will always choose you first.
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With always on rewards, customers get more discounts, more often so can continue to come back to you.
Reduce Customer Churn
Keep your customers coming back to you.
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It costs 5x more to acquire a new customer than to keep an existing one. By keeping your customers engaged with tailored rewards, HomeBud helps you save on acquisition costs while building long-term relationships.
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Use HomeBud to keep your dispensary top of mind.
Increase Customer LTV
Increase the overall value of each customer over the course of their lifetime.
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Customers with an emotional connection to brand have a 306% higher lifetime value than a customer without.
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HomeBud offers all the tools to build loyalty with your customers.
FAQs:
Join our Waitlist or book a call for more info.
Join our early access waitlist, and get beta access before everyone else. Outcompete your competition and local dispensaries with our targeted marketing & payment options. Use us to take control.