No Account Shut-Downs
Work with the Bank’s Cannabis Program
Our partners at Dama Financial, working through its sponsor banks, offer a solution that works within the banking system. This transparency with bank partners is key to long-term success.
With an integrated Paywana kiosk you are able to accept electronic transactions from your customers.
Secure Cash Deposits
Minimize the financial and safety risks associated with keeping large amounts of cash on hand.
Online and Mobile Access
See your accounts and take actions easily when you utilize your payments across secure online and mobile platforms.
Digital Customer Wallet
In less than 2-minutes your customers can create their secure digital wallets and load funds using their bank account information or their debit card.
Working with Paywana and our payments partners at Dama Financial creates new opportunities for your cannabis business.
• A FDIC-insured bank account in your business’s name
• An interest-bearing account
• Bill pay capability by Check, ACH and Wire
• Armored Car cash pick up & Processing
•A fully integrated digital wallet solution
I already have a bank account, do I need to cancel it to open an account managed by Dama Financial account? No, keep any accounts you currently have. The account opened through Dama Financial will work alongside your existing accounts.
How long does it take to get an account? Generally accounts take 1-4 weeks to set up. One of our account management specialists will work with you during the entire process.
Can I still accept cash? Yes, of course – but now you can deposit it into an FDIC insured bank account in your businesses name.