Medical Marijuana Merchant Accounts

Medical marijuana merchant accounts by Instabill

Medical Marijuana Merchant Accounts

And Other Cost-Effective, High Risk Merchant Account Solutions

Marijuana merchant accounts are in very, very high demand. With legalization in 31 states and the District of Columbia, the industry is only in the infancy of what is expected to be a revenue windfall for merchants. Though growth, possession and sale of marijuana — for medicinal and recreational purposes — is legal in some form in more than half of U.S. states, it remains illegal by federal law in the U.S.

Slowly and steadily, banks are warming to cannabis payments as more and more states, and even countries, are legalizing cannabis for recreational use in addition to medicinal use. Instabill, a merchant account provider for high risk industries for nearly two decades, currently has two marijuana merchant accounts solutions which significantly reduce the amount of cash transactions and offer payouts in 24 hours:

Debit solution: Our debit solution for medicinal and recreational cannabis businesses enables customers and patients to have a debit card connected to their bank accounts for easy loading and reloading.

Crypto currency solution: Our crypto currency solution empowers marijuana merchants to house a crypto currency POS device and/or crypto ATM which converts cash to crypto and vice versa, enabling for customers and patients to pay for cannabis transactions in either currency.

Learn More About Medical Marijuana and Other High Risk Merchant Services with Instabill

Since 2001, Instabill has been providing high quality merchant services to high risk businesses worldwide. From merchant accounts and payment gateways to offshore incorporation and SSL certificates, Instabill strives to be your one-stop shop for all your e-commerce needs.

How do I get a medical marijuana merchant account

Speak with a medical marijuana merchant account manager one-on-one by calling 1-800-318-2713, or just click the button to get started.

Instabill offers one merchant account solution for medical marijuana merchants:

Offshore Medical Marijuana Merchant Accounts (with payment processing history):

  • 4-6 months history of payment processing statements, with company name shown prominently listing total sales, chargebacks/refunds and returns.
  • 3 months of business banking statements
  • Approvals: 10 business days to two weeks

Domestic Medical Marijuana Merchant Accounts

  • As marijuana is illegal by the U.S. federal government, Instabill has no domestic solutions, but is hopeful of law reforms within five years.

Medical marijuana merchant account timetable

The only payment solution for medical marijuana merchants Instabill offers is an aggregate merchant account through an international bank with a shared billing descriptor.

The time it takes for medical marijuana merchant account approvals varies with each merchant and their financial history. With all the necessary documentation and materials, Instabill can provide a credit card processing solution between 10 business days to 2 weeks.

Medical marijuana merchant account fees

The fees Instabill charges for medical marijuana merchant accounts are dependent on several factors: The merchant’s processing history, type of industry (high risk or low risk) and/or projected sales volume. Each merchant account is unique, but typical fees include:

  • Merchant discount rate
  • Per transaction fee
  • Monthly statement fee
  • Monthly gateway fee
  • Six-month rolling reserve
  • Chargeback fee
  • Refund fee

Solutions for marijuana seeds, CBD, hemp

Instabill has partnerships with domestic and international banks which enable us to provide credit/debit card and crypto currency transactions for not only medicinal and recreational cannabis businesses, but also cannabis seed, CBD and hemp merchants. Additionally, Instabill can offer an offshore aggregate merchant account solution with a shared billing descriptor

Through one of our offshore banking partners, we can also provide an aggregate merchant account solution (with a shared billing descriptor) for CBD, seed and hemp merchants who are seeking to accept credit card payments.

Speak directly with a high risk merchant account manager at 1-800-318-2713.

Payment gateway integration for medical marijuana merchants

Each merchant account approved by Instabill and its acquiring banking partner includes access to the payment gateway of approving bank. Instabill’s trusted banking partners offer a secure payment gateway for all transactions with which you will connect the bank’s API to your website for seamless transactions.

U.S. States in which recreational or medical marijuana is legal


Alaska (Rec.)


California (Rec.)

Colorado (Rec.)



District of Columbia (Rec.)




Maine (Rec.)


Massachusetts (Rec.)

Michigan (Rec.)





Nevada (Rec.)

New Hampshire

New Jersey

New Mexico

New York



Oregon (Rec.)

Rhode Island

Vermont (Rec.)



West Virginia