Insights

These articles were written by Hypur’s banking, compliance, and cannabis experts. Hypur is at the forefront of marijuana compliance and payment technology, and our authors are frequently sought out as experts regarding these subjects.

The Reality of Federal Cannabis Legalization

Hypur has been an active part of the cannabis industry since 2014. Committed to compliance, we encourage transparency and sustainability. Find out more.

How to Make the Most of MJBizCon Las Vegas

Hypur has been an active part of the cannabis industry since 2014. Committed to compliance, we encourage transparency and sustainability. Find out more.

How to Get (and Keep) a Cannabis Bank Account

Hypur has been an active part of the cannabis industry since 2014. Committed to compliance, we encourage transparency and sustainability. Find out more.

What Are Chargebacks and How Hypur Reduces Them

Hypur has been an active part of the cannabis industry since 2014. Committed to compliance, we encourage transparency and sustainability. Find out more.

How Hypur Keeps Your Data Safe and Secure

Hypur has been an active part of the cannabis industry since 2014. Committed to compliance, we encourage transparency and sustainability. Find out more.

How Hypur Transactions Work

Hypur has been an active part of the cannabis industry since 2014. Committed to compliance, we encourage transparency and sustainability. Find out more.

Hypur Partner Spotlight: Müv Phoenix

Hypur partners with businesses across the country, offering electronic payments for cannabis. More details in this spotlight on an Arizona dispensary, Müv.

How Hypur Is Influencing the Cannabis Industry

Hypur has been an active part of the cannabis industry since 2014. Committed to compliance, we encourage transparency and sustainability. Find out more.

Signs of Shady Cannabis Payment Solutions

A legitimate marijuana merchant account gives you sustainable cannabis payment solutions. Wondering if a payment processor is shady? Here are some signs.

E-Check vs ACH: Explaining Hypur Pay

Hypur offers sustainable payments using ACH transactions. But our ACH solution isn’t an e-check! Learn more about how we are different.

Learn from These Cannabis Payment Mistakes

Using workaround cannabis payment providers can result in some serious problems. Learn from other people’s mistakes and protect your cannabis business.

Marijuana Related Businesses (MRBs): Tiers and Their Impacts

Whether you run a Tier I marijuana related business (MRB) or partner with a tier ii MRB, there are important things you should know. Let us explain.

Get Cash When You Refer a Friend with Hypur

Referral programs that pay cash are the best! The refer-a-friend Hypur promo puts money into your bank account when your friends pay for cannabis.

How Much is Cash Costing Your Cannabis Business?

If your cannabis business includes bags of money, you might be battling hidden costs. The cost of cash is high, but there are cannabis banking solutions.

Make More Money Using Hypur

Beyond cannabis payments, Hypur can help you make more money selling CBD or marijuana. Here are three ways that partnering with Hypur boosts revenue.

Accepting Credit Cards for Cannabis Could Destroy Your Company

There are plenty of shady cannabis credit card processing schemes but using them could put your company at risk. Learn how, and what you can do instead.

Why You Need a Reputable Merchant Account, Not Just a Payment Processor

Dispensaries are often at a loss when it comes to getting a marijuana merchant account. There is a lot of confusion and misinformation out there regarding merchant accounts, third-party payment processors and the payment services that retailers need.

How You Can Pay For Cannabis

Hypur is a free payment solution for consumers of cannabis and CBD products. Here’s what you should know about using Hypur to pay for hemp or CBD online.

Using Hypur to Pay for CBD or Hemp Online

After shopping for products online, you can pay for your Hemp or CBD products through your favorite website. But you might find that while your site of choice previously let you checkout with a debit or credit card, you’re now being instructed to use Hypur.

Marijuana Banking: The Prospects for Legal Protection

In this article John Vardaman explains the landscape of the current legal protections for those in the marijuana banking industry. As New York considers legalizing the recreational use of marijuana…

A Year After Cole Memo Rescission and Marijuana Banking Goes On

On January 4, 2018, then Attorney General Jeff Sessions announced the rescission of the Cole Memo, the document that set out the DOJ’s “hands off” approach to state-legalized marijuana, including…

The State of Cannabis Banking – 2018

According to a report released by the Financial Crimes Enforcement Network (FinCEN) for the period ending June 30, 2018, there are 441 U.S. depository institutions providing banking services…

Cannabis Banking – Separating Fact from Fiction

In this video from the Green Market Summit, Hypur’s EVP of Business Development, Tyler Beuerlein and EVP of Banking Compliance, Andre Hererra, discuss the economics of cannabis banking…

ACH Payment Revenue Opportunities for Financial Insitutions

Commercial banks around the country continue to treat one of the most basic services they’ve offered for decades more as a passive commodity rather than a proactive, marketable asset. It’s time for commercial banks…

Sessions Abdicates His Responsibility on Marijuana

On January 4, 2018, Attorney General Sessions issues a memo formally rescinding years of DOJ guidance, most notably the 2013 Cole Memo, that laid out the federal governments hands-off approach to to state legalized marijuana.…

Compliance Departments – A New Revenue Center for Financial Institutions (part 2)

Revenue and compliance are inextricably linked. The common perception is that the practice of compliance inhibits revenue generation, while the cost of compliance is a revenue drain. This lethal combination…

Compliance Departments: A New Revenue Center for Financial Institutions (part 1)

As new and innovative technology continues to disrupt long standing business functions, banking is proving to be no exception. The days of simply opening up a brand and expecting new…

New Approach to Banking Money Service Businesses

In speaking at various bank and credit union events about the banking of Money Service Businesses, one common theme is clear: that despite changes in the regulatory landscape, the process for banking MSBs has…

Webinar: Banking Money Service Businesses in Today’s Environment

This webinar covers recent events and trends and the tremendous opportunities created for financial institutions. As a result of “de-risking” by large national banks, Money Service Businesses across the country…

Challenges and Solutions to Banking Marijuana-Related Businesses

Banking marijuana-related businesses (MRBs) poses some unique compliance challenges. Fortunately, Hypur has developed solutions for them. There is a widely held assumption among financial institutions that…

The Changing Perception of Banking Marijuana Related Businesses

When the federal government issued policy guidance in 2014 as to how financial institutions could permissibly service marijuana-related businesses, industry reaction was swift and decisive – most FIs wanted…

Myth vs Fact: The Cole Memorandum & State-Legal Marijuana

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Webinar: Untapped Opportunities for Credit Unions

In the current low-interest-rate environment, credit unions are exploring new sources of revenue to augment deposit and non-interest revenue. Hypur’s technology now allows credit unions to safely and profitably…

Webinar: Banking MSB and Marijuana Clients in a Responsible and Profitable Manner

This webinar was presented by Hypur to members of the National Association of Credit Union Service Organizations (NACUSO) and addresses various legal, compliance, and financial factors concerning banking…

Enabling Banking for Marijuana-Related Businesses

The Obama Administration decided as a matter of policy to permit state legalization of marijuana initiatives to proceed without federal intervention, except in extraordinary circumstances…

Regulatory Expectations Regarding Banking Money Service Businesses

Regulatory expectations surrounding banking money service businesses are a frequent source of confusion for financial institutions. Many financial institutions are surprised…

Banking Florida Medical Marijuana Businesses

Regulatory expectations surrounding banking money service businesses are a frequent source of confusion for financial institutions. Many financial institutions are surprised to receive deficiencies and matters…

State-Legalized Marijuana: Opportunities for Credit Unions

In the current low-interest-rate environment, credit unions are exploring new sources of revenue to augment deposit and non-interest revenue. One new market that has emerged is state-legalized marijuana, which has created opportunities…

Banking MRBs – Technology Solutions (part 5)

This is the fifth in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses on operating procedures of MRB banking. After researching regulatory guidance, becoming…

Banking MRBs – Transaction Monitoring (part 4)

This is the fourth in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses on MRB transaction monitoring. Financial institutions should have prcedures in place to detect…

Banking MRBs – Creating an MRB Banking Policy (part 3)

This is the third in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses creating an MRB banking policy. The first step in banking the cannabis industry is creating…

Banking MRBs – Regulatory Guidance (part 2)

This is the third in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses on MRB banking regulatory guidance. The ideal situation would be if the FFIEC published…

Banking MRBs – Should Your Institution Do It? (part 1)

This is the first in a five-part series of articles about banking MRBs. These articles are intended as an overview of marijuana banking, not an exhaustive guide. These articles are based on our banking, payments…