POSaBIT Launches Fully Compliant Mobile Payments Technology for Cannabis Industry
Summary
SEATTLE--(BUSINESS WIRE)--POSaBIT (CSE: PBIT), a leading financial technology company delivering unique blockchain-enabled payment processing and point of sale (POS) systems for cash-only businesses with a focus on the cannabis industry, announced the rollout of its fully compliant mobile payments system for dispensaries across states. “Delivery is one of the fastest growing segments of the cannabis industry and an area that many dispensaries are moving toward,” said Ryan Hamlin, POSaBIT CEO and co-founder. “Our fully compliant solution allows businesses to feature a state-of-the-art retail customer experience for both in-store and delivery, while also providing in-depth business analytics and increased revenues for businesses.” The new payments system moves from requiring an iPad, printer, scanner, and debit terminal to only needing the device and debit terminal. POSaBIT (CSE: PBIT) is a financial technology company that delivers unique and innovative blockchain-enabled payment processing and point of sale systems for cash-only businesses. POSaBIT specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution that is compliant, user-friendly and utilizes top-of-the-line hardware.