CHICAGO – AeroPay, a disruptive monetary expertise firm, introduced at present the launch of a set of compliant digital funds options for state authorized hashish companies all through the United States. AeroPay has offered different funds options to companies in different industries – from nonprofits to eating places and retail to e-commerce websites – since 2017. The suite of options for hashish companies presents one other evolution within the choices for the FinTech firm.
“Cannabis businesses have long been underserved by the current payments landscape and we saw an opportunity to help them by leveraging AeroPay’s existing technology,” says Daniel Muller, CEO & Founder of AeroPay. “What makes us unique is we are a traditional financial technology company that also services cannabis businesses. What’s even more exciting is our technology will allow us to partner and integrate with other ancillary cannabis companies to create even further operational efficiencies for the businesses that take advantage of our solutions.”
The AeroPay suite of options work by enabling bank-to-bank digital funds – by way of what the corporate calls ‘smart bank transfers’ – between hashish companies and their clients (C2B) or different companies (B2B). The expertise is constructed to deal with funds each in-person and on-line for environments by way of your complete hashish provide chain – from develop ops and suppliers to retail dispensaries and supply drivers.
Dispensary homeowners will now be capable of supply a handy and contactless digital fee choice to their clients. For shoppers, it’s a easy two step sign-up course of: create an AeroPay account and hyperlink their financial institution. In the tip, this can assist facilitate extra seamless transactions on the point-of-sale or upon supply and cut back using money.
“Cannabis businesses and their customers have been forced to rely almost exclusively on cash for too long,” says Ryan Coffey, Director of Business Development at AeroPay. “Cash comes with a ton of issues – high cost of management, risk of employee theft, difficulties tracking and reporting payments, and an often massive inconvenience for consumers. We are committed to providing a safer, more efficient environment for cannabis businesses to operate in.”
To study extra about AeroPay’s funds options, go to www.aeropay.com
AeroPay is the funds firm for the following era, reimagining the best way cash is moved in trade for items and companies. AeroPay’s funds options are designed to offer companies with decrease prices, sooner settlement occasions, and enhanced safety. Since it’s founding, AeroPay has operated with the assumption that companies in all industries and of all sizes ought to have entry to progressive monetary instruments and truthful pricing. In 2019, AeroPay was named certainly one of “25 FinTech payment solutions that make moving money faster, simpler, and more secure” by Built In.