AeroPay: Introduces Digital Payment Solutions For Cannabis Businesses

AeroPay: Introduces Digital Payment Solutions For Cannabis Businesses

  • AeroPay has launched a new suite of digital payment solutions intended for cannabis businesses
  • The tech will allow both B2B and B2C transactions and will encompass the entirety of the cannabis industry
  • Clients will also be able to provide customers with a contactless digital option as well
  • The initiative came from the fact that cannabis companies have long relied too much on cash while the world has been transitioning to digital payments
  • Daniel Muller, CEO and founder of AeroPay, said in the release that he hopes the tech will boost the long-underserved cannabis B2B community.
  • A survey by payment and banking tech firm Hypur found that around 71 percent of cannabis customers prefer cash as a payment method over digital
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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