Cannabis retailers in California, Michigan, Ohio, Illinois, Maine, New Jersey, Florida and Massachusetts can now offer compliant, cashless payments via Dispense and Aeropay
CHICAGO and NEW YORK, August 24, 2022 /PRNewswire/ — Aeropay, the cannabis industry’s leading digital payments provider, and Dispense, a leading e-commerce and cannabis dispensary management software, have announced an integrated partnership enabling compliant and fully integrated via Aeropay. The partnership includes an integration of Aeropay’s digital and compliant payment solutions with Dispense’s e-commerce software for dispensaries. Retailers using Dispense can now offer cashless payments at checkout, which has the potential to increase sales by 25% per transaction.
Dispense, one of the fastest growing cannabis software companies, serves cannabis dispensaries California, Michigan, Ohio, Illinois, Maine, New Jersey, Florida and Massachusetts – with plans to launch soon in Oklahoma and Colorado. Dispense enables dispensaries to sell online and scale their business with customizable software built by dispensaries, for dispensaries. The easy-to-use software creates a customizable e-commerce menu for dispensaries that leverages SEO to automatically increase web traffic. Equipped with powerful, customer-centric technology, businesses can simplify operations, increase revenue, and retain customers, all while owning their data.
“We are thrilled to announce this partnership with Aeropay, which will add compliant and fully integrated payments to the Dispense platform,” said Dispense’s CEO. Kyla Sirni. “So far, dispensaries implementing the Dispense management platform have seen average basket size increase by at least 25%.”
Dispensaries are unable to process traditional card payments while cannabis remains federally illegal, and most major banks have refrained from working with the cannabis industry. Businesses and customers are forced to conduct mostly cash transactions, but sales trends show that 51% of customers prefer to make secure, contactless payments for goods and services.
Aeropay enables customers to pay with ACH online and in-store by offering easy integration with e-commerce platforms, secure and state-compliant payments and a modern API infrastructure, giving operators full control of the experience customer and brand image. Bank-to-bank payment processing through Aeropay is free for customers, simplifying the payment experience for merchants and customers.
“Dispense is an innovative cannabis e-commerce platform working with retailers across the country, and this new integration gives businesses simple dispensary management software and SEO tools that will dramatically improve ROI,” said Daniel Muller, CEO and Founder of Aeropay. “It’s exciting to announce this partnership which will facilitate better cashless payment options for consumers and businesses. Aeropay is a proven integration partner providing digital solutions for the industry’s leading e-commerce platforms.”
Aeropay is a fintech company that provides alternative payment processing solutions to legal cannabis businesses. With Aeropay, cannabis businesses can offer a compliant, cashless digital payment option to their customers. Aeropay has sought regulatory compliance in each state in which it operates. For more information, visit www.aeropay.com or email [email protected]
About the cast
Dispense is a B2B e-commerce software that aims to provide cannabis dispensaries with the technology and tools they need to sell products online, manage operations, build direct relationships with customers, and scale their businesses seamlessly. simplicity. Dispense was co-founded in 2020 by CEO Kyla Sirni and CTO Officer Tim who saw an opportunity to adapt their existing Tableist ticketing and reservation technology to help cannabis dispensaries safely schedule and manage customer order pickups. The initial proof of concept was successful, and now Dispense is used by some of the largest and busiest dispensaries in the country. For more information, visit www.dispenseapp.com or email [email protected]