By 420 Intel on Thursday, 28 April 2022
Category: Technology

Aeropay and Flowhub announce contactless payments integration

Cannabis retailers using Flowhub's point-of-sale platform can now offer compliant, cashless payments to customers

Aeropay, the cannabis industry's leading digital payments provider, and Flowhub, the leading national cannabis point-of-sale platform for dispensaries, have announced an integration partnership to enable ACH payments via Aeropay for over 1,000 dispensaries powered by Flowhub's software. Retailers using Flowhub can now offer cashless payments at checkout, which increases sales by more than 25% per transaction, based on data from Aeropay.

"Flowhub is a leading platform for cannabis retailers across the country, and this integration will allow thousands of businesses to offer a modern and efficient shopping experience," said Daniel Muller, CEO and founder of Aeropay. "This partnership is a consequential milestone in Aeropay's mission to help cannabis businesses efficiently scale by eliminating operational friction points. We look forward to extending compliant omnichannel payment solutions to even more dispensaries and brands as consumer demand for contactless alternatives to cash payments accelerates."

This integration makes checkout convenient and easy: By simply scanning a QR code, customers can complete their purchase without cash or cards. They simply link to their bank and pay.

Several of the cannabis industry's largest dispensaries and delivery companies utilize Aeropay's payment processing solutions to optimize their operations and retail experiences. Aeropay's payment method facilitates reliable and compliant payments for cannabis businesses across the United States.

"Flowhub is proud to work with Aeropay as our first ACH payments integration partner," said Kyle Sherman, founder and CEO of Flowhub. "Both teams are committed to helping make cannabis products more easily accessible to consumers and reduce reliance on cash. This integration is a stepping stone for innovative payment processing of legal cannabis sales."

Flowhub processes over $3 billion in cannabis sales annually while simplifying compliance and operational workflows for retailers. In October 2021, the company received $19 million in strategic funding from a consortium led by venture firms Headline and Poseidon, including a personal investment from Shawn "Jay-Z" Carter.

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Authored By: 
PR Newswire
Article category: 
Cannabis Technology News
Regional Marijuana News: 
North America
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