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POSaBIT Announces ‘Connect’, Fully Open API for Integrators
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Rhea-AI Summary
POSaBIT Systems Corporation (OTC: POSAF) has launched 'POSaBIT Connect', a publicly available API designed for third-party integrations, enhancing accessibility to its product suite within the cannabis industry. This initiative aims to facilitate seamless integration for businesses, allowing them to connect to POSaBIT services across various operational aspects such as menus, sales data, and payments. CEO Ryan Hamlin emphasized that this open API represents a significant advancement for the company and the cannabis sector, promoting a user-friendly platform for retailers.
Positive
Launch of 'POSaBIT Connect', an open API for third-party integrations.
Enhances accessibility to the POSaBIT product suite for cannabis businesses.
Provides integration across business facets like payments and bookkeeping.
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SEATTLE--(BUSINESS WIRE)--
POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), the leading provider of payments infrastructure in the cannabis industry, has announced the release of “POSaBIT Connect”, their publicly available API that allows 3rd party integrations of all kinds to gain access to the ever-expanding POSaBIT product suite.
“POSaBIT Connect is a significant step forward for our company and the cannabis industry at-large,” said Ryan Hamlin, CEO/co-founder of POSaBIT. “With this open API, companies of every kind within the industry can gain access to the POSaBIT ecosystem. We know that organizations want choice, and with POSaBIT Connect we are providing a frictionless way for them to plug in any one of our various product offerings to their existing systems.”
POSaBIT Connect allows integrations across a variety of facets of any retailer’s business, including Menus, Customer Profiles, Product & Sales Data, Payments, and Bookkeeping. The POSaBIT team, through POSaBIT Connect, continues to focus on creating an open, flexible, and user-friendly platform for the cannabis industry.
About POSaBIT
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. POSaBIT’s unique solution provides a safe and transparent environment for merchants while creating a better overall experience for the consumer. For additional information, visit www.posabit.com.
POSaBIT Connect is a publicly available API that allows third-party integrations to access POSaBIT's product suite, aimed at enhancing business operations in the cannabis industry.
How does POSaBIT Connect benefit cannabis businesses?
It offers seamless integration with various business functions including menus, sales data, and payments, improving operational efficiency.
When was POSaBIT Connect launched?
POSaBIT Connect was announced in a press release on October 19, 2021.
What is the stock symbol for POSaBIT Systems Corporation?
The stock symbol for POSaBIT Systems Corporation is POSAF, traded on OTC markets.
Who is the CEO of POSaBIT?
Ryan Hamlin is the CEO and co-founder of POSaBIT Systems Corporation.
