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POSaBIT Becomes Approved Integrator for CCRS, Washington’s New Traceability System
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POSaBIT Systems Corporation (OTC: POSAF), a leader in cannabis industry payment systems, has been approved as an integrator for Washington State’s new traceability system (CCRS), set to launch in December. Christine Foss, Director of Product at POSaBIT, highlighted the team's efforts to prepare their system for this transition. The company is committed to providing training and support to partners to ensure a smooth implementation. This move positions POSaBIT favorably within the evolving regulatory landscape of the cannabis market.
Positive
Approved integrator for Washington State's CCRS.
Anticipated implementation in December enhances market readiness.
Commitment to partner training and support during the transition.
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None.
SEATTLE--(BUSINESS WIRE)--
POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has officially been accepted as an approved integrator for CCRS, Washington State’s new state traceability system, which is scheduled to go live in early December.
“The POSaBIT team has been hard at work since the day the transition to CCRS was announced to ensure that our point of sale system would be ready to go on day one of implementation,” said Christine Foss, Director of Product at POSaBIT. “Aside from all the work our product and development teams have accomplished - including becoming an approved integrator - we are equally committed to keeping our point of sale partners informed, trained, and up to date on the CCRS transition in anticipation of the go-live date in December.”
The POSaBIT team will continue to work closely with the state and its fellow technology partners over the coming weeks to fine tune their product and processes to guarantee a seamless transition to CCRS. They plan to provide their partners with ample training materials, opportunities for personal walkthroughs of the new system, and whatever additional support they may need throughout this month.
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.
Being an approved integrator for CCRS means POSAF will be part of Washington State's new traceability system, enhancing its position in the cannabis industry.
When will the CCRS system go live?
The CCRS system is scheduled to go live in early December.
How is POSAF preparing for the CCRS launch?
POSAF is preparing by ensuring their point of sale systems are ready and providing training and support to partners.
What is the significance of POSAF's role as an integrator?
POSAF's role as an integrator solidifies its position in the cannabis market, aligning its technologies with state regulations for traceability.
