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POSaBIT Unveils In-Store Payment Kiosk for Dispensaries
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
POSaBIT Systems Corporation (OTC: POSAF) has launched the POSaBIT Kiosk, an innovative payment solution for cannabis dispensaries and retailers. This standalone kiosk enables customers to create carts and pay via debit cards in-store or online. CEO Ryan Hamlin described it as a 'game-changing' product, enhancing in-store marketing and order processing. Currently in beta testing, the kiosk will be fully deployed in Q1 2022. POSaBIT focuses on blockchain-enabled payment processing for high-risk industries, offering a compliant and user-friendly solution.
Positive
Launch of POSaBIT Kiosk enhances customer payment options.
Potential for increased sales through improved in-store marketing.
POSaBIT Connect API promotes compatibility with various menu platforms.
Projected full roll-out by Q1 2022 may expand market reach.
Negative
None.
SEATTLE--(BUSINESS WIRE)--
POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), the leading provider of payments infrastructure in the cannabis industry, has unveiled the POSaBIT Kiosk, a versatile and standalone hardware option for dispensaries and retailers. The POSaBIT Kiosk allows customers to build out their carts, either in-store or online, and pay for their orders with a debit card directly from the kiosk.
“We believe the POSaBIT Kiosk is a game-changing solution for retailers across the country,” said Ryan Hamlin, CEO/co-founder of POSaBIT. “Not only is this product a line buster, it’s a brand new avenue for in-store marketing and it represents a significant leap forward in how online orders are processed, paid, and fulfilled.”
The POSaBIT team, via their open API POSaBIT Connect, will allow any and all menu platforms to fully integrate with the Kiosk, creating a fully-functional and intuitive process for all sales coming from the kiosk itself. The POSaBIT Kiosk is currently being beta-tested in select retailers with a full roll-out expected in Q1 of 2022.
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.
