CannaCard and Dispensify have announced a strategic partnership to transform cannabis payments through fully legal, transparent, and cashless transactions, eliminating the need for cumbersome crypto-workarounds and legally questionable PIN/debit transactions. The collaboration provides dispensary owners a powerful, all-in-one solution to modernize their retail operations while maintaining compliance with financial regulations at both state and federal levels.
The integration of CannaCard's trusted payment system into Dispensify's kiosks creates a seamless and secure shopping experience for customers while streamlining operations and improving cashflow for dispensaries. This partnership addresses a critical pain point in the cannabis industry, where many businesses have struggled with cash-heavy operations and legally questionable payment alternatives due to federal banking restrictions.
Edwin Sochacki, Chief Marketing Officer of CannaCard, stated that the partnership streamlines the cannabis retail experience for consumers and dispensary operators alike, providing a payment alternative that is legally sound, user-friendly, and financially beneficial for all parties involved. Ryan Lagace, Co-Founder of Dispensify, emphasized the company's commitment to giving clients options that improve both operations and customer experience through secure payments while maintaining business flexibility.
Key benefits of the partnership include seamless kiosk payments using the CannaCard mobile app, 24-hour settlement that allows funds from consumer purchases to be transferred to a dispensary's bank of record as quickly as one business day, and lower costs for both consumers and dispensary owners by avoiding third-party ATM fees and PIN/debit workarounds. The POS-agnostic kiosks and payment system offer direct API integration available to leading cannabis point-of-sales systems upon request.
This collaboration underscores a shared commitment to innovation, compliance, and operational efficiency in the evolving cannabis industry. As Dispensify continues its rapid national expansion, CannaCard's platform is positioned to become the payment standard across hundreds of new retail locations, offering a scalable and compliant infrastructure for cannabis transactions that could set new industry standards for financial operations.
The partnership represents a significant step forward in normalizing cannabis commerce by providing a legitimate banking alternative that reduces security risks associated with cash transactions while ensuring regulatory compliance. For more information about the companies involved, visit https://www.thecannacard.com and https://www.dispensify.com.
