AeroPay, Blackbird team up for cannabis businesses to accept online payments

Wednesday 20 January 2021 11:19 CET | News

Digital payments platform AeroPay has entered into a strategic partnership with cannabis software and delivery company Blackbird.

The aim of this collaboration is to create a platform to enable cannabis businesses to accept cashless operations. The partnership integrates AeroPay’s payments platform into Blackbird’s cannabis marketplace, Yahoo Finance reports.

Cannabis has been considered an essential business, however, businesses are still unable to accept traditional card payments due to the plant’s lingering federally illegal status. This means that the entire industry is forced to highly rely on cash transactions, with the risk it entails. By using the new functionality, Blackbird customers will be able to pay online, through a bank-to-bank transfer that goes directly to the business.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: AeroPay, partnership, Blackbird, online payments, cannabis industry, cashless operations, card payments, banks
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events