Chicago, IL, Nov. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CannaTrac® Technology, Inc. (“CannaTrac®” or “the Company”), the leading cashless payments solution for the cannabis industry, today announced that it has garnered feature coverage on The Pot.Live Podcast.
“It was a pleasure speaking with Len on the Pot.Live Podcast about the CannaCard cashless payment solution and our goal to provide cannabis businesses with a safe, convenient payment solution,” said Thomas Gavin, Vice Chairman and CEO of CannaTrac®. “We had the opportunity to discuss how CannaCard could help a wide range of businesses, including websites like his that are looking to sell CBD.”
During the interview, Connecting Cannabis Business and Consumers with Tom Gavin, Gavin discusses the advantages of the CannaCard® for both consumers and businesses. For consumers, Gavin talks about the ways in which CannaCard® provides convenience, safety, and loyalty rewards. He continues on to how businesses can benefit from the CannaCard® for a variety of reasons including increased foot-traffic and sales. In addition to the added safety and ease of using the CannaTrac® payment platform, Gavin explains that consumers are likely to spend up to 20 percent more with vendors through digital payments versus when paying with cash.
Gavin goes on to elaborate on the Company’s agreement with Pacific Banking Corp. (PBC), announced in September 2019. Through this agreement, CannaTrac® has officially launched CannaCard® nationally and allows businesses to apply for both the CannaCard® Platform and banking services with PBC simultaneously.
The CannaCard® platform offers loyalty and rewards programs coupled with transparent financial processing to facilitate payments via the CannaCard® app or a physical, reloadable CannaCard® to offer cannabis consumers and operators a streamlined and solution-oriented cashless payment platform.
ABOUT CANNATRAC®
CannaTrac® is dedicated to bringing safety to the cannabis industry by serving as the industry’s leading cashless payment solution. CannaTrac® created the CannaCard® to provide consumers and retailers with a convenient way to benefit from increased safety and convenience through cashless purchases within the legal cannabis industry. Shop.Pay.Earn Rewards™ with the CannaCard®. To learn more about CannaCard® or register as a merchant, please visit https://CannaTrac.com.
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Caitlin Franscell
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