Seamless Cannabis E-Commerce Prepayments With CanPay's RemotePay Integration

Zinger Key Points
  • CanPay introduces RemotePay, an invovative e-commerce option for cannabis, enhancing prepayment convenience and reducing wait times.
  • Flexible transaction management empowers merchants to adjust orders post-sale, enhancing accuracy and customer satisfaction.
  • Integration with leading platforms like I Heart Jane and DispenseFirst amplifies accessibility for consumers seeking streamlined purchasing

CanPay, a cannabis industry payment network, has introduced an innovative e-commerce payment integration looking to redefine the way consumers prepay for cannabis purchases online. RemotePay seeks to bring consumers and merchants closer to a traditional retail experience.

Enhanced Online Prepayment Experience

RemotePay enables consumers to prepay their cannabis orders through participating dispensaries’ websites and apps. With a simple debit from their checking accounts via the Automated Clearing House (ACH) network, consumers can now enjoy the convenience of prepayment, streamlining the purchasing process and reducing wait times.

Seamless Prepaymens And Flexible Transactions

Dustin Eide, CEO of CanPay, the company’s commitment to bridging the gap between cannabis and traditional retail. “When we launched eight years ago, our goal was to bring the cannabis industry as close to traditional retail as possible. Prepayment is yet another huge step in that direction.”

“Somewhere between thirty and seventy percent of cannabis sales made online are modified post-sale," he added, underscoring one of the key features of RemotePay: flexibility in transaction management. Merchants retain control over the settlement process, allowing them to modify transaction amounts as needed. This flexibility addresses the complexities inherent in the cannabis industry, such as local taxes, discounts, and product changes, ensuring accurate accounting and customer satisfaction.

Positive Reception From Industry Leaders

Integration with platforms like DispenseFirst, I Heart Jane, and STRAIN further enhances accessibility, providing consumers with a streamlined and hassle-free purchasing experience.

FLUENT, a prominent medical cannabis producer and dispensary, has embraced RemotePay through its integration with I Heart Jane, an e-commerce solution for dispensaries developed by Jane Technologies.

Vic Bindi, chief revenue officer at FLUENT, highlighted the benefits of RemotePay for their patients. “CanPay’s RemotePay option is exactly what FLUENT needed to help empower our patients with a simple, secure, and easy way to prepay their online orders,” said Bindi.

With over 1,100 participating dispensaries across more than 30 states, CanPay is set to pave the way for a more seamless and consumer-friendly cannabis shopping experience.

Image courtesy of CanPay.

The Benzinga Cannabis Capital Conference is returning to Florida in a new venue in Hollywood on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn, and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars — this conference is the go-to event of the year for the cannabis world. Get your tickets now on bzcannabis.com – Prices will increase very soon!

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisACHCanPayDispenseFirstDustin EideFluentI Heart JaneRemotePayStrainVic Bindi
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.