The old adage of a new frontier is ever present. Cannabis Payment solutions for marijuana businesses, online and retail, are not exactly straightforward. So much must be measured with an acute understanding of the regulatory and legislative protocol. BloomKit is on the job so you can focus on building your business.
Cannabis Payment – Canada
Canada is at the global frontier of being the first nation to legalized marijuana for recreational use. The Canadian government is rolling out a nationwide plan that outlines sales and distribution across the country. Currently, there are hundreds of dispensaries operating from coast to coast. Some fully licensed and some are operating in a grey area with the anticipation that they will be running their businesses in the clear once full legislation moves forth. There are some cannabis payment solutions being used at the moment within Canada for the sale cannabis. However, these payment solutions lack the completeness of traditional bank processing. BloomKit has a complete and fully integrated payment solution native to the entire platform.
Cannabis Payment – Solutions
The dire need for Cannabis payment solutions in California is growing. With more and more growers, dispensaries and ansillary cannabis businesses sprouting up so does the need to accomodate sound transactions for the industry. The biggest challenge is the barren banking options that is a result of banks regulated by the federal government and their inability to lawfully provide cannabis payment solutions or even open bank accounts at all.
Cannabis Payment – Solutions
You have customers that prefer face to face when purchasing. BloomKit’s POS system not only enables sales transaction with tracking, but also gives you a glimpse in to your businesses customer history, preferences and personal information.
The future of online payments has been transformed with more companies accepting blockchain is part of their payment model. BloomKit’s payment solution encompases a wallet that accepts cryto-currencies such as Bitcoin and Monero.
Although there are many who fast adopting new payment methods, traditional currency and fiat still dominate the world of transactions off and online. Bloomkit payment gateway accepts credit cards seemlesly with it’s integrated wallet.
Medical marijuana and it’s inherit legal provisions can be complex. BloomKit has regional preferences that can be customized to work for any provision. Cannabis payment solutions for medical marijuana emcompases associated input modules to account for info such as health insurance coverage.
