Tips On Cash Management for Cannabis Dispensaries Imagine a new cannabis dispensary that very quickly experiences skyrocketing sales. With such success comes a new challenge: managing an overwhelming volume of cash. The staff spends hours daily counting, sorting, and securing cash, which increasingly takes the dispensary owner’s eyes away from the primary focus—serving customers and … Read more
Cash Recyclers for Cannabis Dispensaries The cannabis industry is rife with opportunity, and a cannabis dispensary is a great business idea, but it is not without its challenges. Once dispensary owners sort out the particulars around supply, equipment, personnel, and other details to get a dispensary up and running, there is still the matter of … Read more
Technology is ever-changing, bringing new advancements in ATMs, ITMs, payment systems, and fintech seemingly every time we turn around. Technological growth often makes our lives more convenient, but it also presents us with challenges in the form of nearly constant security threats. Vulnerabilities arise as technology changes, and so technology evolves again in response. We … Read more
ATM jackpotting isn’t new. Back in 2010, a security researcher named Barnaby Jack took to the stage at a Black Hat security conference to demonstrate this ATM exploitation, making two ATMs dispense fake paper currency. It would be 8 years later when the first ATM jackpotting attack would occur in the United States. Now, this … Read more
Since PayPal launched in 1999, we have seen a dramatic transformation of the payment landscape. Digital payment technology has continued to advance with Bitcoin, mobile wallets, and pay-by-app options. Digital payments are being adopted everywhere, from your local grocery store to the corner coffee shop. As of 2019, global digital payment volume reached a staggering … Read more
The cannabis market has seen tremendous growth over the last several years. Medical marijuana is now legal in 36 states, with 18 legalizing recreational use. Cannabis sales in the United States is projected to reach $92 billion by the end of 2021. This is an increase of more than 30% over the past year. Experts … Read more
In today’s world, it is essential for businesses to offer their customers the ability to pay by credit card. But unfortunately, credit card processing comes with fees. For every sale made, Visa, MasterCard, and other credit card platforms take their cut. And these fees are increasing. In the past 10 years, fees collected by Visa … Read more
