Retail Merchants

The Only True Cashless System

 

Solutions and Benefits

CannaTrac Technology understands the desperate need for banking privileges to the state sanctioned, licensed medical and recreational cannabis industry.  Financial Institutions wish to service legally authorized retail merchant accounts, however accepting cash deposits puts those institutions at significant risk as the cash is neither traceable nor trackable.  Complete transparency is critical to establish long-term banking relations.  

Consumer confidentiality, convenience and overall experience is our top priority!   We created innovative, user-friendly applications to facilitate Financial Institutions and the Cannabis Industry working together. There are significant benefits to ALL Industry participants built within the CannaTrac system and the CannaCard™

Some of the features and benefits of the CannaTrac System include:

  • Pay tax revenue and fees immediately – Government entities receive the sales, excise tax and fees on a daily basis, no more suitcases and life threatening trips to the tax office with cash

  • Provide transparency and traceability that exceed Financial Institution requirements

  • Seamlessly integrates with ANY Point-of-Sale (POS) or Seed-to-Sale (S2S) system

  • Customers will have more purchasing power with the CannaCard

  • Increase retail sales by as much as twenty-percent (20%).  Studies show that consumers spend upwards of 20% more when paying with a prepaid loyalty rewards card (CannaCard) vs. cash

  • Generous Loyalty and Rewards program paid directly to the retail merchant 

  • Mobile App with our proprietary technology 

  • Customizable CannaCard with your business LOGO to spread Brand awareness

  • Cash can be conveniently loaded to CannaCard online, at participating retailers, ACH from bank accounts and employer direct deposit

  • Behavioral analysis and geo-location service to capture and retain market share  

  • Speed up staff transactions with complete accuracy,  eliminating cash within the business stopsall diversion potential by staff as well as transaction errors.

  • Bookkeeping just became much easier.  No more long hours with money counting machines

  • Reduces the threat of robbery and violent crime thus making a safer environment for employees, management, customers and the community.

 


For more information please call 844-CANNATRAC or email us at info@cannatrac.com

 


Possessing, using, distributing & selling marijuana are all federal crimes in the United States of America and the articles, pages, links, and other types of information on this site are not intended to assist you in violating federal law or proposing that you should do so. CannaTrac.com and TheCannaCard.com associated entities and individuals are not responsible for third party content and/or links published on our website or App.