Dutchie Pay solves the biggest payment challenges facing both dispensaries and consumers, increasing average order value by 30%
BEND, Ore., July 20, 2022 /PRNewswire/ — Dutchie — the technology platform powering cannabis commerce — today announced the launch of Dutchie Pay, a fully-integrated digital payment solution that dispensaries and consumers can trust. Dutchie Pay is designed to reduce reliance on cash by providing dispensaries and consumers a convenient and secure way to pay. A closed-loop automatic clearing house (ACH) solution, Dutchie Pay allows consumers to purchase their favorite cannabis products online while automating compliance so that dispensaries can focus on growing their business.
“Cash creates too many safety risks and is inefficient. Our industry cannot meet its full potential without modern payment solutions available at scale,” said Dutchie Chief Product Officer and Co-Founder Zach Lipson. “Dutchie exists to create safe and easy access to cannabis. Dutchie Pay advances our mission by integrating a simple and secure product that makes cannabis purchases safer, easier, and more accessible for dispensaries and consumers alike.”
Approximately 90% of all dispensary transactions are handled in cash, creating inefficiencies with operations and added safety risks. Providing modern payment solutions is one of the biggest barriers remaining