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POSaBIT Systems Corp C.PBIT

Alternate Symbol(s): POSAF

POSaBIT Systems Corporation is a financial technology company that delivers payment processing and point-of-sale (POS) systems for cash-only businesses. The Company specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution. Its POS system is specifically designed to suit the needs of cannabis retailers and eliminate the pain points of running store. It provides a complete payment solution for any and all cannabis retailers and dispensaries. Its online portal gives access to real-time reporting of store performance, customer demographics, and transaction data. POSaBIT PIN Debit is the payment solution for a coffee shop, a grocery store or other retailer. POSaBIT ACH allows customers to log in and store their banking information within its payment portal. POSaBIT POS and POSaBIT POS 2.0 are POS systems. Its wholly owned subsidiary is POSaBIT US, Inc.

CSE:PBIT - Post by User

POSaBIT Systems Corp > Bring Compliant Cannabis Banking & Payments to the Industry

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Post by Betteryear2on Nov 23, 2021 7:39am

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Post# 34155976

Bring Compliant Cannabis Banking & Payments to the Industry

November 23, 2021 07:25 AM Eastern Standard Time

SEATTLE--(BUSINESS WIRE)--Shield Compliance (www.shieldbanking.com) and POSaBIT (www.posabit.com) announced a strategic alliance to provide cannabis-related businesses (CRBs) and financial institutions a complete end-to-end view of compliance to ensure the transparency and traceability of transactions while also creating new revenue opportunities.

https://www.businesswire.com/news/home/20211123005309/en/