Cashless payments
Cashless payments are becoming increasingly popular among cannabis consumers. There are many reasons for this including convenience, security, and privacy. Many dispensaries have started accepting cashless payments due to the fact that they do not want to deal with handling large amounts of cash. Also, some people may prefer to avoid carrying around large sums of money. In addition, some states have passed laws that require businesses to accept only cashless transactions.
Credit card
Credit card companies have been known to charge high fees for using their services. However, credit cards are still widely accepted at marijuana shops. Most dispensaries offer discounts if you pay with a credit card. If you don’t mind paying higher fees, then you can use a debit card instead.
Debit cards
Debit cards are much cheaper than credit cards. You can use them anywhere that accepts debit cards. When you make purchases with a debit card, you are charged directly from your bank account.
Bitcoin as cashless pay
Bitcoin is a digital currency that was created back in 2009. It works similarly to traditional currencies, except that bitcoins aren’t backed by any government or central bank. Instead, each bitcoin is generated through a complex algorithm that requires extensive computing power. Bitcoins can be transferred electronically without going through a financial institution. Learn more on bitcoin certification.
Prepaid cards
Prepaid cards are similar to debit cards, except that you load money onto them before you use them. These cards are often linked to prepaid phone plans.
Litecoin as cashless payment
Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone anywhere in the world. It employs open-source technologies to ensure security and stability.
The post Technology makes you go cashless! appeared first on Technology Moon.