Tuesday, November 16, 2021
Monday, November 15, 2021
Friday, November 5, 2021
Wayne-based Valley National Bank, a subsidiary of Valley National Bancorp, is creating a new digital payment platform designed specifically for cannabis-related businesses.
Valley Pay, Valley’s new digital payment solution, will migrate cash usage to a secure, web application, easing the burden on cannabis operators who are reliant on cash transactions today. The cannabis industry remains heavily reliant on cash transactions to conduct business as major debit and credit cards are not accepted.
The application will allow cannabis-related businesses to provide their customers access to a compliant, secure and streamlined mobile wallet payment system.
“This new digital payment platform is the first of its kind servicing the critical payment needs of cannabis-related businesses,” says Stuart Cook, Valley’s chief digital product officer. “We see the reliance on cash and existing payments options as a big problem and have set out to help create a solution for our customers that is convenient and safe.”
Valley is one of the largest national banks serving multi-state cannabis-related business operators. Our dedicated team of banking professionals, including onboarding and treasury management specialists, are focused on serving the needs of cannabis-related businesses. Valley’s cannabis related business banking program is designed around the guiding principle of generating value for our customers when it comes to compliance, convenience, and cost.
The new payment platform is expected to launch with a pilot program in the coming months.
Wednesday, November 3, 2021
So, I've been doing some brainstorming and decided that we will call our mobile wallet Cannacoin Pay Mobile and our cash register will be called Cannacoin Pay POS. The cash register will accept the tickets from the Cannacoin kiosks for payment of goods in the store and the mobile wallet will be able to scan the tickets to absorb the change left over for transfer to a staking wallet. We may be able to figure out how to stake within the mobile wallet. We'll see.
Here is the download link for the Cannacoin wallet for windows... Click here to download Cannacoin Wallet for Windows.
While cannabis is widely accepted worldwide by most adults, there are still a lot of concerns about incorporating cannabis into our current ...
cannacoin was deployed on march 28, 2014 with proudly no ICO and 0.00% pre-mine under a fair distribution strategy. cannacoin is cryptocurre...