Description

POSaBIT is a Kirkland, WA-based financial technology corporation that offers blockchain-powered payment processing and POS system solutions, primarily targeting the cannabis industry. Their platform facilitates the conversion of cryptocurrencies like Bitcoin into fiat currency at the point of sale, catering to the needs of dispensaries and cannabis retailers by allowing them to accept digital assets without the risk of market volatility. POSaBIT's comprehensive suite includes point of sale systems, online ordering, compliance tools, and customer management solutions, all designed to comply with the specific regulatory demands of the cannabis sector. By leveraging blockchain technology, POSaBIT ensures secure and auditable transactions, addressing the banking challenges faced by cannabis businesses. Additionally, their system is MTL/MSB compliant, offering an innovative way for customers to acquire digital currency directly at the point of sale, which can be used for immediate or future purchases. Beyond the cannabis sector, POSaBIT extends its services to other high-risk industries and merchants, showcasing its DoubleBeam cloud-based POS system. This system is highlighted for i...

POSaBIT is a Kirkland, WA-based financial technology corporation that offers blockchain-powered payment processing and POS system solutions, primarily targeting the cannabis industry. Their platform facilitates the conversion of cryptocurrencies like Bitcoin into fiat currency at the point of sale, catering to the needs of dispensaries and cannabis retailers by allowing them to accept digital assets without the risk of market volatility. POSaBIT's comprehensive suite includes point of sale systems, online ordering, compliance tools, and customer management solutions, all designed to comply with the specific regulatory demands of the cannabis sector. By leveraging blockchain technology, POSaBIT ensures secure and auditable transactions, addressing the banking challenges faced by cannabis businesses. Additionally, their system is MTL/MSB compliant, offering an innovative way for customers to acquire digital currency directly at the point of sale, which can be used for immediate or future purchases. Beyond the cannabis sector, POSaBIT extends its services to other high-risk industries and merchants, showcasing its DoubleBeam cloud-based POS system. This system is highlighted for i...

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