CHICAGO, IL, Oct. 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CannaTrac® Technology, Inc. (“CannaTrac®” or “the Company”), the leading cashless payments solution for the cannabis industry, today announced that Converge IoT, Inc. (“Converge IoT”) will exhibit the Company’s cashless payment system, CannaCard®, at the Retail & Dispensary (RAD) Expo October 23rd and 24th at the Oregon Convention Center in Portland, Oregon, Booth #913.
CannaCard® optimizes the point-of-sale experience for vendors and consumers and will be the main focus of Converge IoT’s showcase to highlight connected solutions for business continuity, inventory management, and transaction processing.
“We are excited for this great opportunity to work with Converge IoT to put our cashless payment platform solution in front of cannabis retail and dispensary operators and consumers at the RAD Expo,” said Terrence Patton, Founder and President of CannaTrac®. “CannaTrac looks forward to building a long-standing relationship with Converge IoT as we continue to expand the reach of the CannaCard cashless payment platform.”
The CannaCard® platform offers loyalty and rewards programs coupled with transparent financial processing to facilitate payments via the CannaCard App™ or a physical, reloadable CannaCard® to offer cannabis consumers and operators a streamlined and solution-oriented cashless payment platform.
Additionally, the CannaCard® cashless payment platform runs natively on NEXGO’s N5 Mobile Point-of-Sale (POS) terminal, allowing retailers to easily accept CannaCard® transactions at fixed locations and during deliveries with a convenient card reader that connects to WiFi and cellular networks.
“In combining our experience with LTE networking solutions and CannaTrac’s innovative payment platform, the industry can take a much needed step away from cash transactions without sacrificing reliability or security,” said Mark Savage, President of Converge IoT. “Convenience goes a long way.”
Stop by booth #913 for more information on how to apply for CannaCard® cashless payment solution to increase safety and consumer convenience or learn how to begin using the CannaCard® for payments today.
ABOUT CANNATRAC®
CannaTrac® is dedicated to bringing safety to the cannabis industry by serving as the industry’s leading cashless payment solution. CannaTrac® created the CannaCard® and the CannaCard App™ to provide consumers and retailers with a convenient way to benefit from increased safety and convenience through cashless purchases within the legal cannabis industry. Shop. Pay. Earn Rewards™ with the CannaCard®. To learn more about CannaCard® or register as a merchant, please visit https://cannatrac.com/
ABOUT CONVERGE IOT
Converge IoT specializes in LTE solutions for business applications. Offering hardware and connectivity bundles for applications ranging from healthcare to retail/point of sale, Converge IoT streamlines cellular networking initiatives for both end users and solution providers. Partners interested in selling wireless data, airtime or IoT connectivity can enroll in Converge IoT’s agent/reseller program for access into its comprehensive portfolio of wireless hardware and services. For more information about Converge IoT, please visit https://convergeiot.com/
Media Contact
Caitlin Franscell, CMW Media
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