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How can PayRio enable weed credit card purchases?

PayRio

PayRio CEO Aubrey Amatelli (Photo provided by PayRio)

By Alex Halperin
05/19/2023 12:52 AM GMT-0700
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According to its web site, San Jose-based PayRio enables cannabis retailers to accept credit card payments.

This is a is a dream come true for dispensaries. Customers would appreciate the convenience and would probably spend more as well. However, the major credit card providers have been clear that they won’t work with a federally illegal product.

So how can PayRio enable credit card transactions? Tyler Beuerlein, Chief Strategic Business Development Officer at Safe Harbor Financial, which banks the . . .

Log in or become a WeedWeek Member to read this article.

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Filed Under:
Dutchie, Regulation & Compliance

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