It’s Not Easy Being Green: Cannabis Payments
Payments are a problem across the board at dispensaries — not just in front end transactions. That is the most obvious problem. Dispensaries have “solved” this by putting ATMs in their locations insofar as customers have an easy way to gain access to the only payment method that is universally open to dispensaries: cash.
Deep-Dive: PayPal’s Cash To Digital Roadmap
Cash-to-digital is not new to PayPal, who began pushing that product last year to make it possible for cardless users to load cash into a PayPal account in a 7-Eleven, for example, and to begin spending online almost anywhere.
Why Technology Is Actually Helping Cash Thrive
While payments innovations may create buzz in the U.S. market, cash remains decidedly low-tech and top of the payments heap. According to PYMNTS research, cash usage in the U.S. has been on a stable course the past few years, hovering between 14 and 15 percent of GDP since 2003.
FULL REPORT: In The U.S. Cash Is Sticking Around
According to research revealed inside the new PYMNTS.com Global Cash Index™ United States Analysis, while there may be a recent onslaught of payment cards, digital wallets and contactless payments, nothing has come close to replacing cash in the U.S.