dutchie announced the expansion of dutchie pay for instore purchases across the us this cashfree payment offering integrated into dutchie’s allinone platform gives consumers and dispensaries access to more convenient and compliant ways to pay reducing reliance on cash “the safety and business risks associated with an over reliance on cash are preventing the cannabis industry from reaching its full potential our industry deserves more convenient and modern payment options that are afforded to every other legal industry we are laser focused on helping to solve our customer’s most pressing challenges and the expansion of dutchie pay for instore purchases will help businesses drive more sales and earn happier customers” chris mcfall head of dutchie pay told benzinga dutchie’s cashless payment solution expansion comes as the industry faces the reality that cashless atm services now appear unsustainable with approximately 90 of cannabis transactions handled in cash access to modern payment solutions remains one of the biggest barriers to normalizing the cannabis shopping experience and is essential for the legal industry to compete with the illicit market cashfree payment solutions provide a frictionless checkout process for customers and help dispensaries maximize revenue with consumers typically spending about 25 percent more per order via cashless payment options versus cash launched in july 2022 dutchie pay is a fullyintegrated digital payment solution that gives dispensaries and consumers a convenient and secure oneclick payment option the closedloop automatic clearing house ach solution is now available for customers to use inperson at their favorite dispensaries with 64 percent of firsttime consumers returning to dutchie pay the solution allows consumers to quickly connect to their bank account and pay directly at checkout via ach bank transfer while automating compliance so that dispensaries can focus on growing their business with dutchie pay dispensaries can reduce abandoned pickup orders boost customer frequency by 49 percent and experience up to a 25 percent increase in average order values the most successful cannabis business event in the world the benzinga cannabis capital conference returns to miami for its 16th edition this is the place where deals get done where money is raised ma starts and companies meet investors and key partners join us at the fontainebleau miami beach hotel in florida on april 1112 don’t miss out secure your tickets now prices will surge very soon