The recent rush towards cannabis legalization in many states has been a blessing. The industry employs 120,000 people and continues to generate windfall profits. We’re talking $7.3 billion in cold-hard-cash from around 7,500 dispensaries as of 2019.
Cannabis is still illegal at the federal level. Leaving dispensaries to face some unique challenges. Like not being able to get insurance and only accepting cash payments.
These caveats leave many dispensaries vulnerable to crime. Enter TreezPay.
TreezPay is the first fully integrated cannabis payment software to hit the market. It combines Stronghold’s payment infrastructure with Treez’s cannabis retail software for a sublimely seamless customer experience.
Read on and we’ll tell you all about TreezPay, what the benefits are, and how to get started with it.
What Is TreezPay
Treez’s software is a one-stop-shop for all elements of the cannabis business. Literally, everyone uses it. From growers to retailers.
It helps retailers effortlessly track all aspects of their business, including compliance, inventory, analytics, employee and customer management, and order fulfillment.
Up until now, however, making digital payments to dispensaries was messy and practically nonexistent. Adding additional steps and opportunities for security breaches.
Stronghold provides financial technology infrastructure and payment capabilities to underserved industries, like the cannabis market. Stronghold then works to meet the unique needs of these industries, creating comprehensive solutions.
Treez and Stronghold United
With this collaboration between Treez and Stronghold, the ACH payment processing is done directly on the dispensaries’ website. No additional log-ins, consistent branding for the consumer, and peace of mind for all parties.
TreezPay launched in April of this year. Right in the midst of Covid-19 lockdowns and unprecedented challenges. It’s not an overstatement to say the launch happened at a critical time, allowing people easier access to vital medicines.
Since the initial launch, nearly 50% of all dispensaries have adopted it. Insiders expect the number of dispensaries that use Treez to continue to climb in the coming months. This collaboration between Treez and Stronghold may just be the most important union for the cannabis industry yet.
Benefits of TreezPay
In an ever-growing digital marketplace, having a seamless digital transaction is critical. Both to the customer and the business.
Many people have asked; how do you use Treez? Can you pay for weed online with Treez? And the answers are, quite easily and a resounding, yes!
TreezPay has streamlined the online purchasing process for those dispensaries using the software. Some of the best things about TreezPay include;
Stronghold is an industry leader in secure payment processing. All of your personal information is encrypted and stored securely with Stronghold. But the checkout process happens entirely on your dispensary’s website.
No more semi-sketchy cash ATM’s, or cash only purchases. Brilliant.
The threat of Covid-19 isn’t going away any time soon. TreezPay allows customers to enjoy contactless shopping and payment experiences.
You can get the medicines you need without having to risk safety at any point in the transaction. Minimal contact, secure check-out, and your favorite cannabis in your hands quickly.
Once you make your first purchase through the integrated platform, you can pay with one click from your device. Skip the lines and breeze on in. Pick-up your pre-paid goodies super-fast.
We all know that speed and convenience play a major role in how we spend our hard-earned cash. Until TreezPay hit the scene, cannabis dispensaries were at a disadvantage in this regard.
Other FAQ’s About TreezPay
TreezPay seems almost too good to be true, right? But there are no tricks here, only treats.
Are there any surprise fees with TreezPay?
Nope. You won’t pay any additional bank fees for TreezPay transactions. There is a flat $2.50 fee for each purchase. Sort of like the out-of-network ATM fee.
It’s really secure?
Really, really secure. Stronghold has an excellent track record. They handle payment processing for many industries and ranked #1 high-risk merchant service provider in 2018 and 2019.
So, does this mean you deliver?
Yes, it absolutely does! Place your order online, pre-pay with one click, sit back, and relax as you wait for your courier. We do have some order minimum requirements for delivery, you can see more here.
The new TreezPay software has been a game-changer for the cannabis industry. We are beyond excited to be part of the growing family of dispensaries that are using TreezPay. We think you will love the streamlined TreezPay experience too.
How to Get Started with TreezPay
Getting started with TreezPay is really easy.
You don’t need to download any apps, but you do need to have online banking set up with your institution. If that’s in place already, simply go to your favorite dispensaries website and let the shopping begin!
After you place an order through the online menu you will be asked to confirm that you will be using TreezPay. Then, you will receive a text message or email with a secure link to take you on to TreezPay.
From there, you will securely sign-in with your bank, linking it with a Stronghold account. Once you’ve created and logged in to your Stronghold account, you will simply confirm your order is correct, the totals are accurate and then click Pay.
After your first order, the dispensary will remember you and the checkout flow can be completed with one click. The whole process is so easy it’s almost ridiculous.
What Will You Buy With TreezPay?
And now we can do all that even better, thanks to TreezPay. Order online and have your goodies delivered right to your door. Or, order online and stop by for quick, pre-order pickup. Whatever your needs are, we are here to meet them.
If you have any questions about TreezPay or our product line please reach out. Our Budtenders are ready to provide you with excellent customer service every step of the way.