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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs

PYMNTS

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Credit card statements will show that a purchase was made at the “Midgrun Eats LLC food truck, not at the Blüm Marijuana Dispensary ,” the Reno Gazette-Journal reports. .

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Legal Cannabis Retail Innovates Its Way Around Payments Knot

PYMNTS

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. Big Retail.

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POSaBIT Rolls Out Mobile POS For Cannabis Merchants

PYMNTS

Our fully compliant solution allows businesses to feature a state-of-the-art retail customer experience for both in-store and delivery, while also providing in-depth business analytics and increased revenues for businesses.”. billion by 2020 — the industry is largely cash-based.

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Enabling Digital Commerce At Sporting Venues With Mobile Ticketing

PYMNTS

for instance, nearly half of all Visa transactions at physical points of sale happen via contactless card tap. Asia Pacific lags behind the worldwide average somewhat, with one-third of all in-person transactions happening via contactless card. In May, New Jersey surpassed Nevada for the first time. Excluding the U.S.,

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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. It will never regain its IPO value and it trades at one-third the market cap of LendingTree.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

Electronic gift card platform. HQ: Las Vegas, Nevada. Tags: Prepaid, gift card, non-profits, mobile. Source: Finovate. Loop Commerce. HQ: Palo Alto, California. Latest round: $16 million Series B. Total raised: $29.2 Source: FT Partners. Online auto insurance comparison site. HQ: Mumbai, India. HQ: London, UK. Total raised: $3.4

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Grocery Tracker: 7-Eleven Eyes 10K U.S. Stores

PYMNTS

This past week, the big box retailer’s shares got a boost upon the bell on Thursday morning, with prices up early—3 percent in the first hour of trading—to $171.45. International food retail group Ahold Delhaize (AD), meanwhile, continues its downward trajectory first seen at the end of February. percent to $29.73. and Canada.

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