POSaBIT is a Seattle-based financial services company incorporated in 2015.[1] The business created a point-of-sale arrangement for purchasers of legal cannabis in Washington based on conversion of US dollars from a customer's debit card swipe using cryptocurrency.[2][3][4] Since going to market, POSaBIT has introduced a mobile payments solution and a fully integrated and compliant point-of-sale system.[5] In April 2019, POSaBIT went public and began trading on the Canadian Securities Exchange (CSE) under the ticker "PBIT".[6]
References
edit- ^ https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=328775357
- ^ "Ganjapreneurs look to Bitcoin as big banks reject their money", The Cannabist, The Denver Post, June 19, 2017
- ^ Jennifer Kaplan (June 13, 2017), Bitcoin is helping the U.S. pot business get over its banking problem, Bloomberg News – via The Globe and Mail (Toronto)
- ^ Chris Moore (June 20, 2017), "Lack of Legal Banking Options Pushing Canna-Businesses Towards Bitcoin", Merry Jane
- ^ "Good news for card-carrying potheads: Seattle startup raising funds so you don't have to use cash". GeekWire. 2019-08-05. Retrieved 2019-08-14.
- ^ "POSaBIT Begins Trading on the Canadian Securities Exchange". www.businesswire.com. 2019-04-08. Retrieved 2019-08-14.
External links
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Category:2015 establishments in Washington (state) Category:American companies established in 2015 Category:Bitcoin companies Category:Companies based in Seattle Category:Point of sale companies