Chicago and Denver--Aeropay, a digital payments provider for the cannabis industry, and Flyhi, an on-demand home delivery service for recreational cannabis, announced in a press release a partnership bringing contactless, cashless cannabis delivery payments to businesses and consumers in Denver, CO.
[Images via AeroPay/MATTIO Communications]
Per the release, the partnership includes integrating Aeropay's digital and compliant payment solutions into Flyhi's on-demand home delivery service.
Through this integration, customers using Flyhi can pre-pay for products online at checkout for home delivery orders. Payments will be facilitated through secure bank-to-bank transfers, and customers ordering through Flyhi now have the option to pay with Aeropay at checkout.
Flyhi works with an exclusive line of dispensaries and top cannabis brands, including O.Pen, Wyld, Dixie, Tical, 1906, PAX, Mary's, Escape Artists, and Veritas.
"We're proud to announce this partnership with Aeropay and introduce a cashless payment option for home deliveries with Flyhi," said Ashley Chubin, Chief Operating Officer at Flyhi, in the press release. "Together, we made it simple for our customers; through this new integration, you can now choose a digital payment at checkout and avoid the inconvenience of cash-only orders."
For business owners, taking traditional card payments isn't possible while cannabis remains illegal at the federal level, and most major banks have stayed away from working with the cannabis industry. Businesses and customers are forced to make predominantly cash transactions, but sales trends show that 51% of customers prefer to make contactless, secure payments for goods and services. Aeropay's compliant digital payments offer a safe, simple, and streamlined way for customers to pay for premium cannabis delivery service.
"Our vision has always been to facilitate better payment options for consumers and businesses," Daniel Muller, CEO and Founder of Aeropay said in the release. "Reliance on cash payments is a major burden for most cannabis businesses, and we're proud to partner with Flyhi to create a cashless cannabis delivery experience that is safe, compliant, and cashless. Flyhi is a premier delivery company in the Denver & Aurora area, and our partnership adds another first-class cashless delivery service to the growing Colorado delivery market. We aim to provide cannabis businesses with digital payment solutions that allow them to operate in the same manner seen in other leading industries."
While this integration focuses on improving the delivery and consumer experience, Aeropay and Flyhi also provide B2B solutions for the cannabis industry. The companies have plans to streamline the cannabis experience in other parts of the supply chain while lowering the volume of cash and enabling more digital payments.