Le Lézard
Classified in: Health, Science and technology, Business, Covid-19 virus
Subjects: PDT, MAT

Alt Thirty Six Eliminates Transaction Fees for Cannabis Deliveries


TEMPE, Ariz., March 17, 2020 /PRNewswire/ -- Ken Ramirez, CEO of Alt Thirty Six, a Tempe, AZ based digital payment and compliance platform designed to help the cannabis industry go cashless has released a formal statement to the cannabis industry regarding COVID-19 (Coronavirus). "In the wake of the growing public health crisis caused by the novel coronavirus (COVID-19), it's now more important than ever to take precautionary steps to limit the spread of contagion and reduce the risks of exposure to ourselves and our communities," said Ramirez.

Alt Thirty Six announced today that effective immediately, the company is temporarily waiving all transaction fees for delivery purchases for new and existing qualifying merchants until April 20, 2020. To better support merchants and customers during this period, Alt Thirty Six has increased internal resources to expedite the underwriting and approval process for merchants to begin accepting digital payments within 24 hours and handle all customer inquiries.

"We understand the financial impact on cannabis operators - like many other industries - will suffer losses in both customer and vendor demand. Alt Thirty Six is committed now more than ever to providing a cashless solution to cannabis merchants and consumers alike while doing our part to help mitigate some of the loss," said Ramirez. 

Pineapple Express, a delivery-focused cannabis dispensary based in Los Angeles, California began accepting Alt Thirty Six payments in November 2019. Since implementing they have increased sales, productivity, and overall customer satisfaction. "Alt Thirty Six has been the most convenient payment processor with very reasonable rates. With zero fees on deliveries during this unprecedented time, Pineapple Express will be able to pass the savings on to our customers and help more patients in need," said Josh Eisenberg, COO of Pineapple, Inc.

About Alt Thirty Six

Alt Thirty Six is the leading digital commerce infrastructure for legal cannabis businesses and customers by enabling simple and secure digital purchases. Alt Thirty Six provides proprietary technology, partnership platform, and banking relationships to the legal cannabis industry, helping merchants manage digital payments in-store, online and via delivery services to grow and run their business efficiently and stay compliant. Consumers pay for their products with one click digitally, take advantage of loyalty programs and custom promotions. Follow Alt Thirty Six on Web, Instagram, Twitter and LinkedIn for important updates and relevant industry news.

 

SOURCE Alt Thirty Six


These press releases may also interest you

25 avr 2024
Ankur Daga, CEO of Angara, a leading online DTC fine jewelry retail brand, has been named the winner of a Gold Stevie® Award in the Best Entrepreneur - Retail category in the 22nd Annual American Business Awards®. Ankur Daga Wins Gold...

25 avr 2024
The report titled "Identity Governance & Administration Market by Component (Services, Solution), Modules (Access Certification & Compliance Control, Access Management, Identity Lifecycle Management), Organization Size, Deployment, Vertical - Global...

25 avr 2024
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of QuidelOrtho Corporation between February 18, 2022 and April 1, 2024, both dates inclusive (the "Class Period") of the important June 11, 2024 lead...

25 avr 2024
Results  For the year ended January 31, 2024, the Company's revenues decreased by $139,027,000 to $578,945,000 compared to $717,972,000 recorded for the year ended January 31, 2023, a decrease of 19.4%. This decrease is mainly explained by the...

25 avr 2024
Lendistry announces today that it has been selected to administer the Entertainment Business Interruption Fund Program (BIF) to support small Los Angeles County businesses serving the entertainment industry. This program, created and funded through...

25 avr 2024
Rocky Mountain Liquor Inc. (the "Company" or "Rocky Mountain"), listed on the TSX Venture Exchange (the "Exchange"), today reported its financial results for the full year and fourth quarter ended December 31, 2023.KEY...



News published on and distributed by: