Federal cannabis prohibition laws make it illegal for cannabis companies to process sales with credit cards. To protect themselves credit card processing companies often charge higher rates and hold reserves. Zodaka is a cannabis technology company that provides an alternative to credit cards for cannabis transactions. Jordan Friedman and David Erhlich talk about how their solution, which they dub PayPal for every transaction PayPal will not touch, is solving this problem. Produce by PodCONX https://podconx.com/guests/jordan-friedman https://podconx.com/guests/david-erhlich
Federal cannabis prohibition laws make it illegal for cannabis companies to process sales with credit cards. To protect themselves credit card processing companies often charge higher rates and hold reserves. Zodaka is a cannabis technology company that provides an alternative to credit cards for cannabis transactions. Jordan Friedman and David Erhlich talk about how their solution, which they dub PayPal for every transaction PayPal will not touch, is solving this problem.