AeroPay
Chicago, IL, United StatesFounded 2017
About AeroPay
AeroPay provides compliant ACH-based digital payment solutions for cannabis dispensaries, enabling cashless transactions without relying on card networks that prohibit cannabis.
Key Facts
- 1Processes over $1 billion annually in compliant cannabis payments
- 2Partnered with over 50 financial institutions for cannabis banking compliance
Frequently Asked Questions
How does AeroPay work without credit cards?
AeroPay uses ACH bank-to-bank transfers initiated via QR code or app, bypassing Visa and Mastercard restrictions on cannabis transactions.
Is AeroPay compliant with FinCEN guidance?
Yes, AeroPay follows all FinCEN marijuana banking guidance including BSA reporting, suspicious activity monitoring, and enhanced due diligence requirements.
More Cannabis Companies in Chicago
Cannabis Laws
Products
- ACH Payment Platform
- In-Store QR Payment
- Online Checkout Integration
Specialties
Bank-compliant ACH cannabis paymentsCashless dispensary transactions
Company Details
- Location
- Chicago, IL, United States
- Founded
- 2017
- Publicly Traded
- No
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