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Blockchain Transaction Record

The Nation’s Largest Cannabis PIN Debit Processor Goes Down, as Card Brands Move Toward Terminating All PIN Debit Processors

This disruption hints at a larger impending fallout affecting the entire nation's cannabis dispensaries' PIN debit processing by year-end. Despite these challenges, Allegiance Service emphasizes alternative payment solutions, such as ATMs, ACH, and certain credit card systems, which remain viable and user-friendly for dispensaries.

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Key Takeaways (TLDR)

  • Dutchie, a major cannabis point of sale company, lost PIN debit processing, affecting over 900 dispensaries.
  • All cannabis PIN debit payment processors are expected to be impacted by the end of the year.
  • Dispensaries still have alternative payment options such as ATMs, ACH, and compliant credit card solutions.
Transaction ID0xadefebaff49faede5010392cb3e752a74b2136deed45a93c3d8932cd1a75bb5c
Contract Address0xbCeAa38040FA0E95F0bB1A55135a41190630b17D
NWAI Digital Fingerprint652-7c9f5d6186527f0d9e3317ca9fd11b50
Registration Timestamp2023-09-07T18:40:09+00:00

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