Onboarding with Aeropay

Are you ready to start onboarding with Aeropay? With the biggest day in cannabis revenue just around the corner, it’s crucial to choose a compliant payments partner that is built to shorten wait times and streamline the prepayment pick up process. 

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A quick survey of the cannabis payments landscape will reveal that bank-to-bank ACH payments are the best and most convenient form of payment for dispensaries and customers in the cannabis industry. Cashless checkout is preferred by more than half of the customers seen in-store across all industries. No wonder cannabis eCommerce is on the rise and cannabis payment processors are becoming the preferred method for dispensary debit card processing.  

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Among cannabis payment processors, Aeropay is the most secure and reliable way to accept payments, helping customers and businesses move money seamlessly and safely. Top-line compliance is crucial to Aeropay’s mission, and the company adheres to regulatory transparency. 

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Onboarding before 4/20 is beneficial for dispensaries

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Does it make sense to only accept cash at checkout during the busiest time for recreational sales? Cannabis sales have been shown to double when customers forgo cash for cashless payment options. Dispensaries have seen up to a 25% increase in average spend per order after switching to offering ACH via Aeropay.  

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It’s also a good time to consider added layers of security. Aeropay is vigilant on security and protecting your data. By using multi-factor authentication, Aeropay makes your account even more secure. Thanks to sophisticated application programming interface (API), Aeropay securely connects customers to their banks and their payments to businesses.   

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Offer prepayment options and delivery benefits for 4/20

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In New York, all cannabis deliveries are required to be prepaid and cashless. So how does that work without banking regulations directed by the federal government? Sign-up for Aeropay and off compliant digital prepayment for cannabis deliveries. Aeropay provides compliant cash-free payment solutions through bank-to-bank transfers. For online delivery orders, customers simply select the Aeropay option at checkout, and link to their bank account. Accepting prepayment and cashless payments for cannabis delivery orders is the safest and easiest way to handle transactions.  

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Let customers skip the line with dedicated prepayment lanes and curbside pickup

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Prepayment lanes and curbside pickup are becoming increasingly popular methods of payment at dispensaries instead of cash payments at checkout. Convenience is a vital part of a successful retail transaction. With Aeropay’s digital payment solution, dispensaries can collect prepayments for buy online, pick up-instore and curbside pickup orders. Offering prepayment options for customers has been shown to boost sales, improve the in-store checkout process, and reduce shopping cart abandonment. 

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Budtenders are more likely to be tipped when customers pay digitally

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Allowing customers to tip with just the amount of cash they carry isn’t helpful to anyone. Cashless tipping options ensure that tipped employees can continue to maximize their tip earnings and access them promptly. They can also make it easier for employees to track and report their tip earnings for tax purposes accurately. On the employer side, introducing cashless tipping into your operations gives you a more seamless way to facilitate tipping across your team, building more transparency, trust, and employee loyalty.

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So how long does the onboarding process take?

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The team at Aeropay can help guide you through onboarding with four simple steps: 

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Step 1: Work with your Aeropay Rep

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Your Aeropay Account Executive will provide an Aeropay Merchant Agreement for your signature.

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Step 2: Account Creation and compliance

What you'll need for this step:

1. 1. Entity name and DBA
2. 2. Address
3. 3. EIN/TIN number
4. 4. Voided check or bank letter
5. 5. Beneficial owner(s)
6. 6. Licensing (if applicable)

Register in just ten minutes.

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Step 3: Aeropay Account Review

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The Aeropay Team will review the information you’ve submitted and notify you and/or your integrator when your account is approved and ready to transact. If your account requires additional verification, the Aeropay Team will reach out and share what information is required to move forward.

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Step 4: Completion

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Your Aeropay Client Success Manager will reach out to confirm that your account has been approved. This may take 1-2 business days.

It’s that easy.  

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Start onboarding with Aeropay

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Aeropay’s payment platform can easily be integrated right into your existing eCommerce cannabis checkout screen. Tracking your dispensary’s finances via the merchant portal makes everything simple, and with Aeropay’s eCommerce cannabis solutions, businesses can immediately track and maintain payments.

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Is your business ready to start using Aeropay? Begin the onboarding process and start using Aeropay in under 30 minutes.  

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