Amercanex, the American Cannabis Exchange, will begin offering a digital e-wallet solution ACEpay to meet the financial needs of the cannabis and financial industries. This cashless solution offers users a pre-paid Visa or MasterCard that’s linked to their ACEpay account.
Card purchases are eligible for rewards at nationwide businesses and restaurants, which are chosen by each card user.
ACEpay also allows Amercanex members to deposit cash and pay their bills, payroll and taxes on time and in compliance with banking regulations. ACEpay funds are fully secured and insured, giving users peace of mind while conducting business.
This cashless system creates a situation where neither the dispensary nor the purchaser needs cash to conduct business, eliminating the security risks associated with a cash-only business.
This comprehensive financial compliance solution is currently used in 4,000 financial service installations across the country through VertePay.
Amercanex’s technology system ACE Marketplace and ACEpay e-commerce solution are redefining the cannabis industry, offering financial and commercial advantages this market has never been able to see before.
Amercanex is the cannabis industry’s first fully electronic marketplace. Our comprehensive suite of tools for cultivators, dispensaries, manufacturers, vendors and regulators helps create a neutral, transparent and non-manipulated arena for cannabis market participants and government regulators.
The ACE Marketplace offers greater control of the buy/sell process, enabling better pricing, full regulatory reporting and lower costs.
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