CannaTrac® and NEXGO Debut Integration in Handheld Point-of-Sale at TRANSACT


CHICAGO, IL, April 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- CannaTrac® (“the Company”), the leading cashless payment solution for the cannabis industry, and NEXGO announced the integration of the CannaCard® platform with the NEXGO N5 Mobile Point-of-Sale (POS) terminal. This handheld, called the All-in-One (AIO) POS system, will make its debut at the TRANSACT Conference in Las Vegas from April 30 to May 2, 2019.

With the AIO POS system, retailers can now use the CannaCard® cashless payment platform for mobile deliveries to provide consumers with added convenience. Additionally, retailers can now adopt CannaCard® more easily by using the Company’s AIO POS system pre-installed with the CannaCard® payment software.

“We are excited to announce this next step for CannaTrac®. The addition of a mobile POS system creates a new market for the CannaCard® payment system by allowing us to expand our cashless payment solution into mobile deliveries,” said Tom Gavin IV, Vice Chairman and CEO of CannaTrac®. “The All-in-One POS system will make it easier for retailers to join the CannaCard® platform, bringing safety and convenience to the cannabis industry.”

CannaTrac® developed the CannaCard® and CannaCardApp™ to serve as the cannabis industry’s leading cashless payment solution. By using the CannaCard® platform, retailers can remove cash from their businesses and increase safety throughout the cannabis industry.

The platform provides consumers with convenience by allowing users to easily upload funds through the app or reloadable physical card with their checking account, debit card, and/or cash in person at partnered dispensaries or retail locations.

The four-day TRANSACT Conference will take place at the Mandalay Bay Hotel and is expecting more than 4,000 attendees. CannaTrac® will be exhibiting the AIO POS system alongside NEXGO at booth #3318.

“We are excited to announce our relationship with CannaTrac®,” said Rob Wiltse, Vice President of Programs at NEXGO USA.  “With the integrated CannaCard® All-in-One POS platform, NEXGO is able to provide this much needed solution to its partners in the payments industry.”

CannaTrac® and NEXGO worked together diligently to integrate the Company’s cannabis application suite into the NEXGO N5 Android-based Mobile POS terminal platform. With the addition of the CannaCard® cannabis solution suite, NEXGO is able to offer this powerful mobile payment and delivery tracking solution to the high growth cannabis sector.

The CannaCard® app can be downloaded for free from Google Play and Apple Store. To learn more about CannaTrac®, how to integrate with the Company’s cashless payment software or register as a merchant, please visit https://www.cannatrac.com/.

ABOUT CANNATRAC®

CannaTrac® offers a cashless payment solution for the cannabis industry. With the CannaCard® or our CannaCardApp™, both consumers and retailers benefit from the ease and safety of cashless payments.

About NEXGO Inc.

NEXGO Inc. offers a one-stop payment terminal solutions with hardware and wireless communication services that enable businesses worldwide to perform payment transactions confidently, securely, and efficiently. NEXGO has operations worldwide and is a leading manufacturer of mobile payment devices. For more information, please visit: www.nexgo.us.


            

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