Payment Solutions for the Cannabis Industry
WE EMPOWER CANNABIS RETAILERS WITH FINTECH SOLUTIONS TO BOOST PROFITS AND IMPROVE CUSTOMER EXPERIENCE.
Parraa is trusted by the largest and highest volume retail chains due to our consistency and quality of technology and support.
Parraa has the infrastructure in place to provide credit card processing once federally and nationally available based on existing relationships with TSYS and multiple sponsor banks
- Network operator and owner of the technology license
- Cloud-based multi redundant platform (10+ networks)
- Exact address on customer descriptor
- Less than 0.1% Chargebacks
Streamline In Store Experiences
BUY NOW PAY LATER
Customers instantly qualify for up to a $400 line of credit “Pay in 4” weekly financing option available at the POS.
Parraa takes on all of the collection risk.
- 1.Approved credit line consumer is ready for checkout/payment at dispensary or online
- 2.Consumer chooses to pay with BNPL credit line
- 3.A QR code is scanned via Parraa platform or BNPL credit line card is presented
- 4.Consumer’s pin is entered on the payment terminal
- 5.Consumer is prompted to choose 30, 60, or 90-day repayment terms
- 6. Merchant is paid
- 7. Parraa auto-debits consumer’s bank account at consumer’s chosen payment terms