Transacting is getting harder.
Ensuring ease of transactions while minimising payments risk is more than just a business mandate today – it’s a matter of survival.
- Processing payments for cannabis firms is either high cost or too difficult.
- SDZ has competitive advantages to execute in a difficult industry.
Payments in the legal cannabis industry are difficult to execute.
- Online merchants pay ~6.5% for execution vs. ~2.5% industry average.
- Strict regulations require a fit for purpose payments solution.
- Banks and regulators are risk averse given inadequate KYC data.
SDZ has built its payment platform with the unique challenges of cannabis in mind.
Every time a financial transaction takes place or a product is exchanged, data is recorded.
DATA DRIVEN CREDIBILITY
Data can be shared with key third parties, such as banks, regulators or tax authorities.
The SDZ platform lowers risks for both customers and banking partners, lowering our costs.