Onfleet has teamed with Aeropay, a digital payments provider for the cannabis industry.
The partnership, announced Monday (April 3), will see Aeropay integrate its payments platform with Onfleet’s last-mile delivery management software platform to help streamline the delivery and payment process.
“As consumers shift from shopping at storefronts to buying cannabis products online, Aeropay enables cannabis businesses to offer an appealing compliant and cashless digital payment method for customers,” the companies said in a news release.
The companies note that cannabis delivery providers need to adhere to a number of state and local regulations for document compliance, which can be tough for businesses that are managing a fleet of delivery drivers.
With Onfleet, those companies get a platform that lets them manage drivers, plan routes and carry out deliveries, while making sure couriers comply with local regulations.
“By using Onfleet and Aeropay, dispensaries can automate their payment and delivery workflow using the most advanced technologies in last mile delivery,” said Chris Garrison, Onfleet’s director of enterprise sales and strategic partnerships.
“Part of our integration and partnership strategy is to help streamline operations for our customers, attract new customers through our partnerships and make our solution more useful for people every day.”
As PYMNTS wrote earlier this year, a number of FinTechs have been trying to tap into the growth potential of the cannabis industry in the states in which marijuana has been legalized.
For example, in November, cannabis sales platform POSaBIT joined forces with Onfleet to create more efficiency for its cannabis industry customers.
As more places lift bans on marijuana, “businesses will need to ensure their infrastructure and processes (i.e., payments) are prepared to efficiently handle consumer demand and successfully scale,” POSaBit said when announcing the collaboration.
Also last fall, enterprise commerce technology platform Treez concluded its purchase of payment solutions platform Swifter, adding its roster of retail cannabis clients to that of Treez.
And in August, Aeropay announced a collaboration with Dispense to help cannabis dispensaries offer cashless payment at checkout. This partnership meshed Aeropay’s cannabis industry payment platform with Dispense’s cannabis eCommerce and dispensary management software.
Aeropay has also worked with delivery service Flyhi to bring contactless, cashless cannabis delivery payments to consumers and businesses in Denver.
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