RATE Group | Cred Merchant Solutions to Help Unbanked Business Sectors
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Cred Merchant Solutions to Help Unbanked Business Sectors

Cred Merchant Solutions to Help Unbanked Business Sectors

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Cred Merchant Solutions to Help Unbanked Business Sectors

Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from customers and pay taxes.

Also Read: Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say

Cred Merchant Solutions Debut

The Universal Protocol Alliance (UPA) and Cred have held a private event at the Ohana Cannabis Dispensary in Emeryville, California, on Wednesday, October 30 to celebrate San Francisco Blockchain Week.

Dan Schatt, Cred CEO and co-founder, unveiled during the event the new Cred Merchant Solutions, a point-of-sale handheld terminal that supports the unbanked, underbanked and poorly banked around the world. The Android-based terminal will be deployed to businesses at cost and help them quickly pay taxes, dramatically lower…

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