COLUMBUS, OHIO, UNITED STATES, Oct. 11, 2021 / – Monarch Technologies, in partnership with Canna Group LLC, has announced the launch of its Helox contactless, cashless payment platform for the cannabis industry.

Monarch Technologies announced today that it has partnered with industry leader and pioneer Sami Spiezio, Founder / President of Canna Group, LLC, to bring Helox to market as a payment alternative that will help companies transition from one cash-based system to one more more sophisticated. The partnership will provide bespoke banking and payment processing services to the CBD and cannabis business owners.

Many believe that the process of transacting payments through Helox is exceptionally hassle-free and hassle-free. All that is required is a one-time registration at the participating Helox pharmacy at no additional cost. After registration is successful, top up the phone with money and use the credit to complete purchases. Experts say this system is a mutual benefit. On the one hand for the budget tender, as the payment request is completed within seconds after it has been sent, absolutely securely and in accordance with the rules. On the other hand, it is quick and easy for the customer, as there are no queues at the ATM or even an additional fee.

When asked, Christian Fea, CEO of Monarch Technologies, said that after years of industry research, Helox was built out of customer frustration and misunderstandings about how to deal with compliance, taxation and payments in the cannabis industry. ”He added:“ After analyzing and diagnosing the banking industry and – practices, we have recognized the need to solve these problems with a compliance-controlled SaaS platform. “

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The Canna Group is a leader in online payments and has been helping merchants improve sales and customer satisfaction since 1992. They provide domestic payment processing solutions for the most difficult merchants to place and are highly valued for this. They are a full service distributor processor ISO provider and do everything they can to stay ahead of their competitors including the most aggressive pricing, service and support, and customer experience in the industry. Your dealers are your number one priority. The high-risk merchant accounts are the focus and are treated with the utmost respect and care.

Monarch Technologies, Inc. is a fully licensed money transfer service provider and third party payment processor. Currently working as a fintech service provider for the legitimate cannabis / HEMP / CBD industry. Monarch Technologies customers include financial institutions, corporations, government compliance agencies, and consumers. The intent to develop Monarch Technologies was to reduce the risks associated with cannabis business owners as well as financial institutions to ensure compliance, payment and taxation by farmers, breeders, supply chains, distribution, wholesale and manufacturing, to be involved and to be provided continuously. , and pharmacy owners.

Sami Spiezio
Canna Group LLC
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October 11, 2021 at 7:52 pm GMT

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