The Nation’s Largest Cannabis PIN Debit Processor Goes Down, as Card Brands Move Toward Terminating All PIN Debit Processors
Las Vegas, Nevada (Newsworthy.ai) Thursday Sep 7, 2023 @ 12:00 PM Pacific —As of Midnight on September 6, 2023, Dutchie, one of the largest cannabis point of sale (POS) companies, lost its PIN Debit processing, impacting over 900 dispensaries. In total over 2,500 dispensaries lost their ability to process PIN debit cards yesterday, with an estimated 5-6 thousand more dispensaries will potentially be impacted by the end of the year. This is the tipping point to a larger cascade that will result in the fallout of all PIN debit processing for dispensaries nationwide. “We expect to see a lot more shakeup