POSaBIT Systems Corporation is a financial technology (FinTech) company, working primarily within the cannabis industry. The Company provides a point-of-sale solution and is a cashless payment provider for cannabis retailers. The Company offers integrated online ordering, customer profiles, purchase history, custom discounts, and detailed sales reports to optimize cannabis retail operations. The compliant payment solution provides a normalized purchasing experience. Its point-of-sale solutions include POSaBIT POS, POSaBIT Menus, Pocket POS and Integrations. Its payment solutions include POSaBIT Pay, POSaBIT One, Integrations and POSaBIT Payments. POSaBIT Pay is an ACH-based payment solution that enables its customers to make cash-free payments using funds directly from their bank accounts, both online and in-store, similar to digital wallets in the United States. POSaBIT One handheld is an all-in-one mobile payments solution for in-store, online, or on-the-go transactions.