CannaTrac, a provider of a cashless payment solution for cannabis dispensaries and retailers, has announced the launch of an API that allows third-parties to integrate with its offering. The company says that the API will make it easier for third parties to add support for its CannaCard.
Exchanging currency for items or services is such an old time tradition and yet there are so many ways it can be done. I’ve just taken a stroll through the payment systems neighborhood and I’ve felt inspiration from the innovators FaceCash & Dwolla, pride in my home state operator PowerPay, and murky suspicion toward JunglePay.
Taking advantage of APIs is a quick and inexpensive technique for a business so long as those APIs are available and remain constant. Changes happen to APIs all the time and this is the story of Stitch, a company that found a way to succeed, despite the uncertainties inherent to the API economy.