The Benefits of Using Hypur for Cannabis Payments

Hypur makes cannabis payments secure, reliable, and convenient. We spend so much time highlighting just how easy it is to use that you might not be aware of all the other benefits. Continue reading to find out more about Hypur’s myriad benefits.

Make More Money

Every business wants to make more money. Hypur increases your profits in three main ways.

  1. Individual ticket amounts go up when customers use Hypur. The average transaction increases by 18-20%, with tickets averaging over $90 depending on the market.
  2. Customers can check out faster with Hypur. As a result, your staff can help more people per hour, reducing wait times for customers in line.
  3. Reducing your cost of cash. Many retailers don’t realize that cash handling increases cost by over 15%, mainly due to labor. By reducing cash handling in your business, Hypur frees up your managers to spend more time on business objectives and improving customer experiences.

Hypur can also help you run a promotion. Partners who ran promotions with us saw 40% increases in revenue, helping you make even more money.

Want to run a promotion and earn more this month?

Security You Can Trust

We take security seriously. Not only does Hypur adhere to the rigorous PCI DSS compliance requirements, but we also strive to go above and beyond to keep your data safe. We do this by treating all Personal Identifying Information (PII) the same way that we do payment card data. Whether we are transmitting or storing your name, date of birth, or other PII, we use the same bank-level security.

Our stringent security protocols require 256-bit or greater end-to-end encryption technology. Whenever you log in to Hypur, we require a TLS 1.2 or higher connection and only permit HTTPS connections. We also utilize infrastructure that spans multiple physical locations, all with N+1 or greater redundancy and live migration capabilities.

Best Referral Program

Use the Hypur refer-a-friend program and both you and the person you refer will get $20 in your bank accounts. This consumer referral program is straightforward and limitless, making it ideal for influencers, budtenders, or regular consumers to make more money by spreading the word about Hypur.

Additionally, after listening to popular demand from our valued partners, we added a merchant referral program. This lets our partners earn extra money by referring other brands, merchants, or ancillary service providers to our platform.

Want to refer a business to Hypur and earn extra money?

Reduce Your Chargebacks

Chargebacks can range from costly to ruinous. Hypur helps businesses avoid chargebacks and their repercussions by using direct, account-to-account transfers. Consumers need to use their Personal Access Code (PAC), so these transactions are personally authorized.

Because Hypur takes compliance seriously and is fully transparent with our financial institution partners, Hypur transactions are clear on a consumer’s statement. This makes charges less confusing for your customers and reduces the likelihood that their bank or credit union will authorize a chargeback without a valid reason.

We Integrate with Top Cannabis Software Brands

Hypur integrates with a variety of software solutions. Providing a seamless flow of information, these integrations eliminate the need to enter data in multiple platforms, streamlining your business.

For example, our integration with MJ Platform makes life easier for your budtenders and accounting team, offering electronic payments directly from your point-of-sale platform. Our integration with WAYV helps to streamline your supply chain, digitizing and normalizing what would otherwise be a chaotic process.

Plus, Hypur Is Very Easy to Use

Best of all, Hypur is fast and easy to use. It’s a simple platform that makes for an improved experience for both merchants and consumers. See just how convenient it is:

Need fast, secure electronic payments that also boost your profits?