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S Spotlightpotlight I Innovatorsnnovators

aybotic will sponsor the PBC Conference, Sept.
9-10, 2021, in Washington DC. The two-day
event will focus on payments, banking and
P compliance in the cannabis industry. Over 600
individuals, 150 organizations, and 75 keynote speakers
will participate in this year’s event.

Paybotic: Your natural choice

for high-risk processing

elcome to Paybotic. We’re excited to introduce our founder and CEO, Eveline Dang. Eveline’s vision and
payments industry know-how are shaping next-gen, customized processing solutions for our clients and
partners worldwide. The Green Sheet recently interviewed Eveline about our industry and how we can
W better serve high-risk merchants. Following are highlights from our discussion.
What excites you most in the current payments landscape?

photoThe financial service sector continues to open for the cannabis industry. There are nearly 700 financial institutions
that have put in place policies and procedures that meet regulatory requirements for accepting cash deposits from and
providing related services to these businesses. There are fintechs that have created platforms so that financial institutions
can leverage to board cannabis merchants in ways that are compliant with various local, state and federal requirements,
and also are scalable. Despite the rapid growth of the financial services for the cannabis industry, it remains evident that
the financial and payments products currently being offered to the cannabis space are quite “fragmented” in a sense that
there is no true financial ecosystem for merchants to take advantage of. This presents a huge challenge, yet opportunity
for financial service providers like Paybotic to come in and fill the gap.

So, in this sense, the challenges (that come with opportunities) of the current payments landscape makes it exciting!
How is Paybotic participating in this innovative, ever-changing space?

Paybotic ensures that no merchant is left behind with this ever-changing space. The company continues to assess the
needs of its cannabis merchants and has committed itself to make sure these canna businesses are able to run their stores
and access the proper payment and financial services needed to do so. It's unfortunate, however, that the laws haven't
caught up yet! This time can be critical because there might be great opportunities for cannabis entrepreneurs out there
who have opened stores but just don't have access to proper financial services. Paybotic wants the merchants to take
advantage of our financial services so that they may grow and prosper over time while staying ahead of the game by
keeping abreast with technology developments.

How has Paybotic evolved in recent years, as a company and technology service provider?
The evolution of Paybotic can be seen in many ways. First, our team, Paybotic, could not evolve or change if we didn't
have the proper talent and culture to do so. We have expanded our team significantly in 2021 to support the growth and
development of Paybotic’s suite of services. In addition we are expanding our service offerings into different related
verticals such as Lending, Insurance, and Accounting services that cannabis merchants need access to, but have difficulties
to do so.
What recent enhancements have you made to your technology and service offerings?

With more states preparing to go live with adult-use cannabis, we understand that access to capital is one of the urgent
needs of retail operators. We have automated several processes to help our merchants get approved for capital seamlessly
and quickly. This can be done right on the Paybotic platform by any merchants processing with Paybotic. In addition, we
are offering ecommerce and B2B payments to our customer base, together with options to finance vendor payments where
applicable.
How can ISOs, agents and ISVs better serve merchants in industries classified as high risk?

Knowledge is power. I believe ISOs, agents and ISVs who understand the challenges and opportunities of these high
risk industries will be able to deliver on the needs for merchants in such industries. Also, as cliche as this may sound,
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