A financial technology company integrating electronic payment and self-service for customers and merchants with initial focus on cannabis and highly regulated industries.
Cocoon Technology’s self-service kiosks, CocoonPod, for ordering and cash management.
CocoonPod empowers retailers with contactless transactions, security, cash management, and reduced wait times. With an integrated mobile loyalty application, customers gain ease of use, speed, convenience and valuable rewards.
Paytron is an independent sales organization (ISO) providing merchant services including debit and credit card processing for retailers.
Paytron is led by a 20 year veteran of merchant services having working as a senior executive at First Data and Bank of America. AUSA will have the opportunity to significantly grow Paytron through select acquisitions and is highly scaleable.
Paytron will also expand Cocoon’s payment acceptance capability where allowable by law while also providing lead generation for retailers in highly regulated industries. By leveraging this payment technology, Cocoon will be able to enter into new markets.