As the Cannabis payments ecosystem continues to expand based on technological advances as well as state and federal governance, the options for Cannabis payments are becoming more diverse.

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Besides using a debit card at a dispensary, there are 3 other options that are gaining popularity and acceptance from Cannabis license holders as well as consumers and business owners who are making and accepting Cannabis payments.

(Automated Clearing House), FedNow, and Lightning Bitcoin payments are all different types of electronic payment systems, each with its own features and benefits. Here’s a comparison of these three payment systems:

1. ACH: ACH is a system used for electronic fund transfers in the United States. It is a batch processing system that is used to transfer funds between bank accounts. ACH payments are generally slower than other electronic payment systems, with transactions taking 1-3 business days to settle. However, ACH payments are relatively low-cost and can be used for both one-time and recurring payments.

2. FedNow: FedNow is a real-time payment system that is currently under development by the Federal Reserve. It is designed to provide instant payments 24/7, 365 days a year. FedNow payments are expected to settle within seconds, making them much faster than ACH payments. However, FedNow is not yet available to the public and is expected to launch in 2023 or 2024.

3. Lightning Bitcoin payments: Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, designed to facilitate faster and cheaper transactions. Lightning Bitcoin payments are fast, with transactions typically settling within seconds, and are also very low-cost, with routing fees typically less than a penny. However, Lightning Network is still a relatively new technology and may not be as widely accepted as other payment systems.

In summary, ACH is a relatively slow but low-cost payment system that is widely used in the US, while FedNow is a real-time payment system currently under development by the Federal Reserve that is expected to launch in the coming years. Lightning Bitcoin payments are a fast and low-cost option for those who want to transact using Bitcoin, but may not be as widely accepted as other payment systems.