NewsRAPIDCASH ATM ANNOUNCES PARTICIPATION AND LAUNCH OF COCOONPOD SELF SERVICE KIOSKS

RAPIDCASH ATM ANNOUNCES PARTICIPATION AND LAUNCH OF COCOONPOD SELF SERVICE KIOSKS

Las Vegas, NV, September 9, 2020 – RapidCash (“RCAL”) is pleased to announce that Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA”) and its subsidiary Cocoon Technology have successfully installed CocoonPod self-service kiosks at THRIVE Cannabis Marketplace in Las Vegas, NV.  This location is the first of eight operated by THRIVE to have CocoonPod installed.

RCAL was selected by Passport Technology Inc. for the development of the kiosk software as we directly or have partnered on several fintech applications and offer unparalleled support, industry experience, and software development expertise.  The software development team from RCAL worked closely with Passport Technology Inc. and AUSA over the last eight months for kiosk/admin panel software development and testing to ensure project requirements/scope were met and completed on time.

Additionally, RCAL supplied contactless self-service kiosks to AUSA at this site and going forward.

“Thrilled to see what was once a concept from the c-suite of AUSA and is now a reality and operating.  The timing is right for full-service contactless kiosks and so very proud of the work our team has done in the completion of this exciting project,” states Bill Eaton, President of RapidCash ATM.

“This is an exciting time for Cocoon Technology and RCAL,” said Max Aceituno, Chief Marketing Officer at AUSA. “With the installation at the first THRIVE location, we are seeing a lot of interest from other dispensaries looking to implement self-service technology in their locations.”

Cocoon Technology delivers interactive unattended kiosks for consumers and retailers with rich feature functionality encompassing mobile, order ahead, online delivery, loyalty, rewards, data analytics, e-wallet, ATM functionality, and cash recycling technology. Built on a cloud-based platform, Cocoon integrates with dispensary Enterprise Resource Planning (ERP) systems allowing for seamless operational efficiencies and revenue generation.

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