Choose and sign up with a payment processor that supports CBD stores. 1. 6% + 10 cents for every tap, dip, or card swipe that happens in person. Once you setup your store and input your products, add the shipping app like ShipStation. We are giving CBD + Hemp based companies are really seamless and cost effective way to process credit cards. Since the obligation is between the acquiring. However, these fees are dependent on the risk level of your business. Most tier-one banks and payment processors will consider CBD a high-risk industry, which can make it difficult to obtain a merchant account to sell CBD online, especially if you sell directly from your own site. Accelerate the growth and opportunity in your business. It provides hardware and software. We expect this to continue until the banking and financial industries are able to adjust and catch up to the new laws around CBD products. But, in general, the portal can manage and track your payments, communicate with your payment processor, and organize. Who we are. High-risk payment processors have additional privileges to process transactions for merchants in industries that carry a potential risk of frequent chargebacks, fraud, and legal concerns. If you sell CBD oil, vapes,. It only takes a few minutes to fill out our online application, so there’s no reason to wait. Auto transport merchant account and consulting services. Less chance of mistakes and discrepancies. Banks underwrite and subcategorize CBD. Lightfire Merchant Services is a Premium Merchant Services Provider specializing in servicing those within the E-Cigarette/Vape/CBD industry. 5% + 10¢. Each applicant can qualify for up to $250,000 and receive a pre. They might take you on at first. Bank statements will likely be requested (again, prepare at least three to six months’ worth). Our average approval time is less than 48 business hours!Rating: Excellent. With many ways to accept payments and create websites, it can become confusing for merchants to know the best practices. These banks often require a reserve. To swiftly move the process along, businesses need to make the following documents available to processors and underwriters: A valid, government-issued ID, such as a driver’s license. No contract terms. PayKings focuses on customizing your banking solution and making sure you have the lowest rates possible. They need to submit more information about their products and marketing strategies. Due to its relation to the entire cannabis industry, however, CBD is often seen as high risk by traditional payment processors and banks. To get a merchant account, one must submit an application with a merchant account provider. The CBD Processing – CBD Merchant Account Approval HAVING TROUBLE GETTING A CBD MERCHANT ACCOUNT? We Can Get Your CBD Merchant Account Approved!. As of 2021, eligible small-business owners using Square can get. Note Code 06 is currently unused but is reserved for future use. CBD merchants who sell CBD and hemp products need a CBD merchant account. Helping merchants understand the problems they face so they can be approved for high risk merchant processing. Apply today and get a quick approval! Tags: CBD Payment Processing. 5. ) Still, the stakes are high for CBD businesses. This is why the approval rate for CBD-related products is so low, and as a business owner, you find it challenging to grasp a secure payment processing company. ) When evaluating a high-risk business, merchant service. A merchant account is a specific type of bank account that allows merchants to accept payments. The Importance of a Thorough Merchant Account Approval Process. This essentially put CBD merchants on “auto approval. Shopify allows payment processing directly through their platform for various industries, but for CBD, merchants must look elsewhere. 0That’s why our paths crossing and you choosing the best in CBD merchant processing is so valuable. Any cannabis products that are higher than the FDA-approved percentage are not eligible for CBD merchant processing. With its free virtual terminal that enables businesses to track CBD sales easily, PaymentCloud has one of the highest approval ratings of all CBD merchant processing solutions. However, constraints usually come from the. PaymentCloud has one of the best acceptance percentages among CBD merchant processing systems. If you’re serious about growing your CBD vapor business and establishing a lasting payment processing solution, contact us today. Those that have had greater stability typically come with higher costs and monthly. Despite the passage of the 2018 farm bill last year, which decriminalized hemp and made it legal to cultivate the crop for certain purposes, some states have banned the sale of food, such. What Is An Approved CBD Merchant Processor? If you sell CBD products online, finding a processing company that is approved for CBD transactions can be a challenge. CBD products are not yet approved by the FDA and they are regulated by both federal and state laws. Best for Cannabis & Hemp Payment Processing: Canna Group LLC. Be Honest About Your Business Model Finding a high-risk merchant service provider is a rewarding feeling but it is only the initial step in securing approval. But if our online merchant account application will still raise too many questions, your dedicated high-risk merchant services expert will walk you. You can fill out an online form detailing information about your business and CBD products. Summary: Although CBD was completely legalized in 2018 with the U. Square CBD Fees, Rates & Pricing. Soar Payments: Best for. For DigiPay, you must provide test results from an independent lab that demonstrate your CBD products don’t contain more than the 0. The two companies ahead of Shopify are Woocommerce and Squarespace. 10/transaction. This is the same kind of merchant account that a high-risk merchant uses, except that it has been approved to sell products derived from CBD and hemp. The online hub first approved CBD sales in 2019, and has since become a popular outlet for many CBD stores. You can then use Authorize. However, due to the risks and regulations associated with the CBD industry, entrepreneurs will find that doing so for this particular business presents a new set of challenges. Let Us Solve Your CBD Payment Processing Issues. 5% + $0. In most cases, when looking for a merchant account, the onboarding process is relatively fast. CBD is one of the industries classified as “high-risk” in payment processing due to a variety of factors. Our expertise lies in providing guidance and support to high-risk industries, including CBD merchants. Just make sure to follow FDA regulations to ensure your CBD business is approved for a merchant account to sell. (As as long as it doesn't contain more than 0. Pinpoint Payments values your business and helps protect it: Industry-leading fraud prevention Real-time chargeback management “High-risk” merchant accounts . Once you receive approval for a CBD merchant account, your payment processor will send. CBD businesses are classified as high-risk, so most of the popular merchant account providers are not willing to work with CBD based businesses. We do everything we can to make the application process simple, easy, and painless. Corepay: Best For Mail Order/Telephone Order Businesses. Once you have all the requirements, you can fill out an application for a CBD merchant account. Many people think that faster is better, but that's not necessarily true. As the regulatory framework with the FDA gets worked out, the murky legal and banking procedures leave more “traditional” processors wary of taking on the risk associated with the CBD and cannabis industries. Square CBD is a legitimate payment processor for CBD businesses. Don’t let high fees suck your company dry. Farm Bill, its association with the cannabis industry at large causes it to be seen as high risk in the eyes of conventional payment processors. Offering secure payments at your dispensary is essential. Therefore, alternative payment processors such as. Unlike other types of merchant accounts, CBD merchants must undergo heightened due diligence. Securing CBD oil merchant processing can be very difficult. Apply now for your CBD Merchant account. The best CBD payment processor helps you get approved fast for your CBD merchant account. An Internet Merchant Account is sometimes referred to as a "MOTO" (Mail Order & Telephone Order) Account because they all require the ability to process a credit card payment when there is no physical credit card present to be swiped. Yes. Remember that Stripe’s instant approval doesn’t mean your current payment processing account will last. 3%; the processor shuts down the merchant’s total processing until the added product is removed. This is a major concern for CBD merchants when processing credit card transactions for CBD purchases. Best CBD Merchant Account Provider: Moonlight Payments. Merchant processing is a must for any CBD business. They offer a variety of products and have a strong brand recognition. A CBD merchant account is essential for any CBD merchant. For online CBD suppliers, finding a payment processor amenable to cannabis commerce has been an uphill battle. A CBD merchant account and payment processor. Our CBD Program fees are slightly different than our traditional processing fees. Payment processors like PayPal just can’t handle the needs of a high-risk merchant. This is possible because hemp contains less than 0. Instabill offers merchant accounts for e-commerce CBD sellers only. It offers additional functionality beyond payment processing. Georginix charges a $625 fee to join their program and requires a pre-approved CBD merchant processor. EMB are reputable, high-risk specialists, providing high-risk merchant accounts for CBD merchants. With easy integration, our top-of-the-line products give you more flexibility to accept payment for CBD and Delta 8 however and whenever you like. Here are brief overviews of the seven best merchant account providers in the industry that accept CBD merchants: PaymentCloud: Best For Dedicated Account Manager For Customer Support. If you are selling CBD products online, you need a payment processor that is familiar with the industry and knows how to work with you. List of suppliers for CBD products. There aren’t very many CBD limitations on BigCommerce’s platform. 4. Shopify leaves this verification up to you, so it’s always important to do your homework. For example, CBD was not legal until 2018 and is extremely regulated due to its similarity to THC. However, you must check with state and local CBD laws to make sure that you are selling it legally. Square’s CBD processing fees are below: Online: 3. You must go through three different processes to get a Shopify CBD account. Welcome to the B. CBD Merchant Accounts are Still Evolving. Lastly, opt for payment processors that align with your goals for a smoother journey. Applications take an average of 15 days for approval. We offer the industry's first transparent and compliant cannabis payment processing merchant account. ECS’s services and solutions include: Credit card processing. 1. It doesn’t offer users the same high. Also, you need a high-risk payment processor for your merchant account because high volume sales and e-commerce only increase the risk. Bankcard is a CBD payment processor that provides CBD merchants with premium high-risk merchant services. It can. GoCardless Review - January 10, 2023. In addition to higher processing rates, CBD merchants may all see increased chargeback fees, PCI compliance fees, early termination fees, and even merchant account reserve withholdings. Read on for everything you need to know about high-risk processing. 6. Only a few merchant processors approve merchant accounts for CBD businesses. A high risk merchant account is a type of payment processing account for unique businesses. All payments processed while participating in the CBD Program, including non-CBD items, will have the following costs: Payment Method. Our offerings include a reliable, affordable, and safe credit card processing along with ACH. Some of the features of your CBD merchant account may include: Multi-bank processing (including off-shore) No. A CBD merchant account refers to a merchant account specifically designed to accept and manage electronic payments for all kinds of CBD products. 840. In this blog, we’ll break down everything you need to know about. It is quite an old company, established in the year 2000. High Risk Pay – High Risk Merchant Account. Credit card payment processing companies facilitate high-risk merchant accounts with their special bank privileges to process digital transactions for industries, merchants, and products that carry the risk of frequent. 1 Best CBD Merchant Account Providers in 2021. $125 of that is the onboarding fee and the other $500 is a deposit. Provide us with your info to get started and a payments expert will contact you. S. Never miss a sale with powerful new ways to accept credit cards, anytime, anywhere in the U. PayKings –. These are NOT the cannabis plants grown for marijuana and hashish. Discussing CBD Payment Processing & Merchant Acco…With its free virtual terminal that enables businesses to track CBD sales easily, PaymentCloud has one of the highest approval ratings of all CBD merchant. While it’s less common than Delta-9 THC, the psychoactive ingredient that most cannabis users know best, more and more is being learned about this cannabis ingredient. Due to the inherently higher risk associated with CBD products, CBD merchant accounts inevitably come with higher prices and more restrictive policies than low-risk accounts. Property management companies processing monthly rental payments. Low Rates & Fast Approvals. Speak with an expert: (877)-715-4501. You need to submit the application form and supporting documents. A CBD retail merchant account is an account that allows you to accept credit card payments made for CBD products. At Corepay, we specialize in high-risk processing, with. PayKings is one of the best high risk merchant solutions for your expanding. PaymentCloud is a leader in providing high-risk merchant accounts to meet the needs of businesses across various industries. Working with a company that specializes in working with high-risk merchants - which CBD businesses are. 3% more THC. 75% rate comparable to a low-risk merchant account. Although they’re not originally a high risk merchant service provider, Square Payments stepped up their game in 2019 by accepting business with CBD and hemp merchants. FREE Gateway Set-Up. After spending months looking at options that were not even as good as what we got with CBD Card Processing, we were approved for a domestic card processor within 1. Online payments, by their very nature, are considered high-risk transactions compared to in-person tap, chip or pin credit card payments. Charlotte's Web is a large and recognizable supplier with potential for better sales. We offer a quick and painless approval process. Application – Apply to receive a payment processing account. Merchant accounts are generally established under an agreement between a merchant and an accepting merchant getting bank for the settlement of credit or debit card transactions on their. Durango Merchant Services: Best for highest-risk businesses. This happened because the DEA in 2017 listed kratom as a “Drug of Concern” and most financial services companies cut ties with these businesses. S. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. Our payment processing services offer fraud protection to secure your account and your cardholder’s data. The best CBD payment processor helps you get approved fast for your CBD merchant account. Very few credit card processors allow CBD companies to use their services or to be approved for merchant accounts. With Limelight, it enables users to increase the approval rate of credit cards and track their orders as well as control returns. it would be challenging to continue processing CBD-related transactions without the company’s knowledge. This includes B2B and. iPayTotal may be less appealing to very young businesses because of the $1,500 minimum weekly sales requirement. Prior to applying for merchant accounts, you should ensure they have several months of good processing histories and few chargebacks. With this being said, rates are subject to change as this program is still in beta testing. This includes processing for hemp wholesale, distributors, sellers of hemp-derived products, or other. In late September of 2019, EMB became a Shopify approved payment processor. Fees. High Risk Merchant Account Instant Approval;When you have a great new idea for a business or are ready to grow a small business, TailoredPay is here to help you process credit card payments easily, safely, and affordably. To help you on this journey, we've compiled a list of seven qualities you should look for in a. PayKings is among the most respected and knowledgeable CBD payment processing companies in the industry. So, whether you specialize in CBD oils, gummies, lotions, or any other product, we will help you scale your business. Moonlight Payments is our recommended choice for CBD merchant account services, with its industry-focused features, integrated solutions, and commitment to legal. PaymentCloud Top Rated for Kratom Credit Card Processing. High-Risk Payments with Shift4. First, we’d talk about why CBD for sale needs high-risk merchant services. Lastly, you need a trusted CBD manufacturer or supplier, especially if you opt for dropshipping and plan to market your. § § 10231. Published on January 13, 2020. CBD businesses may be subject to unavoidable high-risk merchant account fees. Let’s explore the standard three steps involved in obtaining a CBD merchant account for WooCommerce: Step 1: Apply for a CBD Merchant Account. CBD merchants of all sizes are welcome to apply. This marks a significant step towards financially managing your CBD business. The CBD processor HighRiskPay. Signing up with the best CBD merchant processing company from day one saves you the time and frustration of getting shut down by. You must have minimum weekly sales of at least $1,500 and a short of selling CBD. 2795 Openly Accepting Hemp and CBD Industry Merchants with Domestic and International Solutions Available to Fit Your Needs Learn More Get Approved with Low. National Processing: Best For Clover Processing Hardware. To be eligible for a high volume merchant account, businesses must process at least $100,000 per month. to ensure. Research and compare different suppliers to find the best fit for your business needs. They do this by setting up aggregate merchant accounts that lump you together with other merchants to reduce the risk associated with your. Here at The CBD Processors, we have years of experience in merchant processing and POS equipment. In late 2018, the U. Cannabis Diverse. Begin accepting credit and debit cards for CBD products today by filling out EMB’s simple online application. If your application is in full working order. In fact, we pride ourselves on a fast turnaround time—most approved. CBD, or cannabidiol, is an element of the cannabis plant that does not get you high like THC. What’s Required to Get a CBD Merchant Account. High-risk payment processors can make it much easier to obtain a CBD merchant account. Subscription-based companies that. Each industry has valuable tips on how to minimize the risks associated with their online payment process. The “auto-approved” accounts had hardly any oversight…which allowed for those less than reputable marketers to jump in and start selling using things like free trial offers. Vape, Glass, CBD and Kratom Approved. After the account issuer approves your account, you can begin accepting payments. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. 4. There are also laws in which these products cannot contain more than . (Written on 9/18/19)Q: Are Pennsylvania’s hemp processors now allowed to sell their processed CBD products to the Medical Marijuana grower/processors? A: No. 1 Best Overall: Square. Georginix is a big supplier with fast response times and valuable advice, but your website must be compatible with ShipStation and you must have a pre-approved CBD merchant processor to partner with them. Since we serve lots of high risk merchants or people who need to open merchant accounts for bad credit, we know how to get results fast. Our highly trained staff is here to answer all your questions about CBD merchant account, pricing, contracts, and other services. Approval Timeline For CBD Merchant Account. Trustpilot. Easy Sales Tracking. “BigCommerce Goes Green“. S. So we take enormous pride in the fact we’ve served as. However, like other high-risk businesses, CBD merchants have to undergo a. This article will cover everything you need to know about Shopify CBD. During this time, he has spoken with. Remember that credit card processing for smoke shops may come with a higher challenge of merchant account approval due to the perceived higher risk. Total set-up time is 15 days. Fees. However, the general steps are similar; Identify the right payment processor. Before 2018, it was commonplace for U. If you are a CBD e-commerce or retail business we offer payment processing and so much more! From risk management and regulatory oversight, to rich customer analytics and chargeback prevention, find out why DigiPay is the best partner for your CBD business. Any merchant account that accepts debit or credit card payments must comply with PCI mandates. Adhering to these standards is challenging with a cash-only or self-managed payment processing strategy. Or, call us at 877. Defend your business against uncharted fraudulent activity and chargebacks. - #1 Kratom Merchant Processor Since 2009 - Kratom Merchant Accounts. 1. Our average approval time is less than 48 business hours!Rating: Excellent. 4. Online: 16 agents CBD Merchant Account As a CBD business owner, you deliver relief to your customers—now let PaymentCloud deliver payment processing relief to you! We’re. Option 1: CBD Domestic Program (Take payments in 3-7 Business Day) Payment solutions for all CBD payment types: In-Person, Online, & Mobile. This provider specializes in hard-to-approve business types and can currently supply kratom merchant accounts, Hemp merchant accounts, and even CBD merchant. They also cater to high-risk businesses like vape and CBD companies. CBD, or cannabidiol, is an element of the cannabis plant that does not get you high like THC. This is a massive leap from the estimated retail sales of CBD-related consumer products back in… Read More »CBD. PA is currently available only in the United States. Whether you are a startup CBD merchant, a mid-sized business, or a huge company processing millions per month, you can get a CBD account easily. In 2019, Shopify began supporting the sale of hemp and hemp-derived cannabidiol products. 25% - 6. Securing CBD oil merchant processing can be very difficult. With online CBD sales, the processor frequently scans the website for products not approved on the merchant application. Summary: Although CBD was completely legalized in 2018 with the U. Our merchant services incl. If you’re serious about growing your CBD vapor business and establishing a lasting payment processing solution, contact us today. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Users also rave about eMerchant Broker’s onboarding experts and 24/7 customer support staff. A high risk merchant account cbd is essential so that the account holder receives the payment processing services necessary for accepting credit and debit card transactions. Benefits of a Kava Merchant Account Services. Many merchant accounts for CBD, in fact, will drop a CBD account after having it as an account for months on end. CBD Merchant Account; Continuity Subscription Merchant Account;. 95% FLAT. Moonlight Payments. An ISO is basically a third-party payment processing company authorized to handle the daily activities of. But proponents claim it can have significant health benefits. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. Longer approval times are almost always due to delays while underwriters wait for additional information from the business owner. Merchant Funding. 24/7/365 knowledgeable customer support. a. Created for CBD e-commerce and retail merchants. CBD Payment Processing 101. . Any high-risk merchant account is going to cost more than a similar low-risk one. Reading Time: 3 minutes CBD merchants know the struggles of starting an online business, especially when it comes time to find payment processing. In addition to providing extra flexibility with the use of your. 03%. Tap, dip, or swipe transactions. Yes to you, and yes to your business! Premier One was founded on a simple principle: give every business the merchant services they need so they can grow in volume, profitability and reputation. CBD Payment Solutions offers industry leading credit card processing, ACH, payment solutions for CBD. Although Shopify merchants cannot use Shopify’s payment gateways, they can take advantage of. Essentially, a CBD merchant account provides businesses with the ability to accept debit and credit card payments from customers. We utilize a variety of processing techniques to ensure that your CBD merchant processing is a smooth and simple process. Accessed March 1, 2023. 2. Bankcard International is a payment services provider that offers POS and virtual processing services for diverse industries, including the CBD sector. PaymentCloud is a top recommended credit card processor for kratom businesses. They provide offshore merchant accounts in addition to high-risk merchant accounts, which are their areas of expertise. Jake W CBD Minimal. Instant approvals might seem enticing, but they can lead to unforeseen complications. eMerchantBroker – Based in Los Angeles, eMerchantBroker offer high-risk merchant accounts for CBD oil and hemp retailers. 98% Approval Rating. Merchant service providers that are willing to take on CBD accounts can be hard to find. Its free virtual terminal allows business owners to track CBD sales easily. Many herbal payment processors might offer kratom credit card processing services however, kratom is a prohibited product by the card networks. payment gateways, credit card processing, chargeback alerts & instant approvals. Echeck Processing is available for next day setup!. High Risk Pay offers high-risk merchant accounts and payment gateway solutions to businesses from all verticals. 96. Durango Merchant Services: Best For Offshore Merchants. One of the reasons not all payment processors can offer CBD merchant accounts is the sponsor banks. Like most high-risk merchant account providers, PaymentCloud is not a direct processor. Supported industries: Adult services, CBD, online dating, vape sales. PaymentCloud. As CBD merchants are considered high-risk businesses, many credit card processing providers and payments processors will not allow CBD merchant accounts. 4. What Is An Approved CBD Merchant Processor? Transform your business with a specialized CBD merchant account – allowing you to accept credit card payments and get express authorization from the service provider for selling hemp-derived goods. These startup businesses, companies selling vaporizers, CBD products, and software to marijuana users or marijuana companies, were kicked off payment processors and other mainstream business. Here their processing company will collect the necessary information. Yes, you can sell CBD in all 50 states on Shopify. Instabill. Trust us, that’s fast for a high risk credit card processor. At Paybotic, we keep detailed sales records and will help you remain compliant by completing audits and. S. To get a Shopify CBD merchant account, you’ll have to go through a three-step process: CBD Merchant Account Application Process. With these criteria in mind, let’s look at our top seven high-risk merchant account providers: PaymentCloud: Best For Free Credit Card Terminal. Click or ☎ call (855) 339-6004 for more information today! Call Us On: 855-339-6004 | Follow Us On: Home; About us; Our Services. 99% approval Having trouble getting approved for your high risk merchant account? Did you know HighRiskPay approves 99% of all applicants! FAST APPROVAL. Merchants have had to deal with unconventional payment and non-transparent payment solutions for years with some combination of ridiculous pricing, inconvenient funding terms, holdbacks and reserves, and the issue of being shut down months after getting approved. It is important to note that third-party credit card processors will only work with those who sell CBD oil that is low-THC, made from industrial hemp as CBD oil from marijuana is considered a controlled substance. EMB are reputable, high-risk specialists, providing high-risk merchant accounts for CBD merchants. On top of merchant cash advances, we offer a variety of cannabis payment processing solutions to businesses in the marijuana industry, including: Contact Paybotic at 844. Credit card payment processing companies facilitate high-risk merchant accounts with their special bank privileges to process digital transactions for industries, merchants, and products that. Kevin, What are the 2 processors that you are referring to in your comments? I need to find someone quickly - we added CBD to our medical equipment lineup and now I'm told that I have to remove them or find a new processor. Merchants have had to deal with unconventional payment and non-transparent payment solutions for years with some combination of ridiculous pricing, inconvenient funding terms, holdbacks and reserves, and the issue of being shut down months after getting approved. Shopify CBD Payment Processor. ACH/Check 21 processing. Epidiolex contains a highly purified form of the drug substance CBD for the treatment of seizures. Hemp Oil Tinctures Our esteemed banking relationships have been carefully developed over time. Give us a call at (800) 993-6300 or fill out the contact form below to get your CBD vape merchant account approval process started. Best for international merchants. Visit the processor’s website. When you accept credit cards at the point of site, it should be the last time you think about that transaction. CBD Merchant Solutions are one of the few real companies. Each payment processing portal you consider will be a bit unique. CBD businesses may be subject to unavoidable high-risk merchant account fees. Merchants can process Shopify CBD payments by meeting standard CBD. You can run in any country you want to work with and register with them to allow you to work with their. Last but the most reputed payment processor in this list is Easy Pay Direct. The merchant must grant the processor access to scan their POS system intermittently, and usually once a month, to ensure no unapproved products have been added to the merchant offerings. If you're selling CBD or hemp products: Humboldt is now offering safe and secure payment options for your industry that include reliable and affordable credit card processing!Thorough merchant account approval process . 3% THC. 1. Since its founding in 1997, High Risk Pay has become one of the industry’s firms with the most rapid expansion. lawmakers, Facebook has decided to remove. HEMP. The acceptance of credit cards. The fact that CBD is manufactured from the hemp plant makes the industry a high risk one. I'll also give a positive shout out to Emerchant Broker (EMB) for doing an awesome job of helping CBD sellers. The term “CBD merchant account” refers to a merchant account that allows you to accept credit card payments and that your service provider has approved for usage in selling items derived from CBD. Setting up your website right will give you a big advantage in being approved for merchant processing through your e-commerce website. We offer fair, transparent pricing for high-risk merchants, starting from 1. 7. A Shopify CBD payment processor gives you the ability to accept payments online. Host Merchant Services is a Newark, Delaware-based merchant account provider that may be a great fit for a hemp business. Application – Apply to receive a payment processing account. 877. Advanced chargeback protection programs. If you’re serious about taking your CBD business to the next level and establishing a payment processing solution that will last as long as you do, contact us today. If you’re looking to sell CBD online, it can be tricky to know where to start. Also, only CBD products derived from EU-approved strain of the hemp plant with < 0. In need of a merchant credit card processor for my online ecommerce store where we sell Full Spectrum Hemp Extracted Cannabinoids: (CBD, CBG, CBDA). 1. Delivery is allowed as dictated by local and state laws. Recognized as one of the nation's Top CBD Merchant Processors by 10Buds for 2022The company has an extremely high approval record for merchant accounts. Adept Payments offers payment processing, merchant services, and business solutions to all industries. Lack Of FDA Approval. It is our mission to help our local businesses find processing solutions which will maximize the benefits and minimize the costs associated with electronic payments. 3 percent THC. EMB takes pride in getting 99% of our applications approved for our all-inclusive payment processing and funding solutions. This means merchants in the field can’t secure payment processing for CBD businesses easily. CBD merchant processing has been a revolving door of bank solutions that first say. The firm has an extremely high approval record for merchant accounts and, unlike other high-risk suppliers, does not charge an application. Shopify.