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Look no further than PayKings, the leading experts in getting your CBD merchant account ready to accept payments. Finding a high risk payment processing solution that keeps your business running smoothly is critical for your online business. PayKings knows how frustrating it can be for a high risk business in the CBD oil industry to obtain the right payment processor. Finding the best credit card payment processing might seem daunting for even the most experienced CBD merchants. CBD product sales are considered to be high risk in the online merchant account world due to the nature of how the oil is cultivated.
Organic Payment Gateways
At Organic Payment Gateways, we make it our mission to help people in the natural healing, essential oils, CBD, and supplement space process payments online. We want to change all that and make it as easy as possible for you to sell your supplements online — and this is how:. The payment gateways we offer work smoothly with many of the major e-commerce platforms out there. Choose the platform you want and keep selling the product your customers love.
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We can have a chat about your business. Are you about to start your online CBD or supplement business? Then we want to make sure you have the freedom to choose the platform you want without hindering your ability to accept payments. If you prefer, you can also sell your cannabidiol-based products on WooCommerce.
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Organic Payment Gateways. The payment gateways we provide work with major e-commerce platforms Are you about to start your online CBD or supplement business? Contact Organic Payment Gateways today Are you tired of feeling frustrated trying to find a payment gateway that works with both your platform and products?
Getting a CBD oil merchant account can be difficult due to the high risk Do you need to buy to new equipment or sign new lease agreements? Centurion Payment Services offers an online payment gateway and virtual. The major difference between CBD products and marijuana is that the former contain little or no THC (tetrahydrocannabinol) or any of the May require an offshore account for CBD merchants; No online knowledgebase.
CBD Merchant Accounts. At Leap Payments our goal is to make sure that your CBD business can accept debit and credit card payments just like any other business can. We specialize in industries that other processors consider high risk. Leap Payments will work with you on opening a CBD high risk merchant account and keeping your account alive. With so many states allowing cannabidiol and CBD oil product sales for both medical and recreational use, the demand for payment processing in this pseudo marijuana industry is growing.
At Organic Payment Gateways, we make it our mission to help people in the natural healing, essential oils, CBD, and supplement space process payments online.
Libby James is co-founder, director and an expert in all things merchant services. Libby is the go-to specialist for business with more complex requirements or businesses that are struggling to find a provider that will accept them.
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US merchants in certain states are able to sell select hemp or hemp-derived cannabidiol CBD products on Shopify. Merchants can sell these products only in states where permitted by law. State laws and regulations governing the sale of these products vary significantly and are subject to change. You should consult with an attorney to determine how and where you're able to sell your product. Because US laws surrounding hemp and CBD are quickly evolving, merchants should consult with an attorney before selling these products on Shopify.
CBD Merchant Account Approvals
Help is at hand. When processing credit card payments online, merchant account providers assume most of the risk involved in the transaction. Because of this, they assess the level of risk involved with different types of business, and treat them accordingly. Many businesses will be considered low-risk and will have no problem. But other businesses, because of the nature of the products they sell or the industry they operate in, will be considered high-risk and may face difficulties. Any business or industry that borders on legality and chargebacks is likely to be considered high-risk. Businesses that sell CBD online often find it difficult to secure merchant processing. This is because of the origin of CBD i.
An influx of online businesses are introducing CBD into their ecommerce stores.
It is no secret that marketing CBD continues to rise in popularity. It has become a billion-dollar industry and is projected to keep growing. As the industry advances, so does the demand for high risk credit card processing solutions.
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All you have to do is procure some CBD oil, design the perfect label gradient, toss it up on a Shopify storefront, and buy a few Instagram ads. Especially online. And the founders of these companies — mostly good-seeming people! While the US Farm Bill may have legalized the production and existence of CBD, it is still in a hazy legal and regulatory position. Shopify, which is Canadian, will let you sell actual weed in Canada, where it is legal, provided you have the right license. Instead, to play by the rules, you often have to find and sign up for a high-risk processor, such as T1 Payments or others. When they work, they mostly work. Sometimes you have to set up an overseas entity and then funnel the money back to the US. To work with Shopify — which many merchants prefer to use to host their stores — high-risk processors sometimes require special configuration, which can change. The whole process can feel like a game of Whac-A-Mole.
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Our industry-leading security ensures your CBD business is safe. Securing CBD oil merchant processing can be very difficult. Merchant account providers, such as ourselves, specialise in finding a solution for your industry. As a CBD e-commerce business, you may have struggled to find a CBD payment processing provider that provides you with a high-risk merchant account. Total Processing is widely regarded as the premier payment gateway for CBD oil trading.
