Posted on

cbd oil merchant services

Ready To Get Started?

We strive to provide the best CBD merchant processing in the industry with low rates, high approvals, and easy setup. See why our merchants come for the approvals and stay for the rest.

Create an account instantly and start accepting payments. You can also contact us to design a custom package for your business.

CBD eCommerce Integrations

PaymentCloud is fully equipped to provide merchant accounts for CBD with great rates and support because we integrate directly into the software and tools that you already use. This allows a seamless connection between your new payment processing support and your current website. This helps us be the leader in providing CBD merchant accounts for our happy clients. We can hook into your current terminals, your website, and even your accounting software. Let us know what you use and we’ll be happy to help.

The industry can be a profitable one. However, securing CBD oil merchant processing can be incredibly difficult! Although currently legal, there are very few merchant banks that will accept applications from CBD merchants. The reason for this, understandably, is the huge risk involved. When applying for CBD credit card processing, it’s important to allow up to three weeks before having your account approved. It’s also sensible to expect to pay higher rates and fees.

High risk accounts often take longer to settle into your business bank account, due to the nature of the payments and the limited providers available. Merchant Advice Service has an approved partner who will offer the same day settlement, dependant on your monthly turnover. Speak to our advisors to find out more.

CBD payment gateway

The majority of CBD and hemp oil products are sold online through ecommerce outlets, therefore securing the correct payment gateway system is imperative. When working in any high-risk sector remaining PCI complaint is paramount to streamline trading. High-risk companies often receive notice from their current card CBD payment processor having failed, to meet compliance standards. Getting it right is important, SPEAK TO US TODAY.

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. Libby is regularly cited in trade, national and international media.

CBD stands for cannabidiol, which is one of the compounds found in cannabis. CBD oil is rising in popularity both in the UK and worldwide. The press widely report on the potential health benefits, but also the possible risks when using CBD products, hence why the sale of the oil is controversial.

As an industry that is undergoing constant metamorphosis in the legal aspect, you would benefit from staying on top of the evolving legal cannabis landscape across the U.S. For an up-to-date status by state, get in the habit of checking reputable online resources like this one.

With the above information in mind, take the time to ask a CBD payment processor about any additional and/or customizable services that they can offer. Since every company’s approach is unique, it is crucial that you can depend on a CBD credit card processing platform for all of your payment needs.

What to Look for in a CBD Payment Processing Gateway

This leading payment gateway service provider is PCI-certified. Since the company’s inception in 1998, USAePay has been providing businesses in every niche with ecommerce, retail and telephone/mail order solutions.

In fact, CBD was exposed 20 years before the cannabis plant’s primary psychoactive cannabinoid THC was. Thanks to innovations in technology, scientists have been able to dig a little deeper into CBD’s therapeutic potential as of late, which has led to it overtaking cannabis’ high-inducing chemical THC in terms of what’s being talked about and researched.

While this CBD payment processor might only offer a minimum of $50,000 of monthly processing for offshore accounts, the payment gateway service is ideal for startup businesses looking to get their feet off the ground.