Did your credit card processor shut down your CBD merchant account? If so we can feel your pain. The process of finding the right credit card processing company for your CBD business can feel like a burden. As a CBD merchant processor we can help make that process simple. If you are looking to find a credit card processor for CBD companies you have come to the right place. This blog will show you everything you need to know about credit card processing services for the CBD industry.
CBD is a form of cannabis that does not have the effects commonly associated with THC. Although the CBD plants look identical to the marijuana plant, it contains less than .03 THC and does not produce the same effects. CBD is also known to have several medical benefits and has become a common element to treat various symptoms in people, as well as pets. Today CBD is legal in all 50 states in the US. Causing even more confusion amongst the general public and payment processors alike. Despite the increasing demand, CBD businesses are still flagged as high risk businesses.
There are several legal issues concerning the sale of CBD. The market is also saturated with products that are not tested by the FDA. Although processing payments for CBD has evolved with the introduction of CBD friendly banks, the industry is still facing several payment processing issues.
Setting up a CBD merchant account will allow CBD retailers to accept credit and debit card payments. Regardless of the challenges to find a CBD merchant account, there are several CBD friendly banks that you can use for payment processing services, including My Payment Solutions USA. Reach out today if you have any questions. In the meantime let us list other ways to process CBD payments.
Here are five ways that you can process your CBD payments:
If you have any questions on any of these options feel free to give us a call today to learn how to find the best solution for your business.
Unfortunately, PayPal does not facilitate or handle payments for any products that contain CBD. Bear in mind that CBD laws are constantly changing, and companies have to comply with every new regulation. That costs time and money, which makes companies like PayPal ban CBD payments all together.
If you are looking for a CBD merchant processor, ensure the company you choose allows payments for the CBD products you sell. You might also want to consider finding a company that processes international payments if your customers are out the country.
Here are some of the benefits of getting a CBD merchant account with My Payment Solutions USA. Not only do we offer credit card processing for CBD companies, we offer the best customer services to help you throughout the entire process. Keep reading to learn how we can help you process payments for your CBD business.
We have an honest and transparent business model. There are no hidden fees, and we share all the terms and conditions before you sign up. We understand the importance of building a long term relationship with all our clients. Plus, we also offer support to answer all your questions.
Our systems are easy to use, and you will not have to handle any transaction issues. All your customers have to do is swipe their card or enter their details online, and the payment will be processed. We will not give you any headaches to process transactions. We keep it simple so you can focus on running your business.
Your payment processor must work with all credit card types so that you do not lose business. Our cashless ATM system can handle processing all all credit card brands, and you can relax knowing all your customers can use their cards in your store and shopping online.
Our goal in working with CBD companies is to ensure they find a payment processor that works with their business. Also ensuring they get paid quickly once a transaction is processed. As one of the best CBD credit card processing companies, our state-of-the-art system is safe and secure for your customers to use online. If you are looking to setup a merchant account for your CBD company, contact us today.
Unlike other providers, at My Payment Solutions USA, we provide credit card processing services for CBD businesses around the country. If you need a merchant account that comes with lower fees, contact us today In addition, we offer cashless ATM services for CBD companies and provide high risk merchant services for dispensaries and medical marijuana clinics as well.
