Are you looking for the best kratom credit card processing company? With all the available options out there, choosing the best credit card processing provider for your Kratom business is by no means an easy task. You will have to look at several aspects, including merchant processing rates, legal restrictions and more. This comprehensive guide will discuss everything you need to know about credit card processing.
Kratom, is scientifically known as Mitragyna speciosa. It is a tropical tree that grows naturally in Southeast Asia. Natives have been using its leaves as medicine for centuries. According to recent studies, kratom contains compounds that attach themselves to the same nerve cells as opioid painkillers. These compounds also alter the way the brain functions.
It is also vital to note that kratom can be addictive and has several side effects. That is why most states have banned the use of kratom products. Nonetheless, kratom is classified as a controlled substance in Malaysia, Australia, Thailand, and various European countries. The U.S. Drug Enforcement Administration also banned the use of kratom at the federal level in 2016. The DEA would later change their policy to allow scientists to study kratom.
Natives of Asia used to chew the leaves, brew them into tea, or even use them for cooking. Nowadays, kratom leaves are grounded up into pills. The leaves are also crushed and smoked. Depending on the dosage, kratom is known to have varying effects. For instance, low doses are stimulants and will make you more energetic, while high doses are depressants and tend to make people sleepy. The leaves can also be eaten in a meal.
Kratom leaves can cause similar effects to stimulants and opioids. Some of the compounds on the leaves, including mitragynine and 7-α-hydroxymitragynine, interact with opioid receptors in the brain to alleviate pain, sedate the body, and make users more energetic. Patients also reported increased sociability and alertness.
Although kratom users report fatigue reduction and mood enhancement, medical practitioners and drug enforcement agencies still raise questions about kratom’s safety and effectiveness. Kratom is readily available as an antidote for opioid withdrawal, mood enhancers, pain relief, and as an energy booster across the country. However, it is still considered a high risk product for various reasons.
First, doctors believe that its side effects outweigh the benefits. For instance, various Poison Control Centers in the U.S. received more than 1,800 kratom related reports. The reports claimed that kratom is responsible for several deaths, seizures, and high blood pressure. Studies prove that five among seven infants who have been exposed to kratom undergo withdrawal. Listed below are some of the common side effects from kratom:
Federal agencies are also working around the clock to fight the illegal sale of kratom as well.
Since kratom is considered high risk in the US, finding the ideal payment processing company can be challenging. Most banks are reluctant to work with kratom sellers due to the legal complications. Some kratom businesses have had to go to offshore banks to process payments. Others have tried online merchants, such as PayPal, Stripe, and WePay. Only to end up getting their accounts shut down. Working with a reputable high risk credit card processing company that accepts payments for kratom is the best way of running your business.
With several credit card processing merchants out there, finding the best company to work with can be challenging. When looking for the best merchant, you have to consider reputation, fees, and setup. Working with the best high risk credit card processing company will allow you to avoid trouble with the law while providing your customers with convenient payment solutions.
Do you need to setup a kratom merchant account? At My Payment Solutions USA we are the leading high risk credit card processing company for kratom. Contact us today to get your merchant account setup. We also offer cashless ATM services for kratom. Give us a call at 1-800-734-3424 today to learn more.
