How to get a merchant account for cbd
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CBD and Hemp Merchant Account for Online Shopping Platforms
High Risk Payment Pro’s understands how stressful it is to withhold a payment processor in the CBD and Hemp Oil industry. Finding a merchant account provider that you feel supported and comfortable with can be intimidating for even the most experienced CBD merchants. Payment Pro’s is helping business all over the world with their high risk businesses. Credit card and payment processors are very sensitive to consumer chargebacks and avoid these industries like the plague. CBD and Hemp oil companies are very vulanerable to a high volume of chargebacks. Most banks are reluctant to support this industry because of the risk of illegal activity.
Unfortunately, this prevents a blooming industry from receiving acceptance from reliable and supportive merchant account providers. There is amply oppurtunity in this fast growing industry.
However, it is an uphill battle trying to find the right merchant account. What you need is to find a suitable high risk CBD merchant account! That is where Payment Pro's comes in.
Did Your Credit Card Processor Shut Down Your Hemp and CBD Oil Merchant Account?
If you are facing termination of a CBD merchant account your incoming payments come to a hault, leading to insufficient funds in your accounts. CBD merchants will then find themselves in a stressful situation. The company is in a tight corner, owing their bank a large amount of money without being unable to generate sales or access funds. Usually the first mistake a high risk business makes is signing on with a generic merchant accont provider like Pay Pal or Square. So, your online credit card processor has restriced your CBD product sales.
We understand how disheartening this kind of experience with a new business can be. High Risk Payment Pro’s can recover and go one step further to transform your business into a money making machine. We have the solutions for your CBD business. We have the right payment processing tools to help you with eCommerce for your business.
Why is High Risk a Concern for your CBD and Hemp payment processing?
High Risk Payment Pro’s is extremely experienced with savvy new technology for payment processing. However, being high risk is a concern for all involved.We are onboard with you, it is incredibly difficult to obtain a merchant account provider for your CBD and hemp sales production. The oil is cultivated in a way that most merchant accounts would not be inclined to work with. CBD and hemp is completely legal however it has a bad and unfair connotation around it.
Even thought the universe is starting to see this industry in a more progessive way, there is still a strong stigma against it, CBD and hemp is sold in a range of different forms.
From CBD oil and CBD tinctures and drops to CBD creams and CBD gummies. It is incredibly healing for a variety of health problems, yet many people still cannot supply support for these CBD companies. No matter what way the cbd and hemp is presented to cliental it is deemed as risky. Therefor the bank or lender will deny the merchant account application and move on to a more suitable company.
We are here to help your business have a strong online pressence in the CBD and hemp industry. High-Risk Payment Pro’s has a fast approval rate and can get you sorted! Payment Pro’s can easily expand your market to deliver your services and products to your customers.
- Fill out an online application
- Submit the proper documentation
- Let our expert underwriting team go to work for you to get you approved
- Start accepting payments and making money
How to Get a CBD Merchant Account
With the steps layed out on this page, we can accept CBD merchants at less than .03 percent THC. We cannot provide any merchant processing to any products that contain cannabidiol. cannabidoid, tetra-hydrol-cannabinol or THC in excess percetage.
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Why High Risk Payment Pro's?
High Risk Payment Pro’s is the most reliable and experienced payment processing for your CBD and Hemp related business. We have the most advanced technology in the merchant account industry. With our competitive rates, fast and easy approval, and strong banking relationships you will be confident in our services. So when shopping for your match we have got you covered! Payment Pro’s will get you accepted and processing payments in no time!
CBD Merchant Account Experts
- Fast Account Approval
- Large Merchants Welcome
- 10+ Banking Relationships
- Retail & E-Commerce Adult Accounts
- B2B Adult Accounts Welcome
- In House Under Writing
Multiple Payment Solutions
- Credit Cards
- Custom Gateway
- Mobile Payments
- EMV Readers
- B2B-Level 2/3 Data Discounts
- Chargeback Management
- SSL Secure Checkout
Top Customer Service
- POS/Terminals Available
- Developer API/Docs
- Dedicated Account Managers
- Custom Gateway Tools
- Custom Checkout Plugins