Do buy cbd oil online payment
You are not alone. Online CBD, hemp, and marijuana oils stores have opened up a new global market. But the real problem lies when it comes to accepting payments online in CBD products stores. Banks are still on a long rocky road to working with businesses specializing in marijuana for CBD Payment Processing. The problem is many banks still worry about getting in trouble with the law for providing financial services to the CBD industry.
The CBD business is supposed to explode, but selling it online is still a mess
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.
However, many banks and other financial institutions feel that this industry is too high risk or potentially damaging to their reputation. Because of this, they are reluctant to handle any type of payment processing for CBD merchants.
This has led to a crisis with companies that offer CBD, hemp products, vape equipment and other marijuana related options, and then those companies end up frustrated and losing sales. No more turning away customers who want to purchase CBD products with debit and credit cards. Because, the simple fact of the matter is, CBD and hemp based businesses deserve as fair of a chance to have access to the same merchant services as other industries. We recognize the need for people in the industry to have CBD payment processing solutions that work for both them and their customers.
With a merchant account, previously only available to traditional, low risk businesses, your CBD business can get the credit card processing options you really need. Often, payment processors may not tell you the limitations of which products their merchant accounts can support. As many merchants have learned, CBD vape merchant accounts are even more difficult to obtain than a purely CBD merchant account due to the added regulation of vape.
Leap Payments offers credit card processing for vapor CBD products. Being the top provider of CBD merchant services, it was only natural that we extend our reach to the vape market as well. Obtaining a legitimate, fully featured CBD merchant account has the potential to greatly boost your business, and help you see the full potential that CBD payment processing can offer you. Many processors will turn you down and chances are, you may have tried with other merchant service providers before finding us.
We have helped countless businesses like yours with getting merchant accounts and providing their customers with a solution to pay via debit or credit cards for cannabis products. One of the problems with getting approved for CBD payment processing is that many institutions fail to realize how the industry works. They may be dismissive of the value of hemp and CBD products or feel these products should not be recreationally available to people.
These kinds of biases are a big part of what causes some banks, lenders, and payment processors to turn down businesses in the cannabis industry. But, at Leap Payments, we do not put your business in a risk category or apply labels. We choose to see the value of your business for what it is, a legitimate business, highly in demand and with customer that need payment options.
We know you need to be able to keep your customers happy, and to do that you also need to be able to accommodate several payment methods. By working with us as your CBD merchant account solution, you can get all your sales needs in one place, and more. You can also expect:. Our core belief is that CBD merchants have as much of a right to process credit cards for their hemp based products as any other, low risk business. We have processing options to explore that other processors just simply cannot provide because of our expansive banking partnership network.
Since our bank is fully aware and in support of the CBD products you are selling, you are free to sell the products you want to sell. Take a look at the CBD products we can support:. With so many processors promising different things, it can be hard to know which CBD merchant service provider to choose.
We know our experience, transparent rates and fees and dedicated support team will win you over. When it comes to CBD merchants, nobody has been providing services even close to what we are able to offer now. We treat your business the same as if you were just selling books, clothing or food. No offshore accounts, no high rate of transaction declines, no skirting the system or integrating with shady, proprietary gateways.
Give us a call at or fill out the contact form below to get your CBD merchant account approval process started. Our average approval time is 24 — 48 business hours!
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Just Google “CBD Merchant Account” or “CBD Payment Processor” and you will Which payment gateway is the easiest to integrate for a small online shop? How do I get stripe as a payment gateway in Shopify store for non supported. wellbrook.com.au › Blog › High-Risk Merchant Accounts.
An influx of online businesses are introducing CBD into their ecommerce stores. Since the passing of the Farm Bill, which was signed into effect by President Donald Trump in December and removed hemp from the definition of marijuana under the Controlled Substances Act CSA , an increasing number of ecommerce business owners are searching for payment gateways that allow CBD merchant processing. In an effort to meet consumer demand for CBD products, such as oils, capsules, supplements and topical solutions, the non-psychoactive cannabinoid is being stocked inside an ever-growing number of brick-and-mortar shops and online ecommerce stores.
It is no secret that marketing CBD continues to rise in popularity.
CBD oil becoming one of the hottest topics lately with more than , people using it in the UK alone. That is why we have decided to write an article that would answer the following questions: What is CBD oil?
CBD Merchant Account Approvals
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.
Selling CBD on Shopify (US only)
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. All without any payment problems. The beauty of the payment gateways we provide is that they work for those who sell CBD oils and natural supplements online. The payment gateways we offer work for your business without the usual hassle, so that you and your customers can reap the benefits. With Organic Payment Gateways, you can be secure in the knowledge that the payment gateways we provide specialize in catering to a wide range of CBD and supplement products. Simply get in touch us.
The reality is that lots people are buying it for their own medical purpose and for their pets too. One big hurdle for high-risk merchant is the risk to lose their merchant account.
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.
Organic Payment Gateways
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.
CBD oil: Legalization and payment processing in a nutshell
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. However, many banks and other financial institutions feel that this industry is too high risk or potentially damaging to their reputation. Because of this, they are reluctant to handle any type of payment processing for CBD merchants. This has led to a crisis with companies that offer CBD, hemp products, vape equipment and other marijuana related options, and then those companies end up frustrated and losing sales.
