A buy cbd oil online payment
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. Back in , Dr.
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! Or Call: Get Started Today! Get Started Now! This field is for validation purposes and should be left unchanged. Follow Us On:.
CBD oil. What are CBD oils? Perhaps you've heard of this new class of May require an offshore account for CBD merchants; No online. Getting a CBD oil merchant account can be difficult due to the high risk nature Do you need to buy to new equipment or sign new lease agreements? that offers high risk e-commerce processing solutions including CBD oil.
Get a free consultation from PaymentCloud today! What are CBD oils? The major difference between CBD products and marijuana is that the former contain little or no THC tetrahydrocannabinol or any of the other psychoactive ingredients that marijuana contains. Almost all states currently allow you to purchase or distribute hemp-derived CBD products that contain less than 0.
It is no secret that marketing CBD continues to rise in popularity. It has become a billion-dollar industry and is projected to keep growing.
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.
Compliant CBD Credit Card Processing
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. Because US laws surrounding hemp and CBD are quickly evolving, merchants should consult with an attorney before selling these products on Shopify.
Selling CBD on Shopify (US only)
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.
Libby James is co-founder, director and an expert in all things merchant services.
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.
CBD Merchant Account Approvals
Our industry-leading security ensures your CBD business is safe. Securing CBD oil merchant processing can be very difficult. Merchant account providers, such as ourselves, specialise in finding a solution for your industry. As a CBD e-commerce business, you may have struggled to find a CBD payment processing provider that provides you with a high-risk merchant account. Total Processing is widely regarded as the premier payment gateway for CBD oil trading. Thanks to our extensive global network of banking relationships, we have helped hundreds of CBD oil sites with varying degrees of payment processing requirements. This means complete peace of mind that your long term future is secure with us without the worry of being closed down. Businesses that sell hemp products are classed as high-risk businesses, but we don't believe this should prevent those in the CBD industry from being able to process secure credit and debit card payments. You need a credit card processor that will accept the risks of processing your CBD purchases. You also need security and this is where the secure online payment gateway can protect your business from fraudulent transactions. We have different methods to process card payments to your merchant account and finally to your bank account. We've got the knowledge and expertise to ensure you can always collect revenue. You can take mobile payments as well as card-present payments with our payment solutions gateway. Choose a CBD payment processor that you can trust with great reviews so that you can have peace of mind knowing your CBD payments are safe.
Organic Payment Gateways
A customer walks into your store, chooses the product they want to purchase and brings it up to the counter to buy it. You tell them the price, but then they hand you a credit card. You regret to inform them that your business does not accept credit cards. The customer, without any cash on them, then has to put the product back and walks out of the store, not likely to return. They prefer to pay with card, rather than going to an ATM to get a cash advance. Or, maybe this is more relatable to your business: Sales are going great, and you accept payment from both credit cards and cash. The business is growing and more customers are coming in each day. One day, you get an alert that your merchant account provider has dropped your business , no longer letting you accept credit card payments. For what reason? It wasn't even your fault that you lost your account, but it's the few bad apples that ruin it for everyone.
