High Risk Payment Processors Cbd

Selling cbd online is a high risk business for more reasons than its association to cannabis.

High risk payment processors cbd.

Businesses can find themselves labeled as high risk for any number of reasons but for cbd products the main three reasons are 1 unsubstantiated claims regarding the. Marijuana just because a payment processor works with cbd businesses doesn t mean it ll offer the same services to companies that sell marijuana products. As you might expect the processing industry has placed cbd products firmly in the high risk category making it much more difficult and expensive to get a merchant account. There are several other factors that deem cbd a high risk in the payment processing realm.

First an ecommerce cbd sale is an online sale. Emerchantbroker is a los angeles california based company that offers high risk e commerce processing solutions including cbd oil merchant accounts. Cbd merchants have had issues obtaining a legitimate credit card processing payment processing solution. The reason for this is because the fairly new industry is prone to payment card fraud and charge backs.

Cbd payment providers that devote themselves to high risk clients should have a strong track record of working through tricky legality issues involved in your business. Featuring 24 48 hr approvals next day funding. Why is cbd merchant processing considered high risk. It is imperative that your cbd payment processor is able to deal with high risk transactions.

As an industry that hovers around a legal grey area only a handful of cbd payment processing services will be willing to take the risks associated.