Overview
CBD Merchant Account is a merchant services provider and payment gateway. As the name suggests, it specialises in processing for sellers of cannabidiol products such as oils, cosmetics and capsules.
Why this counts as high-risk
Banks classify cannabidiol as a higher-risk niche: the rules for these products vary from country to country, and card schemes require extra checks on the seller. As a result, standard acquiring is often unavailable to such a shop, and the business looks for a provider that works with this category.
What it offers
- dedicated accounts for cannabidiol sellers;
- a payment gateway for online payments;
- service for other higher-risk merchants as well.
Before you apply
The company says it works with high-risk businesses, but approval is not automatic. Typically you will need certificates of analysis for your products, a description of your range and website, and sales history if you have one.
Terms
Geography, pricing, reserves and payout times are not stated and are set after the business has been assessed.
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What they do
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