CBD merchant account for Shopify
How to Choose a Merchant Account for Hemp Sellers
Although there are still rules and regulations in place that make it difficult for hemp product sellers, these natural products are becoming more widely accepted and many states have fully legalized their sale. Because cannabis is labeled as a Schedule 1 Drug in the United States, a great deal of confusion has perpetuated regarding the sale of natural products that are made from hemp. Those who sell these products often face issues with taking payments because these transactions are considered to be high-risk. Thankfully, there are options for opening a CBD merchant account that make taking electronic payments much safer and less stressful for merchants.
Which Companies Offer These Services?
Choosing a CBD merchant account provider is not always easy. Whether one is selling hempseed oil, hemp protein, hemp milk, or other products, having the right merchant account is a must for being able to take electronic payments. Because the industry is continuously evolving as new rules and regulations are put into effect, it stands to reason merchant account providers will also evolve. For this reason, it is wise for CBD merchants to stay on top of the latest news regarding government rules and regulations, so they will better understand how these can affect their ability to take payments.
CBD credit card processing is available from several companies. Carefully researching the options will help to assist merchants in making the right choice for their business. The following are some of the best companies CBD merchants can work with to ensure their payment system is beneficial for their company and their customers.
PaymentCloud is a company that is accepting CBD, hemp, and kratom account merchants. They are considered one of the easiest to work with in the industry.
SMB Global works to provide services for many high-risk industries, including CBD and hemp merchants. This is a sound provider for those that are finding it difficult to be accepted by other providers.
eMB is an offshore merchant option that offers high-risk payment processing solutions. They offer an online payment gateway that is beneficial and easy to use.
Make the Right Choice
Choosing the right CBD merchant account for Shopify will help companies to be able to properly accept electronic payments, so they can better serve their customers. It is important to keep in mind, payment processing companies often drop high-risk industries without warning. It is best to stay abreast of the changes and work to make sure the right choice is made.