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Merchants in all other jurisdictions must continue to comply with Shopify's Terms of Service and Acceptable Use Policy, which includes ensuring that the merchant is selling products in compliance with all applicable laws and regulations. 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. Our bespoke client dashboard gives you a complete overview of your commercial activity. CBD has made a substantial economic rise in a short period of time and is capable of delivering benefits consumable by an endless number of market. Related Services. We help e-cigarette companies comply with the Tobacco Products Directive and pharmaceutical companies obtain and maintain medical product licences. PayKings knows how frustrating it can be for a high risk business in the CBD oil industry to obtain the right payment processor. Libby James Merchant Services Expert Libby James is co-founder, director and an expert in all things merchant services. This termination means your business has been restricted from using many online credit card processors for your CBD product sales. It is the merchant's responsibility to ensure that they are in compliance with all applicable laws. While the CBD industry is thriving, we encourage you to seek qualified legal counsel and double-check your state and local laws before selling CBD oil online or elsewhere.
Get a Quote Schedule a call. Because US laws surrounding hemp and CBD are quickly evolving, merchants should consult with an attorney before selling these products on Shopify. When they work, they mostly work. Get Started Today! We help you get approved fast for CBD oil merchant account to accept online payments. We help e-cigarette companies comply with the Tobacco Products Directive and pharmaceutical companies obtain and maintain medical product licences. You can review the application process and apply to any of these providers with the following dedicated links:. With features such as mobile credit card processing, your online CBD business is sure to thrive and maintain good standing. What does a specialist CBD merchant account service do? Or Call: Our average approval time is 24 — 48 business hours! The answer, the Endocannabinoid System. Shopify will not notify merchants of changes to the laws. 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.
At PayKings, we work specifically with businesses who are in high risk industries and can help you become a CBD seller with the lowest rates and the most reliable credit card payment processing solutions. Instead, opt for a company that enables you to integrate their CBD credit card processing system seamlessly with a broad scope of ecommerce software. I understand. The answer, the Endocannabinoid System. Boasting competitive chip, dip and swipe rates, PaymentCloud utilizes third-party processors and collaborates with banking institutions throughout the U. The reason for this is because the fairly new industry is prone to payment card fraud and charge-backs. If your CBD merchant account was declined, we know how stressful that is for a business owner. We've got the knowledge and expertise to ensure you can always collect revenue. With your business back up and running in no time so you can get back to what matters most — running your online CBD business. It's possible to have a product that you can sell on Shopify, but that can't be supported by Shopify Payments. This leading payment gateway service provider is PCI-certified. Below is a list of states that Shopify currently supports. The FDA website is a great place to start. Check out PayKings innovative features like mobile credit card processing for your online CBD business today.
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CBD is a safe and natural alternative to pharmaceutical drugs which has proven effective in cases where other outlets have been exhausted as well as ineffective. Are you tired of feeling frustrated trying to find a payment gateway that works with both your platform and products? We treat your business the same as if you were just selling books, clothing or food. Merchants are not limited to the recommended list of payment providers included above. Some 23 years later, scientists managed to assess its structure in clarity. Such extortionate predictions mean that an increasing number of ecommerce businesses are scrambling to find a CBD payment processor willing to accept them.
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Why go through these hurdles when you can avoid the stress of having your CBD merchant account shut down? PayKings will help you get your account recovered the right way and can offer the high risk payment processing solution your CBD merchant account needs. Regulators failing to make this distinction lead to online credit card processors like PayPal prohibiting CBD merchants from payment processing. Below is a list of states that Shopify currently supports.
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While the CBD industry is thriving, we encourage you to seek qualified legal counsel and double-check your state and local laws before selling CBD oil online or elsewhere. No offshore accounts, no high rate of transaction declines, no skirting the system or integrating with shady, proprietary gateways.
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Although the payment gateways made available to your business will depend on the country in which your company is registered and also, the currency that you use. If you have additional questions, then contact the third-party providers directly, or consult with an attorney. If you prefer, you can also sell your cannabidiol-based products on WooCommerce. You can review the application process and apply to any of these providers with the following dedicated links:.
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They are focused on offering merchant accounts from low to high risk businesses within the UK and Europe. Alternative Payment Methods. Personalized customer service is the way to go, but if you cannot find a company that offers this, at least find one that hires a customer service team to manage calls and emails around the clock. This leading payment gateway service provider is PCI-certified. CBD, or cannabidiol, is a chemical compound naturally derived from the Cannabis Sativa plant.
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