Cannabidiol Merchant Services
Accounts for start-ups, industry leaders, and everyone in-between. We have remedies for your payment processing headaches.
To Get CBD Services
Cannabis Merchant Services
Merchant Industry is a specialized CBD and high-risk business model consulting company. As a part of an international network of merchant services, we ensure the most standard rates and stable services in industries facing regulatory challenges. Since 2007, we are providing payment processing services that have been helping our clients around the U.S. to stay in business and maximizing profits.
CBD Processing So Far
The CBD industry is facing important challenges today with finding payment solutions that offer a comfortable and trustworthy service to CBD merchants. CBD vendors face payment problems daily since the CBD industry seems to be seen not only as a high-risk business but is being projected in a bad light. Credit card processing for CBD merchants is now a sparse commodity, and one would expect that with the seemingly favourable medical benefits that CBD offers to the general public, finding processors for CBD credit card transactions should not be such a challenge.
Why CBD Services are complicated?
Merchant Industry Payment Services is structured to officially process credit card payments for the CBD industry. We fully give our support to our CBD merchants which is why we are the standout choice for everyone who wishes to have a legal merchant account, as well as, a processing solution for credit card payments that is Justifiable.
We are Familiar with high-risk merchant accounts; we can help you grow and maintain a financially gainable CBD account. The biggest confusion consumers face today is when selecting an account like this one is that if it is ever lost or revoked, no money can be made above that certain point. Not only this, but it will be difficult to apply for a new merchant account afterward.
US laws about the CBD Products
Until just a few weeks ago, CBD-based products were still listed as Schedule I drugs by the Drug Enforcement Agency (DEA), effectively prohibiting their sale, transportation, or use under Federal law. However, many states (33 as of this writing) have passed medical marijuana laws which legalized the use of marijuana and CBD-based products for medicinal purposes. Several other states have gone even further, legalizing marijuana for recreational purposes and removing all prohibitions against CBD-based products.
The recently-passed 2018 Farm Bill changes all of that. Under this legislation, which was signed into law on December 20, 2018, hemp-based products (defined as containing less than 0.3% THC) are now removed from the Schedule I list of controlled substances. However, you must be a licensed grower and comply with all applicable Federal and state laws to produce and sell your product legally. With so many variations in state laws, it’s well beyond the scope of this article to attempt to cover them all. We recommend that you look into the laws of your state and consult with an attorney or qualified consultant to determine the specific requirements that apply to your business.
Why We are different From Others..
We strongly believe that CBD vendors have the right to own merchant accounts and carry out credit card processing for their CBD business just like low-risk businesses. Also, as you go about finding a perfect merchant account solution and a superb payment processor, it is important to verify that the solution you obtain easily blends in with your everyday business operations.
Our Processing System includes the following services: –
• Dedicated Support for the clients.
• Account confirmation within 2 days.
• Quick Payment Process for the merchants.
• Processing at very low rates.
• All type of card is accepted.
