iPayTotal launches an exclusive industry-leading CBD processing solution, available to merchants who sell any form of cannabidiols (CBD). Any type of CBD merchant is welcome to apply for this payment processing service and can begin payment processing within one week. We help CBD shops find the credit card processing solution that best meets their business needs.
Merchant account solutions for CBD OIL are considered to be high risk in the online merchant account world due to the nature of how the oil is cultivated; this sends the banks and lenders an immediate red flag and your CBD oil merchant account is deemed as a high risk right from the get-go. This doesn’t mean you’re out of luck when it comes to eCommerce and payment processing online (also known as card-not-present transactions), it just means that you need to choose the right company to handle all your needs for CBD merchant processing.
CBD merchants now have the opportunity to process credit card and debit card payments at the lowest rates in the industry.
CBD has been a controversial product due to its association with the cannabis plant. The issue stems from whether the source of CBD is hemp-derived and legally protected by the Farm Bill, or marijuana-derived and legal in that state.
With iPayTotal’s solution CBD shops are able to take payments safely, securely and with true confidence in their processor. This processing solution features quick and easy approvals, particularly for CBD merchants with an uncomplicated processing history. Approved merchants can begin processing payments within one week of approval.
The main focus points of the solution are
• All underwriting and risk decisions are made in house .
• Reduced payment processing rates because we understand the perceived reputational risks associated with CBD transactions.
• We already provide credit card processing for hundreds of CBD product distributors, manufacturers, and retailers .
• We are actively boarding CBD product companies ranging from start-ups to the largest companies in the industry.
- Month to Month No Contract, No Early Termination Fees
- Easy to Use Virtual Terminal. Fully Featured Payment Gateway Setup. Mobile Swipe Processing Available.
- Solutions Available for Cannabis Merchants, Legal/Licensed Medical Marijuana Companies.
- You will be Boarded with a CBD Friendly Bank. No Fears about being closed, denied, shut off for your business type.
Whether you’re a start-up trying to sort out your payment processing needs, or are a big player in the CBD world looking for better rates and services, iPayTotal can help you. Get in touch with us, and we’ll make sure your business is linked up with the best in the industry.
Windsor Avenue London
England SW19 2RR
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