If you need a merchant account, considering expanding to new
cross-border regions, or if you can not get more information about the
different solutions, you can help. Are you looking for a solution for your
"high risk" business? We can help you with this too at ipaytotal.com.
CBD Merchant Account is proud to launch the exclusive cbd payment
processor and low cost partner for the CBD and hemp industry. The products
of CBD and hemp are currently in a gray area where government and financial
institutions are not labeled as illegal, but do not have the backing due to
marijuana associations. It has been particularly difficult for CBD companies to
find a reliable source for payment processing.
Although we are a new company, our team is made up of
experienced industry experts highly experienced in the steam, vapor and e-cig
market. We are focused and dedicated to service the CBD and Hemp businesses and
invite you to partner with us to allow the CBD merchant Account.com to process
your payment transactions.
When it comes to banks, they rank companies in certain
industries, as well as in many online businesses, as high risk for several
reasons. One of the reasons has to do with a lot of chargebacks. The refunds of
the credit cards of the companies must be paid by the companies to cover the
losses caused by the facts in dispute or fraudulent.
The merchants are considered high risk according to the
subscription guidelines of the banks. That is the reason why different
financial institutions or processors calculate risk differently. Basically, the
risk is determined based on chargebacks and fraud. The more associated with
chargebacks, the greater the risk.
Cannabidiol, abbreviated as CBD, is one of at least 113
active cannabinoids identified in cannabis. CBD or cannabidiol is a compound in
marijuana that offers many benefits without any effect. Health experts are
describing the benefits of cannabidiol as extraordinary. It is a job of
prevention or for epilepsy, forms of cancer and depression, and more.
The fact that CBD is manufactured from the hemp plant makes
the industry a high risk. This means that traders in the field can not ensure
payment processing for CBD businesses easily. That is why it is essential to
use a reputable credit card package such as ipaytotal.com to
obtain approval for CBD merchant accounts without challenges.
With so many states that allow medical CBD and recreational
use today, the demand for payment processing in this pseudo marijuana industry
is growing. However, many banks and other financial institutions consider that
this industry is too high risk or is damaging to their reputation, so they are
reluctant to handle any type of payment processing for CBD traders. This has
led to a crisis with companies offering CBD, hemp products, vaping equipment
and other options related to marijuana, and then those companies end up
frustrated and losing sales.
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