How to ensure the processing of cannabis payment

CBD oil is increasing in popularity both in the UK and around the world. The press reports widely on the possible health benefits, but also the possible risks when using CBD products, so the sale of oil is controversial.

Processing of CBD cards

The industry can be profitable. However, securing CBD oil merchant processing can be incredibly difficult. Although it is currently legal, there are very few commercial banks that accept CBD merchant requests. The reason for this, understandably, is the enormous risk involved. When requesting the processing of the CBD credit card, it is important to wait until three weeks before your account is approved. It is also sensible to expect to pay higher rates and fees.

CBD payment gateway

Most CBD and hemp oil products are sold online through e-commerce outlets, so it is imperative to ensure the right payment gateway system. When working in any high-risk sector, the remaining PCI complaint is paramount to expedite trade. High-risk companies often receive a notification of their current failed CBD payment processing card to comply with compliance standards. Doing well is important, talk to us today.

Ensure payment processing of the CBD

At Merchant Advice Service, we work with companies that legally and ethically obtain CBD products and will not work with companies that do not comply with the law and compliance guidelines. The following will be evaluated upon request with any of our partners; commercial location, source of supply, shipping and sales, location restrictions and law of origin and location of the intended sale.

At Merchant Advice Service, we partner with experienced experts in both the processing of CBD and hemp payments. Our advisors can help you as long as you meet industry and account provider standards. Our service is free of charge.

When making a request to a CBD payment processor, it is essential that your case be packaged correctly, which gives you the best chance of being accepted. Below are examples of what would be expected of a successful candidate in a CBD oil merchant account.

IMPORTANT: cannabis oil merchant card service requests can only be accepted with products. We can not help merchants who sell above this level. Talk to our experts regarding your requirements to find the most suitable cannabis payment solution for your business needs.