How do I get E-Commerce Merchant Accounts?https://omniqorepayments.com/wp-content/uploads/2021/03/financial-charts-1024x683.jpg1024683adminadminhttps://secure.gravatar.com/avatar/f6b76faa6607e6c75641055f4bb3012c?s=96&d=mm&r=g
For some merchants, it can be very confusing how to obtain a merchant account for E-commerce Payment Processing. This is where we step in and make it very clear in regards to set up time, costs, and more.
What Costs are Associated with CBD Merchant Accountshttps://omniqorepayments.com/wp-content/uploads/2021/03/business-man-1024x576.jpg1024576adminadminhttps://secure.gravatar.com/avatar/f6b76faa6607e6c75641055f4bb3012c?s=96&d=mm&r=g
Cannabidiol (CBD) is a cannabis compound that has massive medical benefits, but will not make people feel “stoned” and can counteract the psychoactivity of THC. Fact is that CBD-rich cannabis is non-psychoactive or less psychoactive than THC-dominant strains which makes it a very appealing option for patients.
With government, local and state lawmakers waking up to the CBD effect on diseases, pains and more. It seems that also banks are opening their eyes to a vastly growing market. Even though CBD as a whole is new on the right side of the law, it seems that many are still debating whether or not it should be legal in many countries.
Merchant accounts for CBD processing are a focus of PurePay’s and we can help you find the right bank and the right terms needed to get you credit card processing.
Are you a new CBD business looking to accept credit card payments or an established business having issues with your current credit card processor? We can help.
Even if you can’t find your industry on our list, we can still assist you. So reach out to us today! If you are, you will most likely be labelled a high risk merchant, however, this does not mean that you can’t get credit card processing, it just means that your processing fees will be set a little higher and in most cases with a hold on your payments plus a rolling reserve. This might sound terrifying altogether but with high risk, there comes a risk on both sides, so as long as you treat your mids right, they will do the same back. PurePay believes that all business deserves to thrive and prosper.