High Risk Payment Processors Cbd

The reason for this is because the fairly new industry is prone to payment card fraud and charge backs.

High risk payment processors cbd.

Cbd merchants have had issues obtaining a legitimate credit card processing payment processing solution. First an ecommerce cbd sale is an online sale. As an industry that hovers around a legal grey area only a handful of cbd payment processing services will be willing to take the risks associated. The company s products include credit card processing ach processing an online payment gateway merchant cash advance and a chargeback management system to help merchants dispute and resolve chargeback claims.

Businesses can find themselves labeled as high risk for any number of reasons but for cbd products the main three reasons are 1 unsubstantiated claims regarding the. Why is cbd merchant processing considered high risk. Featuring 24 48 hr approvals next day funding. Hundreds have turned to leap payments for a cbd merchant account and high quality service to take their cbd oil and hemp related businesses to the next level.

There are several other factors that deem cbd a high risk in the payment processing realm. Emerchantbroker is a los angeles california based company that offers high risk e commerce processing solutions including cbd oil merchant accounts. Cbd payment providers that devote themselves to high risk clients should have a strong track record of working through tricky legality issues involved in your business. Meaning the sale is processed as a card not present transaction which is inherently high risk payment.

As you might expect the processing industry has placed cbd products firmly in the high risk category making it much more difficult and expensive to get a merchant account.