CBD Merchant Account and Credit Card Processing - PurePay
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Best Services of CBD Merchant Accounts and Credit Card Processing - PurePay

CBD Merchant Accounts - PurePay

CBD Merchant Accounts

CBD processing is a lot of things as CBD can be integrated into oils, gummy bears and creams to say the least.

Times are changing and the world is catching up

With goverment, local and state law makers waking up to the CBD effect on deceases, pains and more. It seems that also banks are opening their eyes to a vastly growing market. Even thought 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. 

What Costs are Associated with CBD Merchant Accounts

Fees that PurePay will charge depends on factors like Processing history, method of sales, Countries, Volume of sales, and products. All CBD Merchant Accounts are unique but included terms stays the same for most:

Merchant discount rate

  • Transaction fees
  • Merchant Discount Rate
  • Monthly gateway fee
  • Four and a Half – Six-month rolling reserve (Depending on bank)
  • Chargeback fee
  • Refund fee

With History

If you are already processing sales online, we will match your offer. PurePay offers top-notch pricing but even better service and care.

  • Merchant Discount Rate: As low as 2%
  • Transaction Cost: 0.20 GBP – 0.30 GBP
  • Refund Cost: 0.30 GBP
  • Chargeback Fee: 30 GBP
  • Gateway Fee: 30 GBP per month
  • Onboarding Fee: Free
  • Volume Limits: None
  • Rolling Reserve: 0% – 10% depending on history
  • Payout Schedule: Daily
  • Minimum volume accepted: 30.000 per month
 

Start-up

We support start-ups so no need to worry, we will get you approved. We can have you pre-approved in 48 hours.

  • Merchant Discount Rate:  4%
  • Transaction Cost: 0.25 GBP – 0.40 GBP
  • Refund Cost: 0.30 GBP
  • Chargeback Fee: 50 GBP
  • Gateway Fee: 50 GBP per month
  • Onboarding Fee: Free
  • Volume Limits: None
  • Rolling Reserve: 10%
  • Payout Schedule: Daily or Weekly depending on volume
  • Minimum volume accepted: 15.000 per month
All pricing is for start-ups and can be renegotiated after 6 months of proven history with us

Why is CBD defined as high risk

Acquiring banks label CBD oil as a high-risk industry since it is extracted from the hemp plant, and even though it barely contains traceable amounts of THC. Possession, sale and use of marijuana remain illegal in North American, Europe and Asia, some acquiring banks are cautious of offering payment processing solutions for such, despite the many health benefits of CBD.

What is CBD?

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.https://purepay.eu/cbd-processing-help/

Benefits of CBD products

With studies still going on for many different purposes, let’s discuss a few of proven benefits of CBD:

  • Inflammation
  • Pains
  • Anxiety
  • Psychosis
  • Seizures
  • Spasms
  • Conditions without disconcerting feelings of lethargy or dysphoria.
With time more and more studies will conclude or dismiss other conditions like arthritis, diabetes, alcoholism, MS, chronic pain, schizophrenia, PTSD, depression, antibiotic-resistant infections, epilepsy and even cancer.

PurePay As Your Partner

Now you have a clear understanding of not only what CBD is and why it is a high risk, but why PurePay is the best choice for CBD Merchant Accounts. We understand your needs and business like no other and will work 24/7 for you and to get you the best terms.

So get in touch with us today!

Sign up with PurePay today

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2018 – 2020 – We have been helping merchants obtaining credit card processing for their businesses