purepay cbd processing

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 is 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. 

 

How do i get CBD Merchant Accounts?

PurePay provides CBD merchant accounts for e-commerce merchants with the best terms on the market and we ensure you get a bank specializing and understanding high risk industries like CBD. Call us today if interested in getting CBD merchant accounts at + 45 50 19 03 23, or simply click the button to get started.

PurePay’s solution is available for e-commerce businesses, offline businesses and more.

  • Business bank statements from the last 4-6 months required showing company name, total sales, chargebacks/refunds and returns.
  • Merchants needs to minimum do 4.000 a month.
  • Start-up businesses is welcome but will require more informations than above.

What Costs are Associated with CBD Merchant Accounts

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

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

Why is CBD defined as high risk

Acquiring banks labels 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 remains 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 an very appealing option for patients.https://purepay.eu/cbd-processing-help/

Benefits of CBD products

With studies still going on for many different purposes CBD could interact and help with these are a few of proven benefits:

  • 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 that you have a clear understanding of not only what CBD is and why it is high risk, you know now understand why PurePay is your best choice to help you. We understand your needs and business like no other and we will work 24/7 for you and to get you the best terms.

So get in touch with us today!