For several years, setting up a CBD eCommerce store has been one of the prevailing issues people who are interested in the business face. Today, based on federal law legalization, there are several CBD merchant processors you can trust to partner with. This article will update you on the best CBD merchant and recommend their platform to topical CBD product sellers. The following CBD merchant processors are highly placed in the industry:
Emerchant Broker, with the acronym EMB, is a reputable high-risk specialist and CBD accounts merchant provider. Hence, the company will always get mentioned as one of the cost-effective CBD merchant processors. The company has the workforce and the right tools and technology for all kinds of payment processing needs. EMB offers unique processing solutions that are suitable for any CBD merchant. As one of the best CBD merchant processors, the company has a leveled and customized pricing structure; hence it can take CBD e-commerce business of any size. The company can serve both high risk and standard CBD oil businesses.
If you are a CBD business start-up or your turnout sales volume is less than $5,000 monthly, you should consider Square as the most affordable choice and CBD merchant processor. Square decided to become a merchant processor in the CBD business in 2019, and since then, the company has proven to be highly successful and trustworthy. The transparency of their pricing makes it easy for CBD merchants to get accurate estimates of what it will cost to use their unique services. As one of the best CBD merchant processors, they operate on a pay-as-you-go basis.
Instabill has been lauded for several years as one of the best CBD merchant processors, and the company is not stopping until it reaches the peak of its objectives. The company is a high-risk and international/offshore merchant account processor, and their excellent solution is available for e-commerce merchants at competitive market rates.
Lastly, Payment Cloud is a popular CBD merchant processor. The company has the highest approval rates of all CBD merchant processing and payment solution. When you integrate their tool into your brand asset, business owners can track sales and analyze reports with ease. Payment Cloud can be integrated into any shopping cart, and it’s extensively compatible. The company has been operating since 2010 and specializes in partnering with high-risk businesses that rely on third-party processors. However, the company does not disclose their rates and associated fees, yet the acceptance rate by CBD merchants is incredible as each account owner gets a free virtual terminal.
We’ve mentioned four companies that have proven to be outstanding in the CBD merchant processing niche, and one peculiar thing is that they are full-fledged merchant account processors. Perhaps, they are worth to be profiled in the list of the best CBD merchant processors. As the legality of CBD oil is gaining ground across countries, then it is crucial to secure a stable and prosperous partnership from any of the merchant processors mentioned above.