Start your journey with Paymt Pro
Providing robust payment processing gateways, empowering businesses with seamless and secure transaction capabilities
What to Know
Are you seeking a secure payment processing solution for selling CBD or Hemp products online? The challenges faced by CBD businesses in payment processing are not uncommon, stemming from factors such as reputational risk, legislative considerations, and the potential for chargebacks. Traditional banks and payment processors may exhibit hesitancy in extending services to these businesses, driven by concerns related to regulatory implications associated with transactions involving cannabis-related products. Moreover, credit card processors often impose restrictions on the categories of products they are willing to process payments for. The insufficient security measures implemented by many processors pose risks for both business owners and customers. To address these challenges, it is crucial to identify a reliable and compliant CBD hemp and ancillary cannabis payment processing system.
Features
What You Can Sell With a CBD & Hemp Merchant Account
Elevate your CBD and Hemp business with a dedicated merchant account, providing your customers with a dependable, secure, and compliant payment solution. By utilizing a reputable payment processor, you can expand your reach while minimizing risks, safeguarding your CBD business from potential fraudulent activities or chargebacks. Currently, we support a variety of CBD and Hemp products.
Some of the CBD and Hemp products we are currently supporting include:
- Teas
- Skincare
- Hemp oil (Pure isolate or Full spectrum)
- Pain relief sprays
- Supplements and capsules
- CBD pet products
- Edibles including gummies, chocolate, and lollipops
- Delta derived products (D8, D10, HHC, etc.)
Why the CBD Hemp and Ancillary Cannabis Industries are Viewed as High-Risk
U.S. Restrictions on the Sale of CBD or Hemp Products
As of 2023, the Food and Drug Administration (FDA) has stated that CBD cannot be considered a dietary supplement or food additive. Therefore, the FDA does not have any plans to regulate CBD in the near future. The laws surrounding CBD vary depending on the state. In most states, CBD is legal as long as it has less than 0.3% THC—which is the psychoactive ingredient. As you can see, the laws and regulations surrounding CBD are ambiguous and borderline confusing. That’s one of the reasons why it’s a high-risk industry.
Testimonials
From our customers
Join thousands of satisfied users who have transformed their finances.
Kevin T.
Paymt Pro has been a game-changer for our high-risk business. Their robust payment solutions have ensured smooth transactions and enhanced our financial security. We highly recommend their services!
Lisa W.
The team at Paymt Pro truly understands the challenges of high-risk industries. Their customized payment processing solutions have significantly reduced our financial risks and improved our transaction efficiency. We're extremely satisfied!
David H.
Paymt Pro’s secure and reliable payment processing services have been instrumental in our growth. Their expertise and tailored solutions have made a significant difference in how we handle our financial transactions.
Emma P.
We were struggling with payment processing issues until we partnered with Paymt Pro. Their professional and efficient solutions have given us the confidence to expand our product range and reach more customers
James K.
Paymt Pro’s commitment to security and reliability is evident in their services. Their tailored solutions have streamlined our payment processes, allowing us to focus on providing excellent travel solutions to our clients.
Sarah J.
Working with Paymt Pro has been a seamless experience. Their secure payment processing solutions are perfectly suited for our high-risk business, and their support team is always ready to assist us with any concerns. We highly recommend their services!
John D.
Paymt Pro has transformed our payment processing system. Their secure and reliable solutions have given us the peace of mind to focus on growing our business. We couldn't be happier with their service!
Rachel M
Switching to Paymt Pro was the best decision we made for our business. Their reliable and secure payment processing services have streamlined our operations, making it easier for us to serve our customers efficiently.
Samantha L.
Navigating payment processing in a high-risk industry was challenging until we found Paymt Pro. Their tailored solutions have made transactions seamless and secure, allowing us to expand our operations with confidence.
Michael R.
Paymt Pro’s expertise in high-risk payment processing is unmatched. They understand our unique needs and have provided solutions that significantly minimize risks. Their support has been invaluable to our financial operations.