Despite the fact that CBD was fully legalized in 2018 because of the U.S. Farm Bill, traditional payment companies still see it as a high risk due to its close ties to the cannabis sector. Therefore, cannabis companies frequently employ the alternative CBD payment processor because of its higher risk classification.

Such companies are just as simple to use as any of the established payment processors while charging higher fees and having more business restrictions. Therefore, if you wish to learn more about them, you have to come to the right place. Keep on reading to learn about such alternative payment processing companies.


The Legality Of Marijuana And CBD In The USA

The Legality Of Marijuana And CBD In The USA
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By legalizing marijuana usage for recreational purposes in 2012, Colorado and Oregon set the bar for the push to legalize marijuana and cannabis. Despite the long history of medicinal marijuana, those jurisdictions were the initial ones to legalize and control recreational marijuana usage.

As a result, the cannabis market was effectively opened to the public, and many individuals flocked to get their hands on some “green gold.”

The business has been compelled to deal in cash or utilize the alternative CBD payment processor This is important since cannabis is still prohibited nationally. Banks and regular payment processors view it as a high-risk industry.

Why Are Alternative CBD Payment Processes Important?

Why Are Alternative CBD Payment Processes Important
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When a merchant is deemed high risk, they may be unable to use typical merchant account provider’s payment processing facilities. Therefore, some of the main reasons why many businesses are often labeled as high-risk businesses are:

1. Higher Transaction Volumes

Why Is The Best Choice For CBD Payments
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If the company has business transactions exceeding $20,000 per month, it can be considered high risk. This is also true if a company sells products for high prices, especially above the $500 mark.

2. Payment Can Be Made Internationally

A business that conducts numerous foreign transactions may be more vulnerable to fraud. This is because foreign transactions are difficult to track and show in the books.

3. They Only Require Lower Credit Scores

Low credit score merchants are almost always viewed as higher-risk businesses and are therefore only offered alternative payment processing.

4. New Companies Can Start Easily

If merchants have never accepted transactions previously or have limited historical records, it will be labeled high risk.

4. The CBD Industry Is Risky

The primary reason why high-risk businesses need CBD payment processor is because of the legal risks surrounding the CBD and hemp industry.

What Is CBD Payment Processor has been among the quickest-increasing firms in the credit industry since 1997. High-risk merchant accounts are one of our areas of expertise. Their goal is to satisfy consumers and establish themselves as trustworthy suppliers.

They offer a vast countrywide network connecting merchant accounts with a reliable credit card processing solution through our processing banks. This affordable pricing makes it simpler for clients to maintain a flourishing business. Therefore, their live customer care is available 24/7 to help you!

Why Is The Best Choice For CBD Payments?

There are various alternative payment processors utilized by industries that are deemed high-risk. But, has created a unique CBD merchant account for the CBD sector.

They link CBD businesses to their platform for processing payments from CBD merchants. The following advantages are offered by when opening a CBD merchant account:

1. Clearer Transparency

Clearer Transparency
Image Source is up forward with the client about any expenses associated with processing payments. This is crucial for planning financial flow and creating budgets.

2. Intuitiveness

Image Source will only request documentation or information once the payment has been approved.

3. Many Payment Methods

Many Payment Methods
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Other than conventional credit cards and debit cards, accept payment options. This includes the like of credit cards and cryptocurrency as well.

4. Acceptance Of Carious Cards

Acceptance Of Carious Cards
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All of the major U.S. credit card issuers, including Visa, Mastercard, and American Express, are accepted by If you are using UnionPay or another non-U.S. credit card network, double-check.

5. Low Fees

According to, their rates are lower than those of other alternative payment methods. This can be a tremendous benefit because alternative payment processing is more expensive than the conventional payment processing method.

6. Protects You From Scams

Compared to others, high risk payment processor has a variety of fraud prevention measures to reduce risks.

7. Prevents Chargebacks

Whenever a card issuer requests payment for a contested or illegal transaction, a chargeback occurs. Special techniques are in place at to get rid of them.

8. Recurring Payments

Several alternative payment processors charge monthly or yearly fees, as was already explained. Automated recurring payments, either monthly or annually, paying is offered by, just as with any other SaaS service you could subscribe to.

9. Provides Payment Analytics

High risk merchant account delivers a range of analytical data relevant to your transactions and activities. This can help your business analyze the risks associated with our firm.

Becoming A CBD Payment Processor Merchant

Becoming A CBD Payment Processor Merchant
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Sadly, owing to the high risk associated with the cannabis sector, regular payment processors will frequently not be available to CBD retailers.

Instead, they must employ CBD credit card processing firms like They are one of many CBD merchant account providers. They function similarly to conventional payment processors.

However, there may be other criteria that the vendor or merchant must satisfy, such as:

  • Due to the greater risk, they should pay higher costs.
  • It may be necessary for a high-risk merchant to commit to lengthier contract periods.
  • In addition to a monthly or yearly charge, they can also be required to pay early termination charges.
  • High-risk merchant accounts require a rolling reserve, in which the payment processor keeps aside a specific amount of your profits. They continue doing this until they have further proof that your transactions were legitimate and not subject to chargeback.

For buying or selling CBD goods, you can utilize However, you might prefer using a different money transfer site for lower-risk transactions.


CBD payment processor received an A+ rating from Better Business Bureau (BBB) due to our history of providing top-notch service since 1997. In addition, they have also received honors over the years. Moreover, they have accrued a lot of satisfied clients over time because of the good services they provide. Unlike several businesses competing for your business, will only charge you a little upfront money to submit an application. They will not charge you anything to open a new account. Since the company wants to be your business partner, getting started is simple.

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Debamalya is a professional content writer from Kolkata, India. Constantly improving himself in this industry for more than three years, he has amassed immense knowledge regarding his niches of writing tech and gaming articles. He loves spending time with his cats, along with playing every new PC action game as soon as possible.

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