CBD Merchant Account Services
If you are considering opening a CBD merchant account, you have come to the right place. The cannabidiol industry is rising in popularity as more and more benefits of CBD are discovered. The biggest obstacle when opening an account such as this one is that if the account is lost, no money can be made beyond that and it will be difficult to apply for a new account thereafter.
CBD oil merchant accounts are considered a high-risk merchant account and are susceptible to being shut down by either your CBD oil credit card processing company, bank or merchant account provider. Once you have a history of an account that has been shut down your chances of opening up a new one decrease. This is why it is important to pay close attention to who you hire to help you grow and expand your business.
Why Is CBD Rising in Popularity?
CBD oil, also known as hemp oil is rising in popularity in many US states. This is due to the various benefits that this synthetic marijuana oil has not only for human beings but also for pets. The reason that it is considered a high-risk industry is that it is not legal everywhere which is why it can become difficult to find a reliable, trustworthy CBD merchant account provider.
CBD oil boasts of many good sources including vitamin E antioxidants, magnesium, zinc, calcium, and many, many others. This oil offers protein-rich, polyunsaturated fatty acids to help lower cholesterol and improve the health of your brain and nervous system. Additional benefits include balanced hormones, improved mood, and can even be used for cosmetic purposes such as glowing skin and silky hair.
Not only is hemp oil ideal for humans, but pets will also benefit from the fatty acids within this substance. It is great to reduce joint pain, fight illnesses, and it will also improve the skin and coat of your furry friend. It serves as a muscle relaxant and is completely safe for consumption.
How We Can Help
At The Southern Institute we understand that when you are considering to launch a high-risk CBD business, it can be difficult to find a suitable supplier to open your CBD merchant account with. There are a few things that you can do to increase your chances of opening an account and we can help your company achieve these requisites.
As a merchant, you want to have a healthy processing history (at least six months worth). Additionally, you should also hold a high volume in order to be considered a valuable investment by a bank. Consequently, a strong financial record is important since it makes your company trustworthy. After all, a healthy, positive balance within your business account is what we are aiming for. Finally, a CBD merchant chargeback rate must be low.
The Southern Institute takes pride in offering domestic as well as international solutions for all the issues you may be experiencing within your business. Setting up a solid foundation for us is made simple! Our CBD merchant accounts will help your company grow and climb up the ladder in this industry. Even though it is considered to be “risky”, you can expect top of the line service from us.
In addition to our CBD merchant accounts, we will keep your business running smoothly by using our fraud prevention tools, payment gateway, and banking connections. We are experienced in several different areas and hold a large understanding of how the CBD industry works. Because high risk and CBD merchant accounts are our specialties, we can get you processing and on the road to success.
We could not provide the services that we do without our prepared and dedicated team of professionals. Experts in their craft, they are always ready to offer fast payment processing solutions for all our clients. Ready to help prevent fraud, they make sure your business keeps up with all state regulations to avoid being shut down.
Our high-risk experts are excited to meet you, assess your company, and help it grow. They take pride in their superior customer service skills that keep clients coming back time after time. Hand in hand with CBD merchant account services, you can expect our qualified team to deliver great service in other industries such as travel agencies, fantasy sports, debt collections, among many other sectors.
CBD merchant accounts are our specialties and we can assure you that we will do all in our power to help you grow a strong and healthy business. A great selection, we encourage you to give us a call to speak directly with an account representative who can answer any questions or concerns you may have. We are excited to be a part of such a booming business and plan on the continued growth of our company to better serve you.
Our main goal is to boost the success of your CBD business by building a strong foundation that will streamline your merchant account. We plan to continue to expand our services around the globe in hopes to make payment processing easier for CBD merchant accounts. We are happy to take care of any issue you may be experiencing with one of our custom solutions.
While banks and other credit card processors make consider this a high-risk account, we are confident that with the continued evidence regarding the benefits of CBD oil, that they will eventually be viewed with less risk. In the meantime, we can offer CBD credit card processing to streamline your process and help you grow your company.
We encourage you to fill out an app for a merchant account. If you are visiting our website, this must mean that you are in need of trustworthy provider and we guarantee you quality service. Simply fill out our easy application for merchant accounts located down below. We look forward to working alongside you. Give us a call today to learn more about how we can help!