CBD Oil Merchant Accounts

Being a CBD oil seller means you are considered a “high-risk merchant” to banks, which means finding a CBD merchant account or third party credit card processing can be difficult. Some companies will offer solutions, but at extremely high rates and with terms that are not ideal for your business and included extras that you don’t even need but are part of a package that you have to pay for. The options are to “take it or leave it” usually in that case. The Southern Institute is putting a stop to that with a merchant processing and payment gateway solutions that are favorable to many retailers.

Traditional banks often won’t work with the high risk. In fact, Visa, MasterCard, and American Express won’t process anything of suspicious circumstances. Unfortunately, that could mean a lack of payment options for your CBD oil business. Even though it is legal, the circumstances surrounding the legalities, like it has to be low-THC, derived from hemp, make it too risky for banks to consider. At the Southern Institute, we don’t shy away from high-risk industries. We are specialists with over 20 years’ experience in offering custom merchant accounts for CBD oil sellers.

We take a customer-centric approach in all that we do, meaning we put your needs first. When you contact us, you’ll get an expert underwriter asking you questions on your business needs. We will then work hard at finding a custom solution for your business and let you know the terms and rates in a way you will understand. If you are not sure it is something that suits you, that’s ok! Because we are working to find a custom solution, we can try to find something more suitable. You will have a dedicated account representative working hard on your merchant processing for CBD oil that you can always come to with any questions.

We take a customer-centric approach in all that we do, meaning we put your needs first. When you contact us, you’ll get an expert underwriter asking you questions on your business needs. We will then work hard at finding a custom solution for your business and let you know the terms and rates in a way you will understand. If you are not sure it is something that suits you, that’s ok! Because we are working to find a custom solution, we can try to find something more suitable. You will have a dedicated account representative working hard on your merchant processing for CBD oil that you can always come to with any questions.

With domestic and international trading, e-commerce is important. More people are using the internet to do their shopping, and if you don’t offer reliable credit card processing, then this can limit your business greatly. The Southern Institute specializes in e-commerce solutions, allowing your business to expand, even globally.

The Southern Institute’s aim is to offer merchant processing CBD oil retailers find suitable. This will allow you to offer a wide variety of payment options appealing to all customers. Contact us by using the form to find out more information, and our specialists will soon be able to help you get started.