CBD business owners rejoice! Avid Merchant Services has you covered. We specialize in providing cutting-edge merchant accounts for your business, with secure payment processing and simple application requirements. Our extensive suite of payment solutions and seamless integration options make it easy for you to get started. Contact us today to find out more!
To accept credit cards, debit cards, and other popular payment methods for your CBD business, you need a merchant account – a unique bank account where your transactions will be deposited.
Getting a merchant account is easy. Simply fill out our contact form and one of our account managers will get in touch with you.
After they have assessed your business details, your dedicated account manager will guide you through the payment solutions that are most beneficial for your operations.
Once you have decided on a solution, your account manager will secure and customize it for you.
After approval, you can start processing payments as soon as the next day.
We provide assistance to businesses that sell traditional CBD and hemp-derived products within the 0.3% THC threshold and are operating in locations where cannabinoid-derived products are legal. The following products are supported:
At Avid Merchant Services, we offer payment processing solutions for CBD merchants across all business models. Our state-of-the-art payment gateways and virtual terminals make it easy to accept secure online and card-not-present payments. Our retail payment solutions offer stylish and easy-to-use stationary and mobile card readers for brick-and-mortar storefronts. Choose Avid Merchant Services for the best payment processing solutions for your CBD business.
To apply for a CBD merchant account, you will typically need to submit the following documents:
– A government-issued photo identification
– A signed merchant application
– A voided check or bank letter
– Three months of bank statements
– Three months of processing statements –
-An up-to-date certificate of analysis (COA) for your CBD products
– A list of your suppliers for CBD products.
To provide you with the best possible guidance, we ensure that our team is well-versed in the regulations governing the CBD industry and the requirements for CBD payment processing.
Once one of our experienced account managers secures a CBD merchant account that meets all mandatory compliance standards, you can start processing payments without any hassle.
Many payment aggregators such as Stripe and PayPal do not allow CBD sales on their platforms.
And even if you partner with other payment service providers, such as Square, that do allow CBD sales, your account may still be at risk of termination after review.
That’s why partnering with a merchant service provider that specializes in high-risk industries, like CBD, is crucial to running a successful business.
As a merchant services provider that operates at the forefront of the CBD industry, we have successfully secured thousands of merchant accounts for CBD entrepreneurs.
When you partner with Avid Merchant Services, you also gain access to our extensive network of payment solution providers, which we have developed over the years in the industry.
With Avid’s resources, CBD merchants like you can get approved faster, easier, and at the most competitive rates possible!
In addition to offering affordable CBD merchant accounts, Avid can also integrate with the software, systems, and tools that you already use for your business operations.
We have partnerships with top payment gateways such as Authorize.net, NMI, and USAePay that integrate smoothly with popular eCommerce platforms.
Although we can work with almost any website platform or gateway, we have listed some of the most popular website builders that we work with below:
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