CBD & Hemp Products We Support
At High-Risk Match, we support businesses selling a wide range of traditional CBD and hemp-derived products, as long as they fall within the 0.3% THC threshold and are sold in states where cannabinoid products are legal. Products we support include:
- CBD for Skincare
- Tinctures & Oils
- CBD Supplements
- Beauty Products
- Pain Relief Sprays
- Hemp Oil
- Pet-Friendly CBD Items
- CBD Ingestibles
- CBD Drinks
Why Is the CBD Industry Considered High-Risk?
CBD and hemp products are classified as high-risk by payment processors due to several factors:
- Legislation and Regulatory Complexity
The 2018 Farm Bill allowed states to set their own rules for CBD, creating a patchwork of state-specific laws. This regulatory complexity makes many payment providers cautious about working with CBD businesses. - Unverified Claims and Chargebacks
Due to unmet expectations and limited scientific research, the CBD industry has higher chargeback rates, which pose risks to payment processors. - Payment Processor Restrictions
Many mainstream processors like Stripe and PayPal do not allow CBD sales. Partnering with a high-risk payment processor like High-Risk Match ensures your business won’t face unexpected interruptions.
CBD Merchant Account Types
At High-Risk Match, we offer customized solutions for every type of CBD business:
- Online CBD Sales
We provide secure payment gateways that allow you to accept online payments for your CBD products. - Retail Storefronts
Our retail payment solutions include stationary and mobile card readers for in-store payments. - Over-the-Phone Payments
Our virtual terminals allow you to process payments securely over the phone or via email.
Understanding CBD Credit Card Processing Rates & Fees
CBD credit card processing rates typically range from 2.95% to 5%, depending on factors like business risk level and whether you sell online or in person. At High-Risk Match, we offer competitive rates with transparent pricing and no hidden fees. Your dedicated account manager will provide a detailed pricing structure during onboarding.
What Is Required to Get a CBD Merchant Account?
To secure a CBD merchant account, you’ll need the following documentation:
- Government-issued photo ID
- Signed merchant account application
- Voided check or bank letter
- Three months of bank statements
- Three months of processing statements (if applicable)
- Certificate of Analysis (COA) for CBD products
- List of suppliers for your CBD products
Your account manager will guide you through the approval process, ensuring a seamless onboarding experience.
Industry-Specific Risks and Solutions for CBD Businesses
The CBD industry faces unique risks that require specialized solutions. Here’s how High-Risk Match helps mitigate these risks:
- Compliance with Changing Regulations
We stay up to date with CBD regulations to ensure your payment systems remain compliant. - Chargeback Protection
We offer chargeback mitigation tools to help you reduce disputes and protect your revenue. - Fraud Prevention
Our advanced fraud detection tools help safeguard your business from unauthorized payments and fraudulent transactions.
CBD Payment Gateways for Seamless Integrations
High-Risk Match supports payment gateway integrations that sync with your existing software. Our solutions integrate seamlessly with platforms like:
- BigCommerce
- WooCommerce
- Shopify
With our seamless integration, you can maximize your business’s potential without needing to overhaul your existing systems.
Why Choose High-Risk Match for CBD Payment Processing?
Here’s why thousands of CBD businesses trust High-Risk Match:
- Fast Approvals: We expedite the approval process so your business can start accepting payments quickly.
- Secure Transactions: Our PCI-compliant systems protect your business from fraud and data breaches.
- Competitive Rates: Transparent pricing with no hidden fees.
- Dedicated Support: Our expert account managers provide ongoing support to ensure your payment processing runs smoothly.
FAQs About CBD Credit Card Processing
What Is CBD?
CBD (Cannabidiol) is a naturally occurring compound found in cannabis plants. It is non-psychoactive and has been reported to offer potential therapeutic benefits such as reducing anxiety and relieving pain.
Is CBD Legal?
CBD products containing less than 0.3% THC are legal in all 50 states, but state-specific regulations still apply.
Can I Sell CBD Online?
Yes, you can sell CBD products online with a CBD merchant account and by complying with industry regulations.
Why Is CBD Considered High-Risk?
Legislative uncertainty and high chargeback rates make CBD products high-risk for payment processors.
What Is the Best CBD POS Software?
We recommend PAX POS software for its user-friendly interface and stylish devices, though we support other platforms as well.
Case Study: How Charlotte’s Webb Streamlined Their Payments with High-Risk Match
Charlotte’s Webb faced inconsistent payment processing and high chargeback rates. After partnering with High-Risk Match, they experienced faster approvals, reduced chargebacks, and a 29% increase in online sales within three months.
Start Accepting CBD Payments Today with High-Risk Match
Ready to secure reliable payment processing for your CBD business? Partner with High-Risk Match for fast approvals, secure integrations, and competitive rates.
Contact Us Today!
Phone: 1-877-242-2009
Email: info@highriskmatch.com
In the high-risk world of CBD, trust High-Risk Match to provide secure, compliant, and cost-effective payment solutions.
