Credit card processing for CBD oil and beauty products
Are you currently running, or about to launch a CBD e-commerce site? Then you’ve probably experienced plenty of frustration trying to set up credit card processing that works with your CBD site. Without the right CBD merchant account and payment gateway, you’ll end up with closed accounts and excessive fees – not to mention frozen funds once your gateway or processor realizes you’re selling CBD.
We love helping new and established site owners save money
Our philosophy is simple; charge CBD website owners low credit card processing rates, assist them with integration, treat them with respect, and provide fantastic customer service. Our, seemingly basic, recipe rewards us with loyal clients and awesome referrals. We are proud to offer CBD processing at low rates, with personal service. We will help you accept credit card payments for your CBD oil and beauty products in no time. We always offer up front, honest rates and we’ll only be a call away to give you any support or help you need.
Payment gateways that integrate with your shopping cart
You can rest easy knowing that we will provide you with the high-risk friendly credit card processing you need – with a payment gateway that’s compatible with your chosen platform. Regardless of whether you use WooCommerce, Shopify, BigCommerce, Wix, or another shopping cart, our credit card processing will integrate smoothly with your e-commerce software. Just remember to double check your site builder’s terms and conditions. Selling CBD-based products is a bit complicated – but we’ll make the credit card processing part easy.
Ready to kick off your online CBD-oil & beauty store?
At Tower Payments, we have years of experience helping high-risk merchants like yourself sell their products successfully online. With our expertise and experience helping CBD site owners with high-risk merchant accounts, online payment processing, and shopping cart compatibility, we’ll be able to give you the best deal. On top of this, for as long as you’re one of our customers, we’ll always provide you with one on one support whenever you need it. That’s our promise.
The online CBD business is booming – the time to launch is now
The CBD industry saw a whopping 80 percent growth in 2018, with the market rising to approximately $591 million in sales. In other words, now is the time to kick off your online shop. The demand is certainly there, and as long as you’ve engaged qualified legal counsel before launch and followed their advice, the regulations shouldn’t stop you.
Selling legal CBD-based products like beauty products and hemp oils (with low THC) online is still considered high-risk by the banks and processors that you’ll need – if you want to accept credit cards.
This high-risk designation means that you need to find a specialized merchant service provider that will support you. The good news is that this is where we thrive – in the world of stable, affordable, CBD credit card processing. At Tower Payments, we’ll help you accept and process credit card payments online for your CBD oils and hemp-based beauty products – without headaches, without hassle.
If you’re ready to start accepting credit card payments for your CBD oil and skin care products, contact us now. If you’d like to know more about selling CBD online and receiving credit card payments for hemp-based products, please check out the information we’ve outlined below.
When possible, avoid international merchant accounts
Reliable USA based credit card processing has always been a challenge for CBD merchants. While it’s certainly possible to sell and accept payments using international merchant accounts, it can often be costly. Not to mention the fact that there’s a high likelihood of credit card declines when a US customer tries to pay you through an international merchant account. These types of declines are called “soft declines” in the industry, and can wipe out a whopping 50% or more of your sales! You can read more about soft declines in this e-commerce daily news article. The article focuses on low-risk processing, but it still has some helpful information.
Low cost, easy set up, American CBD credit card processing
The good news is that we can offer you the credit card processing you need in order to sell your USA-based CBD products domestically, through a domestic solution. We can place you with a stable processor that will often save you quite a lot of money. Not to mention that you won’t experience all those pesky credit card declines that are caused by using an international bank. All you need to do is get in touch with us today, and we’ll take care of the rest. It’s easy, quick, and straightforward.
Save money on existing CBD credit card processing
If you are already up and running, but suffering from high fees and high declines because you are processing offshore, contact us today for a USA based merchant account and payment gateway. We provide credit card processing that is not only affordable, but that offers low decline rates and predictable cash-flow.
Why it’s a challenge to process credit cards for CBD-based online shops
As we mentioned earlier, selling CBD oils and beauty products isn’t the easiest. The reason is that CBD-based product sales are still in a high-risk category according to acquiring banks and credit card processors. Let’s quickly walk through why CBD e-commerce sites are considered high-risk by the payments industry.
Legal restrictions and regulations are part of the landscape
CBD, short for cannabidiol, is made from the cannabis plant. While CBD oils and supplements only have traces of THC (below 0.3%) and can’t be effectively used as recreational drugs, they’re often still associated with marijuana. While both come from the cannabis plant family, federally legal CBD sold in the USA is from the hemp plant, not the marijuana plant. Even though there’s merely trace elements of THC in CBD, there are legal restrictions and regulations in place that apply. As a consequence, this increases the general risk associated with selling CBD-based products.
The risk elements make it more challenging to find suitable merchant services for CBD site owners. However, we can provide you with the credit card processing and compatible payment gateway you need to sell your CBD products online.
Tower Payments focuses on hard to place products (and easy to integrate processing)
We specialize in offering credit card processing for high-risk businesses, across various industries, that work for a whole host of e-commerce software. Contact us today so we can start helping you accept credit cards online for your CBD oils and beauty products.
We will help your CBD-oil and beauty site accept credit cards right away
Don’t hesitate to contact us for high-risk friendly credit card processing, fair and honest pricing, and up-front terms. If you are in a rush, or ready to launch but were declined by PayPal or Stripe, let us know. We are happy to “put a rush on it.”
Contact Tower Payments today for CBD friendly processing
Use our contact form for a free one-on-one conversation to find the best high-risk merchant account that meets the needs of your business and your e-commerce software. We’re here to make it as easy as possible for you to accept online credit card payments for your CBD-based products. Just contact us and we’ll start helping your business with online payments right away.