If you are reading this article, you probably already have a CBD business or are starting a new CBD/HEMP business online or offline. By now, you already know CBD is a high-risk business due to its uncertainty from the Federal perspective. Even the farm bill has passed, many banks still won’t accept CBD business to open an account with them. There are only a few USA Domestic banks allowing CBD/HEMP business. However, if the business owner has a felony history, the bank will not accept your application.
So how can one apply for a CBD Merchant Account and start processing credit card or accept ACH payment online or offline? You can directly apply here!
It doesn’t matter if you are a HEMP grower, CBD extractor, CBD Wholesaler or CBD retail store, you will need a merchant account to receive payment. Here are the few things you need to apply for a CBD Merchant Account. If you are a USA based company, you will apply for a domestic CBD merchant account. Otherwise, an off-shore merchant account will be available for you around the world.
What is required?
- Legal Business Entity – Sole-Propriater, LLC, S-Corp or C-Corp.
- A Bank Account – A bank account that shows the same name for business or the business owner’s name
- SSN/EIN – Both business entity’s employer identification number and the owner’s social security number are required
- Address – Both business address and owner’s home address are required. Absolute no mailbox address.
Why apply CBD Merchant Account with us?
Fast Approval
We approve merchant account in days. Not weeks!
Low Rate
We help you pay less and earn more with low process fee!
Multiple Solutions
We provide both domestic & offshore CBD payment solutions!
We have helped many small to large CBD businesses getting merchant account approved in days. Not weeks. We walk you through the whole application process. We will help and direct you on gathering all the information you need. We can even help you get a USA domestic bank account that accepts CBD business in all 50 states of the USA.
Frequently asked questions about CBD Business
For faster approval, the bank would like to see some amount of funding that supports your CBD business. There is no minimum requirement for domestic CBD business in the USA.
If you are selling CBD online, you need a functional web site to increase your approval rate. If you are starting up, you will need at least a domain name and a parked website on your hosting account. If you are selling offline with a retail store, you will need to provide the address of your retail store. The more information you can provide, the fast your account will be approved. Ask us what is required on your website in order to be compliant.
No. Unfortunately, PayPal, Square, Stripe, and FirstData will shut down your merchant account. It means you will no longer be able to sell your CBD products online and offline. Most of our clients shut down by Paypal, Square and Stripe end up accepting credit card payment with our domestic CBD payment solutions. So don’t wait. Start applying your CBD merchant account with us today.Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
We are here to help you getting your CBD merchant account approved. There are many popular CBD brand that you can purchase and resell. You can also create private label your products. As long as your CBD products are THC Free, you can sell across all 50 states in the USA.
We highly recommend hosting your CBD Online Store with Shopify or WooCommerce with WordPress platform. Both systems have a robust platform for running e-commerce for CBD business.