This industry is ALWAYS changing, so as of today, here is where a lot of payment processors stand with the processing of CBD, D8, other hemp derived cannabinoids.
I will try to update as I receive ANYHTING regarding the industry.
Shopify shutting down Ecommerce for D8 Business? Use Wordpress, easier to navigate.
I work for Argyle Payments, and have about 4 diff. banks for CBD, D9 D10, HHC, THC-V,
Want a better rate? We can provide a detailed rate analysis comparing your current provider.
Not able to Accept AMEX? message me to know why, how we can provide that,
Starting a new business:
-Make sure you have an FDA Disclaimer on your site
- ALL products MUST have COA’s listed on the site. (not older than 15 months)
-Terms and Conditions, Privacy Policy, Shipping Policy, Return Policy.
-MUSt list states where product cannot be shipped (disclaimer) AND at checkout - 3 Months bank Statements for the business (3 months personal, if new)
- 3 months prior processing statements
-Drivers License
-Voided Check OR Bank Letter - Cant integrate into Squarespace (unless you use “Pinwheel”) which is an additional cost.
- If you are using WIX, we can integrate VIA PPS.
- Are able to process payments for Kratom
*Able to process for Amanita Muscaria - Cannot do THC-O
Any other questions, 805-728-9056, sean@argylepayments.com
We have been reviewing the merchant account statements very heavily from others in the industry and have determined that the rates and fees can be substantially reduced. In many cases, the savings has resulted in a 20%-30% decrease in monthly payment processing fees, ensuring that your funds are better utilized to further your operations and help you succeed even further.
I also have website requirements checklist, document checklist, everything you need to get started or pay less.
This is informational, so that if you are starting out, you know what you will need EXACTLY.