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It’s no secret, CBD and Hemp businesses have incredible difficulty securing reliable payment processing solutions. This put CBD merchants in a position that forced many to resort to setting up fake websites, fake businesses, or be dishonest about their actual business to obtain the merchant account. There are also many merchant account providers offering a “too good to be true” domestic CBD e-commerce merchant account with no reserves and low rates. These unscrupulous sales agents will tell you what you want to hear to only learn a month or two later, or sooner. In the event of a chargeback, your merchant account has been closed, your funds will be held for a minimum of 180 days, and worse yet, you are now on “MATCH”/”TMF”.
The affects of being placed on “MATCH” or devastating to the business and business owner.It is essentially being blacklisted from obtaining another merchant account under your personal and corporate information for a minimum of five years. CBD Merchant Account.com was established to be the official credit card processor for the CBD and hemp industry. Our company supports CBD merchants and the cannabis industry as a whole making it the optimal choice to get a legitimate payment processing solution, pay a competitive industry rate, and be completely honest about what you do and how you do it. The days of dealing with merchant service providers that claim they will get your account approved but then lie to their funding banks about your business are over.
You no longer have to worry if a processing solution will work, worry if your account will be forcibly closed, worry your money will be held for 6 months after it closes, or worry you could be placed on a TMF or MATCH list. Our funding banks believe like we do and the many great benefits an medicinal properties of CBD and Cannabis products. We look to spread the mission by allowing the sale throughout channels that otherwise would not be possible.