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Big News: Credit Card Processing for All Legal Products In Every Industry Sector.

  • Accept all major credit cards & debit cards.
  • Accept payments in-store, online, through a mobile device, tablet and email invoice.
  • No Application Fee.
  • No Setup Fee.
  • Next-day settlement of Funds
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Program features

Our payment processors use blockchain technology to provide lightening fast on and off ramp transaction settlement into the merchant's bank account.

When a customer makes payment by credit card or debit card, that transaction becomes a tokenized stablecoin. In less than a fraction of a second each transaction is converted from stablecoin-to-fiat currency for settlement.

Merchants can see and verify settlement of funds within 60 seconds.

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The FDIC-insured sponsoring bank associated this new program is an Acquiring bank, a member of MasterCard’s Interbank Card Association (ICA) and they own a ‘BIN’ (Bank Identification Number). 

Only licensed financial institutions, third party processors, and acquirers are members of the Interbank Card Association (ICA).

ICA members are allowed to acquire business in need of payment processing, oversee merchant activity and settle transactions in compliance with MasterCard rules. 

All of this verbiage simply means that you’re are dealing with a rock solid, FDIC-insured US domestic bank offering a service that requires no upfront investment on your part.

4.95% plus $0.30¢ per transaction with a monthly recurring payment gateway fee of $7.50 per month

More competitive pricing may be offered to established merchants with previous processing history excess of $50,000 per month or more.

 

*If selling hemp derived minor cannabinoids and delta 9/10 THC – Merchants must publish valid Certificate of Analysis for each product sold. The laboratory-issued COA must reflect THC content not greater than 0.30% Delta 9 THC, THCA, and total THC. If hemp flower products contains THC greater than 0.30% D9 THC, THCA, or Total THC that product cannot be sold on this program and must be removed from the website.

Rates & Fees

Full Disclosure

$ 0
00
No application fee or deposit required
  • 4.95% plus $0.30 cents per transaction.
  • Payment Gateway. *Monthly recurring fee $7.50
  • Next day (24 hour) settlement of funds
  • No rolling reserve security holds on funds
  • Payment gateway seamless integrates into over 60+ popular website builders.

Underwriting Requirements

  • Submit a signed Merchant Application.
  • Permissible products include; nutraceuticals, hemp-derived CBD, hemp flower, minor cannabinoids (delta 8, d9 and d10), THCa, THCb, THCo, HHC, distillates, isolates, kratom, and kava-kava.
  • Submit three (3) months of complete bank statements and 3 months of merchant processing statements.
  • A copy of a voided check or bank letter.
  • Color-copy of a driver’s license, travel passport or valid government ID from each principal owners.
  • Submit a document or receipt showing proof of URL domain ownership.
  • Copy of business registration license.

Why Choose KJ ProWeb

KJ Proweb™ is an authorized Independent Sales Organization (ISO) representing a California-based merchant services provider that holds credentials as an FDIC-insured financial institution with its own Banking Identification Number (BIN), Interbank Card Association (ICA) membership credentials with MasterCard™ and its own in-house underwriting team. 

Unique Capabilities

ICA members are allowed to acquire new business in need of payment processing services, board accounts, oversee merchant activity and settle transactions in compliance with MasterCard rules. 

The acquirer processor is the link between the merchant and the card networks. An acquirer processor authorizes transactions and receives transaction settlement information. They also create the database of payments, or system of record, that ultimately means everyone is paid.

 These unique capabilities allow us to underwrite, approve and provision merchants classified as “high-risk” in a manner that traditional payment processors lack the ability to support.

Financial Strength

Our principal payments technology partner was established in 2008 and is best known as the first company to offer credit card processing to the vaping industry. Our partner bank manages over $600MM in monthly transaction volume for more than 40,000 businesses throughout North America and holds a triple AAA rating with the Better Business Bureau.

We offer credit card, debit, ACH and Check-by-Web processing solutions to businesses and entrepreneurs in the USA, Canada, Europe, Australia, New Zealand, and in developing nations.