The fastest, safest and legal way to sell hemp-based CBD products online with no risk of getting shut down.



December 14, 2019

KJ Proweb™ is pleased to announce that we hold a directly ISO/representative agreement with a nationwide Merchant Services Provider (MSP) and two US domestic hemp-CBD friendly banks. We now offer full service credit card processing solutions for the high-risk industry.


Approved Products

  • Legal Hemp-flower (not seed, just flower)
  • CBD Oils & Tinctures (human & pets)
  • CBD Topical Creams
  • CBD Salves and Rubs
  • CBD Isolate Powder
  • CBD Gummies & Sport Drinks
  • CBD Vapes


Prohibited Products

  • No CBD infused food products may be sold via interstate commerce pursuant to federal law.
  • Federal law strictly prohibits marketing CBD products as a ‘nutritional supplement’ or ‘dietary supplement’. Any verbiage on your website or product label must be changed/corrected prior to submitting an application for approval.
  • No recreational drug paraphernalia. No glass, no pipes or vape hardware.

Absolutely no unsubstantiated medical claims. No statements associating hemp-CBD as a potential treatment, cure or remedy for any health issue.

Your application will be put on hold until all non-compliant content is corrected.


Rates & Pricing

  • 4.95% flat rate + $.20¢ per transaction (Ecommerce / Website Sales)
  • 3.95% flat rate + $0.20¢ per transaction (Retail Storefront / Brick & Mortar) Yes. We provide swipe terminals with built-in printers for retail stores.
  • $45.00 monthly gateway access and 24/7 customer support fee.
  • All four major credit cards and debit cards accepted (Visa, MasterCard, AMEX & Discover).

  • Next day settlement of funds after the sale
  • No ‘rolling reserve’ hold on funds
  • No risk of having funds seized or frozen
  • No limit on daily or monthly transaction volume
  • No early termination fee.
  • No contract cancellation fee.
  • We do not deal with off-shore banks.
  • Full support from two U.S. domestic sponsoring banks

 

 


Brand New CBD Start ups Gladly Accepted

  • Must be no less than 3 months old at the time of submitting an application for a merchant account.
  • Remove the words, ‘CBD’ or ‘hemp’ from your legal business name and URL domain.
  • Feature at least 5 to 6 non-CBD related products as visible and for sale on your website.
  • Have an active bank account balance of no less than $2,500.00 USD. *No exceptions.
  • Submit proof of previous business ownership management experience. Preferably, submit a one-page Executive Summary, a Business Marketing Plan with financial projections. *Additional terms and conditions of acceptance may be required on a case-by-case basis.


Website Compliance Guidelines

Make certain that your website is compliant with bank underwriting requirements prior to submitting an application for service. Here are the website compliance guidelines:

  • No images of marijuana plants, bud/seed or pre-rolled joints. Your application will be placed on ‘hold’ until your non-compliant website issue is corrected.
  • Website must be published at the time of submitting an application for service.
  • Age Verification Gate – must be activate.
  • All product ingredients must be published. Feel free to publish the product label featuring the complete list of ingredients on the same page as the product. Or, publish the ingredients as part of the COA Batch database.
  • Published Certificates of Analysis – laboratory issue Certificates of Analysis for each batch of CBD product sold must be published on the website. Preferably in the footer area as a COA batch database.

Required Policy Statements On Your Website

  • Terms and Conditions of Use
  • Refund Policy – must describe the conditions upon which a refund will be approved and the manner, method and time frame that funds will be received)
  • Return Policy
  • Shipping Policy
  • Privacy Policy
  • Valid SSL security certificate

Notice Concerning Recommended Dosage

 Hemp-derived CBD is not a a dietary supplement nor a drug. For this reason, the sponsoring banks require that any instructions regarding ‘suggested use’ or ‘recommended dosage be removed from the website or changed.

Replace any usage instructions with verbiage similar to the following: This product is non-toxic, contains no psychoactive substances, is incapable of causing a euphoric high, and is safe for humans or pets if ingested orally.

 


E-commerce platforms that we support


 

Click to Start the Application Process


SERVICE DISCLAIMER & LIABILITY WAIVER: Under no circumstances does submission of an application for a merchant, payment of a bank imposed application fee, a state-issued business license, a seller’s license, off-shore hot desk (if applicable), or any other fees — guarantee approval of your merchant application. The ISO/sales agent shall will not be held financially responsible nor liable for any costs, fees, business expenses or any losses if an application for a merchant account is declined.


INDEMNIFICATION & WAIVER OF RISK & LIABILITY

Merchant/Applicant agrees to indemnify, defend, and hold harmless KJ Proweb, its officers, directors, agents, employees and suppliers from and against any lawsuit, claim, liability, loss, penalty or other expense (including attorneys’ fees and cost of defense) they may suffer or incur as a result of (i) a bank, ISO/MSPs inability to delivery merchant processing services as described in a Enrollment Application for Service. This indemnification and waiver of liability includes, but is not limited to (ii) unforeseen actions on the part of a federal government agency that may place hemp-derived CBD products into a high risk or ‘prohibited category by major card brands, thus making it impossible to receive traditional merchant processing for the same. If you, the merchant/applicant do not agree with nor accept this Indemnification and Waiver of Liability in its entirety, do not apply for service.