The Best Payment Processing Solutions for 2024
Best Credit Card Processor for the CBD & Cannabis Industry
Only through our FDIC-insured banks in the United States, can merchants receive credit card and debit products at the best pricing in the industry. *True interchange plus pricing.
*CBD gummies, snacks & drinks
*CBD-infused bath bombs and salts
*CBD-infused topical rubs and lotions
*Hemp flower & pre-rolls
*THCa, THCp, Distillates, Isolates, Terpenes & HHC
eCommerce (Website) Transactions
Rates as low as 3.3% plus 0.30¢ per transaction
Customer Present *Retail Transactions
3.49% plus 0.20¢ per transaction
Bank underwriters will inspect the merchant’s website to ensure strict compliance with major card brand policies relevant to hemp products, FDA, and FCC regulations.
KYC & AML Regulatory Compliance
KYC (Know Your Customer) and AML (Anti-Money Laundering) are crucial components of a financial institution’s compliance program.
KYC refers to the process of obtaining need-to-know information about a customer and verifying their identity, while AML pertains to an institution’s entire program for preventing money laundering, terrorist financing, and other financial crimes. Both are essential for preventing fraud and ensuring the integrity of the financial system.
Website Must Be "live" Or Password Accessible
Your must website content must be visible for inspection purposes.
Unsubstantiated Health Statements Are Prohibited
Statements Cure Or Remedy of Disease Is Prohibited
Websites Must Have Published Policy Pages
FDA Disclosure Statement
Must be published in the footer section of a website. Sample content is provided below.
The statements made regarding these products have not been evaluated by the Food and Drug Administration.
The efficacy of these products has not been confirmed by FDA-approved research. These products are not intended to diagnose, treat, cure, or prevent any disease.
All information presented here is not meant as a substitute for or alternative to information from health care practitioners.
Please consult your healthcare professional about potential interactions or other possible complications before using any product. The Federal Food, Drug, and Cosmetic Act requires this notice.