Can I get a retail credit card processing terminal for CBD oil sales in Europe?

QuestionsCategory: CBD Merchant AccountCan I get a retail credit card processing terminal for CBD oil sales in Europe?
Bankim Chandra Staff asked 4 weeks ago
1 Answers
Bankim Chandra Staff answered 4 weeks ago

Yes you can but there are few terms and condition

  • The products that you sell should have THC% less than or equal to  0.2%.
  • The products that you sell should have lab certificates to display the THC percentage.
  • Its hard to get a retail cbd oil processing terminal for startups however for merchants with 1 year transaction history it will be easy
  • Keep in mind that processing companies may perform a store visit.
  • Keep your existing processing history if available. If you dont have card processing history but have excellent bank statement then they may consider on a case by case basis
  • The company should have good financial standing.
  • Merchant reputation should be decent.