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

Merchant Services Q&ACategory: CBD Merchant AccountCan I get a retail credit card processing terminal for CBD oil sales in the USA?
Bankim Chandra Staff asked 5 months ago
1 Answers
Bankim Chandra Staff answered 5 months ago

You must be aware that CBD oil Merchant Processing in USA is not stable. There are various resons behind the same but 2 major factors are listed below

  • Govt Regulations
  • Most Banks do not like to associate with this industry

So what is the solution. 
The rules, views and risk appetite of processing companies are variable and keep changing so the best approach will be to apply with credit card processing companies that cater to other high risk industries. These companies also provide retail credit card terminal. if at the time of your application they are ok with the industry then you may get a solution. Honestly for the USA market the only correct approach will be hit an trial.
Quadrapay works with multiple processing companies in the USA. If you want we can send your application to our preferred retaiul card processor. Whatever the response is we will let you know asap.
Hope this helps