The CBD industry has enormous profit potential for bold entrepreneurs who are ready to tap into this growing market, but credit card processing for CBD products still remains one of the most frustrating roadblocks for store owners. Traditional payment processors often slam the door shut on CBD merchants by categorizing them as high risk. If you are serious about growing your business and want to grab your share in this lucrative market, then you must know how to find the right CBD payment gateway that integrates smoothly with your WooCommerce website.
Why WooCommerce Is Ideal for CBD Merchants
WooCommerce is one of the most popular e-commerce plugins when it comes to CBD websites. The combination of WordPress with WooCommerce gives CBD merchants a powerful advantage. just by simply installing the WooCommerce plugin on your WordPress website. You can convert your website from a regular site to a full-fledged e-commerce platform. How good is that? And the best thing is that the WooCommerce plugin is readily available on the WordPress repository.
Why we consider WooCommerce to be the best ecommerce plugin for CBD websites.
Complete Control: The open-source architecture of WooCommerce allows you to build your fully customized and compliant online CBD store.
Massive Flexibility: The plugin offers enormous flexibility, and you can easily integrate CBD-friendly payment gateways into it. The integration can be easily done by using ready-to-use plugins or APIs.
SEO Superiority: With WooCommerce, you get the most important tools that are required to dominate the CBD-related search rankings. We all know that it is becoming tough for CBD websites to run paid campaigns on different ad networks. This SEO feature of WooCommerce is basically the lifeline of thousands of CBD websites, not only within the United States but also across the globe.
Low Overhead: When you use WooCommerce for your CBD store, you do not have to spend money on paying those SaaS companies that offer you substandard websites and charge huge amounts of money every month. With WooCommerce, you can keep your website building and management costs under control.
But here is the truth: The e-commerce plugin alone cannot solve your payment processing challenge. Without a bulletproof CBD merchant account that is integrated directly into your store, you are at constant risk.
The Cold Reality: Most Mainstream Processors Will Shut You Down
Many big-name payment processors have strict anti-CBD policies. Whenever they get an application from a CBD merchant, in most of the cases they immediately reject it, and even if they approve the application, in a lot of cases they terminate the account once the risk starts increasing. The quick approval options generally turn into a nightmare for CBD entrepreneurs. Working with the wrong processor comes with some serious challenges, such as.
You don’t want to get funds frozen when you need them the most.
One day you wake up in the morning and check your email and realize that your processor has shut down your account without any notice.
Another problem is that if the processor does not comply with the mandatory regulations or is not fully aware of them, then it can attract legal headaches and potential financial losses as well.
The consequences of these challenges can be significantly damaging for your business. If you work with a processor that is not CBD-friendly, then there may be instances where your business can be crippled overnight.
The Winning Move: Partner with High-Risk CBD Payment Specialists
At this point, you need a high-risk CBD payment specialist like QuadraPay. We believe in eliminating the uncertainty and offering you a rock-solid solution on which your business can totally depend. All of our solutions are fully compliant and built for e-commerce and retail CBD businesses.
Unfair Advantages with QuadraPay’s High-Risk CBD Merchant Account:
With us, your application approvals are done in the fast mode. This is true even for startup CBD merchants.
You will have access to multiple processing partners, both domestic and offshore.
Our solutions come with proactive chargeback management and fraud defense tools that help you reduce the risk of chargebacks and extend the life of your merchant account.
Our processing partners proactively do compliance monitoring of your account, and whenever they see any challenge, they immediately get in touch with you and update you about the situation so that you can fix the gaps.
And on top of it, full WooCommerce integration comes with expert guidance. Our technical support team will guide you through the complete integration process.
With us, it isn’t only about getting approved; this is about building a long-term business stability plan.
Step-by-Step: Integrate Your WooCommerce CBD Store Like a Pro
Now let’s quickly explore how you can integrate your own store with a credit card processing solution.
Step 1: Lock In Your CBD Merchant Account
Start by applying with the high-risk processors that truly understand the CBD industry.
Next you will have to submit your business documents. These include the KYC document, COA (also known as product information sheet), business license, domain registration proof, etc.
Submit the application form with the KYC document, and the underwriting team will perform a strict risk assessment and later on give you the compliance approval if everything goes well.
Step 2: Install WooCommerce Payment Plugin
After getting a go-ahead from the compliance team, it is now the time for you to integrate the payment gateway plugin directly into your website.
The onboarding team will send you the API credentials, which you can very easily type in your WooCommerce interface.
You can add the ready-made plugin directly through your WordPress dashboard. In most cases, no technical knowledge is required, and if you need a helping hand, we are always ready to assist you.
Step 3: Fine-Tune Gateway Settings
Once the WooCommerce CBD payment gateway plugin is activated on your website, it is time for you to enter the API keys. The merchant ID and the security credentials will be forwarded to you by the compliance team.
Next, you can activate the advanced fraud filters. We want your website to be secure. We want to reduce the risk of fraudulent transactions on your website, and that is why we strongly recommend you use 3D Secure for maximum protection.
For CBD stores that sell to international customers, we encourage you to use the multi-currency processing option.
Step 4: Run Bulletproof Test Transactions
When the integration is complete and all other settings are done, it is time for you to check if the site is ready to accept orders or not. For this, you will run some test transactions. The processing company will provide you some test credit card numbers. Remember, at this stage you should not do any live credit card transactions and never use your own credit card to make the payment, as this can put your account under review.
After completing the test transaction successfully, it is time for you to open the doors to your customer.
Step 5: Launch and Scale
To accept the live transactions, you can switch the gateway into live mode with confidence.
Remember, you should proactively monitor the settlement chargeback and customer satisfaction because these are important from the compliance and customer friendliness perspective.
Compliance Secrets for Long-Term Success
Most CBD merchants fail not because of sales; they fail because of non-compliance.
Here’s how to stay protected:
You’ll be surprised to know that many WooCommerce-based CBD merchants do not fail because of sales, but they actually fail because of noncompliance. To ensure your business’s success, it is important for you to understand these important factors.
From your website, make sure you eliminate any health claims because payment processors hate unverified claims.
Make sure your website has legal disclaimers and refund policies.
Age compliance is important; you need to have a front-end tool on your website that gets the confirmation from the user about the legal age.
Proudly display the COAs for every CBD product.
Maintain fully compliant packaging across different jurisdictions.
When you consider compliance as your competitive weapon, you gain staying power.
Why Serious CBD Entrepreneurs Choose QuadraPay
There are many reasons why WooCommerce CBD entrepreneurs from different countries choose Quadrapay.
We have been in the industry since the year 2016, which gives us an edge above many other players. We have established trust with high-risk payment solution providers on three continents and are capable of delivering low-cost credit card processing solutions to merchants from various industries, including CBD.
Our solutions come with super smooth integration with WooCommerce.
The pricing that we offer is highly competitive, and we do not believe in putting in any hidden fees.
We provide full support for integration.
Move Fast & Secure Your Future: Apply for Your CBD Merchant Account Now and build unstoppable payment processing momentum.
Frequently Asked Questions (FAQ)
Q1: Can I use PayPal or Stripe for WooCommerce CBD payments?
Whether you can use PayPal or Stripe for your WooCommerce CBD payment totally depends on the policies of those payment solution providers; however, if you ask us, we would say that in a high-risk industry like CBD, which is extremely regulated and has different rules and regulations in different jurisdictions, you should work with an expert that only works with high-risk merchants or at least specializes in the high-risk CBD industry.
Q2: How long does it take to get a CBD merchant account?
In most of the cases, the setup is done just within 3 to 7 business days if your application is complete and you have all the KYC documents. Your WooCommerce website should be ready and fully compliant.
Q3: Is WooCommerce secure enough for CBD payment processing?
WooCommerce is definitely a secure solution; however, when it comes to payment processing, you also need a secure processor. When you implement a PCI-compliant gateway on your WooCommerce website, then you can rest assured that your transactions are safe.
Q4: Do I need special plugins for WooCommerce CBD processing?
Yes, you will definitely need our specialized plug-in that will work with your WooCommerce website. For this, the payment processor will send you a ready-to-use plug-in when the account is approved.
Q5: Can I sell CBD internationally through WooCommerce?
Absolutely, you will be able to sell internationally if you use a merchant account provider that allows you to accept global currencies. At this point in time, most of the CBD websites sell their products across different countries, and they use a dynamic currency conversion facility, which displays the price of the CBD product in the local currency of the customer.