A lucrative industry, total sales for hemp-based products in the US were about $1.1 billion in 2018, and are expected to double by 2022. Finding a reliable payment processing system when selling cannabidiol (CBD) oil is difficult. That is why it is vital to turn to a reputable high-risk merchant processor like Corepay to get your CBD business approved.
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Corepay’s merchant services go beyond providing a CBD payment processing solution. Our goal is your success, and we are available to share our expert knowledge of the CBD industry. We know high-risk merchant services and aim to raise awareness of your presence in the industry and increase your sales.
Payment processing solutions remain a significant hurdle to the CBD industry, as many CBD businesses start with a Paypal or Stripe account that generally does not support their businesses. However, Corepay has helped many CBD merchants receive properly coded, direct merchant accounts, at better prices than their Paypal/Stripe accounts, and perform very well.
Merchant accounts approved by Corepay include access to a sophisticated back-end with real-time reporting and integrate with all certified payment gateways. This allows for the most secure payment flow for all transactions and seamless connection of your paypage to the chosen payment gateway via API.