As local, state and federal governments weigh the pros and cons of legalizing cannabis for both medical and recreational purposes, other products derived from cannabis are starting to take shape in e-commerce industries of their own. One of these industries belongs to cannabidiol, a compound taken from hemp plants that does not include large amounts of THC, which is the psychoactive element in marijuana.
Cannabidiol merchant accounts are a relatively new product, but Instabill can help merchants selling health or dietary products that contain the compound to find the credit card processing solutions they need.
If you came here looking for information on medical marijuana or other herbal remedy merchant accounts, don’t worry—we may still have solutions for you. Take a look at our medical marijuana merchant accounts page or our nutraceutical merchant accounts page for more information. If you have specific questions, feel free to contact us any time.
Expand each section to learn more about our cannabidiol merchant accounts.
Although cannabidiol is legal in the few states that have legalized marijuana for medical or recreational use, there are still some restrictions that merchants must be aware of:
If you want credit card processing solutions for your cannabidiol business, odds are you’ll have to look offshore. Instabill is partnered with plenty of foreign acquiring banks that are eager to work with new merchants, giving you plenty of options should you choose our services. Many of these acquirers specialize in giving accounts to high risk merchants, meaning you’ll get the best solution available. Approvals can take only one to two business days, and you could be processing online payments in as little as five business days.
When you’re approved for a merchant account with Instabill, you’ll have access to our payment gateway. All customer payments on your site need to pass through a gateway in order to make it to your merchant account, and the Instabill payment gateway is a great solution. Upon approval, our in-house tech team can perform the integration free of charge, meaning you don’t have to deal with complicated technical operations.