Updates on CBD payment gateways: a high-risk spotlight – 04/22/2019 “Normal” CBD credit card processing does exist (if you are big enough) US-based CBD startups do have processing options, but they tend to be more restricted in terms of card types allowed, and more expensive. In contrast, large, established CBD companies who process in the millions per year have more… Read More
Continue ReadingBreaking news: top US CBD payment processor exits market
Breaking news: top US CBD payment processor exits the CBD and hemp oil market Elavon, formerly considered the dominant payment processor in the US legal CBD and hemp oil market, has just announced they have placed all hemp and CBD on their “prohibited products” list. We have confirmed through dozens of conversations with Elavon reps, sales organizations, and website owners,… Read More
Continue ReadingNew development in the tobacco, CBD, and vape market
Are we seeing the next step in the CBD and vape market? At Tasker Payment Gateways, we have our ears close to the ground for all things high-risk e-commerce. Since we help merchants with high-risk payment gateways and merchant account recommendations, we try hard to keep our readers informed. Whether it’s through our tips and tricks page of important news… Read More
Continue ReadingCBD payment gateways for Canadian websites
CBD payment gateways for Canadian websites We just received a notice from a trusted contact in Canada. CBD merchant accounts for Canadian businesses are now available and, at first glance, the terms look good. Possibly in response to the passage of Canada’s Cannabis Act C-45, that the Prime Minister already signed into law and which kicks in later this year, the markets have… Read More
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