CBD payment gateways and merchant accounts 101
Choosing a site builder, shopping cart, merchant account, and a payment gateway like Authorize.Net or NMI for a website selling legal, hemp-derived CBD can be very frustrating. We know it often takes one-on-one support, experience, and a lot of patience to set up CBD payment processing.
Resources for businesses looking to sell CBD and hemp products online
A+ rated, and BBB accredited, Tasker Payment Gateways LLC has been helping high-risk site owners since 2002, and we have learned a lot in the process.
This page covers how to use Authorize.Net or NMI as your CBD payment gateway, how to integrate a CBD payment gateway with common site builders like Wix, Squarespace, Woocommerce, or Shopify, and discusses other CBD 101 topics like choosing a site builder, getting legal advice, and setting up your company.
Need to set up a CBD payment gateway for your site?
CBD credit card processing options
Fact: accepting credit cards is the biggest challenge most CBD site owners we speak to face.
There are a few ways you can integrate your CBD site with a payment gateway:
- Use an all in one solution that provides the credit card processing and payment integration as a bundled solution
- Select a merchant account and payment gateway like Authorize.Net separately – then integrate them
- Use a 3rd party, alternative payment program, such as a multi-pay system
The best choice for you depends on what CBD products you offer, and which shopping cart or site builder you use. Additionally, each of the three methods above is comprised of dozens of different “sub-options” that vary based on provider, cost, capitalization of your business, and your previous processing history. This can be downright overwhelming to many site owners, even savvy, experienced ones.
Let us help your CBD site
At Tasker Payment Gateways LLC, the dedicated agents and providers we recommend always strive to give you the best and most up-to-date recommendations on how you can process credit and debit cards online for your legal CBD products.
Need a payment gateway for legal hemp-derived CBD products? Our recommended solutions work with Shopify, WooCommerce, Wix, Squarespace, and most other major platforms – let our dedicated agents and independent providers help you, one-on-one – at no direct cost to you. Read more about who we are here.
CBD payment gateways are ever-changing, and accepting credit cards on WooCommerce, for example, is different than it would be on Squarespace or Wix.
Click here to read our ongoing CBD payment gateway spotlight– that page is updated regularly with the latest information on how to accept credit cards for CBD online.
Tasker Payment Gateways LLC’s 3-tier, one-on-one-support
Due to the continually changing landscape and complexity involved in applying for, integrating, and maintaining a suitable CBD payment option, we use a 3-tiered one-on-one support program for CBD businesses who need help adding payments to their website.
Here’s an outline of the 3-tier service our recommended providers offer:
1. After you contact us to get started, the provider will call or email you to learn about your business, what shopping cart you use, and exactly which products you offer. Based on your shopping cart and site builder – WooCommerce, Wix, Squarespace, or Shopify, for example – the agent will then provide a compatible solution and outline the pricing and timelines.
2. To avoid the confusion and frustration sometimes felt by CBD site owners, the same agent who helps you with your initial assessment will generally be the point of contact during the entire approval process. They will help manage and explain the application and document request flow and be there to help along the way.
3. Most times, the same agent or provider rep that you begin working with will stay on as your primary contact during integration, testing, and beyond. We find this avoids a lot of wasted time, waiting on hold, and prevents site owners from explaining the same thing twice.
New CBD website owners have a lot of variables when they are trying to set up a payment gateway that works with their shopping cart. The ongoing changes in the CBD processing world make navigating setup, integration, and ongoing support issues very challenging.
Things are looking up for CBD websites hoping to accept credit cards
Whether you have a solid CBD business and just lost your processing, or you are a start-up, you need to know that a payment gateway like Authorize.Net or NMI is only compatible with CBD if it is set up correctly.
Ensuring that you are set up with the correct merchant account on the back end can be a challenge. This is where our trusted agents and representatives step in, to help guide you and to answer whatever questions you may have. Contact us using the form below to get started or to ask us any specific questions you might have.
CBD is a growing industry in America and Canada, and its popularity is spreading like wildfire. There is little doubt the trend will continue. It’s an exciting industry, and if you do it right, you might be able to benefit from this industry’s current rate of success.
If you are ready to accept payments for your new or established CBD site, you can contact us here. If you are just getting started and want to learn a little more about selling CBD online, please continue reading below.
If you are a Canadian CBD business in need of help, please read more about Canada and CBD payment gateways here.
Credit cards and payment gateways for CBD
If you are struggling to sell your CBD products online because of payment gateway issues, we may have solutions. Business owners who are having difficulties after being declined or shut down by a major payment gateway often contact us looking for solutions.
Authorize.Net for CBD
Authorize.Net can be used for regulated products, like CBD, when it is set up correctly. The process to integrate Authorize.Net with a shopping cart differs from site builder to site builder.
Authorize.Net, WooCommerce, and CBD: CBD sites using WooCommerce work best with Authorize.Net when using a CBD friendly merchant account on the back-end and a tested plug-in with tons of installs and reviews, like the ones we recommend here.
Authorize.Net for ASecureCart or Magento and CBD: CBD business owners using Magento, or ASecureCart to process payments can integrate with a CBD friendly Authorize.Net account and merchant account. Both offer native integration and are CBD friendly when set-up correctly. Contact us anytime for a CBD payment processing recommendation.
Authorize.Net for Shopify and CBD: Shopify allows Authorize.Net integrations. When connected to a CBD friendly merchant account, Shopify can be a terrific CBD site builder. You can learn more about our Shopify and Authorize.Net solutions here. We also wrote an article on Shopify Payments, and the challenges some site owners face, you can learn about that subject here.
Authorize.Net, Wix, or Squarespace and CBD: Wix and Squarespace can integrate with Authorize.Net and both work for CBD but you need to know the 3rd party solutions, like Foxy.io, that make it all work together. You can read more about Authorize.Net and Wix here or learn about our “top 5 ways to set up high-risk payments for regulated products like CBD on Squarespace” by clicking here.
We assist site owners by matching them up with one of our trusted payment gateway providers who will meet your needs and recommend a credit card processor that has experience working with businesses like yours.
How to get back online selling CBD oil if you were shut down
You’ve just gotten your CBD merchant account shut down; we know how stressful that can be. Maybe you were shut down by Square, or Stripe, maybe even by your local bank. It does not matter who shut you down, the reality is you need to get back up and running, ASAP.
CBD merchant account underwriting and loss prevention require more oversight and security than your standard payment gateway or traditional merchant account may want to support. This is why it is referred to as “high-risk” in the e-commerce industry. Don’t worry, though, the trusted agents, gateways, and processors that Tasker Payment Gateways LLC recommends can help you – step by step – get your CBD e-commerce business back up and running.
Contact us using the form below and we will offer our assistance with no upfront fees or any obligations to sign up for services. We will take the time to educate you and help you integrate your site so you can start selling again as soon as possible.
What exactly is CBD oil?
CBD oil stands for Cannabidiol oil. When sold in the States legally, it is often referred to as hemp oil. CBD is generally extracted from the hemp version of the Cannabis plant. The association between cannabis and marijuana is very strong, but there is a distinct difference. Hemp and marijuana are two different plants that come from the same plant family: Cannabis.
While the marijuana variety contains a significant amount of THC and is for either recreational or medicinal use, hemp has a vast diversity of applications. It contains only trace amounts of THC (less than 0.3%). THC is the active ingredient in the plant’s recreational form known as “marijuana.” Because hemp does not contain enough THC, it cannot create this recreational effect, but according to its proponents, CBD oil has many valuable medical and health benefits.
What is CBD used for?
CBD versatility in products and markets
CBD products can include any number of industries. From terpenes to skincare lotions, pet grooming products, home goods, textiles, oils, sprays, and more. CBD is one of the most versatile products to have recently hit the market. With the overall change in attitude towards cannabis in general, it’s no wonder this industry is blowing up into hundreds of millions of dollars so quickly.
Common Types of CBD Products
Tinctures are highly common product types and are a very basic type of CBD product. While there are brands that add flavoring to their tincture products, this product type is commonly one of the purest, and it is usually found without added flavor.
Concentrates are, of course, a very potent product type, with high CBD content. It is also most likely by far to be without any added flavor. The potency and lack of added flavor make this product much more likely to be appealing to a more experienced customer.
Topicals can take the form of a variety of different products. In this group of products, we find skincare lotions, lip balms, creams, and more. It is vital to ensure that the claims you make about your product are valid. For product claims, we advise that you do independent research and read the resources available from the US National Center of Biotechnology.
Sprays and oil are the most accessible product types for your customers to use. Light, small, and easily consumed, it is a popular and familiar product for experienced and inexperienced customers alike.
Selling CBD? Know the law and get an attorney
If you are currently selling, or plan on selling, CBD oil, you need to consult a qualified attorney that understands CBD laws and e-commerce.
While the industry is promising, we encourage you to get qualified legal counsel and double-check all your local and state laws before selling CBD or any other hemp or cannabis-related product.
After all, you and you alone are responsible for obeying local and state laws!
Getting Your CBD Company Started
First and foremost, as with most businesses, you will need to register your company. We advise that you speak to an accountant and an attorney before settling on an entity type. You may consider a corporation or an LLC setup as their Limited Liability is well suited for industries that are considered high-risk.
Before you can start selling and processing payments, you need to have all the relevant paperwork in order. For example, you must ensure that you have a Tax ID/EIN from the IRS. Without that step, you will be dead in the water with most CBD processors.
Get Your CBD Business Online
You’ve registered your company; the necessary paperwork is in order; now what?
Now it’s time to go online! There are plenty of platforms where you can get a domain name registered and build your site. Squarespace, Wix, Shopify, and WordPress are examples of where to start when setting up your online presence.
The interface and usability of WordPress make it a highly popular choice. From there, you can choose to set up themes and templates to get started or get customized layouts. This freedom of choice is great, and it is also relatively easy to use and maneuver. Some site builders make accepting payments much harder than others. If you have not chosen a shopping cart yet, please reach out to us for some quick free advice.
Although it is worth reminding you that while having an online presence and doing your online marketing right is essential, you also should be very wary of what claims you make about your products online. If you are in doubt, it is always useful to reach out to a qualified lawyer and seek expert advice.
Contact us today to speak with a CBD payment gateway specialist
REMINDER. We offer payment gateways like Authorize.Net or NMI and CBD credit card processing recommendations. If you are selling CBD or any regulated product, you need to consult a qualified attorney. We do not provide legal advice, but we can help you accept credit cards.