CBD Merchant Account and CBD Card Machine
Cannabidiol has been known to offer several health benefits without having any side effect on the consumer. It is believed to address anxiety, depression and severe pain. There is even an ongoing research about its effectiveness in curing cancer. This has made people very interested in this safe cannabinoid that is a major compound in Marijuana.
Do you need help with your CBD merchant account?
What are the challenges in the Cannabidiol retail business?
Millennial’s are very entrepreneurial, so the idea of owning a business is becoming more and more appealing. Hence people think of what to trade in. but when the idea of being a CBD Business crosses their minds, the excitement soon fades away because of the challenges involved.
Many financial institutions in Europe see the trading of CBD as a high risk venture. This is not totally their fault, as there are still some doubts to the legality and efficiency of the products; the irregularities in the amount of dosage put in products that contain CBD, and the restrictions by some governments on the amount of research that can be conducted on it and therefore impose strict terms with unfavourable rates and terms along with making it very difficult to source a CBD merchant account and card machine.
How do I get past the challenges in the Cannabidiol retail business?
When most merchants encounter all these challenges, they tend to give up, but you don’t have to. We Tranxact is one of the very few companies in the whole of Europe that can offer CBD online merchant accounts and chip and pin machines to CBD retail businesses.
With the way the world is shrinking by technology, one must have both an online and offline presence, and we are here to help you make that possible. Our website is always accessible for enquiries and other possible questions on the services that we render.
We have niched the business of CBD retail businesses, to offer amazing services to what the banks might term as “high risk”.
How does We Tranxact help CBD businesses?
The frustration that is often encountered by business owners is usually to secure a CBD merchant account. Because banks classify it as high risk, getting a CBD account is becoming more and more challenging.
Therefore, to be able to do this business, you must be able to secure a high risk merchant account. We Tranxact is here to offer you the best deal and make being a CBD retailer the easiest thing for you. We Tranxact have been dealing with CBD card processing enquiries since 2017 and successfully onboarding hundreds of satisfied CBD businesses.
We understand the benefits of this product and most of us here consume the product ourselves and we all give it the thumbs up. Most of us here are against the big pharmaceuticals and the chemicals they push onto their customers, which we believe are really designed to create repeat business rather than cure any ailment, illness or disease.
Done the research
We have spent many hours seeking the very best card processors for CBD and its not been easy as most of them come with so many hoops to jump through as they require vast amounts of paperwork, they’re very expensive, they all have a rolling reserve and much more that would put off many new and existing CBD retail businesses.
Total market review
We now work with a number of CBD merchant account providers that have proven to provide the very best service, terms and rates and this is very important for us as the merchant gets the very best deal so they can go about their business knowing they have the very best from us.
In our opinion, if there was any one great product to hit the market this millennium it would certainly be CBD.
We Tranxact can help provide you with the following
- Card machine for CBD business
- CBD merchant account and Payment Gateway
- CBD Card Processing for Shopify
Our CBD Card machine offering comes with no long term agreement. All you do is rent the machine from just £9.99 per month.
- No PCI DSS fees
- Low card processing fees
- No minimum monthly services
- No lease contracts
Getting a CBD merchant account is not the easiest thing, but we make it possible. We are 100% transparent with the rates and terms and we help you get accounts that come with an understandable CBD card processing rates and quality services.
- No minimum monthly services
- Fast Settlement of funds
- Online reporting and analysis tools
- Rates as low as 1% (dependent on application and processing history)
- Trusted, licensed and well established card processors only
- Approvals as quick as 2 hrs!
We Tranxact now have a solution for CBD businesses using the Shopify platform. If you are a business using the very popular web site builder Shopify and have struggled to secure a CBD merchant account and payment gateway then we have a great solution for you. please get in touch.
Want help with your CBD merchant account?
Fill in the form below to find out how we can help you.