If you are in the CBD industry, then you know that processing credit cards can be a challenge. This is because CBD is still a new and misunderstood product, so banks are often hesitant to work with CBD businesses.

However, ReliaBill is the best choice for accepting credit cards for your CBD company. Cannabis products are on the brink of exploding in popularity, based on current research and rising demands. This sector has the potential to continue to grow in the future, thanks to this development. CBD and hemp items have revolutionized the market; they're no longer restricted to a specific demographic.  We have years of experience processing payments for CBD businesses, and we understand the unique challenges that this industry faces. We have developed special procedures to ensure that your transactions go through smoothly, and we are always here to help you if you encounter any problems. Don't miss out on the opportunities that credit card processing can bring to your business; choose ReliaBill today!

What is CBD (Cannabidiol)?

Cannabidiol, often known as CBD, is a chemical that can be found in the cannabis plant and has been shown to have therapeutic properties without the psychotropic effects of THC. Cannabidiol oil is one of the most expandable forms of cannabidiol products. CBD oil is non-psychoactive and does not result in a high, making it ideal for those who are looking for the benefits of cannabis without the side effects.

Trouble finding reliable CBD Payment Processing?

Once you've got your business organized, you'll want to start the process of creating an account in order to receive payments from your consumers.

Unfortunately, because of their link with cannabis, most CBD firms are unable to get accepted by many credit card processors. Likewise, very few merchant account providers will agree to provide you with an account to begin selling CBD

Although popular with small businesses, PayPal, Stripe, and Square don't support CBD-related firms. Even if you begin the process of creating a merchant account with one of these service providers in order to accept credit cards, you will almost certainly have your account shut down once they discover that your business sells CBD products.

Are CBD and Hemp Oil Still High Risk?

Although CBD and hemp products are legal in the United States, there are a number of reasons why they may be high-risk. These include legislation, risk of chargebacks, and reputational risk.

The legality of cannabidiol products is somewhat ambiguous; in some countries, such as the United States, it remains illegal. The cannabis and hemp industries are still considered taboo for many processors, despite legislation being more favorable towards any by-products of cannabis or hemp. This is primarily due to the association between CBD and the physical cannabis plant, even

The second reason CBD merchant accounts are considered high risk is due to the unpredictable nature of the items. The supposed advantages of cannabinoid oils can't be fully proved because they're based on personal experiences, thus they may have a higher chargeback rate from customers who were disappointed with the results. These charges may be reduced by standardizing product descriptions and using other

Finally, CBD products, such as oils and tinctures, are considered high risk since they have recently appeared on the market. Because cannabis goods—whether or not they included THC—were formerly considered nationally illegal, merchant accounts were prohibited. The "Farm Bill of 2018" just legalized CBD products that had previously been classified as Schedule 1 Controlled Substances. This bill being passed is the leading factor in why CBD is on everyone’s minds. The market is now open for these businesses to thrive in a once untouched vertical.

All of these elements taken together to provide some insight into why any account selling CBD products is considered to be ‘high risk.’ Banks will refuse to take the chance of being linked with these vendors. Even if the problem lies in selling CBD goods, the payment gateway providers affiliated with these banks will not have the capacity to serve these businesses. Here at ReliaBill, we understand that being ‘high risk’ doesn’t make you a bad business. In fact, we believe that the CBD industry is one of the most promising and rapidly-growing markets out there. For this reason, we are proud to work with CBD merchants.

Fortunately, at ReliaBill, we're different, and our processors are no exception!

We can service a broader range of clients because we specialize in getting high-risk credit card processing for our merchants approved. Unlike other service providers, our banking partners will not punish your company due to its connection with CBD or hemp goods. 

ReliaBill is proud to be one of the few payment processors that's able to provide CBD merchant accounts. We understand that not all businesses are alike, so we offer a tailored approach to each of our clients. Our knowledgeable staff will work with you to find the perfect solution for your business.

Why choose ReliaBill

ReliaBill is proud to serve the burgeoning CBD industry and other high-risk businesses. We specialize in CBD merchant accounts, here’s what you can expect when you work with us:

Knowledge and Experience

The CBD oil industry is constantly changing and evolving, making it difficult for businesses to keep up with the latest rules and regulations. At ReliaBill, we stay ahead of the curve so that our clients can avoid any fines or state or federal violations. We make sure your business is always in compliance with the latest CBD credit card processing rules and regulations, so you can focus on what you do best - running your CBD business. Contact us today to learn more about how we can help you process payments for your CBD oil products.

The Best Technology

We use the latest payment processing technology to make sure your transactions are always secure. In addition, our cutting-edge fraud prevention tools will help you avoid chargebacks and protect your business from fraudulent activity. Our technology is the best in the industry, and it will help you run your CBD company efficiently and securely.

Superior Customer Service

At ReliaBill, we understand that businesses in the CBD industry have unique needs. Our team is here to answer your questions and help you resolve any issues you may have with your account. We’re available 24/seven to make sure you always have the support you need. If you’re looking for a merchant account provider that can provide all of these things, then look no further than ReliaBill! Contact us today to learn more about how we can help you process credit cards for your CBD business.

Low Fees and Rates

At ReliaBill, we pride ourselves on being transparent with our pricing. We don't charge hefty upfront fees for CBD merchant accounts or monthly fees that are excessive. This allows us to provide our merchants with the lowest rates in the industry. With no hidden costs, fees, or penalties, you can trust that you're getting the best deal when you work with us.

Flexible Contracts

Our company is the best choice for accepting credit cards for your CBD company because we have flexible contracts and offer competitive rates. We believe that providing excellent service is the best way to earn the loyalty of our customers. Our company has a long history of providing quality service to our clients. We are committed to offering the best possible service to our customers. Contact us today to learn more about how we can help your CBD company grow. We understand that CBD processing is hard to do, which is why we offer competitive rates and exceptional service. Our company has a long history of providing quality service to our clients

Easy Integration

If you're looking for a credit card processing company that can seamlessly integrate with your ecommerce site, ReliaBill is the perfect choice. Our payment gateways are fully PCI compliant, which means you can rest assured that your customers' data will be safe and secure. Plus, our easy integration process makes it easy for you to get up and running quickly.

Fast and Responsive Customer Support

When it comes to processing credit cards for CBD, you need a company that you can trust. At our company, customer service is our top priority. We are proactive and responsive when it comes to solving any payment or customer support issues. We have a dedicated representative who is available anytime you need them. We are committed to solving any problems that come up.

POS system and other technical support

Point-of-sale (POS) transaction processing systems are constantly evolving, and our expert business consultants have evaluated and hand-picked the most robust POS systems on the market today. We offer a comprehensive selection of proven processing solutions, from basic point-of-sale options to inventory management solutions. We also offer a variety of other support services, so you can be confident that your business will be able to handle any challenge that comes your way.

If you're looking for a credit card processing company that can provide all of the services mentioned above, then ReliaBill is the perfect choice. We understand the unique needs of businesses in the CBD industry and are committed to providing quality service and support. Contact us today to learn more about how we can help your business grow.