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Looking for payment processing for your CBD or Hemp business?

When it comes to CBD/Hemp finding a payment processor can be difficult. We know the importance of not wondering if your existing processor is going to close your account

At Web-Merchant Services we only provide direct merchant accounts (one owned by you in your name) for CBD using specialised European acquirers.

Unfortunately many accounts available from other providers for CBD are for non consumed products such as creams and lotions, while our account allows for products which are to be ingested

Just some of the benefits of coming to us

Flat Rate Merchant Account
Fast Underwriting and Boarding
Risk Management
Advanced Fraud Protection
Full Reporting
Dedicated account manager
Trade in 160 currencies

Costs and processing fees

Our CBD and Hemp merchant accounts are currently for established businesses incorporated in the EU and selling within the EU. Please note that due to the cost of running a CBD merchant account, we will require an minimum processing amount of at least £8,000 per month.

As the type of products using Hemp and CBD derivatives is vast, you will be required to provide a full list of products sold and a legal conformation that all products are legal in their targeted market.

Set-up Fee: Nil
Monthly Fee: Nil
Credit Card Fee: 4%
Transaction Fee: 15p
Settlement: Weekly
Rolling Reserve: 10%
Processing Currencies: GBP, EUR, USD
Settlement Currency: GBP or EUR


The following must be adhered to for Hemp and CBD derivative businesses:

Products do not contain tobacco and nicotine
THC for all products is 0.2% or under
You are not selling seeds, flowers or MMJ
Do not promote cannabis or cannabis imagery
Have a legal opinion confirming legality or products


Please note we will require full access to the website(s) in question (including log in details) ahead of making a decision.

If you are unable to adhere to these terms then we may only offer you our aggregated solution


Looking for payment processing for your vape or e-cigarette business?

For e-cigs and vaping please click here >

Ready to get started?

 






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