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Technical discussions | Discussions techniques

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Why are payment processors afraid to process payments for CBD?
marget English 0 marget [Read]
29 November 2018 à 08:51

marget, Thursday 29 November 2018 à 08:51 | Quote


Subscription date : 27 June 2018
Messages : 38
Being a CBD business owner can be a challenge, when looking for merchant services. Yes, starting with CBD hemp oil merchant account is not something as easy as filling out an online form. It Considered as high risk business. Not only loans to CBD merchants are refused but high rate is also charged by the merchants.Process payment methods, such as credit or debit card, need merchant account. If these options are not there, functioning is difficult for the business.

CBD Categorized “high risk” businesses by banks, payment providers are reluctant to approve.
Chargebacks is primary obstacles they regularly need to handle and getting a Merchant Account Closed / Application Rejected.

There are many payment processors who provides high risk merchant account. But you must try Paycron because it approved TMF merchant or a cancelled merchant?

Contact - 1-800-982-1372
Email-: support@paycron.com

Technical discussions | Discussions techniques

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Why are payment processors afraid to process payments for CBD?
marget English 0 marget [Read]
29 November 2018 à 08:51

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