CBD & Hemp Merchant Processing Solutions

The CBD and hemp industry represents one of the fastest-growing sectors in the U.S. economy, with projected sales exceeding $20 billion by 2025. However, despite the 2018 Farm Bill legalizing hemp-derived CBD products containing less than 0.3% THC, payment processing remains a significant challenge for businesses in this space. HighRiskChamps specializes in providing reliable, compliant merchant processing solutions specifically designed for CBD and hemp businesses of all sizes.

Why CBD & Hemp Businesses Are Considered High-Risk

Understanding why CBD businesses face payment processing challenges is crucial for finding the right solution:

Regulatory Complexity: Varying state laws and FDA regulations create a complex legal landscape
Banking Restrictions: Many financial institutions remain hesitant due to federal banking regulations
Reputational Risk: Banks worry about association with cannabis-related businesses
Higher Chargeback Rates: Industry average chargebacks exceed 0.9%, above standard thresholds
Age Restrictions: Products require age verification and compliance monitoring
Product Claims: Health benefit claims can trigger FDA scrutiny and processor concerns

Types of CBD & Hemp Businesses We Serve

Retail & E-commerce

CBD oil retailers
Hemp product stores
Online CBD marketplaces
Dispensaries (hemp-only)
Health and wellness shops

Manufacturing & Wholesale

CBD oil manufacturers
Hemp processors
White label producers
B2B distributors
Private label brands

Specialty Products

CBD edibles and gummies
Topical creams and lotions
Pet CBD products
CBD vape products
Hemp clothing and textiles

Services & Ancillary

CBD subscription boxes
Hemp farming operations
CBD testing laboratories
Industry consulting
CBD affiliate programs

Our Comprehensive CBD Payment Solutions

1. Multiple Payment Options

Credit/Debit Card Processing: Accept all major cards with secure, PCI-compliant processing
ACH & eCheck: Lower-cost alternatives for regular customers and B2B transactions
Mobile Payments: Accept payments via mobile devices for trade shows and events
Cryptocurrency: Optional crypto payment acceptance for tech-savvy customers
Buy Now, Pay Later: Installment payment options to increase average order value

2. E-commerce Integration

Seamless integration with popular platforms:

Shopify (with CBD-friendly payment gateway)
WooCommerce
BigCommerce
Custom API integration
Shopping cart plugins
Subscription billing for recurring orders

3. Risk Management & Compliance

Age Verification: Integrated age verification systems to ensure compliance
Fraud Prevention: AI-powered fraud detection specifically trained on CBD transaction patterns
Chargeback Management: Proactive alerts and dispute resolution support
Compliance Monitoring: Regular reviews to ensure adherence to changing regulations
Document Management: Secure storage of licenses, lab reports, and compliance documents

Industry-Specific Features

CBD Business Advantages with HighRiskChamps

✓ No Volume Caps

Process unlimited transactions without monthly limits

✓ Domestic & Offshore Options

Multiple acquiring bank relationships for stability

✓ Dedicated Account Manager

Industry expert assigned to your account

✓ Fast Funding

Next-day or even same-day funding available

Compliance & Legal Considerations

What We Require:

Valid business license and EIN
Certificate of Analysis (COA) for products
Proof of hemp source (2018 Farm Bill compliant)
Product labels and marketing materials
Business bank account statements (3-6 months)
Processing history (if applicable)

What We DON'T Support:

Products with >0.3% THC content
Marijuana or cannabis products (non-hemp)
Unsubstantiated medical claims
Sales to minors
Synthetic cannabinoids

Pricing & Rates for CBD Businesses

Our transparent pricing structure for CBD merchant accounts:

Processing Volume	Rate	Transaction Fee
Up to $50,000/month	3.5% - 4.5%	$0.25 - $0.35
$50,000 - $250,000/month	2.9% - 3.9%	$0.20 - $0.30
$250,000+/month	Custom rates available	Negotiable

*Rates depend on business type, processing history, and risk assessment

Success Stories

Case Study: Online CBD Retailer

A CBD oil e-commerce store came to us after being dropped by their processor. We provided:

• Same-day approval and setup
• 40% reduction in processing fees
• Chargeback rate reduced from 1.2% to 0.6%
• Increased approval rates by 15%

Getting Started: Our Simple Process

Application: Complete our simple online application (5 minutes)
Document Review: Submit required compliance documents
Underwriting: Our team reviews within 24 hours
Approval: Receive approval and merchant account details
Integration: Our tech team helps with setup (same day)
Processing: Start accepting payments immediately

Frequently Asked Questions

Q: Can I get approved if I've been declined elsewhere?

A: Yes! We have a 99% approval rate for CBD businesses and specialize in previously declined merchants.

Q: How quickly can I start processing?

A: Most CBD businesses are approved within 24 hours and can start processing the same day.

Q: Do you hold reserves?

A: Reserve requirements vary by business. New businesses may have a 5-10% rolling reserve for the first 6 months.

Q: Can I process both online and in-store?

A: Yes! We provide omnichannel solutions for CBD businesses including e-commerce, retail POS, and mobile payments.