Are you in search of a cannabis or cannabidiol (CBD) oil online sales merchant account services solution for your business? You’ve come to the right place!
At The Transaction Group (TTG), we’ve been working with the cannabis industry since 2010.
We are known for our support of and service to the legal marijuana industry in the United States.
And, we are known for our commitment to the high risk merchant account industry as a whole.
When it comes to high-risk payment solutions, we are experts.
Together with our banking partners, we are able to help all high-risk industry businesses in the U.S. with their credit card processing needs, including setting up CBD oil online merchants or retailers with merchant account services solutions.
Unfortunately, businesses in the payment processing and the CBD industries don’t always partner as easily as we would hope. Many banks and merchant account services providers choose not to work with businesses in this industry simply because they are guilty by association with the marijuana industry.
TTG understands the frustration that CBD merchants have faced in recent years. Without a card processing solution with a payment gateway from a merchant account services provider, high risk online merchants have virtually no way of running a business.
Of course there are always risky offshore merchant account services providers willing to take advantage of businesses in these predicaments. These businesses make a lot of money charging rates as high as 10% as well as including high reserve requirements.
If it sounds like a sketchy solution from the get go, merchants should be leery. If possible, it’s best to avoid any payment processing provider with an offshore solution located in a 2nd or 3rd world country.
Since 2004, TTG has been building relationships with banking partners in the U.S. as well as other 1st world countries in order to offer merchant account services to businesses in need.
We gladly support the cannabidiol industry and are happy to offer merchant account services solutions these industry businesses.
Our solutions allow online CBD merchants like yours to have legitimate credit card processing solution in place so that you can efficiently run your online cannabis oil business without any headaches or hang ups.
Our solutions use a US payment gateway and are easily integrated with any online shopping cart. Setting up a CBD merchant’s online store is fast and easy.
And our merchant account solution includes a virtual terminal. With this virtual terminal in place, merchants have the ability to key-in transactions for customer purchases. This feature is excellent for over the phone orders as well as face-to-face transactions at conventions and industry events.
TTG makes the entire setup process as painless as possible. There are:
- No application fees
- No setup fees
- No early termination fees (no long-term contracts)
- Fast approval & setup
With our streamlined application, approval and setup process, most merchants can be approved in as few as 2 business days and set up to process credit cards in just 2 weeks.
We’ll help you get started on your application and have you on your way to accepting credit cards at you online CBD oil store.
If you are interested in learning more about our CBD online sales merchant account services or ready to get started, contact us today at 888-383-8056.