It is best to get two to three quotes from CBD merchant facilities brokers who will let you know the rates for taking credit/debit card payments on the internet. This can be a difficult task if you do not know the right people to speak to.
Even though CBD is legal in most countries across the world many banks and brokers are not able to set up credit card facilities for hemp or CBD businesses. If they can help they tend to overcharge you as they say you are a high risk merchant. So you get quoted with fees for accepting credit card payments around 10% of your sales.
Companies like Pay Pal will not allow you to accept payment on your CBD site.
We recommend you speak with us as we have good relationships with brokers who charge fair rates for accepting credit/debit card payments on your site. If you speak with us we will put you in touch with the CBD merchant facilities brokers.
They can also point you in the right direction so you can get a bank account set up. It will be connected to your merchant facilities account. Then the money from your credit/debit card sales will be deposited from your merchant facilities account into your bank account.