Best CBD Payment Gateway in UK and Europe

If you have a CBD store, many of the traditional payment options are not available to you. 

Although CBD sales are legal, banks and other payment options are a long way off and still consider the product ‘high risk.’ Thus there is a payment gateway specializing in the Cannabis/CBD oil industry.

This is one of our most popular blog posts where we can start collecting payments for your Online Products and use alternative methods for selling CBD products around the United Kingdom and Europe.

We will update this article based on the current legal status of CBD products and recommend the best CBD payment gateway in the UK and Europe for selling CBD products.

Also, I’ll give you some suggestions on how to choose the best one for your website.

Best CBD Payment Gateway in Europe and UK — Suitable One for Your Website 

Of course, banks are less thrilled with its controversial nature regarding accepting CBD merchants. 

There has been an ongoing discussion over the legality and efficiency of the product. Some countries limit the quantity of research.

We will inform you about both the WooCommerce CBD payment gateway

and the Shopify CBD payment gateway. So, both platform users can get knowledge about the payment gateway availability.

Most probably these following countries can get the benefit – United Kingdom, Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czechia, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, Ireland.

But first, let’s learn some basic knowledge about payment gateway.

What is a Payment Gateway? 

A payment gateway is a web-based program that accepts and processes credit and debit card payments. If you want to sell products or services on your website, you’ll almost certainly require a payment gateway.

The Top 5 CBD Payment Processors in UK and Europe

A CBD payment gateway is simply a merchant account that enables you to accept credit card payments and has been approved to sell CBD products by your provider.

Because of the substantially higher risk of CBD products, CBD merchant accounts are almost always more pricey and restrictive than low-risk accounts.

Here is a short overview of the top 5 industry’s best CBD payment gateway in the UK and Europe providers accepting CBD distributors:

1. Viva Wallet 

Viva Wallet is the top European cloud acquirer and issuer of payments and is delighted that online CBD merchants link their payment solutions with their stores.

They deliver affordable payment services of global reach that enable both inside and outside payments an efficient and transparent multi-channel payment system.

As a top 50 Power Fintech firm, they are proud to offer unique solutions and have an end-to-end solution.  

It involves physical card machines, a payment portal, a virtual device, and notification payments for CBD businesses, both physical and online stores.

They also provide IBAN/Sort code and account number features of a bank account and issue your debit card, which Viva Wallet can handle via a personalized dashboard in real-time.

Viva Wallet has proven to be the most convenient option for clients seeking a CBD payment processor WooCommerce. In terms of features, Viva Wallet is the most popular CBD payment gateway in Europe.

Pros

• Available on both Shopify & WordPress
• Accepts Subscriptions
• A real-time, transparent dashboard
• Payment via Card (POS, account, and business debit card)
• State of the art terminals for cards
• No Hidden Charges
• No PCI charge per month or per year
• No authorization fees per transaction.
• No minimum monthly fee
• Low to zero costs for acquiring a Mastercard
• Capacity to export accounts and reconciliation files

Cons

• Slow to respond sometimes
• Problems with account setup

Link: Viva Wallet

2. Trust Payments 

Trust Payments operate with credibility as a well-established payment portal. It allows consumers to make purchases throughout their framework. 

In addition, their intention to facilitate transactions relating to CBD makes them the first gateway for CBD payments. Trust Payments started as a payment gateway with over 20 years of experience in the business. 

Today, they work with POS Payments and mobile payment facilities alongside your CBD internet payment gateway as an omnichannel payment provider.

Trust Payments are well-known and well used within the CBD community and committed to finding creative solutions to challenging problems and offering a customer-centered experience.

After identifying the problems affecting companies and customers online purchasing CBD products, Trust Payments quickly provided secure, dependable, and convenient solutions.

Confidence Payments aggressively encourage CBD vendors to discuss their needs with them. As a supporting firm for the CBD market, they know the needs of merchants and are keen to deliver new solutions to help the industry’s growth.

Pros

•  WordPress & WooCommerce Compatible. 
•  Wide variety of payment methods
•  Fast account setup
•  Exceptional reliability and virtually no downtime
•  24/7 UK based technical support
•  Tailored fees depending on your use

Cons

• Not available in Shopify
• There is currently no mobile processing system.
• No credit card terminal or POS system information is open.

Link: Trust Payments

3. Nochex

Nochex is a merchant account provider that assists small and medium-sized e-commerce businesses in the UK and Europe and has a Headquarters in Leeds, UK, which was created in 1999.

For over 20 years, Nochex has become a well-established payment processor. They were one of the first companies when E-Cig started to impact the industry’s destiny.

It has been known to be the UK’s response to PayPal. More importantly, since the beginning, Nochex has worked in CBD companies. They have many banking and fast onboarding relationships with CBD.

Likewise, since its inception, they have been active in CBD. They have several CBD banking relations and a fast, effective integration process.

You must produce laboratory reports for your items to become qualified for a Nochex account, and Shopify does not support a Nochex payment processing solution. 

As it uses PayPal for payment processing, Nochex is the most convenient CBD payment gateway in the UK and Europe.

Pros

• WooCommerce Supported
• Quick and easy access to funds 
• Accept all major debit and credit cards 
• No maximum transaction limit
• Free customers support from the UK 
• Easy setup, easy to integrate onto your website
• Designated UK-based account manager

Cons

• It doesn’t support Shopify
• Lack of customer support
• Many complaints about defrauding customers
• Frozen accounts
• Complaints about the return of holding deposit when account canceled

Link: Nochex

4. eMerchantBroker

eMerchantBroker is a merchant of Thousand Oaks, California. Since 2011, the company has been active and mainly sells its services to high-risk operators.

Although their services are not perfect, the organization is generally more transparent and honest than most high-risk providers.

At the same time, if you are inside the high-risk range and need to receive an account, eMerchantBroker is not usually the most expensive option.

EMB serves CBD companies: supplements and vitamins, beauty goods, oils & tinctures, animal products, and many more. You can easily integrate EMB into your Shopify store to accept payments.

EMB offers a payment gateway for EMB itself, which supports Authorize.net and a lot of others. No application costs, installation fees, or annual fees are applicable.

They have telephone, email, and Live Chat support for client services. Multi-currency conversion and 3D Protection of fraud are also available.

Pros

• Specialist in high-risk situations
• A wide range of services are available, as well as third-party interfaces.
• Accepts high-risk merchants who are difficult to place.
• CBD retailers are accepted.
• The acceptance rate of merchants is high.

Cons

• Compared to other high-risk providers, it’s pricey.
• Exclusively offers tiered pricing.
• Long-term agreement with a hefty early termination penalty

Link: eMerchantBroker

5. Paytriot Payments 

Paytriot is a payment system that interacts with Shopify and WordPress for companies that sell CBD oil and cannabis items (including subscriptions).

Paytriot is an FCA-regulated payment provider situated in London that can enable companies to accept international payments. 

Thanks to these various methods of acceptance of payments, Paytriot will assist you in opening your business to a more significant number of clients worldwide.

You can collect payments in three primary ways: by making payments by online card, by phone, or by making subscription payments. In the United Kingdom, it is the top CBD payment processing Shopify.

Pros

• Shopify & WordPress/WooCommerce availability.
• Competitive Rates.
• No Reserve for Rollers.
• Times for Flexible Settlement.
• Payments are offered online through phone & subscription.
• Processed Global Payments.
• Great quick setup (72 hours).
• UK Account Manager UK.
• Registered FCA.

Cons

• There are no cons online at this time

Link: Paytriot Payments

Which Payment Gateway is Best? 

The best CBD payment gateway is the one for you and your company.  I’ve discussed the most practical gateways available in Europe, but it’s up to you to choose the most important one.

Paytriot Payments is the most popular. The majority of e-commerce platform supports Paytriot, and it is the one that customers trust the most. Perfect for CBD merchants that want to sell the most up-to-date products while still providing excellent customer service.

But nowadays, Viva Wallet is becoming more and more popular in UK and Europe. For low-volume CBD retailers and startups, this is the most cost-effective option. So, it’s worth giving it a try.

Now, if you want premium support and features, you can go with the eMerchantBroker. However, it’s a bit pricey for those who can afford it as it’s the most convenient one.

Conclusion

Choosing a CBD payment gateway in the UK and Europe is a major decision, and, as this list explains, your decision has a lot of choice and information.

One of the providers with the most acceptable fee system may appear obvious, but the broader picture needs to be considered.

The problem of customer service and support is equally important. If, as a company, you rely on these providers to process payments swiftly and effectively, you need to know that you can quickly contact help if there are problems.