Best CBD Payment Gateway USA in 2021
Introduction
If you’re trying to find a way to sell CBD products online, you’ve probably heard a lot about cannabidiol and you may know how popular it is in the world of health and wealth niche.
You spend most of the time improving your business but have you ever thought about what will be the best eCommerce payment gateways for your business. I am sure you have never found the time to notice it.
The most crucial part of the business is bringing sales, but without the best payment option how to do it. If customers see some uncommon payment option they will be a little bit confused whether he/she chose or trusted this payment option or not.
After all, if your customers find it too difficult to pay, they will abandon their cart, and you will lose sales.
In this article, we’ll discuss the top and best CBD Payment Gateway USA. Also, I’ll give you some suggestions on how to pick the best one for your website.
Best CBD Payment Gateway USA in 2021 — Deciding on a Payment Gateway
Before going deep into this article, you need to know some crucial aspects of deciding on a payment gateway.
First of all, you should know that there are two types of gateways:
- Redirect
- Direct
Let’s learn how they process the payment on your E-commerce site.
Redirect: A redirection gateway requires a customer to leave your site to complete the transaction. To process a payment, they are directed to an external page. A customer is usually referred to the company’s gateway management site.
Direct: A direct gateway, on the other hand, handles payments only on your site, and a customer does not need to leave your site to complete a transaction.
Redirection is the most acceptable payment gateway alternative if you don’t want to improve your site’s security. Getting hacked could result in all of your customers’ credit card and personal information being taken.
Customers must leave your site to make a payment. Thus it’s not as professional as direct gateways.
Customers may be concerned if they are unfamiliar with the type of payment gateway you are employing. For most businesses, direct payment channels are the best option.
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.
Top CBD Payment Gateway for WooCommerce
These are the top WooCommerce payment gateways since they support most countries and are among the most reputable payment processing firms.
They’re also direct gateways for making your company look more professional.
In WordPress, for credit card integration, these options are available.
PaymentCloud
PaymentCloud, situated in California, has been providing high-risk merchant accounts since 2010 and now accepts CBD firms.
The company has an extremely high approval record for merchant accounts. Unlike most high-risk suppliers, it does not charge an application or account setup fee.
PaymentCloud has one of the best acceptance percentages among CBD merchant processing systems. Its free virtual terminal allows business owners to track CBD sales easily.
PaymentCloud, which offers competitive chip, dip, and swipe rates, works with third-party processors and banking institutions across the United States to assure seamless, hassle-free transactions.
But you can consider it as the best WooCommerce CBD payment gateway.
Pros
- Predictable, flat-rate pricing
- Billing every month for convenient financial tracking
- Outstanding client service
- Compatibility with third-party online shopping carts is extensive
Cons
- Because the CBD payment processor is new, online feedback is limited.
- It isn’t easy to know what to anticipate in terms of service when you’re new to the sector.
USAePay
One of the best CBD payment gateway USA is USAePay. It is a rapidly increasing payment gateway that can process recurring payments and automatically repayments.
PCI-certified is this major payment gateway provider. Since its founding in 1998, USAePay has provided e-commerce, retail, and telephone/mail order solutions to businesses of all sizes.
Pros
- Integratable with the BigCommerce platform
- Custom features and tailor-made solutions
- Optimized user experience
- Good customer support
- Newly designed virtual terminal
Cons
- Hardware is slightly outdated but still efficient.
Easy Pay Direct
Easy Pay Direct has provided high-risk merchant accounts for over twenty years and is based in Austin, Texas.
It now allows CBD merchants, but only if they are highly well-funded or have prior operating experience.
It is also one of the few CBD vendors to give pricing information on its website.
Merchants in the United States and Canada who qualify can get approval for an account in about 7-14 days.
Easy Pay Direct provides a valuable function called load balancing, which allows a business to share its incoming cash among many merchant accounts.
Pros
- Accepts CBD vendors who sell ingestible and topical CBD products.
- There is no monthly minimum an
- No early termination fee
Cons
- A $250 application fee is possible
- Contract for three years with an automatic renewal provision
PayKings
PayKings, situated in Florida, targets CBD merchants, particularly those who have had their accounts with more traditional carriers terminated.
The corporation boasts interchange + 1.0 percent rates, which aren’t exactly cheap.
At the same time, it offers a more comprehensive range of products and services than many other CBD companies.
While PayKings has a mainly excellent reputation among merchants, we haven’t done an in-depth study of the company as of this writing.
Nonetheless, if you’re looking for a merchant account for your CBD business, it’s a realistic option.
Pros
- Seamlessly integrated with most of the system.
- Rates as low as 2.49 percent are available.
- Within six hours, you’ll have permission and pre-approval.
- Over 20 banks and PSPs form a direct network.
Cons
- It can be challenging to manage numerous things at once.
- The interface dashboard is a bit tricky.
Square
Since 2019, Square has provided CBD processing services. Transaction processing rates are significantly higher than low-risk rates for the company.
Despite this, the small account fees make it an excellent alternative to obtaining a typical high-risk merchant account.
Although the Square website currently lists it as an “early access” program, you no longer need an invitation to sign up.
Square, like its incredibly successful services for low-risk enterprises, openly publishes all fees on its website.
Because of this transparency, you can create a relatively good estimate of how much it will cost you to use its services every month.
Pros
- Predictable, flat-rate pricing
- There are no monthly costs
- Very economical processing hardware
- Suitable for CBD businesses with a low number of sales
Cons
- Problems with account stability
- Customer service is below average
Top Shopify CBD Payment Gateway
We already learned about the top CBD payment processor WooCommerce. WooCommerce is only acceptable in WordPress.
Now, there are other platforms like WordPress, and Shopify is one of them. In this section, we will cover some of the popular CBD payment processing Shopify.
Payment providers from third parties will have their policies as to what items they can support.
To confirm that they can support your products, you should contact the service you’d like to use.
Shopify has worked with integrated payments gateways from third parties that currently support some CBD products based on hemp or hemp-derived.
DigiPay
To enable Hemp’s Payment Processing, DigiPay is fully connected with Shopify. They offer payment processing and so much more for you as a CBD e-commerce or retail company!
DigiPay is the perfect partner for your CBD business, from risk management and regulatory monitoring to rich customer analysis and chargeback avoidance.
Thanks to its powerful function, DigiPay is an excellent choice. DigiPay helps to save time and money from merchants simply by eliminating charges or fraud.
DigiPay can do more than payment processing since its developers are validated by one of the most extensive global archives for digital IDs.
Moreover, by offering you analysis and data, DigiPay will notify clients of the next level.
eMerchants Brokers
eMerchants Brokers are connected to Shopify like DigiPay to boost your sales and the procedure of payment for CBDs.
Brokers of eMerchants may be able to exhibit CBD items from topical, steam, ingestible, flower and pre-rolls, etc., as their Online Store.
People support CBD payments by taking credit cards and enabling clients to pay at their lowest prices in the credit card procedure. They also support CBD payments.
In addition, eMerchants Brokers has done their best to regulate it fully. If you need assistance, your support team will provide you with instant support via email, live chat, and call center services.
Thanks to ACH control, an affiliate program, or free shopping carts, this portal will also provide you an extraordinary chance to optimize your revenue.
Which Payment Gateway is Best?
The best payment gateway is the one for you and your company. I’ve discussed the most practical gateways, but it’s up to you to choose the most important one.
The most popular one is PaymentCloud. Most of the e-commerce sites support PaymentCloud, and it’s the one people trust the most.
But nowadays, Square is becoming more and more popular. In the USA it’s the most reasonable one. We already learn unique features about Square. So it’s worth giving it a try.
Easy Pay Direct is another helpful option ahead of you. It also offers some valuable functions. Moreover, it’s one of the most experienced companies for CBD payment gateway USA.
You can choose anyone from the above for Shopify payment processing. Both are quite good and reliable as well.
Conclusion
It is unimaginable that an e-commerce site or mobile app is available without a payment gateway for checkout. The challenge is, therefore, to choose the finest one for you.
I hope this article has clarified your thinking and talk of the best CBD payment gateway USA for e-commerce stores.
These days the development of mobile apps without payment gateways has disappeared.
It will be reasonable and excellent to spend your time and money on what you can count on.
That’s all from us. I hope this article will help you to choose the best one for your website. Do share with your friends and family as well to spread the good things.