If you are a new CBD or Hemp company. You soon realize that finding a merchant account is almost near impossible. Due to the nature of the business, most banks or merchant companies flag this industry as high risk.
High risk merchant accounts that do process CBD often require higher fees, longer processing history and delayed approvals.
T1 Payments is a high risk merchant processor. They accept CBD / HEMP processing.
- No flowers
- Processing done overseas
- Requires a off-shore business address
- High monthly fees