Merchant Services

CBD Merchant Account : CBD abbreviated as Cannabidiol, is a chemical compound from Cannabis plant. It’s a naturally occurring substance that’s used in products like oils and edibles to impart a feeling of relaxation and calmness. Unlike its cousin tetrahydrocannabinol (THC), which gives a person high when consumed. That is the reason CBD business is considered as a high-risk business and if the account gets approved, the merchant would be given a high-risk payment gateway. However, CBD is not psychoactive. Steps For A Merchant Account: The CBD falls into the grey area depending upon its cultivation and extraction. Possession laws for cannabis vary from state to state, and natural marijuana derivative cannabidiol, or CBD, faces more concentrated regulations due to its more medicinal focused uses. The CBD industry is regulated still, it is expected to be a market of $2.1 billion in the year 2020.  Certain Steps To Set Up A CBD Or Hemp Merchant Account: If you as a...

Payment Processing : Nowadays, there are a lot of e-commerce and m-commerce transactions; opening doors for cybercriminals. As a merchant, you need to confirm that you provide the best payment security and that your customers don’t have to worry about their data. Customers usually cannot select their own payment gateway , so it’s up to you to make the best and perfect choice for them. Credit card payments are still the most ordinary type of payments, but woefully with the growing number of online payments, scammers are also growing. Data thieves have a huge amount of command on how new technologies work, so they are always looking for the unprotected points of payment processing. There are a lot of ways to secure your data and prevent it from being stolen. Given below are some of the ways: SSL PROTOCOL Each and every transaction should be secured with SSL protocol. SSL helps to encrypt the information so that the card details and all other sensitive and important data...

Payment Card Industry (PCI)  compliance refers to the technical and optional standards that businesses must follow to ensure that credit card data provided by the cardholders is secure. The compliance is enforced by the PCI Standards that set the guidelines. Furthermore, it needs to be enforced by all the merchants and businesses irrespective of their turnover or growth and the number of  credit card/debit card transactions  they are dealing with. They have to follow the guidelines of PCI compliance to secure the sensitive information of their customers. This reduces the likelihood of theft of financial and personal data. HOW DOES PCI COMPLIANCE WORK? PCI DSS keeps itself updated with new norms to keep new threats at bay. Its guidelines are implemented in both, the administration and technological part of the merchant business. Hence, you will have to keep your website updated regularly and make sure the payment deals are in accordance with PCI complianc...

When you need a  CBD merchant account , one of the things you’ll notice is all the credit card processors that are going to refuse to give you one. It’s a real problem for people who sell CBD edibles, hemp and cannabis oil, and other items in the marijuana industry. Fortunately, this doesn’t have to be a problem for you any longer. Merchant Stronghold will work with you on opening a CBD high-risk merchant account and keeping your account alive. With so many states allowing cannabidiol and CBD oil product sales for both medical and recreational use, the demand for payment processing in this pseudo marijuana industry is growing. However, many banks and other financial institutions feel that this industry is too high risk or potentially damaging to their reputation. Because of this, they are reluctant to handle any type of payment processing for CBD merchants. This has led to a crisis with companies that offer CBD, hemp products, vape equipment, and other marijuana-related o...