Why It’s Hard to Pay for Your CBD?


Acquiring banks are leery of CBD payment processing because of its link to marijuana. The hemp plant is comprised of cannabidiol (CBD) and THC. While THC is the psychoactive, painkilling chemical in marijuana, CBD is a natural analgesic with hardly traceable amounts of THC (< 0.3% THC). The association itself, however, is enough to scare off certain acquiring banks. Since the industry is still new, misconceptions toward merchants with legitimate businesses who are selling regulated CBD products are penalized for it.

There are a few credit processors that will approve your business because of the association it has with cannabis. Therefore, very few merchant account providers will want to give you an account to being the process of selling. This occurs because CBD products are labeled as 'high risk' to these merchant account providers and banks are very selective with the types of business they will serve. 

Although the 2018 Farm Bill was signed by the President and is in effect as of Jan. 1, 2019, popular aggregators such as PayPal, Strip, and Square don't support any business associated with CBD products. Even if yu begin the process of setting up you vmerchant account with one of these service providers, eventually these business will run the impending risk of having their aaccount closed when they realize the business includes CBD products.

Gladly, Brio has integrated Green.Money on their website! Green.Money allows us to provide a secure and safe payment procession solution for our customers. 


What are eChecks?


An eCheck (or electronic check) is an electronic version of a paper check used to make payments online. Anyone with a checking account can pay by eCheck.

The reason why we’re using eCheck processing is to protect the customers and ourselves from the loss of credit/debit card or financial damages and to avoid any possibility of legal prosecution.

Yes, you heard that right. It is illegal for consumers of CBD product to make purchases with their credit or debit cards. This includes Visa, Matercard, Discover Card, American Express, and all other debit/credit cards. Words like “CBD”, “Hemp”, and/or “Cannabis”, are words that can be flagged.

The eCheck payment process allows us to utilize a different system than the credit/debit card Merchant Service System and makes it legal to but Hemp CBD products and does not require age verification that runs our customers personal/private information through multiple databases for verification.

The payment process on the customers end is the same! Enter your routing number and bank account number from your checking account and your product is on its way!