The CBD or cannabidiol has given much to talk about in recent years to promote itself as the “medical marijuana without the effect of feeling drugged.” It is a non-psychoactive compound found in some varieties of the Cannabis Sativa plant and whose medicinal effects have proven to work in diseases such as cancer, seizures, multiple sclerosis, Parkinson’s disease, arthritis, and depression, among others It also has a series of therapeutic benefits.
However, it is still illegal in many countries of the world, which means that those who trade in this product are considered by financial institutions to be “high risk”.
For these CBD companies struggling to achieve a stable commercial banking solution, there is the Southern Institute. A company with 20 years of experience specializing in the creation of reliable merchant accounts for leading and high-risk companies.
Its team of professionals is highly trained to offer third party credit card processors for cbd services, helping to avoid fraud and keeping each company up to date with state legislation, thus avoiding any legal problem. In addition, they have excellent banking connections, chargeback protection, and payment gateway; a tool that allows customers to promote and sell their products around the world.
Southern Institute services as third party credit card processors for cbd are designed to offer a reliable and accessible payment solution for both medical and recreational dispensaries, and for buyers. This merchant account service, in an effort to satisfy all your business needs, is available for retail and e-commerce services.
Likewise, they are willing to offer advice, tips and commercial services to companies of all sizes in the cannabis industry; businesses that are just beginning or that are already well established. Your payment solutions are the best option for third party credit card processors for cbd to carry out secure transactions with your customers.