CBD Merchant Account Solutions

Fast Approval + 25% Lower  Fees

First Card Payments has over 20 years experience as a CBD merchant processor.

CBD oil and CBD related products are part of an emerging market that is expanding at a fast rate.

Though CBD itself is not psychoactive and for years it has offered a variety of life changing effects for people all over the world, the industry is still seen as taboo and illicit.

Of course we know different which is why First Car Payments offers merchant account services for what banks and ISO’s consider a high risk merchant industry.

There is no stigma here. One day the rest of the U.S. will understand that CBD is a powerful healing product and very different from marijuana.

eCommerce has expanded the reach of CBD throughout the U.S. but businesses struggle to find CBD payment gateways and card processing to meet their needs and the needs of their customers.

It is being used all over the world in many different types of applications. Don't let a merchant processor take a huge percentage of your profits as the CBD industry soars to a multi-billion dollar valuation. Keep fees lows and work with the exerts at First Card Payments. 

Click to Call - (877) 441-6801 


With the enormous growth, banks/ISOs see a budding new billion-dollar industry which they want to tap into. CBD merchants just like any other industry needs the benefit of being able to accept credit cards. It’s our goal here at First Card Payments to guide you through all the twist and turns in order to get you approved for not only a merchant account for your CBD business but a backup account as well.

First Card Payments has 20 years’ experience as a high risk merchant card processor and our relationships with banks and ISO’s allows us to provide excellent services and low fees to businesses looking for a CBD merchant account.

In the card processing industry, it helps to trust the people you work with and at First Card Payments we offer that level of honesty and transparency. We take care of the processing so you can focus on your business.

CBD Applications

  • Edibles – Gummies, Chocolates
  • Flower – Smokable
  • CBD lotions and Creams
  • Tinctures
  • Vape Cartridges
  • Food and Water
  • Bath and body
  • CBD for Pets

Why a CBD Merchant Account Is Tough to Find

CBD merchant accounts are not given to just anyone. The laws concerning the CBD industry differ state to state and there is still a stigma attached to CBD because of its relationship with marijuana. The FDA and Federal government can intervene, even in a state where everything is legal, and freeze funds. Banks hesitate to trust these types of businesses.

Again, we know different, but the old guard in charge is struggling to change their views and until the world has caught up, it will be difficult for CBD business banking to be legitimized. Not to worry, that’s where we come in!

The good news is First Card Payments monitors all CBD regulations, in all states very closely. We anticipate changes and work to make sure that all CBD credit card processing is never interrupted.

We work on merchant accounts for CBD startups and multimillion dollar CBD product manufacturers. Size doesn’t matter here, what matters is the integrated functionality to ensure you can accept and process payments for your CBD products.

Why Banks Hesitate

The CBD industry is not regulated enough, and banks and ISOs aren’t certain if a company is selling CBD that is within the 0.3% THC or less (which makes the product legal by FDA guidelines).

Some banks will provide merchant processing for CBD businesses, but they will only take a few clients at a time. When they have stopped accepting business, another bank will fly in and take on some business as well.

Unfortunately, not all the banks are maintaining due diligence when underwriting these accounts. As a result, certain banks have stopped working with CBD businesses for now. There are fewer banks offering CBD credit card processing and the list for approval is long.


Just because the CBD industry is considered high risk, it doesn’t mean you must pay high fees for merchant services. It’s true it is somewhat higher than a traditional merchant account considered low risk by the merchant processing industry. We help you avoid chargebacks and charge lower fees!

CBD merchant account providers know this and they take advantage of their customers. For 99% of CBD businesses, we can cut fees by 25%.

This is what we do and we can do it for you. Better prices right now!

Farm Bill & How it Affects Your Business

CBD is very different from marijuana which is considered a SCH 1 drug by the FDA (Federal Drug Administration). But hey we know that!

The recently passed 2018 Farm Bill allows CBD which has a THC level of 0.3% or less to not be considered a schedule 1 controlled substance. However, every state has different laws and regulations which they can change at any time.

The first major Bank/ISO stepped into the CBD arena approving all CBD accounts with the least amount of documentation possible (Driver license, voided check, utility bill, and an application).

As a result, everybody signed up only to have the rug pulled out from under them, because of the extremely light underwriting they were forced to cease all their CBD business.

During this period multiple banks decided to step into the CBD arena, each Bank with different underwriting guidelines which included COA’s, dept of agriculture licenses, full product lists, and much more.

This allowed these banks and other banks the luxury of figuring out the correct way to offer CBD merchant processing. This has kept certain solutions still available, but also paving the way for a bunch of future processing solutions to become available soon.

It’s a mess, but a very profitable mess. CBD is a billion dollar industry and regardless of the current laws, we have solutions for your CBD company.


We are in your corner, and we can help you figure out the financials of your CBD business.

Unlike our competition we help consult and guide your business for quick approvals and long-term merchant processing success. We help with your CBD business as if it was our own.

We will strategize with you to keep your merchant processing at its very best. For instance, we will help you keep chargebacks ratios down, as well as helping you grow without being limited by merchant processing caps, so you can expand. We like to set our clients up with backup accounts thereby giving you an added layer of protection if an account gets terminated for any reason.

Give us a call and experience the First Card Payments difference.

How to Apply for CBD High Risk Merchant Account

A debate is still underway on whether CBD should be declared legal or not. Although this alternative treatment has been controversial, many health experts have also described its many health benefits, especially in treating depression and epilepsy.

Now if you’re running a CBD business, you may find it hard to apply for a payment processor because you’re tagged as a high risk merchant. But with these tips, you will not only make the application process easier but you’ll also get better chances at an approval:

You need to be clear about your products.

One of the reasons CBD is such a controversial industry is that there are no proper regulations in place to ensure that CBD products are used only for medical purposes and not as an addictive drug.

So if you don’t want to be snubbed by banks and financial institutions, you need to be clear about product descriptions. Most merchant account providers would only approve companies selling CBD products with less than the allowed 0.2% THC content in their product.

You need to build good credit standing.

Since you’re already in such a highly controversial industry, you don’t need any additional red flags to make banks question your credibility even more. If you don’t have a business credit score yet, this is the time to build one and maintain it so it’s easier for you to prove your credibility as a business.

Now if you already have bad credit history, you need to pay any pending debt, save up enough money in the bank and make sure that you don’t incur any more chargebacks because this could hurt your chances at getting approved for an account.

You need to prepare all the necessary documents.

Aside from your application form, you also need to prepare some documents to help prove your business’ credibility. These include a government-issued ID such as your driver’s license, three months of your most recent bank statements, your EIN or SSN, a bank letter or pre-printed voided check, and of course, a secure and fully operational website. Underwriters will look into these documents as they review your application, so having them handy will help you prove your credibility better and increase your chances of getting an approval.

You need to look for the right payment processing gateway.

Finally, it’s very important to find the right payment processing partner to provide you with a high risk merchant account. For one, your payment processor should be capable of handling high risk transactions to avoid friendly fraud and high chargeback rates that could hurt your reputation badly.

You should also look for a partner that charges reasonable fees so you don’t end up paying more than what you’re earning, and it wouldn’t hurt to find a payment processing gateway that can already provide you with point-of-sale (POS) if needed.

At the end of the day, getting approved for a CBD high risk merchant account will boil down to how prepared you are when applying for one.  

Learn More About The CBD Industry 

April 27, 2021
high-risk marijuana industry

How Much Longer Will the Marijuana Industry Remain High Risk?

Having long been considered illegal and a taboo industry, marijuana cultivators and users are still working towards its legalization. As marijuana use becomes more accepted both […]
January 26, 2021
high-risk cbd merchant

Will Marijuana Still Be a High-Risk Business If It’s Legalized in 2021?

Marijuana Legalization Might Mean CBD Businesses No Longer High Risk Despite the controversy surrounding it, CBD has skyrocketed to fame over the last few years. CBD […]