If you’re in need of an online credit card processing solution for CBD oil sales, The Transaction Group (TTG) can help!

TTG is a payment solutions provider that offers credit card processing services for every business type.

We have proudly been working with the cannabis industry since 2010, assisting medical and recreational marijuana dispensaries with non-cash payment solutions.

And, we have a credit card processing solution specific to CBD merchants selling products containing zero or extremely low levels of THC.

The CBD Oil Industry & The Farm Act

Whether you call it CBD or cannabidiol oil or cannabis oil, the product is a derivative of cannabis. And despite the fact that the product may not contain THC (or very low levels), CBD was previously classified as a Schedule 1 drug by the DEA.

But the times have changed. In recent years, the medical community had reported that CBD can be potentially helpful for certain health conditions. The research and findings helped the signing of the Farm Bill of 2018, which makes hemp and CBD oil legal on the federal level in the United States.

No longer do CBD merchants have to use risky offshore or alternative credit card processing solutions to take payment from customers.

Experts in Payment Solutions for Every Industry

At TTG, we’ve been providing payment services for all business types since 2004. We have developed many domestic banking relationships and utilize this network of partners in order to provide merchant account solutions for any business.

We offer a traditional domestic credit card processing solution for both e-commerce and brick and mortar CBD oil retail stores:

  • All major credit card brands accepted
  • Compatible with most online shopping carts
  • Start up businesses accepted (no previous credit card processing history required)

Our online credit card processing services for CBD oil merchants use Authorize.net and NMI payment gateways and are easily integrated with any online shopping cart.

Our solution also includes a virtual terminal. With the virtual terminal, merchants have the ability to key-in transactions for customer purchases. This feature is ideal for phone orders as well as face-to-face transactions at conventions and industry events.

Great Merchant Account Program with Fast & Easy Setup

Our merchant account solution is available for CBD merchants selling products containing less than .3% THC. The solution has:

  • No application fees
  • No setup fees
  • Early termination fees waived
  • No Required Reserves
  • Fast approval (5-7 business days)

TTG makes the entire setup process as painless as possible. As long as a merchant is not selling paraphernalia or any cannabis products, merchants can be approved in 5-7 business days and be setup to process credit cards in under 2 weeks.

If you are interested in learning more about credit card processing for CBD oil online sales, contact us today at 888-383-8056, or complete our short application.

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