>2020 is here and that means making changes that you either did not do last year for your business, or that you legally could not do, when it comes to CBD and Cannabis accessories. But its a new year, in fact, a new decade and that means some new solutions for both USA and Canadian companies who operate ecommerce websites or physical locations selling these variety of goods.
New Solutions For CBD
CBD is being sold all over the United States and Canada, but if you’re in the market or are looking to get into selling these goods, you were limited to cash only purchases for quite a while. Now though, you have some veritable solutions whether you are in the USA or Canada and selling CBD. No longer deemed high risk the rates have been reduced and the direct deposit time frames have come closer to what is standard. In the past these companies would be deemed “high-risk” and have big reserves and expensive processing fees & rates. That is no longer the case.
New Solutions For Cannabis Accessories
This may seem odd when referring to a “new” solution, but for quite a while it was not straight forward to accept debit and credit cards for cannabis or marijuana accessories. When it comes to items like water pipes, grinders, bowls, rolling papers, vaporizers, and more; it was always legal to own but when it came to selling there were other restrictions. Banks didn’t want to allow companies to accept payments for this sort of thing, but now with full recreational and medical cannabis legality in Cannabis in and many states in the United States, that is no longer the case. Now accept all forms of payments for your head shop or coffeshop accessory items.
Combining CBD & Cannabis
With full legalization in Canada and in various states around the USA, you see more and more dispensaries accepting credit and debit payments. But they need to be set up in a specific way that complies with all state, local, and federal laws no matter what country you’re operating in. These laws are ever changing as well so it takes staying current and up to date no matter where you operate. But now finally you can start accepting all forms of payment for this sort of thing.
With 2020 here you should be looking to make your company as up to date and modern as is possible. That means offering more than just cash purchasing options to your customers and providing the best solution for your business. With low rates and fast deposit time frames, start today with a free no obligation consultation regarding your business today. For the best in Cannabis Accessory Credit Card Processing Services, call today.