CBD Merchant Account

Call Now

Cannabis Merchant Account

We specialize in Cannabis Merchant Account and merchant services for Cannabis Merchant Account Product businesses. We approve practically every business type, even if you have been turned down for credit card processing. With decades of experience, our team is here to help. Even if you have been shut down by your current processor, we have a solution for your particular situation. We’re available to answer any questions and provide ongoing continued support for our valued customers.

Don’t hesitate, call us immediately for assistance. Our dedicated staff is standing by to assist you. Our typical turn-around time is 3 business days and in some cases the same day. We look forward to working with you Apply Today

Watch Video

High Risk Merchant Account - HRMA-LLCvideo html by VideoLightBox.com v3.1

The legal cannabis industry is very lucrative, but customers are left with little choice but to make physical cash payments for weed. This is because the industry is yet to be legalized on the federal level. In fact, it is still listed as a Schedule I drug by the federal government. Like every merchant in business, however, a cannabis dispensary owner needs a high risk merchant account in order to provide convenient payment solutions to his customer.

What Is A Cannabis Merchant Account

A cannabis merchant account is one that allows your marijuana business to accept credit and debit card payments directly into your bank account in a secure and affordable way. Today’s economic reality is that accepting credit part payments is a crucial part of any business, which includes those in the cannabis industry. As a cannabis merchant, your business will benefit greatly from providing customers with credit card processing options for their payment needs.

Due to changes in laws and regulations governing main states, there has been an increased desire for cannabis and related services. Whether it be medical marijuana, recreational cannabis or CBD Merchant only, 47 states have now legalized the use of marijuana in some capacity. The cannabis industry is skyrocketing to all new heights as many, previously hesitant, persons are now embracing the industry.

At federal level, however, the cannabis industry is still technically illegal. As a result, many financial institutions are unenthusiastic about accepting or even handling money related to this ‘high risk’ business. This has forced cannabis related dispensaries to run cash-only businesses, even though they are operating within the set guidelines. Cash-only businesses have to struggle with complex hurdles as they are easy targets for crime.

Good news is, payment solutions are on the rise for marijuana related businesses and have made it easier for merchants in the industry to get around strict banking regulations.

Cannabis Credit Card Processing

As you probably know, the legalization of cannabis at state level does not help business owners avoid potential federal penalties. As a result, there are a number of third-party solutions that many cannabis related business owners cannot access. State-level legislations and protections do not cover third-party services. They are also unable to assume the kind of risk that the cannabis industry requires. Dispensary owners in this industry must take advantage of special merchant services for their businesses.

These special merchant services are designed to provide same services as the traditional credit card processing. The magic happens behind the scenes. Funds are not collected directly by the service provider; instead, they are processed by a merchant account. And the merchant account is usually offshore. Offshore merchant accounts are used in this case because they enjoy absolute sovereignty.

The only downside here is that the dispensary will pay two different third-party fees – one to the to the offshore bank that collects and processes payments, and one to the original service provider. There are only few merchant account services that are fully based in the United States of America. Though few and far between, they remain the best option for high risk cannabis related businesses.

Many major credit card networks are still unwilling to associate their brands with businesses in the cannabis industry. Until these products are legalized by the federal government, it is still dubious to be able to set up and maintain a functional long-term cannabis related business. Once this happens, the big and reputable brands will be happy to work with dispensary-type businesses, and take on the risks associated with the partnership.

Unsurprisingly, some business owners currently use offshore merchant accounts to enable their customers make payments via e-checks. This has served as an alternative to credit card processing, and made it possible to customers to make online purchases with the same level of security they would enjoy during a typical credit card transaction.

Why You Need a Cannabis Merchant Services

As a cannabis dispensary owner, the importance of accepting electronic payments cannot be underestimated. As a result, many cannabis merchants often open accounts using false information. Once the nature of your transactions is uncovered by the banks and credit unions, your merchant account will be quickly shut down. Worse still, card associations could blacklist you, preventing you from opening a merchant account in future. To ensure the sustainability and growth of your business, it is important that you have a transparent cannabis merchant account.

A transparent cannabis merchant account will allow you conduct electronic payments today, and if/when the use of cannabis is legalized on the federal level, you would have already gone through the underwriting process with your account.

In recent times, the cannabis industry has experienced rapid growth across the United States. One way or another, the use of cannabis has become legal as it is now accepted in 95% of states in the country. Despite this, cannabis dispensaries have faced sustained scrutiny from banks and payment processors. Truth is, businesses in the cannabis industry deserve to be treated like any other business in the United States. This is especially the case when it comes to cannabis merchant accounts, payment processing for dispensaries, and customer convenience. We expect that legalization on a federal level doesn’t take too long.

Our Benefits:

  • Fast Secure Online Application, provides secure online submission.
  • Multiple Platforms, including CRM & Ecommerce Solutions.
  • Dedicated account managers with decades of experience to share.
  • Diverse Acquirer’s with risk appetite & tolerance for the auto warranty industry.
  • Fast decision turn-arounds on application packages.

Our Mission:

Our goal is to approve all merchants, regardless if you have been shut down or turned down in the past. We understand mitigating circumstances such as chargeback ratios & exponential monthly volume growth can devastate a bank relationship, causing a merchant closure or substantial holds place on an account to protect the bank from losses.

We are dedicated to making every attempt to resolve issues and get your account approved. Our commitment to excellence and going the extra mile to exhaust every opportunity is our mantra. We strive to exceed expectations and utilize our expertise and competence to deliver unsurpassed customer satisfaction.

Our Commitment:

With our team’s unique experience in the payment space, we bring the vital expertise to get your account approved quickly and painlessly. Our staff is committed to providing unsurpassed customer service and strive for 100% customer satisfaction. Give us a call today to discuss all of yourcredit card processingneeds.


At High Risk Merchant Account LLC, your business success is our ultimate goal. Our dedicated staff is standing by to assist you in navigating the payment processing space. With decades of experience, our team is committed to providing competent knowledgeable advice and a plan of action to get your merchant account approved quickly. Call us immediately to get on the fast track for Cannabis Merchant Account approval. Our typical turn-around time is 3-5 business days and in certain cases the very same day. We look forward to working with you!    Apply Online Today