Mygreen Merchant Services

  Before getting into the nitty-gritty let us know what is CBD and what exactly is CBD merchant account. CBD stands for cannabidiol. CBD products are made from the ingredients of cannabis (marijuana). CBD products are high-risk products and therefore payments made for these products are susceptible to major risks. Risks are that of legislation, risk of chargeback, and reputation risks.  A CBD merchant account is used to process credit card payments made for CBD products. These accounts fall under the category of high-risk accounts and face difficulties in getting approved. How to apply for the CBD merchant account  It is a very simple process you just have to follow these simple steps. Get the application form Fill in the important information such as company registration information, voided check from the depository account, details on the product being sold, and the Government Issue id. Accounts can be approved within 48 hours. When your CBD account is approved you can ...