Many CBD businesses are now looking beyond borders to reach more customers and grow in the global market. As these companies expand, having the right payment solutions for international transactions becomes more important. Choosing suitable international payment options can help CBD merchants serve customers worldwide and keep their business running smoothly.
Opening a CBD merchant account by Sensapay can be one of the ways merchants manage payments for their global customers. By exploring their available choices, businesses can better decide what works best for their needs and keep up with changing demands.
Payoneer – widely used for international ACH and wire transfers, suitable for CBD merchants
Payoneer is a popular choice for sending and receiving money across borders. It allows businesses to use ACH and wire transfers, which makes payments smoother for international transactions.
Many CBD merchants prefer Payoneer because it has flexible options for paying suppliers, contractors, or remote teams. Users can send payouts directly to local bank accounts or other Payoneer accounts.
ACH transfers through Payoneer can lower fees when compared to regular wire transfers. This helps merchants save money while managing international payments. Payment tracking is also available so businesses can stay updated during each step of the transfer process.
Payoneer aims to meet the needs of companies that work in different currencies and countries. It provides an easy-to-use platform for handling cross-border payments, which is especially useful for CBD-related businesses wanting to grow internationally.
Stripe Atlas – supports global business payments and high-risk industry processing
Stripe Atlas helps merchants run businesses with customers in many countries. It allows companies to incorporate in Delaware and get a tax ID for smoother operations. By doing this, merchants gain the benefits of a U.S. business presence.
Payments can be accepted from different countries and in several currencies. This makes reaching global buyers simpler. The platform is built to work for many types of businesses, including those in certain high-risk industries like CBD, depending on regulations.
Setting up an account is straightforward. After incorporation, you can open a business bank account. Merchants can then use payment processing tools to collect payments from clients worldwide. Tax filing and legal support are also available through partnered service providers.
NMI Payment Gateway – powerful for credit card and debit transactions, favored by high-risk merchants
The NMI payment gateway is a popular choice for merchants working in high-risk industries like CBD. It allows businesses to process credit and debit card payments, which many other platforms avoid.
This gateway stands out for supporting transactions in many international currencies. This is important for CBD businesses that want to reach customers outside their home country.
NMI is known for its flexible payment tools and ability to handle recurring billing. This helps merchants manage subscriptions or ongoing payments easily.
One reason CBD merchants pick this option is that it works well for high-risk accounts. The gateway is designed to protect sensitive payment data and limit payment problems.
NMI also connects with many processors. This gives CBD businesses more freedom to find the best payment processing solution for their needs.
Soar Payments – fast approvals with multiple international payment methods for CBD businesses
Soar Payments offers quick approval times for merchants. This is helpful for CBD businesses that want to start accepting payments without long waits.
It provides several options for international payments. Merchants can accept credit cards and other major payment types from buyers in different countries.
CBD businesses appreciate the simple setup and the ability to pick from various payment gateways. This flexibility helps them serve both local and international customers with ease.
The main goal is to help businesses process sales smoothly. Soar Payments makes it simple to get started and take payments from a global customer base.
Worldpay – offers global payment options, including multi-currency support and fraud protection
Worldpay gives CBD merchants access to global payment options with features that help serve customers worldwide. It supports payments in more than 120 currencies, making it easy for a store to accept and settle transactions from many countries.
This multi-currency support lets customers pay in the currency they know, which can build trust and make purchasing smoother. Businesses can also receive funds in their chosen currency, helping with accounting and cash flow.
Fraud protection tools are included, helping merchants lower the risk of unwanted charges or chargebacks. These tools screen transactions for possible threats before a payment is approved.
Merchants can also track and review payments using built-in reporting features. This gives them a clear picture of how their business is doing in other markets. Worldpay’s setup can work with different payment methods and software, providing flexibility to match various business needs.
Conclusion
CBD merchants face special challenges when handling payments worldwide. They must use payment processors that work with high-risk industries and give access to different payment methods.
Many merchants look for a simple setup, fair rates, and support for both cards and bank transfers. It’s smart to review contract terms and check if the processor can handle the business’s needs in each country.
Making careful choices will help prevent payment issues and support business growth for CBD sellers in the global market.
