@Nikki77 reach out to firstname.lastname@example.org or 8138674051. He will get your background and let you know what solutions we have that will work for you long term. We will not be putting you into another aggregate merchant account. This would be a dedicated MID. It's entirely based on your business so let's chat and see if we can help.
The situation that you're dealing with sounds terrifying. However, there's an easy to integrate, Shopify compliant solution that you can begin using today. That's right, I said, today. You can get back up on your feet accepting credit cards and debit cards in less than two hours time.
By the way, I'm a certified full-stack developer/coder and Shopify approved partner. I've using this method to help hundreds of merchants that sell CBD, vapes, flower, kratom...you name it. Not one person has been shut down. That name of the game is that [you must comply with Shopify's payments policy]. As you're well aware, hemp-derived is still considered a high risk or prohibited product in some financial circles. So, you'll have use a payment acceptance tool that gives you the ability to accept credit cards & debit card while remaining compliant with Shopify policy at the same time. Do that and you'll be okay.
1. Use a peer-to-peer credit card acceptance platform such as Google Pay. There are several others. With Google Pay (as one example), getting an account takes less than five minutes to activate. The underwriting approval requirements as super simple. Have an active Google account AND store a bank-issued debit card into their system. When customers make payment the funds are deposited into the bank account associated with your debit card. Read this part carefully. Most peer-to-peer money transfer solutions settle funds into an account owners bank within minutes. Not days. Within minutes the credit or debit card funds will have settled into your bank.
What are the 2 processors that you are referring to in your comments? I need to find someone quickly - we added CBD to our medical equipment lineup and now I'm told that I have to remove them or find a new processor. I am not going to remove them, so looking for a good, fair, processor to help me out.
I sent you a private message that answered your question in detail. Feel free to get with me at your convenience.
For other CBD sellers facing a similar crisis and have an urgent need for credit card acceptance, I strongly recommend Google Pay.
I'll also give a positive shout out to Emerchant Broker (EMB) for doing an awesome job of helping CBD sellers. In late September of 2019, EMB became a Shopify approved payment processor. EMB offers CBD-friendly merchant accounts to businesses in nations all over the globe. I'm getting clients approved and activated inside of 7 to 10 days. time. Got questions? Send me private message.
Owner of KJ Proweb
Expert Full-Stack Developer & Shopify Partner
Wow, it's crazy how many people are on this thread. I'm glad it's helping people. My friend who sells flower went through InclusivePay
I only sell cbd skincare but so far so good! Crazy good rates too. I got IC+ 2%. That is only for products that go on your skin - not in your mouth.
You can email them at email@example.com. They have some great videos on their Facebook https://www.facebook.com/inclusivepay/
I appreciate all the info, @kjproweb, but how can you code Google Pay to directly accept payment through Shopify's checkout as it is a secure page? I'm looking for an alternative to my current processing, but I'd like it to be a one-step process and not something where once I get an order, I have to go out of my way to send my customer an invoice through Google Pay?