Kyle Hall— CEO of PayKingsKyle has built his over 10 year career around high-risk payment processing and SaaS development, developing a deep understanding of the payment solutions business owners need. In addition to equipping high-risk merchants with payment processing tools for success, he has also founded PulseCRM (a CRM built specifically for the needs of the payment industry). Kyle’s focus has always been on creating practical systems and strategies that help businesses scale, not just in theory, but in practice.
Get approved in as little as 24 hours. No setup fees, no hidden costs.
A CBD merchant account is essential for every legal hemp business. Card brands and acquiring banks classify CBD as high risk, so mainstream providers routinely decline or freeze CBD sellers without warning. PayKings underwrites high-risk CBD merchant accounts and CBD credit card processing in as little as 24 hours, so you can accept payments online and in-store without interruption.
Set Up Your CBD Merchant Account in Four Easy Steps
Begin with our straightforward online application to start your merchant account setup process.
Provide essential documents to support your merchant account application.
Our experts guide you through the underwriting process to ensure a smooth and efficient approval.
Begin accepting payments seamlessly and focus on growing your revenue.
Comparing the best CBD merchant processor options comes down to four things: approval speed, reserve terms, chargeback protection, and support. Mainstream providers like Stripe, Square, and PayPal decline CBD outright, and even high-risk competitors such as Easy Pay Direct and PaymentCloud can take days to place an account. PayKings approves most CBD merchants in as little as 24 hours.
Rolling reserves with PayKings typically run 5-15% — standard for the industry and disclosed up front — and every account includes chargeback management software plus a Dedicated Account Manager who knows the CBD industry. Fast approvals, fair terms, and hands-on support are what make PayKings the best CBD payment processor for high-risk hemp businesses.
Searching for payment processors that allow CBD? Aggregators like Stripe, Square, and PayPal prohibit hemp-derived products because card-brand rules and their sponsor banks classify CBD as high risk — sudden freezes, fund holds, and terminations are the norm. CBD-friendly payment processors are high-risk specialists that maintain direct relationships with acquiring banks willing to underwrite the vertical.
When you evaluate payment processors for CBD, look for transparent high-risk underwriting, banking partners that accept hemp merchants long-term, built-in chargeback mitigation, and contracts written for federally legal products containing 0.3% THC or less. PayKings checks every box and never surprise-terminates compliant CBD merchants.
CBD credit card processing costs more than low-risk retail because acquiring banks price in regulatory and chargeback exposure. Most CBD businesses can expect a rolling reserve of 5-15%, held temporarily to cover potential chargebacks, with rates determined by your processing history, monthly volume, product mix, and chargeback ratio.
Unlike CBD credit card processing companies that bury costs in the fine print, PayKings quotes your rate, reserve terms, and settlement schedule before you sign — and our chargeback prevention tools help you lower your risk profile, and your fees, over time.
Comprehensive payment solutions tailored for your CBD Oil business
Approval for a high-risk CBD merchant account doesn't have to take weeks. Start with our online application and submit three months of bank statements, prior processing statements if you have them, a government-issued ID, and Certificates of Analysis (COAs) showing your products contain 0.3% THC or less.
Our underwriting team matches your business to an acquiring bank that accepts hemp merchants, reviews your documents, and issues approvals in as little as 24 hours. Once approved, we connect your payment gateway or POS so you can start accepting credit cards right away.
PayKings supports CBD oil credit card processing alongside every major hemp-derived category: oils and tinctures, gummies and edibles, capsules, topicals and serums, and pet CBD products.
The same underwriting covers hemp credit card processing and hemp oil merchant processing, so whether you need a CBD oil merchant account for a single product line or a full hemp catalog, one PayKings account handles it all.
Launch a payment gateway for CBD that plugs directly into Shopify, WooCommerce, and BigCommerce, or use our hosted checkout and API for custom stores. Every CBD payment gateway includes tokenization, encryption, and fraud screening, and pairs with virtual terminals and POS hardware — so your CBD business can sell everywhere your customers shop.
Built for the businesses other processors turn away.
Everything you need to know about high-risk payment processing
See how PayKings supports adjacent verticals and the payment solutions that pair with them.
