Although CBD or cannabidiol has been shown to be effective in the treatment of diseases such as Parkinson’s disease, cancer, multiple sclerosis, depression, joint pain, seizures and much more, its use at an illegal in many parts of the world.
Therefore, industries and traders engaged in this type of trade are considered by financial institutions as “high risk”, making it impossible or hindering the possibility of accessing credit card processing services for their products.
The solution for this type of companies in terms of commercial services is in Southern Institute. It is a consulting company in electronic payments, created in 1995 and serviced by the Steward group, specializing in high-risk commercial models, both retailers, and electronic stores.
Southern Institute provides online payment solutions internationally, offering reliable merchant accounts and helping customers reduce the overall cost of credit card processing, as well as minimizing chargebacks.
Likewise, they keep companies up to date with state legislation, preventing legal problems. They work with fraud prevention tools and have excellent banking connections as third party credit card processors for cbd. On the other hand, its payment gateway service allows customers to promote and sell their products globally in a secure manner.
All these tools are designed to meet the particular needs of each business and allow companies to lay solid foundations that allow them to grow.
The third party credit card processors for cbd from Southern Institute represent a necessary solution for this high-risk industry that needs a stable and accessible commercial banking option, as well as a secure mechanism through which to transact with buyer clients.
Currently, they present solutions anywhere in the world so that this medicine reaches all patients suffering from these horrible diseases. These commercial services are available for businesses that are just beginning and for the most established, with the most accessible and competitive rates.