North pioneers CBD payment processing & merchant services.
A POS system that gives you peace of mind for your CBD business.
A POS system that gives you peace of mind for your CBD business.
Unlike some financial institutions, North doesn’t discriminate against CBD merchants or the potential risks of the CBD industry. To us, you're like any general business owner looking for reliable payment processing and back-office solutions that can help you increase your efficiency and profitability.
We accept all ways to pay, from traditional cash, check, and credit/debit cards, to digital wallets.
Our expert ecommerce solutions can help whether your business operates solely online or in a hybrid model.
North aids you in setting one low rate for every transaction with a cash discount for non-card users.
Choose from the latest payment devices for your CBD business. Sell, scan, and print a receipt from a single device and seamlessly accept all types of traditional and contactless payments behind the counter or anywhere on your sales floor. All while simplifying your employee, inventory, and customer management.
Receive daily reports on all chargebacks and cardholder disputes from the previous business day so that you can stay on top of managing CBD credit card processing transactions even after they have been completed.
Our back office tools let you identify first-time visitors along with loyal customers. We also enable you to keep track of employees with schedule creation and performance report generation.
North’s POS solutions go beyond managing people. Use our solutions to track and sync your inventory across devices and locations and enable low-stock alerts.
We offer more than a way to accept credit, debit, and contactless payments for your CBD business. With North's CBD payment processor, you’ll get access to the latest POS system and merchant solutions to help diversity and simplify your checkout process while boosting your bottom line and keeping your customer information safe.
Suppose you’re looking to expand the payment options you offer at your CBD business to include credit and debit cards. In that case, you’ll first need to secure a specialty merchant account through a payment processor experienced in that area.
This is because several factors have led payment technology companies to consider CBD businesses hard to place, requiring a specialty merchant account.
Luckily, there are a few CBD payment processors like North that have years of industry experience and expertise with specialty payment processing and can offer high approval rates and affordable and compliant credit card processing to CBD merchants.
You’ll just need to provide a few more details during the application process and, depending on your situation, you may be required to keep a small portion of your credit card transaction proceeds in what is called a rolling reserve. This is to help pay off chargebacks, though here at North we have solutions to help you minimize those costly disputes and stop fraud before it happens.
CBD businesses have traditionally been considered “specialty” or “hard to place” businesses for several reasons. For starters, local laws differ, while outdated regulatory laws regarding CBD products have led to increased federal restrictions.
As a result, there’s been some trepidation regarding CBD merchant processing. Then there’s the high rate of chargebacks associated with the industry.
Therefore, while you may not think of your CBD operation as hard to place, as of now merchants selling CBD need specialty merchant accounts to accept credit and debit cards. The good news is, forward-thinking CBD payment processors like North are here to provide CBD businesses with direction. We have decades of experience working with specialty businesses. Our credit card processing even comes with the latest tools to help minimize chargebacks and fraud, so you can maximize your profits.
While the CBD industry is relatively new, we’re not. Work with North for a CBD merchant account from a reliable payment processor — one who understands your industry and who has been around since 1992.