Unlock the Full Payment Solution for Your Marketplace Ecosystem

Harness iPay Digital Comprehensive API

Leverage the iPay Digital API to build your customized Marketplace. Streamline client and business onboarding, seamlessly receive payments, and facilitate a smooth payment process for third parties. Our tailored white-label solution provides a robust foundation adaptable to almost any Marketplace vertical.

Ensuring a smooth onboarding process for buyers and sellers is paramount. With just a few steps, users can create an account and seamlessly link their bank account through Plaid, guaranteeing instant profile verification and facilitating hassle-free transactions.

Every step is seamlessly executed within your customized UI, ensuring a cohesive and branded experience for your users throughout their journey.

Industries Served with Marketplace Payment Products

Crowd Funding

Online Gaming


Financial Services

Property Management


Does this solution sound right for you?


Selecting the best payment processor for CBD products depends on various factors including the nature of your business, transaction volume, geographic location, and compliance requirements. As CBD is considered high-risk by many traditional payment processors, it’s essential to choose a provider experienced in handling such businesses. Some reputable payment processors catering to the CBD industry include Square, Shopify Payments, and Authorize.Net. However, it’s crucial to conduct thorough research and consider factors like processing fees, integration options, customer support, and compliance with industry regulations before making a decision. Additionally, consulting with industry experts or legal advisors can provide valuable insights into selecting the most suitable payment processor for your CBD business.


The best payment method for CBD transactions depends on several factors, including the specific needs of your business, customer preferences, and regulatory requirements. While credit and debit cards are commonly preferred by customers for their convenience, many traditional payment processors consider CBD transactions high-risk due to legal and regulatory uncertainties surrounding the industry. As a result, some CBD businesses encounter challenges in obtaining card processing services.

In light of this, alternative payment methods such as ACH (Automated Clearing House) transfers, e-checks, and cryptocurrency payments have gained popularity in the CBD industry. ACH and e-check payments offer secure and cost-effective options for transferring funds electronically, while cryptocurrency transactions provide an added layer of privacy and security. Additionally, some CBD businesses opt for cash payments or bank transfers to facilitate transactions.

Ultimately, the best payment method for your CBD business depends on factors such as customer preferences, regulatory compliance, processing fees, and the availability of payment options. It’s essential to explore different payment methods and choose the one that best suits your business model and meets the needs of your customers while ensuring compliance with industry regulations.

Several platforms allow CBD sales, but the availability may vary depending on factors such as geographical location, legal regulations, and platform policies. Here are some commonly used platforms that permit CBD sales:

  • Shopify: Shopify is a popular e-commerce platform that allows merchants to sell CBD products, provided they comply with Shopify’s terms of service and applicable laws and regulations.
  • WooCommerce: WooCommerce is a customizable e-commerce plugin for WordPress websites. Merchants can use WooCommerce to set up online stores and sell CBD products, but they must ensure compliance with legal requirements.
  • BigCommerce: BigCommerce is another e-commerce platform that permits the sale of CBD products. Merchants can leverage BigCommerce’s robust features to create and manage their online stores.
  • Square Online: Square Online is a user-friendly platform that enables merchants to set up online stores and accept payments for CBD products. Merchants can integrate Square’s payment processing services for seamless transactions.
  • Magento: Magento is a powerful e-commerce platform that offers flexibility and scalability for merchants selling CBD products. Merchants can customize their online stores and leverage Magento’s features for efficient sales management.

A high-risk merchant account typically refers to a payment processing account held by businesses that are deemed to pose a higher risk of financial loss to the payment processor. Several factors contribute to this classification, including industry type (such as adult entertainment, online gambling, CBD products, and pharmaceuticals), poor credit history, high chargeback rates, international sales, and subscription-based models. Businesses labeled as high-risk may encounter challenges in obtaining payment processing services, higher transaction fees, and stricter underwriting requirements from payment processors. However, being classified as high-risk does not necessarily imply engagement in illegal activities, but rather reflects the perceived financial risk associated with the business operations.


For ACH payments, you typically need the following: 

  • Bank Account: To initiate ACH transactions, you’ll need a valid bank account. This is where the funds will be withdrawn or deposited.
  • Authorization: Depending on the type of transaction, you might need authorization from the account holder. This can be in the form of a written authorization or acceptance of terms online.
  • Correct Information: Accurate information about the recipient’s bank account is crucial, including the routing number and account number.
  • Secure Connection: When making ACH payments online, ensure you are using a secure and trusted platform to protect your financial information.
  • Compliance: Both the sender and receiver must comply with ACH network rules and regulations to ensure smooth and secure transactions.

CBD is considered high-risk primarily due to its association with the cannabis plant, which remains classified as a Schedule I substance at the federal level in the United States. While CBD itself is legal in many jurisdictions, its association with cannabis, which is still illegal at the federal level, creates ambiguity and risk for banks and payment processors. Additionally, the regulatory landscape surrounding CBD products is complex and subject to change, leading to uncertainty for financial institutions. Furthermore, the industry has a higher incidence of chargebacks and regulatory scrutiny, making it riskier for payment processors to work with CBD businesses. These factors contribute to CBD being categorized as high-risk in the eyes of financial institutions.


A CBD merchant account is a specialized type of bank account that allows businesses selling CBD products to accept payments from customers via credit or debit cards, ACH transfers, and other electronic payment methods. Since CBD products are often classified as high-risk due to their association with cannabis, obtaining a merchant account specifically tailored to the needs of CBD businesses can be challenging. CBD merchant accounts typically involve higher fees and more stringent underwriting requirements compared to traditional merchant accounts. These accounts are essential for CBD businesses to process payments securely and efficiently while complying with relevant regulations and mitigating risks associated with the industry.