Square Shut Down My CBD Account – Best CBD Payment Processing Alternatives

If Square closed your CBD store, you need a CBD merchant account approved for hemp-derived products. High Wire Payments provides stable CBD payment processing, a CBD-friendly gateway, and underwriting built for gummies, oils, tinctures, vapes, and pet CBD.

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Square and Stripe often suspend CBD merchants for “prohibited products” or “high-risk activity.” A dedicated CBD payment processor gives you a compliant CBD merchant ID, transparent interchange-plus pricing, and stable long-term approvals.

Why Square shuts down CBD accounts

Shared merchant pools detect CBD keywords and trigger risk holds
No individual underwriting for hemp-derived cannabinoids
Confusion around Farm Bill compliance and THC limits
Chargeback and regulatory exposure concerns

CBD merchant account approval checklist

Farm Bill-compliant products: CBD gummies, tinctures, topicals, pet CBD, hemp extract
COAs visible on product pages
Age verification and clear labeling
Refund, shipping, terms, and contact page
EIN letter, LLC docs, voided check/bank letter, previous statements if applicable

CBD payment gateway setup (NMI / FluidPay)

High Wire connects your CBD merchant account with a hemp-approved gateway. Supports Shopify, WooCommerce, Wix, BigCommerce, custom carts.

Tokenized card payments + ACH/eCheck
AVS, CVV, and optional 3D Secure
Risk rules for velocity, transaction size, state restrictions
Recurring billing for subscriptions and bundles

Apply for a CBD payment processor (fast approval)

Apply directly here. Most CBD files receive internal review within twenty four hours.