Over the last couple of years, a lot of merchants have found themselves having to deal with the frustration of not being eligible to make use of Shopify payments on their stores. Generally speaking, selling products containing CBD ingredients has been frowned upon by Shopify, especially when using websites that make outrageous claims about its health benefits.
For shop owners selling CBD online, this has become a huge barrier to commerce. However, it might interest you to know that there are other ways of getting paid for your CBD products on Shopify. These services are offered by alternative payment providers and this article is going to highlight some of the trusted payment providers that you can integrate into your Shopify store.
Before listing them out, let’s check out some of the advantages other payment providers offer over Shopify payments:
- They are mostly more flexible, in terms of refunds and accessing information.
- They offer great subscription opportunities, often better than Shopify Payments.
- They can be used for international setups, unlike Shopify payments, which doesn’t support all stores.
- Some third-party payment providers are more secure.
With all this in mind, you are probably on the lookout for your next Shopify payment provider. Here are some that you may want to take a look at.
- Stripe
Stripe powers Shopify Payments and is well known in the Shopify world. However, most retailers prefer to make use of stripe independently because of their competitive offers in terms of rates. Although store owners may miss out on some additional benefits provided by Shopify Payments, Stripe still is a good option for retailers interested in selling CBD online.
One major advantage of adopting Stripe as your payment provider is that they are always willing to ease up on their rates when contacted directly. Stripe has excellent customer support and supports 3D secure with Shopify.They are also set up to support PSD2.
- Worldpay
Worldpay is designed to work just like Stripe but with some additional drawbacks. It accepts credit card payments directly with Shopify, which is the common goal for retailers who are looking to employ the use of alternative payment options.
Wordplay has gained wide usage over time, however, the downside to this payment provider is the absence of 3D secure and their inability to meet the requirements for the new PSD2 regulations.
- SagePay
SagePay had for a long time maintained a top spot on the list of payment providers, right until the emergence of full-stack players like Adyen and Stripe. That being said, SagePay is still trusted by a lot of merchants to get the job done. SagePay can be directly integrated into a Shopify ecommerce store selling CBD. However, it has the same downsides as WorldPay, which include the lack of a 3D secure and ineligibility for the PSD2 requirements. SagePay is also a more expensive option when compared to Stripe.
Adopting an alternative payment provider will help you sell CBD online without having to deal with the limitation set up by Shopify. Choose what works best for you and enjoy selling CBD online without limitations.