Today, we’re thrilled to launch our CBD early-access program, which allows businesses in the U.S. to sell CBD products on Square quickly, easily, and securely.
TOWN SQUARE , October, 19
Introducing our CBD early-access program.
We believe everyone should be able to participate and thrive in the economy. Today, we’re thrilled to launch our CBD early-access program, which allows businesses in the U.S. to sell CBD products on Square quickly, easily, and securely. (CBD products must be hemp-derived and have less than 0.3% THC.)
In late 2018, the U.S. Farm Bill legalized CBD. We saw this as an opportunity to make our tools available to sellers in the CBD space, so they can start, run, and grow their business on Square.
Why sell CBD with Square?
Fair and transparent pricing
- In person — 3.90% + 10¢ per tap, dip, or swipe
- Online and in-app transactions — 4.20% + 30¢ per transaction
- Keyed-in, Card on File, Virtual Terminal transactions — 4.80% + 15¢ per transaction
An integrated ecosystem
Square provides everything you need to easily manage your CBD business, from payments to hardware, payroll, inventory management, and more. Everything works together seamlessly to give you a complete view of your entire business.
No matter where you sell your products, whether online, in person, or at a pop-up event, your inventory and payments are in one place.
“In the early stages of the emerging hemp industry, Bluebird Botanicals was constrained to using merchant processors that charged exorbitant rates. As an eCommerce company, we were at one point only able to receive payments by check,” said Kevin Liebrock, chief operating officer of Bluebird Botanicals.
“With Square, we don’t just get better rates—we’re also treated with respect and trust. And now, instead of waiting for checks in the mail, we get paid the next business day.”
If you’re interested in starting or running your CBD business with a little help from Square, follow the steps here to sign up today: square.com/go/cbd.