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Shopify CBD Merchant Account

Can You Sell CBD on Shopify in the UK?

Yes, Shopify allows CBD sales in the UK, but there’s a catch—CBD products fall under the high-risk category. This means your store requires a specialised payment processing setup. Shopify Payments is not available for CBD businesses in the UK, which means you’ll need to choose a third-party payment gateway that supports CBD transactions.

Why Is CBD Considered High-Risk?

CBD falls under a regulatory grey area, making banks and traditional payment processors cautious. Factors contributing to its high-risk status include:

  • Legal uncertainties around hemp-derived products
  • Higher chargeback rates
  • Scrutiny from financial institutions

Because of these, many standard payment processors won’t support CBD sales, especially in the UK.

Shopify CBD Merchant Account: What You Need

To sell CBD on Shopify in the UK, you’ll need:
  1. A third-party payment provider that supports high-risk or CBD-possible processing
  2. Clear product labeling and compliance with UK regulations
  3. Transparent refund, shipping, and privacy policies
  4. A compliant checkout system like Wallid Pay-by-Bank

Traditional Payment Gateways for UK CBD Sellers

Payment Gateway CBD Possible Setup Time Transaction Fees (est.) Payout Speed Chargeback Risk
Stripe (Shopify Payments) ❌ No Instant 2.0% + £0.20 3–5 days ⚠️ Medium
PayPal ❌ No Fast 2.9% + £0.30 Up to 21 days 🚫 High
Klarna ❌ No 2–5 days 2.49–5.99% Delayed 🚫 High
WorldPay ✅ Yes 7–14 days ~2.75% 3–5 days ⚠️ Medium
Viva Wallet ✅ Yes 3–7 days 2.5–3.8% 1–3 days ⚠️ Medium
Disclaimer: These figures are averages and may vary based on business profile.

The Better Option: Wallid Pay-by-Bank for CBD Merchants

Wallid’s Pay-by-Bank solution uses Open Banking to allow CBD sellers in the UK to accept direct bank transfers with:
  • ~0.7% + 25с transaction fee
  • Instant payouts
  • No chargebacks
Because Pay-by-Bank connects directly with your customer’s bank, there’s no middleman, which means:

  • Lower fees
  • Faster access to your cash
  • Greater payment security

Why Choose Pay-by-Bank Over Traditional Gateways?

Feature PayPal Stripe Shopify Payments Wallid Pay-by-Bank
CBD Possible ❌ No ❌ No ❌ No ✅ Yes
Transaction Fee 2.9% + £0.30 1.5–2% + £25 1.5–2% + £25 0.7% + £25
Payout Time Up to 21 days 3–5 days 3–5 days ⚡ Instant
Chargebacks 🚫 High ⚠️ Medium ⚠️ Medium ✅ None
Setup Time ⚡ Fast ⚡ Fast ⚡ Instant ⚡ Instant
Disclaimer: These figures are averages and may vary based on business profile.

CBD Shopify Payment Gateway Setup in 3 Steps

  1. Install Wallid from the Shopify App Store
  2. Fill your business profile
  3. Wait for compliant team check

FAQs about Shopify CBD Merchant Accounts

Can I sell CBD products on Shopify in the UK?

Yes, but you cannot use Shopify Payments. You need a third-party CBD-possible payment provider like Wallid Pay-by-Bank, Viva Wallet, or WorldPay.

What makes CBD a high-risk product for payment processors?

CBD is classified as high-risk due to regulatory ambiguity, banking restrictions, and historically higher chargeback rates.

Which payment gateways allow CBD sales in the UK?

Some providers include WorldPay, Viva Wallet, and Wallid Pay-by-Bank. Popular options like Stripe, PayPal, and Klarna typically do not support CBD merchants.

How does Pay-by-Bank help UK CBD merchants?

Wallid’s Pay-by-Bank allows instant payments with low fees (~0.7%) and no chargebacks.

Is Pay-by-Bank safe for my customers?

Yes, it uses bank-level authentication and does not store any card or personal financial data. It’s fast, secure, and regulated under PSD2.
2025-05-03 16:07