CBD is a rapidly growing industry, with sales expected to reach $22 billion by 2025. As the industry continues to expand, businesses that sell CBD products need a reliable and secure payments platform.
MONEI is a global payments platform that supports the sale of CBD products. The company offers a variety of features and benefits that can help businesses increase conversion rates and grow their sales.
Reach more customers with the CBD payment gateway built to help you boost online sales
Online sales of CBD products have soared in the last few years, but it’s still considered a high-risk industry subject to complex local legislations and legal grey areas. That’s why choosing the right payment gateway and CBD payment processor for your online store is crucial. While Stripe, Shopify Payments, and Adyen don’t currently support CBD
payments, Monei do.
Create your account today and integrate with popular e-commerce platforms or your custom-built website to accept online payments for your CBD products.
Acquire and retain more customers by accepting CBD payments online
E-commerce is expected to account for nearly one-third of global retail sales by 2024. If you’re not already selling your CBD products online, you’re missing out on a growing audience of online shoppers. Accepting CBD payments online is just the start. Offering a wide range of online payment methods for your CBD products will help boost customer satisfaction, reduce abandoned carts, and increase your conversion rate. That’s why we aggregate many payment methods into a single platform. Collect CBD payments via credit or debit card, digital wallets like Google Pay, Apple Pay, Click to Pay, and PayPal, and
Spain’s popular P2P payment app, Bizum.
Save money on transaction fees for your CBD online store
Get the lowest fixed CBD payment gateway fees and save money as your business grows. The more CBD products you sell, the lower your transaction fees will be, thanks to our dynamic pricing model. Note: 24-hour payment settlements are available once you’ve become averified MONEI merchant.
Accept a Wide Range of Payment Methods
MONEI supports a wide range of payment methods, including credit cards, debit cards, e-wallets, and cryptocurrency. This allows businesses to offer their customers the payment options they prefer, which can help to increase conversion rates.
Customize Your Checkout Page
MONEI allows businesses to customize their checkout page with their own branding and domain. This can help to create a more professional and trustworthy checkout experience, which can also lead to higher conversion rates.
Approve Payments More Effectively
MONEI offers a variety of features that can help businesses to approve payments more effectively. These features include fraud prevention, 3D Secure, and payment orchestration.
Get Real-Time Analytics
MONEI provides businesses with real-time analytics that can help them to track their sales and performance. This information can be used to identify areas for improvement and make strategic decisions that can help to grow the business.
Secure Payments
MONEI is committed to security and compliance. The company is PCI DSS Level 1 compliant and uses a variety of security measures to protect customer data.
Overall, MONEI is a powerful and versatile payments platform that can help businesses that sell CBD products to increase conversion rates and grow their sales.
Here are some specific tips for using MONEI to increase conversion rates:
- Offer a variety of payment methods. According to a recent study, businesses that offer a variety of payment methods see a 30% increase in conversion rates.
- Customize your checkout page. A well-designed checkout page can increase conversion rates by up to 20%.
- Use fraud prevention tools. Fraud can cost businesses a lot of money. By using fraud prevention tools, you can help to protect your business from fraud and reduce the risk of chargebacks.
- Get real-time analytics. Real-time analytics can help you to identify trends and make data-driven decisions that can help to improve your business.
By following these tips, you can use MONEI to create a more efficient and effective payments process that can help you to grow your CBD business.
