Cannabis products such as CBD oil and hemp oil are on the rise as more states are approving the products for medical use. However, such companies are considered high volume/high risk, and can have a difficult time finding a stable merchant banking solution at an affordable cost. The Southern Institute helps clients to reduce the overall processing costs for credit cards and checks, as well as keeping their merchant accounts running smoothly.
Addison, TX- High risk businesses generally have a rougher time when it comes to creating and maintaining merchant accounts that serve as a strong foundation for their business. Such businesses can include debt collections, travel agencies, fantasy sports programs, and CBD oil sellers. The Southern institute has more than 20 years of experience handling high risk accounts and their payment services, helping their clients to create a strong foundation for their businesses. Considered experts in high risk industries, The Southern Institute is a full service provider for companies with conventional solutions for both e-commerce and retail electronic payments.
“If your industry is considered risky, you’ve probably been turned down by a number of credit card processors,” says company spokesman, Jonathan Ferrell. “We utilize fraud prevention tools, banking connections, and payment gateways in order to help CBD and other high risk companies to establish a strong foundation and grow to become leaders in their industry. We create close relationships with each of our clients in order to establish a customized solution for their business, which often includes payment gateway processing and chargeback prevention. Through these services, we allow high risk companies to promote and sell their products all over the world while lowering chargeback rates and accepting more transactions for increased profitability.”
High risk merchants, such as those selling CBD oil, have a difficult time finding the right financial providers to meet their needs. The Southern Institute specializes in several aspects of merchant banking for such high risk businesses, including chargeback management, expert underwriting, custom solutions for domestic and offshore relationships, credit card processing leads, and more. In addition, the company’s friendly expert staff are pros at helping such businesses maintain credibility and keep up with state legislature in order to avoid legal issues. The Southern Institute makes it easy for companies to apply for their services through their website, https://thesoutherninstitute.com/apply-now/.
CBD oil, an industry that The Southern Institute specializes in, has a number of benefits for consumers. Cannabidiol can be used in the treatment of epilepsy, depression, cancer, and other health problems. Such cutting edge companies are becoming more widespread, and require unique strategies and a stable merchant account to flourish. A highly accredited business with a portfolio spanning across domestic and international companies, The Southern Institute is an obvious choice for such companies when it comes to managing and growing their business financially.
The Southern Institute takes pride in their experienced and accommodating staff who are always ready to work with new high risk accounts to create custom processing solutions. The company is located at 3876 Weller Run Ct. in Addison, Texas (75001). They can be reached by phone for consultation at 855-339-6004, or directly from their website, https://thesoutherninstitute.com/.