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I operate a vape shop directory and we have had a posting from a vape shop in the United States that also offers CBD goods. A Calendar month later on, PayPal has contacted use to claim that our account has been restricted and have requested us to get rid of PayPal as a payment method from our vape shop website directory. We do not retail CBD products such as CBD oil. We only provide web marketing professional services to CBD firms. I have looked into Holland & Barrett– the UK’s Major Wellness Retailer and if you take a close look, you will witness that they sell a comparatively wide-ranging series of CBD product lines, specifically CBD oil and they also happen to accept PayPal as a settlement method. It seems that PayPal is administering twos sets of rules to different firms. As a result of this restriction, I can no longer accept PayPal on my CBD-related internet site. This has restrained my payment possibilities and now, I am greatly reliant on Cryptocurrency payments and straightforward bank transfers. I have consulted with a lawyer from a Magic Circle law office in The city of london and they explained that what PayPal is doing is altogether not legal and inequitable as it should be applying a systematic standard to all companies. I am still to talk with one more lawyer from a US law firm in The city of london to see what PayPal’s legal position is in the USA. For the time being, I would be very appreciative if anybody here at targetdomain could offer me with alternative payment processors/merchants that deal with CBD firms.
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