Ariel
31 oktober 2020 18:35 | Almere
I look after a vape store website directory and we have had a listing from a vape store in the USA that likewise markets CBD goods.
A Month later, PayPal has written to use to say that our account has been restricted and have asked us to take out PayPal as a payment method from our vape shop directory site. We do not sell CBD product lines such as CBD oil. We solely provide promotion and marketing solutions to CBD companies.
I have visited Holland & Barrett-- the UK's Top Health and wellness Retailer and if you take a good look, you will see that they promote a reasonably substantial variety of CBD products, particularly CBD oil and they also happen to take PayPal as a settlement method.
It appears that PayPal is applying twos sets of rules to many different firms. Because of this restriction, I can no longer take PayPal on my CBD-related site. This has restrained my payment choices and now, I am greatly contingent on Cryptocurrency payments and direct bank transfers.
I have spoken with a barrister from a Magic Circle law firm in The city of london and they stated that what PayPal is doing is totally against the law and inequitable as it should be applying a systematic benchmark to all companies. I am still to consult with another legal representative from a US law firm in London to see what PayPal's legal position is in the USA.
For the time being, I would be extremely appreciative if anybody here at jackyjackagility.nl could offer me with different payment processors/merchants that work with CBD firms.