Square adds credit card payment option for CBD sellers

October 4, 2019

Square is rolling out a program to allow merchants to accept credit cards from customers looking to purchase products with CBD. The rollout, which follows a beta test with merchants, is intended to open up financial services for companies in the cannabis industry. “We believe everyone should be able to participate and thrive in the economy,” Square said in a blog post. “Today, we’re thrilled to launch our CBD early-access program, which allows businesses in the U.S. to sell CBD products on Square quickly, easily, and securely.”

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.