Square’s motto is “simple tools that help people participate and thrive in the economy.” Now those tools are available to sellers of CBD products.
Square will charge CBD sellers 3.90% plus 10 cents per transaction for in-person tap, swipe, and dip payments. Online payments will cost 4.20% plus 30 cents per transaction. Square merchants can see all of their sales on one platform and still build their online store with partners like BigCommerce and WooCommerce — as well as use Square’s own Online Store feature. Sellers will also be able to access other Square business services, including payroll and inventory-management offerings.