Square Opens Payment Platform to CBD Retailers

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.
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