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PayPal vs UK CBD Products: What’s Going On?

paypal-vs-cbd

PayPal vs. the UK CBD industry

By the end of 2019, there were 305 million active PayPal accounts worldwide. But, though it is an incredibly popular money transfer platform, you will notice that our online CBD store doesn’t give the option to pay via Paypal and you may be wondering why.

To put it briefly, PayPal, due to American law, classes all CBD cannabidiol products as a narcotic. This means that the platform does not accept the transactions of any hemp-derived CBD products. The stance that PayPal has taken is very similar to the stance that it has with any transactions that include cannabis plants.

This is due to the fact that PayPal’s policies and terms of use class CBD cannabidiol products as a controlled substance[1]. Their stance is rooted in American law, despite the fact that the 2018 US Farm Bill (which came into effect January 1st 2019) made hemp a legal agricultural commodity, as long as it is cultivated under license and with less than 0.3% THC Content[2].

cbd-oil-authenetic-cbd-order-trusted

sheila Wesnt-Gree
sheila Wesnt-Gree
2023-05-16
Order arrived very promptly as usual. Excellent service.
Dave Patterson
Dave Patterson
2023-05-16
Great company great products
Emma Caine
Emma Caine
2023-03-30
I have tried quite a few different oils from other companies but Hempura is the best, great sleep with no nasty side effects, would definitely recommend. Thanks Hempura 🙏❤️
claire hamilton
claire hamilton
2023-03-29
I have bough a variety of hempura products, different strengths of the oils, and I have recommended them to family and friends. To good effect. The service has always been fast and courteous and the product is good
lesley fairgrieve
lesley fairgrieve
2023-03-07
Really good cbd oil and very good business and quick delivery very happy with their service
Tamás Csizmadia
Tamás Csizmadia
2023-02-12
Great product. I take the 500mg CBD oil every morning and it helps to reduce my anxiety and stress symptoms big time. Customer service is very helpful as well.
Rebecca Edwards
Rebecca Edwards
2022-12-12
My order was severely delayed due to the postal strikes. However, I cannot fault the service and communication from this company, keeping me informed at all times of what was happening and even letting me know when the tracking updated and that it would be delivered that day. More big businesses could take a leaf out of their book as far as customer service is concerned!
Pink Lady
Pink Lady
2022-11-25
Been using this oil for several years and I wouldn’t use any other company.
Val
Val
2022-11-07
Supports my respiratory condition by helping to reduce inflammation. Strongly recommend the original extract.
Tracie Scott
Tracie Scott
2022-10-28
Great service great products to choose from. Will definitely recommend and use again

Hempura CBD products, despite PayPal’s position on CBD, are completely legal in the UK, as long as they contain undetectable levels of THC as per EU law. It is only products with detectable THC levels, usually above 0.01%, that are set apart as containing controlled substances under UK law.

However, despite the fact that CBD products which meet the strict THC contents regulations are legal in the UK, there have been numerous reports of UK and global CBD retailers having their PayPal accounts frozen or closed down due to their ‘breach’ of PayPal’s terms of use. There is no way to appeal this decision, and the risk of a 180-day ‘freeze’ on any essential business funds held in PayPal. Unfortunately, this means that the vast majority of legitimate and trusted CBD retailers can’t afford to risk accepting PayPal as a payment processor.

 

What does this mean for Hempura, and CBD UK products sold through the site?

We have formed an excellent partnership with a world-leading payment provider that does accept CBD transactions. Though we are unable to accept any PayPal payments, you don’t need to worry about accessing the best CBD has to offer and making secure payments via our store.

Our payment platform is easy to use and is fully certified by the PCI Security Standards Council. The platform is already processing upwards of 2 million different transactions every single month, with complete freedom on the platform for the use of debit and credit cards. The platform is fully secure and encrypted, so just like with PayPal, your information is safe.

 

What does the future hold for CBD products purchased online?

As legislation surrounding Hemp and CBD products continues to change and develop (both in the UK and globally), we will monitor the payment platform options available to ensure that we always have the safest and most convenient payment processing systems in place.

 

References
  1. https://www.paypal.com/uk/webapps/mpp/ua/acceptableuse-full
  2. https://www.brookings.edu/blog/fixgov/2018/12/14/the-farm-bill-hemp-and-cbd-explainer/

Last Updated on 12/04/2022

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