What Are High-Risk Payments?
High-risk payments are financial transactions that come with a high chargeback potential, and the reason for requesting a chargeback can be quite different. Logically, most of the payment processors aren't eager to lose profits because of the chargebacks, and that's why they partner with low-risk businesses only.
CBD products, as well as health, wellness, and nutraceutical solutions belong to the products that are more likely to be charged back by the customers. One of the reasons for the high level of chargebacks in the CBD niche is the expectation-reality mismatch, which is sometimes the result of overpromises from a brand.
Still, you have no reason to despair. The list of high-risk businesses is longer than you might think. In addition to such intuitive suggestions as gambling websites or companies offering weapons, such as completely clean and legal businesses from the real estate and travel industries, also belong to the high-risk category.
So, you are definitely not alone with the payment processing issue, and to make it work, you have two options to choose from.