As you know, every company that is selling products with any trace amounts of THC or CBD online must process credit transaction through a third party. The reason for this is that no major bank or credit card company (VISA, MASTER CARD, AMERICAN EXPRESS) in the United States is lending out money to this sector of the market.
However as of September 2019, The U.S. House of Representatives are voting to advance legislation that would allow banks to provide financial services directly to cannabis companies in the United States. This would then allow company's, such as Vibe Co, to deal directly with major banks and credit card company's directly online.
For now, any company that is online selling products related to THC or CBD, are partnering with third party brokers who deal directly with major banks and major credit card company's on our behalf.
Vibe Co has partnered with ViaBill. ViaBill is a trusted third party broker who deals directly with your major bank and your credit card company (VISA, MASTER CARD, AMERICAN EXPRESS) to process our transactions.
ViaBill is a payment solution for purchases. ViaBill enables you to “buy now and pay later” in four equal monthly instalments, interest-free.
ViaBill also enables you to pay in full if you don't want to choose their business model.
There are no interest fees or added fees in the four equal monthly instalments, that is just ViaBill's famous business model.
They charge 25% of the product price on your card upon checkout and then you pay 25% of the rest of your bill in equal payments until its paid.
Customers Can Bypass This And Pay In Full
How to Pay in Full:
After inserting your information upon Check Out with ViaBill, complete the transaction and once it's completed, choose Profile > Preferred Settlement and then enter the dollar amount you wish to pay.
Click confirm and ViaBill will text you a verification code, enter that and click confirm, and the whole payment will go through immediately.