-Why Kratom vendors have difficulty using traditional payment processing methods
You’ve filled up your cart with your favorite Kratom products. Check out beckons. Address, name, shipping, payment…payment?
Many Kratom websites have difficulty processing credit and debit card payments, leading to a less-than-ideal purchasing process for Kratom users. Some of the methods I’ve seen – and had to use – include Cash on Delivery (COD, with a money order or cashiers check), using various payment apps like Zelle, or bitcoin. You may get an email from your favorite Kratom vendor alerting you that credit cards are up online, only for it to be back down in a few weeks. Why is this?
We can look to the recent surge in popularity of CBD as an informative analog for kratom payment processing. CBD is a non-psychoactive derivative of cannabis which is legal on both a federal and state level. It does not get users high and produces no noticeable effect, which would lead one to assume that it would be subject to little persecution. Its medicinal value has become apparent as medical marijuana has spread across the states and research has begun to explore where the medicinal benefits from cannabis reside. CBD is popular due to its ability to treat a variety of symptoms, such as pain from arthritis or sleeplessness. Despite its legal status, however, many CBD businesses have to resort to the same variable payment methods as Kratom vendors.
Not just Kratom
You’re probably beginning to see a trend. Despite the legality and benign nature of these products, even a whiff of controversy – contrived or not – worries credit card carriers, and by extension, banks. CBD, for example, is relentlessly punished simply because it can exist in marijuana – producing none of the high, and in fact, often blunting it (Pun intended?) – even though nearly all market CBD is extracted from hemp, which is both legal and essentially impossible to get ‘high’ from. Similarly, Kratom, which is federally legal and only has a handful of tenuous commerce bans in a few states known for their draconic posturing on organic alternatives, has sustained – and beaten – a barrage of unfounded controversy at the hands of the FDA, yet still suffers from some negative perception by the uninformed. In 2016, the FDA tried to put Kratom on the same ban list that hosts drugs like meth and cocaine. The laughable attempt was quickly shot down by public uproar and disbelief from the scientific community, and resulted in embarrassment for the FDA and the DEA, to say nothing of the significant boon the Kratom community received from organizing and withstanding a poorly conceived assault. But credit card carriers and banks don’t like to take risks – tied in and dependent as they are to federal and state bodies – and a community under attack can be seen as a risky investment. Thus, credit card carriers are leery of allowing Kratom to be purchased using their service.
The apparition of risk that surrounds Kratom is enough to make these financial institutions nervous. While they recognize the legality of Kratom, a number of larger financiers don’t want to run afoul of federal bodies, which could dole out serious punishment if they felt like the bank was acting as a middle man for illegal purchases. Because of the FDA’s hamfisted posturing, the credit carriers worry that a sudden ban could leave transactions retroactively subject to scrutiny, or create trouble for services who won’t see the postdated payment made until after the ban was put into place. Additionally, the few states which do have bans create a complication that the financial services don’t want to deal with; while in one state it may be legal, a national credit carrier doesn’t want an out of state purchaser to then bring it into a state where Kratom is banned and create an interstate fiasco.
While a number of carriers and banks have seen the light of day, others have become wary as the FDA continues along its warpath. Thus, many Kratom vendors are forced to use alternative means to transact Kratom, despite being completely legal on a federal and state level (in almost every state). But as we’ve seen with CBD, this convoluted system won’t last. As legitimate science continues to exonerate Kratom from foundless claims, and transparency is deployed by the Kratom community as its first line of defense, the financial and legal community is beginning to see the sizable potential of Kratom, a plant which has helped countless people and generates healthy commerce. To the Kratom community, I say this; try and be patient. Kratom is not the first or last herbal salve to be under fire from an overeager government body. It may be frustrating, but Kratom is worth the wait. Good vendors will offer a variety of payment methods to try and simplify your shopping experience. I’ve personally used a number of payment apps that are simple and safe. A responsible vendor will be open to your suggestions, if some of the methods presented don’t work for you. Credit and debit purchases are currently available from a number of vendors, as well; just bear in mind that this coverage may be spotty. Kratom payment processing will improve over time.
Simpler days will come, my friends.