Kratom, an extract from the leaves of a tropical evergreen tree – Mitragyna speciosa, is grown in Southeast Asia and is native to Thailand, Malaysia, Indonesia, and Papua New Guinea. It can be consumed by chewing its leaves, swallowing or putting into capsules,or by boiling into a tea. It contains the chemicals mitragynine and 7- hydroxy mitragynine, which is psychoactive substances.
Did you know Kratom is known as Thang, Kakuam, Thom, Ketum, Biak-Biak (common name in Thailand)?
Benefits of Kratom?
At a lower dose, Kratom is known to produce stimulant effects that manifest increased alertness, boosted physical energy, talkativeness, and more social behavior. Other anecdotal uses include as an anti-inflammatory, antipyretic (to lower fever), antitussive (cough suppressant), antihypertensive (to lower blood pressure), as a local anesthetic, to lower blood sugar, and as an antidiarrheal. Consumers who use Kratom anecdotally report relatively lessened anxiety and stress, lessened fatigue, pain relief, and sharpened focus.
Why Is Kratom Considered A High-Risk Industry?
The situation of Kratom is similar to CBD (Cannabidiol), Marijuana and Nutraceutical, it also has medical benefits, but many see it as an addictive narcotic because at a higher dose, Kratom has sedative effects, being a psychoactive drug. Because of this, banks to have reservations on offering payment processing solutions for businesses dealing with it.
Conversely, Kratom is also seen as an effective pain reliever for ailments such as arthritis, restless leg syndrome and as an effective treatment for opiate addiction.
Kratom Merchant Account
Among all the inquiries we at Canna group receive daily, questions about affordable, reliable Kratom merchant accounts may be the most popular.
- Rates Starting at 3.97% Above IC
- 97.6% Approval Rate
- Fast Approvals
- 24-48 Hour Payouts (Most Banks)
- Lowest Rates due to 20+ Proven Bank Relationships
- Domestic and International Relationships
- 100% Digital Application
- Integration with most 3rd Party Gateways
At Canna Group, we offer Domestic Payment Processing Solutions for High Risk Merchant Accounts. We have a committed team of experts who are always ready to help your business succeed, by offering Kratom credit card processing services. We offer the most aggressive pricing, best services and customer experience.
We believe that our customers are the backbone of our business and thus we work tirelessly to ensure their satisfaction.