Compliant Cannabis Seed Websites on Wix Are Switching Payment Processors [Yahoo! Finance]
Visa Inc. (V)
Last visa inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
integrations for US-based, Farm Bill-compliant cannabis seed businesses operating e-commerce websites on Wix. The new service addresses a widespread problem facing seed merchants, as Wix Payments, Stripe, and PayPal generally prohibit cannabis-related sales, often leaving compliant sellers without reliable credit card processing options. "We've been helping online businesses for over a decade, but we're seeing a real spike in demand from Farm Bill-compliant cannabis seed businesses on Wix," said Alex Roy, owner of Organic Payment Gateways. "I talk to legitimate, law-abiding businesses selling federally and locally compliant products all the time, and they keep getting shut down by mainstream processors. It made sense to focus directly on solving that problem." The challenge is widespread. Wix Payments generally classifies cannabis seeds as a prohibited product. Standard processors can apply blanket bans to anything cannabis-related, regardless of legal compliance status. Merchants
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V
Earnings
- 1/29/26 - Beat
V
Sec Filings
- 3/12/26 - Form 4
- 3/11/26 - Form 144
- 3/5/26 - Form S-4
- V's page on the SEC website