Merchant Account For Vapes And Ecig
Credit Card Processing has become very challenging for merchants in this industry. This is primarily because of regular updation in legal requirements. We can still try to help you finding a reliable ACH and offshore processors for this industry. The rules vary depending on the geography of the merchant and card holders. Its common to find vape shops in UK and online e-cigarette sales websites in the USA. We suggest these merchants to use Virtual terminal enables ACH Payment processing option.
Why Is It Tough To Get A Merchant Account For Ecig And Vape Shop?
The answer to this question is quite extensive but we will try to look at few vital pointers.
- Health Concerns: The Government is trying to find the ways to reduce the number of cancer patients. yes we all know that Cigarette is a known cause of cancer. It is highly addictive and a very small percentage of smokers quit. The govt has a responsibility to provide better health facilities to the citizens. When someone suffers from cancer then there are 2 major downsides to it. The Patient suffers and spends all his savings. Second, the patients highly valuable human resources come to an end.
- Sales to Minors: Yes that right. Sales to minors is also a concern of the Governments all across the world. When it comes to online sales it becomes more challenging. Minors may start with ecig but later may start smoking regular tobacco cigarettes. The Govt is trying to make sure that any nicotine substance is not accessible to the minors. This is a good step and should be appreciated.
- Has the ecig and vape business come to an end? Well, there are still many companies that offer merchant services for high risk businesses. Merchants who follow all the guidelines of Government and other legal agencies can try alternative forms of payment processing. This can be Echeck and ACH.