Looking for an eCigarette Merchant Account?
Look no further than PayKings; leading experts in getting your eCigarette business ready to accept payments
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e Cigarette Merchant Account Solutions
Here’s a Common ScenarioIf you apply for an ecigarette merchant account and need payment processing, let’s say you own a smoke shop, the banks will deem you as high risk right away because being associated with funding a business in the eCig industry is a reputational risk. In this scenario, you own a smoke shop but you did not take the proper route to ensure you had the right high risk merchant account for your business. So, what happens next? Well, because you didn’t avoid the chances of your merchant account being shut down, that’s exactly where you find yourself.
Why Does this Matter and How Can PayKings Help with my e-Cig Merchant AccountWhen you apply for a eCig merchant account there are a few things to consider about choosing the right company for your payment processing needs – and moreover, finding one that will support an electronic cigarette business. Because most traditional banks won’t fund businesses that aren’t considered to be low risk, you’ll have to find payment processing options through a company that offers e cig merchant accounts. This is due to your business being categorized as high risk – and most banks pass on high risk merchant accounts right away.
Why is the e-Cig industry considered to be high risk?Well, this is largely in part to the heavy regulations implemented by the FDA and the rising concerns surrounding all things involved with eCigarettes and vaping from potential health issues to safeguarding minors from having access to these products. So, again, because your local Wells Fargo or Bank of America won’t go near your business with a 10-foot pole – you’re going to have to research your best options for finding a company that deals specifically with high risk businesses and who are experienced in accessing an e cigarette merchant account.
What are the primary differences in working with companies that specialize in high risk merchant accounts?It’s really quite simple. Companies with adequate knowledge and experience in this industry, like PayKings, can actually get you approved. For real, and the process for getting approved is really pretty simple. Leave the banks to deal with their “safe” low risk applicants, and don’t waste any of your any more of your time and energy getting the runaround and jumping through hoops. When you work directly with a quality, reliable company that will make your access to payment processing a smooth and seamless one, you will feel confident when apply for your e-Cig merchant account that you’re in good hands.
How Does Being High Risk Affect Your Chances of Getting a e-Cig Merchant Account?
This is where PayKings Steps In
At the end of the day, traditional banks won’t touch electronic cigarette, vape, glass (or other smoking products) businesses, and reaching out to them will prove to be an incredible waste of time because they cannot approve you for a e-Cig merchant account. When you need e-Cig solutions, go with the experts at PayKings.
At PayKings we like to keep things as simple as possible for you. Here’s what you can expect and how we can help get your e-Cig merchant account accepting credit cards:01. Fill out an online application 02. Submit the proper documentation 03. Let our expert underwriting team go to work for you to get you approved 04. Start accepting payments and making money
PayKings understands the unique needs of different eCigarette related businesses and has established 24+ acquiring banking relationships to become experts in getting eCigarette companies accepting online payments.
eCigarette Merchant Account Experts
- 20+ Proven Bank Relationships
- Medium/High Risk Accounts
- Fast eCigarette Account Approval
- Large Merchant Case Studies
- E-Commerce and Retail Options
- B2B Vendors Supported
Multiple Payment Solutions
- Multiple E-Commerce Gateway
- Chargeback Prevention
- Credit Cards
- B2B-Level II/III Data Discounts
- 3D Secure Frictionless Checkout
- Mobile Payment
- EMV Readers
Intuitive Compatibility & Support
- Gateway Recurring Billing
- E-Commerce Cart Plugins
- Developer API / Docs
- International Merchant Accounts
- Dedicated Account Managers