Are you running an electronic cigarette business? Do you need to open an electronic cigarette merchant account? What to expect from FDA’s deeming regulations in the field? How can you obtain a reliable e-cig merchant account easily? Just read below and you’ll know. Electronic Cigarettes and Other Products: Get a Merchant Account The use of
The concept of running a business in our modern days is constantly undergoing changes. Working as a freelancer has completely changed the corporate landscape in the recent years. Are you a merchant operating online? Do you have an e-cig business? How can you grow your business and get an e-cig merchant account easily? Read this
Ever-changing regulations, litigation, and questions over enforcement have made it very difficult to obtain an e-cigarette merchant account, which are necessary if you want to accept and process credit card payments. Banks have classified them as “high-risk” because of these issues. Though all of these factors make it difficult, you can still obtain a e-cigarette
Selling E-Cigs online is lucrative, but it’s a venture you can’t take on without an account. And not just any account, but an eCig merchant account. These are merchant accounts issued to businesses related to electronic cigarettes. Due to the risky nature of the business, particularly the high level of chargebacks, you will require an
A long-term study was released in February, according to which vaping is safer than smoking cigarettes. The Food and Drug Administration (FDA) seems to be leaning toward the idea that if people are using tobacco, it should be in the form of vaping. Tobacco Regulation The FDA has recently announced that the agency is going
Online tobacco and electronic cigarettes industries are still classified as high risk as they deal with strict government regulation, complications, and high chargeback rates. Online Cigars and Pipe Tobacco Industry In August 2016, the US Food and Drug Administration (FDA) finalized a rule that extends its regulatory authority to all tobacco products such as e-cigarettes,
E-cig merchant accounts are not easy to get approved for as the industry is considered high risk. However, this does not mean it is impossible to get an account for your business needs. The Family Smoking Prevention and Tobacco Control Act of 2009 have made payment processors to be wary of processing payments for e-cigs,
For years, some mainstream merchant account providers have processed e-cig merchant accounts. While not all did so, some did, as this “high risk” industry could function as any other in terms of the government and its regulations. Recent changes have caused an uproar: E-Cigs are now stuck into the “high risk” category – and many
After researching credit card processors, speaking to different sales people and going over quotes, you will have to submit an application; you must first receive approval from your chosen credit card processor before you can start processing. Before you put pen to paper, consider the following four common mistakes business owners should avoid when shopping
In the modern world of eCommerc, an electronic cigarette business is considered quite profitable. The e-cig industry has been growing with rapid advances in the recent years. To start and succeed, e-cig merchants should find a secure and reliable payment processor in the field. Electronic Cigarette Market Electronic cigarettes or vaporizers are also called electronic
