Traditional banks and most processors refuse to open an online account for tobacco merchants because the industry is classified as high risk. This means online tobacco and cigar business owners deal with a higher rate of chargeback and disputes.
Get the Best for Your Online Tobacco Shop
Based on the Family Smoking Prevention and Tobacco Control Act of 2009, processors try to stay away from processing payments for online cigar and tobacco merchants. Especially banks will not take any risks in this regard without thorough federal research and regularization.
This is why the mentioned merchants look for online account services from high risk experts. One of them is emerchantbroker.com, the #1 provider of merchant accounts for the electronic cigarette industry. EMB boasts an A+ rating with the BBB and offers a low-cost and highly secure online tobacco merchant account to customers.
Modern Cigar and Tobacco Market
Today, eCigarettes and vaporizers are becoming increasingly popular but are viewed as a new territory. This cannot be said about emerchantbroker.com. EMB easily embraces new industries and takes on new challenges.
EMB’s team can easily open you an account that is convenient and efficient for your online tobacco and cigar business. EMB offers processing times as short as 48-72 hours and applicant-friendly policies concerning credit histories. With emerchantbroker.com, you can enjoy:
- Skilled Staff offering services based on years of experience
- Proven Platform that has helped thousands of merchants to start and grow
- Proven Support and Vast Knowledge
- Speedy Signup with an application process requiring only a few minutes and a minimum of paperwork
- Unmatched Security
- Lowest Possible Rates
- Chargeback Prevention and Protection
- Real Results
According to The New York Times, the tobacco industry is trying to prevent the US Food and Drug Administration from imposing regulatory control over electronic cigarettes and cigars, pipe and hookah tobacco.
Due to the new FDA rule, the products can retroactively be examined for public health risks and their sales can be banned. The campaign against the rule is led by the Altria Group, the largest tobacco company in the US.