Credit Card Terminal For Electronic Cigarette Merchants

Aug 17, 2016

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, even though they are technically not regarded as cigarettes or tobaccos.

How to Get Approved for an E-cig Merchant Account?

With reputable payment processors like eMerchantBroker you can get a low-cost and affordable electronic cigarette merchant account for your company without major difficulties. EMB is voted the #1 provider of merchant accounts for the electronic cigarette industry.

Even though the lack of clarity with regard to the classification of electronic cigarettes makes traditional banks and institutions stay away from opening merchant accounts for these businesses, this is not a problem for EMB.

Finding an experienced and trustworthy high risk payment processor in the field, you will not be obliged to look for special services for your e-cig shop. With the help of the team at EMB, you can get the best for your e-cig company and be able to get it off the ground easily.

Best for Your E-cig Shop

Turning to a reliable merchant account provider like EMB, you can open a safe and secure electronic cigarette merchant account for your business. EMB is the number one high risk merchant account in the US and boasts an A+ rating with the BBB.

Today, the popularity of electronic cigarettes and vaporizers are on the rise all over the world. Without regulation from the Food and Drug Administration, electronic cigarette stores are viewed as high risk by traditional banks. So traditional banks and most processors refuse to get merchants approved for an account.

This cannot be said about EMB that embraces new industries and takes on new challenges:

  • Skilled Staff and Years of Experience
  • Proven Platform
  • Proved Support to merchant of any type and size
  • Speedy Signup without hassle that will take just a few minutes
  • Real Results that prove a list of merchants, both big and small, have built and grown their businesses successfully on EMB’s platform

Let us help you get a high risk merchant account today!

Get Started

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

Live Chat