Electronic Cigarette Credit Card Payment Solutions Without The Headache

Apr 19, 2016

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 nicotine delivery systems. Chinese entrepreneurs introduced them to the market in 2004. Since then, the e-cig industry has witnessed increased use, awareness, and controversy around the product.

In 2014, e-cigarettes estimated at USD 2.5 billion in the US. Today’s tobacco companies are well aware of the potential of the electronic cigarette market and are making big investments in e-cig brands.

As e-cig businesses are regarded as high risk, most traditional banks and lenders try to stay away from them. Due to the Family Smoking Prevention and Tobacco Control Act of 2009, processors should be watchful about processing payments for e-cigs, even though they aren’t technically considered cigarettes or tobaccos.

EMB is the #1 provider of high-risk merchant accounts for the electronic cigarette industry. EMB offers electronic cigarette credit card payment solutions to merchants, regardless of their credit history.

Unmatched Credit Card Payment Solutions for Your E-cig Business

If you’re running an e-cig shop, you’ll have to apply to high-risk experts for payment services. The team at EMB will show you how to establish your high-risk merchant account without difficulty and get your electronic cigarette shop off the ground.

Without regulation from the Food and Drug Administration (FDA or USFDA), e-cigarette stores still remain labeled as high risk by banks. This is the reason why getting approved for an e-cig merchant account can be of a challenge for some business owners. To solve this problem, merchants should consider turning to the right processor in the industry like EMB.

EMB Offers:

  • Approval Within 24/48 Hours
  • Business Funding Options
  • Chargeback Prevention and Protection Programs
  • Experienced Staff
  • Fast Application Process
  • iCheck for Immediate Payments from Check-based Transactions
  • Merchant Accounts to Any Type of Business
  • No Annual Fees and No Gimmicks
  • No Application or Setup Fees
  • Proven Support and Assistance
  • Real Results and Success
  • Speedy Signup

As an award-winning payment processing company that boasts an A+ rating with the BBB, EMB is an ideal option to choose for your electronic cigarette business.

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

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Award winning.

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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 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.

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