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.
- 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.