Mar 01, 2018

Process Vaping Sales Online with an E-Cigarette Merchant Account

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 merchant account if you keep...

Aug 17, 2017

Choosing the Right High Risk E-Commerce Merchant Account

It’s estimated 1.61 billion people worldwide purchased goods online in 2016. In 2016, global e-retail sales accounted for 1.9 trillion US dollars. It’s projected this number will reach 4.06 trillion US dollars by 2020. In Asia Pacific, e-retail sales represented 12.1% of retail sales in 2016 but accounted only for 1.8% of retail sales in the Middle East and Africa....

Jun 05, 2014

New Jersey Pushes Legislation to Tax E-Cigarettes the Same as Traditional Cigarettes

Some are happier than others concerning the recent legislation proposing the same taxation on electronic cigarettes as traditional cigarettes. Not only is the state of New Jersey considering such legislation, but it is also going as far as proposing that the same tax should be added to cigars, smokeless tobacco and other tobacco products. E-cigarette and tobacco wholesalers, consumers and...

May 27, 2014

Health Survey Reveals Electronic Cigarette Users Tripled in 2 Years

A British Health charity, Action on Smoking and Health (ASH), released new statistics that show the number of e-cigarette users in Britain have tripled over the past two years. The results may have major consequences for entrepreneurs and their e-cig merchant accounts. Deborah Arnott, Ash chief executive, states “The dramatic rise in use of electronic cigarettes over the past four...

May 15, 2014

FDA Plans E-Cigarette Regulation: Impacts Merchants, Accounts

For many years, the e-cigarette industry, estimated value at $2 billion, has gone largely unregulated by the US Food and Drug Administration. The FDA has put forth a new plan to install the regularization and oversight of the e-cigarette industry. Merchants and health group advocates have mixed reactions to the FDA’s plan, but for an e-cigarette merchant’s business the FDA’s...

Jan 09, 2014

Online Merchant Accounts for E-Cigarette Shops

For online merchants, one of the most important steps in running a smooth business is having a reliable credit payment processor: a merchant account. If you operate an online e-cigarette business you will fall into a high risk business category that will make opening merchant accounts difficult. The reality is if you want to open a merchant account for your...