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...
California Bill AB1500, which deal with adding fees to e-cig purchases online, is up for vote. This bill could have hazardous affects to those in the e-cig business, especially if you do not have a an e-cig merchant account or a merchant account processor who is familiar with the terms of the bill, as it is likely to pass. This...
E-cigarette manufacturers are worried about the impact that new government regulations may have on the budding industry. In April, the Food and Drug Administration released a plan that would have the government review the safety of e-cigarettes and their ingredients. Despite not having conducted any research on e-cig safety, the FDA has banned the sale of unregulated tobacco products, including...
New Jersey Governor Chris Christie is trying to hit his states e-cig shops with a new tax to help with the states $807 million dollar deficit. New Jersey is the only U.S. state that spends none of its own money to combat nicotine addiction; New Jersey would use the estimated $35 million in annual revenue for general spending. Christie’s plan...
There’s a new frontier in the world of smoking. Vapor-based technology such as vaporizers and e-cigarettes are steaming up politicians, concerned citizens, and entrepreneurs alike as the new industry grows at an exponential rate. High-risk merchants looking to open e-cigarette merchant accounts are at the forefront of the swirling argument over vapor-based technology. Opposite Arguments Opponents to e-cigarettes and vaporizers...
The health risks from conventional cigarettes and aggressive anti-smoking legislation, is drastically decreasing the opportunities and locations for traditional smoking. As a result more smokers and ex-smokers are turning to the e-cigarette for a tobacco free experience. This has led to a billion dollar industry with a wealth of opportunity for e-cig entrepreneurs; however e-cig shop owners are having a...
Last month, CVS decided to wind down its cigarette sales as the drug chain focuses more on being a health company. Selling a consumer product responsible for nearly 500,000 American deaths each year goes against their moral code. While this may be financially terrible for CVS, it is fantastic for the public at large. It is also fantastic for E-Cigs,...
