Credit Card Processing for Electronic Cigarette Retailers
In just a few short years, the electronic cigarette industry has sprouted out of nowhere. Who would have ever thunk electronic cigs would become a game changer for the very people using them and the people selling them. People using them say ecigs are better for you than traditional cigarettes, and the people selling concur. Everywhere you look, someone is toking on an ecig, electronic cigarette , or vaporizer , springing opportunity in every market. The invention of electronic cigarettes and vaporizers has spirited pioneer entrepreneur's across the US to get into the industry quickly.
At the start of the industry most online ecig retailers and vapor retailers used Paypal to transact business. Paypal was the only solution because in the beginning credit card processors and banks weren't accepting these riskier merchants. At the time Banks classified these merchants as High Risk because word got out the FDA was going to shut down the industry.
Things have changed over the last year. For some reason, Paypal has started to shut down electronic cigarette companies , not allowing them to process transactions any longer. Probably because of the indecision from the FDA. Who knows.
In addition banks such as Bank Of America, Chase, Wells Fargo, do not allow for the online credit card processing for e-cig merchants. This is causing e-cig merchants and e-cig retailers to find a single source solution for both retail and online credit card processing.
However, this has caused an uprising of merchants that are disgruntled wanting a reliable credit card processor. You've come to the right place. Merchant Discount Rate enables electronic cigarette retailers to accept credit cards efficiently and securely. Regardless if you are processing credit cards online, on the go, or at your retail store, our solutions are key to your growth. We are able to offer you a true credit card processing solution that won't shut you down, but will help you to grow. This is our specialty, offering merchant services to e-cig merchants. We have a high approval rating too. Bad credit, no problem, we can get you approved in 24 - 48 hours. Our key relationships with several direct credit card processors and banks, enable us to find the right solution for you. To learn more, fill out contact form to the right and one of our specialists will give you a call to discuss your credit card processing needs in detail.