Vape and E-Cigarette Merchant Accounts

Some of these common reasons also apply to vape merchant accounts. However, the vape industry comes with added risks because of the nature of the product. These are the main risks associated with the e-cigarette industry that merchant services providers and payment processors worry about.

• High chargeback ratio: Like other common high-risk merchants, one of the biggest reasons that vape companies need high-risk merchant accounts for payment processing is that they often experience a high chargeback rate.
• Difficult to enforce age legality: Because customers must be 18 to purchase electronic cigarettes and other vape products legally, every e-cig and vape business is at risk of illegal purchases from those who are underage.
• Can cause helth problems: Although some health organizations consider electronic cigarettes safer than cigarettes, they can still pose health risks to customers. This gives traditional payment processors pause when deciding which businesses to approve.
• FDA regulations: Because of strict FDA regulations, vape products can sometimes fall into grey areas when it comes to approvals. Payment processors worry that vape merchants may sell unregulated products, resulting in problems with the FDA.

Credit card processing is key to cigarette sales, whether you run an online vape store or a vape or smoke shop. If you'll be doing most payment processing in-store, you'll need a physical setup that allows you to accept credit card payments physically.

That's where we come in! We'll work with you to create custom payment processing solutions and a retail vape merchant account. We have a variety of options for e-cigarette merchant accounts. We offer a virtual terminal for manual payment processing without a website and multiple physical credit card terminal options. We'll work to provide the merchant services that fit your business as an e-cigarette merchant. We'll also work to connect you with a payment processor who has experience with the vape industry.

Zen Payments has been providing merchant services to companies in the vape business for years. We have the industry expertise to get you set up with custom payment processing solutions, including vape payment processing, a high-risk merchant account, and everything else you need to start accepting credit cards online and manually.

We pride ourselves on offering the lowest rates among merchant account providers, so you can maximize your revenue from e-cigarette sales. If you need high-risk payment processing and merchant services, there's no better company to work with.

We also have relationships with over 15 financial institutions, including high-risk banks who are accustomed to working with vape-related businesses and e-cigarette companies. We'll find the perfect financial partner for you.