VAPE SHOP MERCHANT PROCESSING
Vape and E-cigarette Payment Processing
Although vaping and e-cigarettes are legal in the United States, some e-cigarette and vape juice businesses have a hard time finding credit card processing services. No matter if your vape shop accepts credit cards online or in person, it is often considered a “high risk” business.
There are two main reasons credit card processors generally do not accept vape and e-cigarette merchants. The first reason is the age restrictions and federal regulations that govern vape and e-cigs. These regulations mean that they require specific underwriting knowledge and procedures by credit card processors, which many processors are not prepared for or unwilling to offer.
The second reason credit card processors shy away from vape and e-cig merchant services are the reputational risks that come along with these products. Since some vape shops sell items that could be used for marijuana, low-risk processors are hesitant to offer merchant accounts.
TouchSuite understands the particular issues associated with many high-risk verticals. Your business may carry a reputational risk and we’re ok with that. We help Vape and E-Cigarette shops find the credit card processing solution that best meets their business needs.
TouchSuite offers competitive credit card processing rates for vape and e-cigarette shops, along with the latest technology solutions in card processing devices. We deliver solutions for processing transactions in a secure infrastructure and provide insight for our merchants with our smart technology.
With TouchSuite, vape shops are able to take payments safely, securely and with true confidence in their processor.
VAPE SHOP PAYMENT PROCESSING
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Grow Your Business
A common complaint among vape store owners is that the acquiring bank has imposed a monthly volume cap on their processing. If you go over your monthly limit you may be at risk of having a hold placed on your account or termination.
Opening a merchant account with TouchSuite helps you avoid reaching your volume limits. With an additional merchant account, you can lower your chargeback ratio and increase your revenue. Additionally, our high-risk division is U.S based and provides reporting tools and resources that help you mitigate chargeback and dispute risk.
Our specialists help you accept payments in a manner that optimizes the cost of accepting credit cards. We focus on you, so you can focus on running your business.