E cig and Vape Merchant Account
Vape and E-Cig Merchant Account
The E-cig and vape industry has seen some tremendous growth within the last 8-9 years here in the UK, with industry being worth over $3.5 billion.
The great propellers of the market are products like vaporisers (vape), e-juices and so on and its still been considered a delicate market.
Card Payment For E-Cig and Vape Business
E-cigs and vapes are still classed as “high risk” by the card processors and as a result of this, not many financial institutions want to help the entrepreneurs in this industry to open a merchant account.
The business thrives because many people now opt for the option, either because of the banning of indoor smoking, because of its friendliness to nature but more importantly, its potential health benefits in comparison to traditional cigarette smoking. In the light of the progress of the industry, this high-risk venture is becoming more accommodating for entrepreneurs who would love to trade e-cig products to get a merchant account and to get into taking card payments.
At We Tranxact, we will ensure your business is fully compliant to meet recent legislations: http://www.legislation.gov.uk/uksi/2016/507/contents/made
We Tranxact have taken it upon ourselves to provide merchant accounts for e-cig and vape businesses, despite the high risks. We are willing to provide you with all the needed information that would set you up and get you going without a glitch in your e-cig business.
For localized business shops, it is not difficult to get you all set up; it is relatively straightforward. But this isn’t the same for online vape stores and accounts. Therefore, we will provide you with a merchant account and a gateway for card payment transactions for online payments.
Card Processing For E-Cig and Vape Stores