The Origins of Modern Vaping
While modern vaping is seen as a relatively recent phenomenon, its origins can be traced back to Ancient Egypt, where vape herbs and hot stones were used in a manner similar to today’s vaping techniques. The first form of shisha was introduced thousands of years ago in India.
Fast forward to the modern era, in 1927 Joseph Robinson devised the idea of the vaporizer, but it wasn’t until 2004 when Hon Lik, a Chinese pharmacist, invented the first modern e-cigarette that we recognize today.
Why Sell Vape and E-Cigarettes with a Merchant Account?
Despite legal and regulatory challenges, the vape industry continues to thrive. In 2022, the industry generated over $3.6 billion in the U.S. alone. With this booming demand, e-cigarette sales show no signs of slowing down.
However, to capitalize on this growing market, you need a vape merchant account to accept debit and credit card payments. Without it, you risk losing business due to the limitations of cash-only or non-secured payment methods. High-Risk Match can help you secure the right payment solutions to meet this demand.
The Problem with Selling Vape and E-Cigs Online
Selling e-cigs and vape products online comes with unique challenges, particularly when it comes to payment processing. Here are the main issues:
- Regulations: Federal regulations and age restrictions make it difficult for most traditional processors to accept vape-related businesses.
- Political Landscape: Vaping is now considered a political issue, making processors wary of the industry.
- Risk Factors: The increased risk of
chargebacks and fraud within the e-cigarette industry makes traditional processors like PayPal, Stripe, and Square unwilling to work with vape merchants.
This is where High-Risk Match steps in. We specialize in high-risk industries, including the sale of vape and e-cig products. Our experience and tailored solutions ensure that your business can accept payments smoothly and securely.
How to Secure Electronic Cigarette Credit Card Processing
Though challenges exist, the opportunity for profit in the vaping industry is undeniable. To get started, you’ll need a trusted high-risk payment processor that understands your needs. High-Risk Match makes securing a vape merchant account easy and hassle-free.
Unlike traditional banks, we have established relationships with banks and processors that understand the risks of the e-cigarette industry. With High-Risk Match, you won’t face payout freezes or sudden account terminations that can jeopardize your business.
Why Choose High-Risk Match?
- Technology-Based Payment Solutions
We offer a range of cutting-edge payment solutions tailored to the needs of your vape business, including:
- EMV smart chip technology
- Countertop terminals
- PIN pads
- Wireless technology
- Mobile processing apps
- Online payment gateways
- Tablet POS systems
- Dedicated Customer Service Representative
At High-Risk Match, we assign each of our clients a dedicated account manager who is available to help you with any questions, concerns, or issues. From the initial application to ongoing account support, your representative will ensure you get the personalized service you need to thrive.
- Competitive Pricing
While many high-risk processors charge exorbitant fees, High-Risk Match is committed to offering competitive rates. We also provide free rate reviews to help you maximize savings while still enjoying top-notch service.
Application Requirements for Vape and E-Cigarette Merchant Accounts
Before you apply for a vape merchant account, gather the following required documentation to streamline the process:
- Personal and business bank account details (routing numbers, account numbers)
- Up to 3 months of bank statements
- Personal identification, such as a driver’s license or government-issued ID
- Business documentation outlining your business model and revenue strategy
- Proof of your online presence (website URL and social media profiles)
Online Vape Platform Integrations
High-Risk Match makes it simple to integrate your vape and e-cigarette business with popular eCommerce platforms like OpenCart. Our payment gateway solutions seamlessly integrate with your website’s shopping cart, allowing you to process transactions securely and efficiently.
Partner with High-Risk Match Today
Ready to take your vape and e-cigarette business to the next level? Partner with High-Risk Match for reliable, secure, and affordable credit card processing solutions. Whether you’re selling online or in-store, we’ve got the tools to ensure your business succeeds.
Contact Us Today
Get started with High-Risk Match and secure your vape merchant account. Let us help you build a thriving e-cigarette business with our top-of-the-line payment solutions.
