Find the Most Efficient Merchant Account for E-Cigarettes & More in UK
E-cigarettes and vaporizers are becoming more popular, but the lack of clarity in the classification of e-cigarettes discourages banks from creating merchant accounts for firms that offer these items. Banks view shops as high risk for a variety of reasons, including:
* It is believed that the regulation around e-cigarettes is about to change, which has generated concerns among merchants who are unsure of its long-term future and so wish to avoid it.
* Some banks consider firms such as vape shop sellers to be cash cows. Therefore, they deny offering the assistance of an E-Cigarette Merchant Account in the UK.
* Because e-cigarettes are a new technology, the long-term health effects remain unknown.
* The sector has a large number of chargebacks, which might make it difficult to get a merchant provider.
If you want to open a merchant account as an e-cigarette store, you should seek a high-risk specialized payment gateway for vaping UK.
Organizing an account for a brick-and-mortar store should be reasonably simple under normal conditions. This does not apply to the higher-risk accounts though, and the procedure can be time-consuming too. Here get professional merchant account providers that look at both account setup and locating a suitable high-risk payment gateway to allow you to accept online payments.
Find the best place where you get a very low processing rate with no monthly charges, fast setup with a next-day settlement, fully PCI compliant solution, and more. Find the best solution from the experts of E-Cigarette Merchant Account in the UK.
For more information about E Cigarette Merchant Account in UK please visit the website.
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