Any Advice for Choosing Merchant Account for New Vape Shop?

[EthanR]

Hi,

We are in the process of opening a vape shop and I'm really confused with all the major credit card processors rating vape shops "high-risk". I've found 2 or 3 "high risk" accounts but want to make sure I'm not getting hosed on the rates they are charging. Any advice from other vape shops who have navigated these waters would be much appreciated.

Sincerely,

Ethan

 

[p7willm]

I think there is a section for services for shops. Your best bet is to get 5 posts in the new member and then go there and post.

 

[Stosh]

You're up against the full power of the federal government in this case, "tobacco" sales are included.....

Obama's Weaponization of Government - Forbes

FDIC: Supervisory Insights - Summer 2011

 

[shenyi]

Hi EthanR,

3-4 merchant account companies denied my applicatioins and I could not get a online payment gateway so far. So frustrated, if you find a solution, could you please share it with us? Or could you help us apply and we pay your commission?

Thanks, Mike