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HIGH RISK MERCHANT ACCOUNT

VAPE AND NICOTINE

Vaping and nicotine businesses have had a greater need for credit card processing solutions since the evolution of these products. Especially for online vape and nicotine stores, because of the difficulty in finding a high risk merchant account provider. Products sold in this industry are classified as high risk products. This is because these products cannot be sold using mainstream payment gateways. We have customers who have had their merchant accounts canceled by their processors. If you are having trouble finding a reasonable high risk merchant account for your business, no worries, Structure Payment has the solution.

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STRUCTURE PAYMENTS SPECIALIZES IN THE VAPE AND NICOTINE BUSINESS MARKET


NICOTINE POUCHES

NICOTINE SALTS

RECHARGEABLE

DISPOSABLE E-CIGS

E-LIQUIDS

VAPE JUICES

POD VAPES

VAPE CASES

VAPE BATTERIES

VAPE PENS

E-VAPORIZERS

VAPE COILS

VAPE CHARGERS

VAPE MODS

VAPORIZER JUICES

VAPE TANKS

CARTRIDGES

WOOD VAPORIZERS

POD VAPES

VAPE CASES

E-LIQUIDS

E-JUICES

VAPE AND NICOTINE MERCHATS NEED HIGH RISK PROCESSING





High-Risk Merchant Account

Utilizing a high-risk credit card processor is crucial for vape and nicotine businesses due to several key reasons:

1. Specialized Industry Knowledge: Vape and nicotine businesses operate in a unique industry with specific challenges and regulations. High-risk credit card processors specializing in this sector possess deep industry knowledge and expertise, allowing them to tailor their services to the needs of vape and nicotine businesses more effectively.
2. Age Verification : The sale of vape and nicotine products often requires strict age verification measures to ensure compliance with legal age restrictions. High-risk credit card processors offer advanced age verification solutions integrated into their payment processing systems, helping businesses meet regulatory requirements and prevent underage sales.
3. Transactions Support: Many vape and nicotine businesses operate on at a large scale, requiring support for transactions. High-risk credit card processors are well-equipped to handle all payments, offering same day funding, payment gateway capabilities, and compliance with regulations.
4. Secure and Reliable Payment Processing:Vape and nicotine businesses deal with sensitive customer data and high transaction volumes, making secure and reliable payment processing a requirement. High-risk credit card processors employ robust security measures, such as PCI compliance, encryption, and tokenization, to protect customer information and ensure transaction integrity.
5. Flexible Merchant Account Solutions:Traditional financial institutions often decline merchant account applications from vape and nicotine businesses due to perceived risk factors. High-risk credit card processors offer flexible merchant account solutions tailored to the unique needs of vape and nicotine businesses, including high-volume processing, multiple payment methods acceptance, and rapid account approval processes.
6. Scalability and Growth Support: As vape and nicotine businesses grow and evolve, they need payment processing solutions that can scale with their expansion. High-risk credit card processors provide scalable solutions that can accommodate increasing transaction volumes, new product lines, and emerging market opportunities, supporting the long-term growth and success of vape and nicotine businesses.

In summary, vape and nicotine businesses require the services of a high-risk credit card processor, like Structure Payments, to navigate regulatory compliance, mitigate chargeback risks, access tailored payment solutions, and manage their reputation effectively within the complex and dynamic landscape of the industry.

IS THE VAPE AND NICOTINE INDUSTRY HIGH RISK?

The nicotine, vaping and electronic cigarette marketis a relatively recent and dynamic sector, falling into the high-risk category due to the inherent nature of its products. The Food & Drug Administration (FDA)places a high priority on regulating the safety, usage, and sales procedures of nicotine, vape and e-cigarettes, given their widespread popularity. These products, classified as ingestible and tobacco-related items, are subject to rigorous oversight by the FDA.


One major challenge in this industry is the authentication of online buyers' age, as federal law mandates that individuals must be over 18 to purchase and consume vaping and e-cigarette products. Also, as more and more states are regulating what products they allow in each state and the taxes for these products may cause pressure on payment processors to follow strict guidelines. Traditional banks and payment processors are hesitant to support online sales of these items due to the difficulty in verifying a buyer's age through digital means. Consequently, only specialized payment processors dealing with high-risk vape sales are willing to assume this challenging responsibility. This is why we have many customers who use our payment processing solutions.


High-Risk Merchant Account

High-Risk Merchant Account

SELLING E-CIGARETTES AND NICOTINE PRODUCTS ONLINE?

Thriving in the digital realm, vaping, e-cigarettes, and nicotine companies are experiencing continued growth. With vaping and nicotine pouches established as healthier alternatives to cigarettes, cigars, and tobacco dip, a considerable number of individuals are embracing this trendy substitute. This shift has led to the emergence of a flourishing industry valued at approximately $20 billion, encompassing nicotine pouches, snuffs, vapes, juices, and vape accessories.


In the highly competitive vape and nicotine industries, establishing a robust online presence is a key strategy to enhance market share. Structure Payments, with its seasoned experience in setting up vape merchant accounts, offers tailored solutions to meet the unique needs of your vape and nicotine business. Our expertise covers a broad spectrum of the industry, including nicotine pouches, snuff, e-cigs, juices, and catering to smoke shops and vape stores.


Navigating the intricacies of the underwriting process, we are well-versed in the specific industry standards required for trustworthy payment processing in vape merchant accounts. Moreover, Structure Payments stands out by making the acquisition of high-risk merchant accounts remarkably straightforward, with the capability to expedite the process in as little as 2 days.

REQUIRE A PAYMENT PROCESSOR FOR PARAPHERNALIA?


Our customers process payments for paraphernalia, as this is a very profitable segment of their businesses. This includes products such as lighters, torches, matches, rolling paper, rolling machines, pipes, hookah, bongs, grinders, ash trays, etc.


Now matter what you sell you will need aprofessional, reputable high risk credit card processor. Our customers have used our merchant products to create successful, dynamic, and profitable smoke shopes and online stores.

High-Risk Merchant Account
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