Vape shops are one of the fastest-growing businesses, but they often face challenges when it comes to payment processing. Most payment processors consider vape shops high-risk because of the perceived association with tobacco products.  The high-risk designation leads to numerous challenges for vape shops when applying for merchant accounts, such as: Higher fees Difficulty in...Read More

High-risk merchant account fees are more costly than traditional merchant accounts to offset the financial exposure associated with servicing high-risk businesses. A business is classified as high-risk because of the potential for chargebacks, fraud, and other risks. Without a merchant account, your business cannot accept credit or debit cards — the consumers’ most preferred means...Read More