PainlessProcess

Many of the largest Credit Card Processors will no longer be providing merchant accounts for Electronic Cigarettes, Vaporizers, or E-liquids. Several Banks and processors have gone as far as terminating and or canceling the service for existing merchants strictly based upon the nature of this product.

If you or your business has been impacted or if you are considering processing credit cards please call or email us today and we can get you approved in under 48 hours. Our Network of banks directly accepts and welcomes Electronic Cigarettes, Vaporizers, and E-liquids. Whether your company does wholesale, continuity, or retail, we have a solution for your business.

Speak to one of our E-Cig industry specialists today and rest assured that your account is with a company that is in tune with this unique industry.

Call us at 1-877-996-2795 or email us at e-cigs@painlessprocessing.com apply online at Painless Processing

berger

That's hard to believe.
and you posted in the wrong place




And I doubt hamster dance processes credit card payments

PainlessProcess

It's absolutely 100% percent true. We are already processing for some of the largest suppliers in the industry. Should you need this service and don't believe it is possible, I will be more than happy to provide reference to the CFO of one of the largest manufacturers of e-cigarettes so that he can confirm the validity of this post. Otherwise, the website, Painless Processing, is very informative and has many painless ways for you to inquire about your merchant needs. Additionally, they have services such as Check 21 and factor/P.O. financing for large volume accounts.

Furthermore, should you feel that this post has better placement elsewhere, kindly inform me of this place and I will be more than happy to post there as well.

Let me know should you need further information.

berger

[quote=Painless[/quote]

Post in supplier hype (like you already did)

PainlessProcess

Painless Processing specializes in crafting the appropriate merchant solutions for your business needs. It is our mission to educate and provide assistance to e-cig companies (web or physical) no matter the size or business model. We cater to this industry with our in-depth knowledge of the overall electronic cigarette market and direct relationships with the few banks that will process credit cards for e-cig companies openly. It is our firm belief in this product and industry that drives our passion to help it succeed.

Many of you have had your processing accounts closed or terminated without sufficient notice or even had your money that hasn't settled, held by the funding bank. PayPal and other merchant service providers have completely shut the door on e-cigarette industry. Unfortunately, some of you have also had the experience of being TMF’d (Terminated Merchant File) as a result. E-cigs are now considered to be high-risk accounts unfortunately. Our company provides some of the most competitive industry rates for those of you looking to save money, or if you would like to align yourself with a merchant service provider that is an Electronic Cigarette industry expert and views you (and your business) as a client and not an account.

We provide a wide array of products and services. If you're a manufacturer with high-volume merchant account needs or would even be interested in Accounts Receivables factoring or P.O. financing (purchase order financing); we can help you get started today. Maybe you run a continuity business model, or a subscription based service that requires your website to be PCI compliant and set up thru a special gateway/transaction processor, which performs the recurring billing process automatically - cutting down on having to enter 1000's of transactions manually; we can help. We can also set you up with Check 21 to virtually eliminate your chargeback's. You may have a kiosk that needs an account or kiosks in need of POS systems, credit card terminals we have them in stock and will beat any other quoted price. If you only have a few sales on a webpage and need a shopping cart we can have this set up in no time.

Check out our website, High Risk Merchant Account International Volume, e-mail us at e-cigs@painlessprocessing.com, or give us a call at 1-877-996-2795 to speak directly with our courteous and professional staff.

We’re so easy it’s Painless…

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PainlessProcess

E-Cig merchants, we have just started receiving several reports of CardFlex (a large merchant services provider currently processing for the Electronic Cigarette Industry) shutting down and eliminating Electronic Cigarettes from their active clients. In order to give you forewarning, we suggest if you currently process through CardFlex please start considering alternative Credit Card processing arrangements. Many of you have been through or heard about this with PayPal and First Data, so please start making plans now before you run the risk of having your processing service terminated and lose sales. If you would like assistance or more information please feel free to call us at 877-996-2795 or email us at e-cigs@painlessprocessing.com.

Painless Processing can be your merchant solution provider for all future E-Cig transactions.

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JuiceBlaster

This is very interesting, but-

Now that Wal-mart has announced plans to sell ecigs,

Walmart to Begin Selling Electronic Cigarettes?

I'm wondering....

Is their CC processor going to cancel them because they sell eigs now?

We all know the answer to THAT question!

So, if CC processors refuse to service companies that sell ecigs once Walmart starts selling them, that becomes more of a discrimination case than a policy one, since it becomes pretty hard to claim that they don't service accounts that sell ecigs anymore.

Just apply for Credit Card processing with the same folks that handle the Walmart account, maybe?

PainlessProcess

Theoretically you are correct and it is very discriminatory, however within the agreements for the CC processors it basically gives them very subjective rights as to who they service or on what grounds they can cancel you. This has lead to a few arbitration cases throughout history. In regards to E-cigs they are considering it a high risk industry and the companies and websites they are eliminating are ones that solely or predominantly sell E-cigs. Companies like Wal-Mart sell so many products that their product portfolio is highly diversified (in low risk products), making them an overall low risk business as high risk products account for a very small percentage of their sales. Aside from being one of the largest most well renown companies we agree with you we don't see them getting canceled any time soon

berger

7-11 is already selling the 20.00 njoys disposables now. I doubt they are having cc problems

PainlessProcess

I agree, 7-11's product mix is similar to that of Wal-mart consisting of mostly low-risk products so it is highly unlikely their processing will be interrupted.

PainlessProcess

Painless Processing is a premier merchant solution provider to the electronic cigarette industry. We cater to this industry with our in-depth knowledge of the overall market and direct relationships with the few banks that will process high-risk credit card transactions for e-cig companies openly. Our company provides a wide array of products, services, and some of the most competitive industry rates. As electronic cigarette industry experts, we maintain our position as the quick and painless solution to your payment processing needs and aim to assure your business has the ways and means to accept payments and process credit cards. With Painless you are more than just an account, you’re a client.

Check out our website, High Risk Merchant Account International Volume, e-mail us at e-cigs@painlessprocessing.com, or give us a call at 1-877-996-2795 to speak directly with our courteous and professional staff.

We’re so easy it’s Painless…

PainlessProcess

Electronic Cigarette Entrepreneurs, we are receiving reports from some of our most recent applicants that Meritus, another large merchant processor for several E-cig companies, is currently eliminating electronic cigarette merchant accounts from their client roster. These new applicants received termination letters stating they have until the end of the month of March to find alternate processing solutions. Many of you have been through or heard about this with PayPal, First Data, Wells Fargo, and now Meritus. As part of our continued service to keep the e-cig industry informed of abrupt changes that may adversely affect business, we advise you to plan ahead by taking preventative measures so you do not run the risk of having your processing service terminated or interrupted and lose sales. If you currently process through Meritus, please start considering alternative Credit Card processing measures to avoid any potential disruptions in service. If you would like assistance or more information please feel free to call us at 877-996-2795 or email us at e-cigs@painlessprocessing.com.


Painless Processing … we don’t blow smoke.

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berger

Wow..that many companies..wonder why when I can use my cards to buy cigarettes online (if I still used them)...whats the justification behind that thinking?

unchained

It is true. I just received my cancellation notice from Meritus yesterday. They said their bank - Wells Fargo ordered them to be cancelled as high-risk. My question is regarding what is their financial risk? Can anyone answer that question?

berger

I wonder if paypal has anything to do with any of this? If not who did and why?

unchained

See H.R.1256 passed by the 111th congress.

It sounds silly that declines in traditional cigarette smoking are minimal after all the decades of anti-smoking campaigns. We have an alternative hit the market that works and the tabacco lobbyist go nuts!!! Economically it is understandable they would want to crush competition by maintaining roadblocks to market entry that serve to keep their monopoly / oligopoly.

PainlessProcess

There are several rumors fluttering about as to why Wells Fargo ordered Meritus to pull the plug on E-Cigs, however, the one that seems most realistic is Wells recently conducted an audit of the Meritus portfolio, and there were probably higher-than-average chargeback’s on the "industry accounts" and forced them to eliminate the industry as a whole. Most of the large volume processed by Electronic Cigarette companies is done through negative option, free trial, or continuity Internet offers. Some of these campaigns generate more than one million dollars per month, but tend to have sporadic volume fluctuations, are plagued with chargeback’s, and have incurred several consumers reports to various regulatory or "rip-off" agencies. In general, traditional online sales and wholesale e-cig transactions run a low financial risk, but since the surge in popularity of these online / Internet high-volume trial offers which weigh on the industry’s classification of high-risk as a whole. What several banks these banks are doing is tightened up the parameters on what type of E-Cig business they are willing accept, in this instance it seems as if Meritus / Wells chose to eliminate it entirely. Many of these businesses are unfortunately now forced to process off-shore to continue in their payment transactions. We do not understand either as to why they would choose to move on this in the manner in which they did, but the above is the only reasonable explanation we have aside from a general bias and negative trend towards processing in the industry that started with the PayPal / First Data terminations amounting to a slowly increasing domino effect of domestic banks that will process Electronic Cigarettes.

berger

Chargebacks?
gee I cant imagine it having to do with the FREE TRIALS and KIOSK SALES when people realized they were ripped off...

PainlessProcess

We don't believe that chargeback's are coming from the consumer feeling ripped off by purchasing a product they believe carries less value then they paid for. In many cases, chargebacks most likely come from consumers not realizing their purchase automatically signs them up in a continuity program and they only realize it once they are charged for the first billing cycle. This causes many credit card disputes and thus chargeback's. The overall popularity of these programs increase risk for banks across the industry and many banks are only set-up to handle x% of risk on a given industry.

berger

Its a shame the banks don't target the actual offenders ...just like every other industry..

Harjo

Hello to all!
Harjo here over at Merchant Now Financial. Rather than jump on the band wagon of using scare tactics to try and gain new accounts I thought I'd help shed a little light on the subject of banks shutting off e-cig merchant accounts. It is true that several of the acquiring banks that were processing for the e-cig industry are shutting them off. These institutions include Wells Fargo, Moneris/Money Tree, First Data/FDC/1st Data Corp, and several others. The biggest reason for this drastic change in policy has to do with the fact that First Data, which is the largest processor in the world and is behind all the institutions named above and many more, is in need of cash. They have been a privately held corporation for the last 5 years and are now about to put out an IPO and go public again. When things like this happen they go through their books and get rid of anything that could look like a risk to their investors. It's a bunch of b.s. but at the end of the day that is the reality.
Now, all that having been said I've been setting up merchant accounts for 10 years and have been setting them up for the e-cig industry for over 3 years now. NO ONE is taking me or my agency out of the game. Many of you are already clients of mine and know what I say to be true but I'm still here to help out anyone that needs it. If you need a solid processing solution, not a here today and gone tomorrow solution but a permanent home then give me a call or shoot me an email and I'll get you taken care of the same as I have for over 150 e-cig suppliers. I have e-cig accounts processing over 1 million dollars per month all the way down to folks doing 1k a month. Whatever you need we can handle. Hope this post finds everyone doing well and I look forward to many more years of working with this industry.

Best Regards,
Joshua H.
866-677-9384 x 223
jharjo@merchant-now.com

HiRezL

Credit card Processor fight! WooHoo!

40bikes

Yeah, but there is never any kicking and biting. Videos suck.

PainlessProcess

Instead of resorting to an attempt to badger and slander a supplier / competitor, we are actually quite glad to see that another processor is actively providing and catering to this great industry. Even though Joshua H at Merchant Now doesn't make any disclosures of any existing client references we will not make any bold faced assumptions and question his legitimacy within processing E-Cig clients. I personally think our informative updates of certain banks discontinuation of processing assists potential clients in obtaining a solution, and does not serve as a purpose to try and scare people to signing with us. Don't take it the wrong way Hajro but you just listed a handful of banks that terminated E-cigs starting with the largest First Data, so how can you say that it is a picnic out there and there are no threats that exist to this industry from a processing standpoint? Please kindly inform "Forum members" as industry enthusiasts, of course, of your unique solution that is invincible to regulatory changes in the domestic financial industry and certain risks that transpire within the Electronic Cigarette industry that backlash into credit card processing..... I know we are not immune to it which is why we don't use the word NEVER, or else we would be misrepresenting ourselves. After Cardflex shut down, several of their former clients had a lot of money held and really had the steady continuation of their business tested with their downtime. We are glad to have been there to support a lot of people effected and several of them found us from this forum.

However, we don't want to get into a chest pounding match with Harjo (Joshua H) since there is enough room on this forum for the both of us, and plenty of great Electronic Cigarette sales to process so we will yield to him and actually endorse you to call Harjo (Joshua H)- first for his best deal and then feel free to contact us for comparative purposes and you choose whom to give your business.

Our current solutions are solid for E-Cigs and we have several satisfied clients processing from $500 per month to over 2,000,000 per month and we too along with Joshua H at Merchant Now welcome your inquiries to make sure this industry is processing and informed properly.

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berger

Looks like you were right bikes,
that was pretty painless...