As an online store for vape products, you have certain product options for selling. These are the products you’ll usually find on any online vape store. That means you can cover each one of these products on your store as well:
Increase in online purchases and advent of e-commerce have given merchants a good way to capitalize in this booming industry. However, getting merchant account for such companies is quite difficult. As it is a high-risk product, rates for the merchant account may be high. Talking about other reasons that make this industry high risk, they are:
• Availability of fake products on the web
• Disputed nature of the product
• Substantial charge back history with illegitimate merchants
• Lack of regulation and enforcement on the industry
Despite these reasons, there are ways to accept payments from MasterCard, Visa, American Express and Discover credit cards. Professional service providers like Paycron team up with a range of reliable banks and offer customizable solutions for the business. Merchants are given access to pay terminals and latest POS systems to assure they get everything that’s needed to accept credit card payments in-store. In addition, solutions and tools that help in processing payments, preventing frauds and increasing revenues are also made available.