Tobacco Merchant Account
Tobacco merchant accounts from MerchantWorthy.com provide credit card processing solutions to tobacco businesses throughout the US. Because the tobacco merchant industry is one of the highest-risk industries in the world , the demand for high risk merchant accounts in the tobacco industry is high. Although many tobacco businesses are lucrative, banks perceive tobacco retailers as risky due to characteristically high credit card chargebacks. What’s more, banks now enforce a strict set of regulations with rigid penalties for merchant account violations. So whether your a brick-and-mortar tobacco retailer or an online tobacco merchant, it has become increasingly difficult for tobacco merchants to obtain merchant accounts. And with additional issues of fraud and underage smoking, it can seem almost impossible to get a merchant service provider for tobacco products.
With MerchantWorthy.com on your side, your tobacco business no longer has to worry about a credit card processor terminating your merchant account for high chargebacks. MerchantWorthy.com offers internet merchant accounts bundled with secure payment gateways and virtual terminals to give your online customers a secure, seamless experience when shopping on your site. For those high risk tobacco merchants that require immediate merchant account support, we also offer emergency merchant account activation. Our in-house underwriters can have your account processed within 24 to 48 hours after receiving documentation over the phone. You’ll be up and running in no time!
Due to their high risk rating, many tobacco companies are forced to obtain merchant processing via offshore or shared hosting accounts. If that is the case, MerchantWorthy.com will help you open a reliable offshore merchant account which accepts multi-currency payments. Give us a call at 1-800-357-0001, MerchantWorthy.com can assist you in all your needs and have your tobacco business running smoothly and efficiently!