Performance Card Service (PCS) is a highly experienced provider of vape shop merchant services. If you have struggled to find a satisfactory vape payment processing solution, we can help you.
Vape Shop Merchant Account
Complete, Secure and Affordable Merchant Services for the Vaping Industry
Why Choose PCS for Vape Shop Payment Processing
As the muddy regulatory process for the vaping industry sluggishly proceeds, we have found many reasons to support the businesses that work within the industry. Our vaping merchants and suppliers enjoy low chargebacks and provide excellent products and services to their clients. PCS continues to develop new relationships to benefit suppliers and merchants in the vaping industry.
Depending on the age of the business, prior processing history and marketing methods, our clients can pick from a handful of resources to assist them in accepting payments from their clients and customers. Credit card and eCheck processing remain the most popular ways to pay, but other options are also available. Most of our U.S. clients use domestic payment options that offer very competitive rates and terms, but we evaluate each business individually to ensure we find the right payment relationship.
The #1 reason for chargebacks, higher rates and other payment account complications stems from the poor fulfillment practices of businesses in this space. Fulfillment needs to be rock solid or the business will suffer in general and then specifically regarding its payment accounts because of chargebacks. Additionally, marketing practices can often be troublesome. Opt-out and subscription models tend to be higher in customer complaints, so having a concise explanation of the way the business charges its customers and having a proactive refund policy in place serve businesses well.
We also encourage — and often require — merchants to utilize respected secure payment gateways that ensure the protection of cardholder data and limit the liability for our clients. These gateways not only provide an excellent security layer, but also often have reporting and other features that our clients prefer over the actual financial institution’s resources.
Note that vape merchants who target consumers in states where cannabis is legal for medical or recreational uses might have a harder time with approval. Some banks and processors have been slow to adapt to this swiftly growing market. Regarding bank approval, we have seen restrictions on types of vape products, how they are marketed, and even what logos or branding is used. PCS will help merchants navigate merchant provider requirements to ensure the best chance at approval.