With each U.S. state having their own unique laws regarding tobacco sales and trade, toboacco merchant accounts can be tricky to find.
Instabill has offshore and international banking solutions in place for tobacco merchants. Click the button below to get the process started.
Instabill was recently named among the top e-cigarette merchant account providers by CardPaymentOptions.com and has consistently been recognized as one of the best high risk merchant account companies for the last three years.
Instabill has domestic and offshore payment solutions for e-cigarettes and vaping merchants. Click the ‘apply today’ button to find out about our options.
Because each state has unique laws regarding the sale and trade of tobacco, Instabill can only cater to tobacco merchants who operate outside the U.S. Therefore, Instabill offers merchant accounts through an offshore or international bank.
The only payment solution for tobacco Instabill has available is amerchant account through an offshore or international bank.
The time it takes for tobacco merchant account approvals is different with each merchant and their processing history. By submitting all the necessary documentation in a timely manner, Instabill can provide a credit card processing solution between 7 business days to 2 weeks.
Tobacco merchant account fees are contingent on several factors, such as the merchant’s processing history and projected sales volume. Each merchant account is unique, but typical fees for tobacco merchants include:
Tobacco is considered a high risk industry for a number of reasons:
Health concerns: Tobacco in the form of cigarettes and cigars contribute to a number of diseases including ling cancer, emphysema and high blood pressure.
State Laws: Each U.S. state has different laws regarding tobacco sales, distribution and transport. Some states have prohibitions or restrictions, therefor we advise tobaco merchants to consult the Alcohol and Tobacco Trade Bureau website under the U.S. Department of the Treasury.