Merchant Accounts for Cigarette/Tobacco Industry
Why a Cigarette/Tobacco Merchant Account?
You will need a merchant account with Instabill if you are selling tobacco products or cigarettes online or over the phone because with it you not only get worldwide market coverage, but your Instabill merchant account accepts high volume sales therefore you will have absolutely no problems when your business grows and your sales increase.
A high risk merchant account offers you the perfect solution for your business. With a high risk merchant account you no longer have to worry about finding yourself the right acquiring bank or a credit card processor who will not turn you away due to potential charge backs or risk factors. You will be able to process payments online and on secure servers.
Cigarette/Tobacco Merchant Accounts – Instabill.com
Instabill’s high risk merchant accounts will enable you to process credit cards online and offer you simple and easy merchant account solutions.
At Instabill we offer cost-effective solutions and real-time processing with a hassle free setup. Along with risk management techniques and a world class customer care we provide our tobacco merchant account customers with online reporting and automated recurring billing options. For our high risk and offshore merchant accounts we offer CVV2, AVS verification, direct debit, bank wire, ACH facility and credit/debit card processing services so our tobacco/cigarette merchant account customers have a wide variety of payment processing options to choose from.
Tobacco merchants also get the benefit of multi-currency payment options along with high volume merchant accounts. (Link) Our payment gateway and virtual terminal offer a secure and reliable environment for merchants to process their payments in and our SSL encrypted servers and fraud protection tools provide additional security to our tobacco/cigarette merchant account holders.
Help give your business an additional boost and gain instant benefits with Instabill’s Tobacco/Cigarette Merchant Accounts
What are the general Rates online cigarette and online tobacco Merchants pay for their credit card processing accounts?
Online cigarette and tobacco merchant account rates are assessed on a case by case basis. Cigarette merchants with high monthly sales turnover in excess of $1 million generally pay between 4-5% for their merchant account, whilst start up tobacco merchants and, those online cigarette merchants with low monthly sales turnover (less than $50,000 per month) generally receive rate offerings between 5-6%.
What is the usual timeframe from when I submit my merchant account application to actually receiving a merchant account approval?
Instabill generally receives an answer from one of its’ merchant acquiring bank providers within 3 working days. Upon receiving a merchant account approval notice an Instabill Account Manager communicates all the credit card processing terms and conditions of the bank to the merchant. If the merchant accepts the offer, a merchant account contract is emailed to the merchant for them to sign and return the contract back to Instabill. Live processing can usually start 24-48 hours later.
Signup for Your Tobacco Merchant Account today!
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Applying and processing for a new account with us will take a very short time. Send us your request by filling this application, This is the fastest way to submit your request in our system:
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