The 10 Best Cigarette Merchant Account
The Food and Drug Administration (FDA) is responsible for regulating tobacco products in all forms, including e-cigarettes, hookah tobacco, and cigars.
The Prevent All Cigarette Trafficking Act of 2009 (PACT Act) was specifically created to prohibit the online sale of cigarettes and smokeless tobacco to anyone under the legal age as defined by their state.
Under the PACT Act, the specific measures that the online cigarette retailer should take is to label their packages to state that it contains tobacco. They must also verify the age and identity of customers at the time of purchase.
With the myriad of laws and regulations, the evident health risks, the risks of tobacco products falling into the hands of minors, and more, banks are unwilling to grant cigarette businesses a merchant account.
Below are 10 highly recommended merchant service providers who have a solid reputation and expertise in the cigarette business and are ready to help you launch yours. Take the time to analyze your options that would suit your cigarette business best.