Vape shops and traditional tobacco smoke shops often run into challenges when applying for merchant accounts.
In credit card processing, certain businesses are considered “high risk” and will need a processor that specifically supports those business types. But there’s some confusion about what exactly “high risk” means.
Gun dealers often face different challenges than other businesses, and that’s true when it comes to taking credit cards as well. Since selling firearms is considered a “high risk” business, some credit card processors don’t offer services to gun dealers.