Vape Business Merchant Accounts

Quick summary

Vape and electronic-cigarette businesses can face tighter payment-provider criteria because some acquirers classify the sector as higher risk and may have specific rules around products, sales channels and compliance.

• Provider appetite varies. Some payment providers will not support vape merchants, while others may consider them subject to their current underwriting criteria.
• Be clear about exactly what you sell. Product type, nicotine content, website information, age-verification processes and sales channels can all affect provider assessment.
• Online and physical retail can be treated differently. Ecommerce businesses may face additional scrutiny around website compliance, fulfilment and chargeback exposure.
• Processing history matters. Turnover, refunds, chargebacks, previous account issues and trading history may all be reviewed during underwriting.
• A payment-provider relationship should reflect the real business. Incomplete or inaccurate information at application stage can create problems later if the provider identifies a mismatch.

Merchant Advice Service is an independent UK payments information and provider-matching service with experience supporting businesses operating in specialist and higher-risk sectors, including vape and electronic-cigarette retail.

Vape Merchant Accounts: Costs, Switching and Payment Processing

Vape businesses are often told that expensive card processing is simply part of operating in a restricted sector.

That is not always the case.

Vape retailers do require a payment provider that knowingly accepts their products, sales channels and regulatory responsibilities. However, an established and compliant business with clean processing history may have more options than it did when its original merchant account was opened.

Some vape merchants remain on pricing agreed when they were:

• Newly established
• Processing low volumes
• Trading only online
• Unable to provide previous merchant statements
• Selling a different product range
• Considered higher risk by a mainstream provider

As the business grows, its original arrangement may become unnecessarily expensive or operationally limiting.

A proper review should consider more than the headline transaction percentage. It should examine:

• Acquiring rates
• Interchange and card-scheme costs
• Gateway charges
• Authorisation fees
• Terminal rental
• Refund and chargeback fees
• Cross-border costs
• Settlement times
• Rolling reserves
• Contract length
• Ecommerce and retail integrations
• Support for multiple stores or websites

This guide explains how vape merchant accounts work, what providers assess and how an established vape business can compare or switch payment providers without putting card acceptance at risk.

Find Your New Processor

Already accepting payments but concerned about the cost?

Merchant Advice Service helps vape businesses compare their existing merchant account with potential alternatives.

A review may be worthwhile where the business:

• Has grown substantially since opening its account
• Has at least several months of clean processing history
• Is paying a high blended transaction rate
• Has opened additional shops or websites
• Uses separate providers for ecommerce and card terminals
• Has a rolling reserve that has never been reviewed
• Accepts more debit cards than when pricing was agreed
• Processes increasing volumes of commercial or overseas cards
• Is paying several separate gateway and platform charges
• Has reached the end of its initial contract
• Needs faster settlement
• Has received a price increase
• Wants a second properly underwritten payment route

MAS does not guarantee that switching will reduce costs. A new provider must first accept the complete business model and complete its own underwriting.

The aim is to compare the total cost and suitability of the arrangement rather than replace one expensive or restrictive account with another.

Quick answer: What is a vape merchant account?

A vape merchant account is a card-acquiring facility that has been underwritten to accept payments for vaping products.

It may support:

• Card terminals in vape shops
• Ecommerce checkout payments
• Telephone orders
• Secure payment links
• Wholesale transactions
• Multiple retail locations
• UK and international cards
• Refunds
• Digital wallets
• Connections to stock, EPOS or ecommerce systems

The provider should know that the merchant sells vaping products.

A standard retail or ecommerce account obtained without disclosing the product range can be restricted or terminated, even where the goods themselves are legal.

Approval normally depends on the particular business rather than the word “vape” alone.

Providers may distinguish between:

• Specialist vape shops
• Online-only retailers
• Multi-site retail chains
• Wholesalers and distributors
• Manufacturers
• Importers
• Own-brand producers
• Convenience stores with a small vape range
• Businesses selling both vape and CBD products
• Subscription or recurring-delivery models

Each creates a different underwriting and payment profile.

Find Your New Processor

Are vape businesses considered high risk?

Many banks and payment providers treat vaping as a restricted or higher-risk sector.

This can be due to:

• Age-restricted sales
• Product-compliance requirements
• Changing regulation
• Online age verification
• Advertising restrictions
• Supplier and product-provenance concerns
• The illicit vape market
• Cross-border sales
• Chargebacks
• Reputational risk
• The possibility of prohibited products entering the range

A higher-risk classification does not mean that every vape merchant should pay the same rate.

An established retailer with:

• Low chargebacks
• Documented suppliers
• Compliant products
• Strong financial information
• Effective age controls
• Predictable monthly turnover

may present a substantially different acquiring risk from a newly launched online store with no processing history.

This difference should be reflected when providers are compared.

Vape retail models and their payment requirements

The most suitable merchant account depends on how the business trades.

High-street vape shops

A physical retailer may mainly require:

• Countertop or portable card terminals
• Fast settlement
• Integration with EPOS
• Reliable connectivity
• Reporting by store
• Refund controls
• Support for several locations
• Central management of staff and terminals

The majority of transactions may be card-present debit-card purchases with relatively low average values.

That profile can be cheaper to process than an online vape business, but the provider still needs to accept the product category.

A shop using a basic flat-rate card reader may find it convenient at low volume. Once turnover grows, a fully underwritten merchant account with tailored pricing may become more economical.

Online vape retailers

An ecommerce vape merchant may require:

• A compatible acquiring bank
• A payment gateway
• 3D Secure
• Digital wallets
• Fraud screening
• Age-verification integration
• Recognisable billing descriptors
• Shopify, WooCommerce or another platform connection
• Refund and chargeback reporting
• Support for UK or international customers

Online transactions generally carry different costs and fraud exposure from payments taken in a shop.

A provider supporting retail terminals may not necessarily accept online vape sales.

Multi-channel vape businesses

A business operating shops and a website may be paying:

• One provider for retail terminals
• Another for online acquiring
• A separate gateway fee
• Separate reporting or integration charges
• Different settlement schedules

Bringing these channels together can make reporting and reconciliation easier.

However, one provider is not automatically best. A business may legitimately use different acquiring routes where:

• The online and retail profiles differ
• One provider offers better ecommerce functionality
• Several legal entities or brands are involved
• Operational resilience is important

The commercial benefit should be compared against the cost and complexity of maintaining several arrangements.

Vape wholesalers and distributors

Wholesale vape transactions may involve:

• Larger order values
• Business or commercial cards
• Telephone payments
• Payment links
• Bank transfers
• Credit terms
• Several currencies
• Repeat trade customers

For larger business-to-business orders, card processing may be only one part of the payment mix.

A wholesale merchant should compare card costs with:

• Open banking
• Bank transfer
• Account-to-account payments
• Commercial card acceptance
• Trade-credit arrangements

Commercial cards can carry higher interchange and processing costs than ordinary consumer debit cards. A provider quoting one blended percentage may obscure how much different card types are costing the business.

Manufacturers, importers and own-brand businesses

A business may be treated as a producer rather than only a retailer where it:

• Manufactures vaping products
• Imports them
• Rebrands products under its own name

The MHRA advises that producers must notify relevant products, while retailers should check that nicotine-containing products appear on the appropriate notified-product list. Current product rules include limits applying to nicotine concentration and container or tank sizes. 

Payment underwriters may therefore ask for more than a product catalogue.

They may require:

• Supplier invoices
• Import information
• Product notifications
• Manufacturer details
• Laboratory or compliance documentation
• Packaging examples
• Details of the countries supplied
• Confirmation of duty and stamping arrangements
• Evidence showing where stock originated

Find Your New Processor

When should a vape business review its merchant account?

A review should not happen only when the existing provider closes the account.

Several commercial events can justify comparing the market.

Turnover has increased

A rate that was reasonable at £10,000 per month may be poor value at £100,000 per month.

The provider’s fixed costs and risk are being spread across more transactions, and an established processing record may support more competitive underwriting.

The business now has processing history

New vape merchants are often priced without historic card statements.

After six or twelve months, the business may be able to demonstrate:

• Stable turnover
• Low disputes
• Predictable refunds
• Successful delivery
• Clear customer demand
• Effective fraud controls

That evidence can materially change how another provider views the application.

The card mix has changed

A merchant may now accept a greater proportion of:

• UK consumer debit cards
• International cards
• Commercial cards
• Mobile-wallet payments
• Ecommerce transactions

A single blended rate may be beneficial for one card mix and expensive for another.

More shops or websites have been added

Expansion can create an opportunity to negotiate:

• Group pricing
• Lower terminal costs
• Central reporting
• Faster replacement terminals
• Common gateway pricing
• Multi-site settlement
• Better service levels

The reserve is still in place

A rolling reserve imposed during the first months of trading should not necessarily remain unchanged forever.

The merchant can ask whether clean processing history, stronger finances or reduced chargebacks support:

• A lower percentage
• A shorter holding period
• A fixed reserve cap
• Removal of the reserve

The provider does not have to agree, but the commercial effect should be included in any account review.

The business has reached the end of its contract

Contract renewal is an obvious point to compare:

• Acquiring rates
• Terminal rental
• Gateway fees
• Settlement
• Support
• Exit terms
• New-provider incentives

Do not wait until after an automatic renewal to check the notice period.

MAS insight: Why established vape merchants can be overpaying

A recurring issue for vape businesses is that their pricing reflects the company they were when the account was opened, not the company they are today.

A merchant may have originally accepted:

• A high flat transaction rate
• A rolling reserve
• Slow settlement
• A lengthy contract
• A basic gateway
• Expensive terminal rental

because its provider choice was limited.

Several years later, the business may have substantial turnover, low chargebacks and clear compliance records, but the original commercial terms have never been reviewed.

Another common problem is that the merchant compares only the advertised percentage.

The real payment cost may also contain:

• A fixed fee on every transaction
• Gateway charges
• Authorisation fees
• Monthly minimums
• PCI charges
• Terminal rental
• Statement fees
• Refund charges
• Chargeback fees
• International-card uplifts
• Scheme fees
• Settlement charges
• Reserve deductions

The correct question is not simply:

“Can another provider beat my rate?”

It is:

“What does accepting payments cost us in total, and will the replacement arrangement still support our products, website, shops and future plans?”

Find Your New Processor

How to calculate the real cost of a vape merchant account

Start with at least three recent monthly statements.

For each month, identify:

1. Gross card turnover
2. Number of transactions
3. Total acquiring charges
4. Gateway charges
5. Terminal and equipment fees
6. PCI or compliance charges
7. Refund fees
8. Chargeback charges
9. Currency-conversion costs
10. Other monthly or annual charges

Then calculate:

Total payment cost ÷ card turnover × 100

This produces an effective overall percentage for that month.

For example, a merchant might be quoted a headline rate of 1.5%, but once fixed transaction, gateway, terminal and monthly charges are included, its effective cost may be higher.

A comparison should use the same transaction data for every potential provider.

Blended pricing versus interchange-plus pricing

A blended rate charges one headline price for a broad group of card transactions.

This can be:

• Simple to understand
• Predictable
• Convenient for smaller merchants

However, it may hide the difference between cheap and expensive card types.

Interchange-plus or IC++ pricing separates:

• Interchange
• Card-scheme charges
• The acquirer’s margin

This can provide more transparency, particularly for larger merchants with enough data to understand their card mix.

It does not automatically guarantee a lower cost.

A high-volume vape merchant should compare both models using its actual:

• Debit and credit split
• Consumer and commercial cards
• UK and overseas cards
• Ecommerce and card-present transactions
• Average transaction value

Illustrative switching example

Consider a vape retailer processing £150,000 per month.

Its existing headline rate is 1.75%. Ignoring other fees, that represents:

£2,625 per month

A replacement arrangement with an effective cost of 1.35% would represent:

£2,025 per month

The illustrative difference is:

£600 per month, or £7,200 per year

That does not mean every merchant will achieve this saving.

The new proposal may include:

• Gateway fees
• Fixed authorisation charges
• Terminal rental
• Different international-card pricing
• A reserve
• Contract costs

The purpose of the example is to show why even a small percentage difference can become material for a high-turnover vape business.

Hidden payment costs vape merchants should check

Fixed transaction fees

A difference of a few pence on each payment can matter where a vape shop processes a high number of low-value purchases.

A percentage-only comparison may miss this.

Gateway charges

These may be charged:

• Per transaction
• Per authorisation
• As a monthly fee
• Under a package including a set number of payments

Check whether failed or declined authorisations are also charged.

Refund fees

Some providers return part of the transaction charge following a refund; others do not.

The merchant may also pay a separate refund-processing fee.

Chargeback fees

A chargeback can create:

• A provider administration fee
• Loss of the original transaction
• Loss of the goods
• Staff time
• Additional monitoring

The lowest acquiring rate may not be the best value where dispute support is poor.

Terminal rental

A multi-store vape retailer may be renting several terminals under different contracts.

Check:

• Cost per terminal
• Minimum term
• Replacement charges
• SIM or connectivity costs
• Whether spare terminals are included
• Early termination fees

International-card costs

Online vape retailers accepting overseas cards may pay:

• Higher interchange
• Cross-border scheme fees
• Currency-conversion charges
• Gateway currency fees

A domestic-looking headline rate may not apply to these payments.

Rolling reserves and delayed settlement

Money held for several months has a commercial cost even when it is ultimately returned.

A new provider offering a lower rate but a larger reserve could damage cash flow rather than improve it.

Monthly minimums and compliance fees

Some costs appear only:

• Monthly
• Quarterly
• Annually
• When minimum turnover is not reached

Annualise all of them before comparing providers.

Can switching merchant accounts save a vape business money?

Potentially, yes.

The strongest cases for a cost-saving switch usually involve merchants that have:

• Meaningful card turnover
• Stable processing history
• Low chargebacks
• Clear product compliance
• Good financial information
• Completed an initial high-risk contract
• Outgrown flat-rate pricing
• Several shops or payment channels
• No recent termination or serious compliance concern

Savings may come from:

• A lower acquiring margin
• Better card-type pricing
• Lower fixed transaction fees
• Reduced terminal rental
• Cheaper gateway charges
• Removal or reduction of a reserve
• Faster settlement
• Consolidated reporting

Fewer manual processes

Not every saving appears directly as a lower percentage.

Better reconciliation, quicker settlement and fewer disconnected systems can also reduce administration and cash-flow pressure.

When is switching not the right decision?

A lower quote may not be worthwhile where the new provider:

• Has not clearly approved vape activity
• Does not support the merchant’s products
• Cannot integrate with the website
• Excludes telephone or wholesale transactions
• Imposes a larger reserve
• Has slower settlement
• Requires a long contract
• Cannot support multiple stores
• Provides weak dispute support
• Restricts international cards
• Has low processing limits
• Cannot migrate stored payment credentials
• Uses an unfamiliar or unsuitable gateway

The merchant should also avoid switching during an unresolved:

• Compliance review
• Chargeback spike
• Product investigation
• Data breach
• Provider dispute
• Regulatory problem

Moving accounts does not remove an underlying issue.

How to switch vape payment providers without interrupting sales

1. Do not cancel the current account first

Keep the existing facility active while the replacement provider completes:

• Underwriting
• Compliance checks
• Contracting
• Gateway configuration
• Terminal installation
• Testing

Approval in principle is not the same as a live merchant account.

2. Check the existing notice period

Review:

• Minimum contract term
• Automatic renewal
• Notice requirements
• Terminal-return conditions
• Early termination charges
• Gateway cancellation
• Reserve-release terms

Ask for confirmation of any exit cost in writing.

3. Give the new provider complete information

Disclose:

• Every product category
• Online and retail sales
• Wholesale activity
• International customers
• Monthly turnover
• Maximum transaction values
• Previous providers
• Chargebacks
• Any reserve
• All websites and trading names

Saving money is not worthwhile if the replacement account is later terminated because the application was incomplete.

4. Confirm the technical integration

For ecommerce, check:

• Shopify, WooCommerce or other platform compatibility
• Plugin support
• Hosted or embedded checkout
• Digital wallets
• 3D Secure
• Age-verification workflow
• Refund functionality
• Webhooks and order status
• Token migration

For stores, check:

• EPOS integration
• Terminal delivery
• Connectivity
• Staff access
• Reporting by branch
• Refund permissions

5. Run both arrangements briefly where appropriate

A controlled overlap can allow the merchant to:

• Test settlement
• Test refunds
• Check reporting
• Train staff
• Confirm checkout performance
• Resolve integration problems

Both providers must know and approve the activity. The overlap should not be used to conceal turnover or split problematic transactions.

6. Reconcile the final settlements

When the old facility closes, monitor:

• Unsettled transactions
• Refunds
• Open chargebacks
• Reserve balances
• Terminal returns
• Final invoices
• Direct debits
• Gateway charges

Do not assume all fees stop automatically when new payments are routed elsewhere.

Find Your New Processor

What information will a vape payment provider request?

A new or switching application may require:

Business documents

• Company registration details
• Director and owner identification
• Business bank statements
• Financial accounts
• Trading addresses
• Group-company information

Processing history

• Recent merchant statements
• Monthly card turnover
• Average transaction value
• Maximum transaction value
• Card-present and online split
• Refunds
• Chargebacks
• Customer countries
• Existing reserves

Product information

• Full product list
• Supplier invoices
• Manufacturer or importer details
• MHRA notification evidence where applicable
• Packaging information
• Confirmation that prohibited single-use products are not sold
• Evidence of compliant stock sourcing

Website and retail compliance

• Terms and conditions
• Refund policy
• Delivery information
• Contact details
• Privacy policy
• Age-verification process
• Product descriptions
• Advertising and promotional practices
• WEEE take-back information where relevant

A complete application can also support a better price because the provider can assess the risk without making worst-case assumptions.

Current UK rules affecting vape retailers

Single-use vape ban

It has been illegal to sell, offer to sell or stock single-use vapes for sale in the UK since 1 June 2025. The ban applies to online and physical retail and to products with or without nicotine. A reusable vape must meet the relevant rechargeable and refillable requirements. 

Payment providers may therefore ask merchants to confirm that prohibited disposable stock has been removed.

Age-restricted sales

Retailers must not sell nicotine-containing vaping products to anyone under 18 and should operate suitable age-verification policies. 

For online businesses, a provider may want to understand:

• How age is checked
• Whether checks happen before dispatch
• What information is retained
• How failed checks are handled
• Whether delivery controls are used

A simple statement saying “over 18s only” may not satisfy an underwriter where there is no clear process behind it.

Product notification and specifications

The MHRA advises retailers to check that relevant nicotine-containing products appear on the notified-product lists. Current rules include a maximum nicotine concentration of 20mg/ml, a maximum 10ml refill container and a maximum 2ml capacity for relevant e-cigarette tanks or cartridges sold to consumers. 

Retailers remain responsible for checking the products they supply rather than relying only on a supplier’s general assurance.

Advertising restrictions

Vape advertising is subject to specific restrictions.

ASA guidance explains that advertising of nicotine-containing vaping products is prohibited in many online and electronic media. There is limited scope for factual rather than promotional product information on a merchant’s own website or qualifying non-paid-for online space under its control. 

Payment providers may review:

• Social-media content
• Health or cessation claims
• Influencer activity
• Youth-oriented branding
• Promotions
• Product imagery

The Tobacco and Vapes Act received Royal Assent in April 2026 and includes powers affecting vape advertising, sponsorship, packaging, displays and retail licensing. Some measures require further implementation, so merchants should monitor current government guidance rather than assuming every power took effect immediately. 

Recycling and take-back obligations

Vapes are electrical products. Businesses selling them must provide an appropriate take-back route for used products and components, including pods, coils and batteries. 

This may not directly affect transaction pricing, but it forms part of the compliance picture a provider may examine.

Vaping Products Duty from October 2026

A new Vaping Products Duty begins on 1 October 2026 and applies at a flat rate of £2.20 per 10ml of vaping liquid, including relevant nicotine and non-nicotine liquids. 

From 1 October 2026, liable vaping products newly released onto the UK market must carry the required duty stamp. Retailers can continue selling qualifying unstamped stock produced or imported before that date during the transitional period ending 31 March 2027, provided they keep appropriate evidence. 

HMRC advises vape retailers and wholesalers to retain supplier, invoice, delivery, product and production or import records for at least six years. 

These changes may affect:

• Product prices
• Stock management
• Supplier selection
• Gross margins
• Working capital
• Documentation requested by payment underwriters

That makes the introduction of the duty a sensible time to review processing costs rather than absorbing payment fees and new duty costs without comparison.

Fraud and chargebacks in vape ecommerce

Vape merchants can experience disputes involving:

• Unrecognised transactions
• Stolen cards
• Delivery claims
• Missing parcels
• Damaged products
• Subscription misunderstandings
• Unsuccessful age checks
• Product dissatisfaction
• Refund delays

Useful controls may include:

• 3D Secure
• Device and address checks
• Velocity controls
• Delivery tracking
• Recognisable billing descriptors
• Clear product descriptions
• Prompt customer support
• Accurate refund terms
• Order and age-check records
• Chargeback alerts

A provider quoting a lower rate but offering weak fraud or dispute tools may not reduce the merchant’s overall cost.

Find Your New Processor

Merchant Advice Service view

One of the most important points for vape businesses is that payment-provider appetite is not static.

A provider that supports a particular business model today may change its acceptance criteria later, while another provider may assess the same merchant differently.

Merchant Advice Service therefore recommends being completely clear about the products being sold and how the business operates before applying. Trying to make a vape business appear more straightforward than it is can create a much bigger problem later if the provider identifies a mismatch during underwriting or account monitoring.

Can vape retailers use Shopify Payments or other bundled platforms?

The answer depends on the platform’s current acceptable-use policy, the underlying acquiring arrangement and the precise products sold.

A website platform and its payment service are separate decisions.

A merchant may use Shopify, WooCommerce or another ecommerce platform while connecting an external gateway and acquiring account that accepts vape products.

Before changing provider, confirm:

• Whether the gateway has a supported integration
• Who maintains the plugin
• Whether digital wallets work
• Whether refunds update the order automatically
• Whether recurring or stored credentials are needed
• Whether the merchant can retain its website platform

A retailer should not describe its products differently simply to pass automated onboarding.

Does a vape business need more than one merchant account?

Not every vape merchant needs a secondary account.

It may be reasonable where the business has:

• High monthly turnover
• Several stores
• Separate online and retail channels
• More than one brand
• International sales
• Significant dependence on uninterrupted card acceptance
• Different requirements that one provider cannot meet

Each arrangement should be fully disclosed and properly underwritten.

A second account should not be used to:

• Conceal vape transactions
• Hide chargebacks
• Avoid volume limits
• Process products rejected by another provider
• Continue prohibited activity
• Split turnover deceptively

For many merchants, one correctly priced provider with a flexible gateway will be better than several disconnected high-cost accounts.

What happens if a vape merchant account is terminated?

First establish why the facility has been closed.

Possible reasons include:

• The provider no longer supports vaping
• Prohibited single-use products were identified
• Products could not be verified
• Age controls were considered inadequate
• Turnover exceeded the agreed level
• Chargebacks increased
• Undisclosed products were added
• CBD or another restricted category was introduced
• International sales fell outside the agreement
• Compliance information was not supplied
• The website or advertising raised concerns

The merchant should collect:

• Termination correspondence
• Processing statements
• Chargeback reports
• Product and supplier records
• Website information
• Compliance requests
• Proof of corrective action
• Details of withheld funds

A replacement provider will normally expect the termination to be disclosed.

Do not submit several rushed applications before understanding the cause.

How to compare vape merchant account quotes

Ask each provider to quote against the same information.

Compare:

1. Acquiring pricing model
2. Percentage and fixed transaction fees
3. Consumer and commercial card pricing
4. UK and international-card costs
5. Gateway fees
6. Terminal rental
7. Digital-wallet support
8. Refund charges
9. Chargeback charges
10. Settlement times
11. Reserve requirements
12. Minimum monthly charges
13. Contract length
14. Early termination costs
15. PCI and compliance fees
16. Ecommerce and EPOS integrations
17. Maximum monthly turnover
18. Maximum transaction values
19. Permitted products and countries
20. Support and escalation

Ask the provider to confirm in writing that it has approved the sale of vape products.

How Merchant Advice Service helps vape businesses

Merchant Advice Service provides independent guidance for businesses comparing merchant accounts, gateways and acquiring options.

MAS may be able to help with:

Reviewing current processing costs

Existing statements can be used to understand:

• The effective total cost
• Card mix
• Fixed fees
• Gateway charges
• Terminal costs
• International-card pricing
• Reserve deductions

Comparing potential acquiring providers

Potential options can be assessed against:

• Product range
• Online and retail channels
• Monthly turnover
• Transaction values
• Chargeback history
• Customer countries
• Compliance documentation
• Technical integrations

Switching established vape businesses

Where a more suitable provider is identified, MAS can help the merchant understand:

• Application requirements
• Contract and notice considerations
• Gateway options
• Terminal requirements
• Settlement and reserve terms
• The practical changeover process

New and declined applications

MAS may also help businesses that are:

• Pre-launch
• Newly incorporated
• Declined by a mainstream provider
• Moving from a bundled ecommerce payment service
• Replacing a terminated facility

The final decision and commercial terms remain with the acquiring bank or payment provider.

Find Your New Processor

What should you include in a vape merchant account enquiry?

For a new application, include:

• Business type
• Products sold
• Whether the business manufactures, imports or only retails
• Website address
• Number of physical stores
• Expected monthly card turnover
• Average and maximum transaction value
• Online, retail, telephone and wholesale split
• Customer countries
• Required currencies
• Ecommerce or EPOS platform
• Any previous decline or termination

For a cost and switching review, also include:

• Current provider
• Recent merchant statements
• Existing contract end date
• Current gateway
• Number of terminals
• Settlement period
• Rolling reserve details
• Main reason for reviewing the account

Sensitive product or company documents do not usually need to be included in the first message unless requested.

What happens after contacting MAS?

MAS will first review the business and its payment requirements.

For an established merchant seeking to switch, this may involve:

1. Understanding the current pricing structure
2. Reviewing turnover, transaction numbers and card mix
3. Identifying avoidable or duplicated charges
4. Confirming the product and compliance profile
5. Considering providers with suitable vape appetite
6. Comparing commercial and technical requirements
7. Supporting an introduction where appropriate

A switch should proceed only when the replacement arrangement has been fully approved, tested and compared with the existing account. 

This article provides general payment information and is not legal, tax, advertising or regulatory advice. Vape product, duty and retail requirements can change. Merchants should confirm the current rules with HMRC, the MHRA, Trading Standards and their professional advisers.