eMerchantBroker Offers Services to E-Cig Merchants Affected by New FDA Regulations
August 15, 2016 (PRLEAP.COM) Business NewsAugust 15, 2016 - Los Angeles, California - With the new FDA regulations on e-cigarettes now in effect, eMerchantBroker is reaching out and offering solutions. An alarming number of these small businesses have shared that they simply cannot afford to keep their doors open, since following the new guidelines will cost hundreds of thousands of dollars. Some businesses have reported that these new FDA regulations will require the registration and payment – by the business itself – for each product created. While health experts are adamant that these regulations are critical for public safety, e-cig users and business owners insist that these devices are a healthy substitute to smoking.
The e-cig industry has been categorized as "high risk" from the very beginning. That being so, the majority of e-cig merchants have been unable to open and/or retain a merchant account – banks simply won't expose themselves to the risks. According to the high risk specialists at EMB, these new regulations have just pushed e-cig merchants further into the high risk category.
eMerchantBroker is the #1 provider of merchant accounts for the electronic cigarette industry, and continues to be the nation's leading provider of high risk merchant services. For the businesses that have been successfully processing with regular merchant accounts but now face obstacles with new FDA regulations on e-cigs, EMB offers its e-cig merchant accounts as a solution.
According to the team of experts at EMB, "We've done our diligence. Using our company's combined experience as industry leaders and our extensive and diverse portfolio of merchants, we've learned the ins-and-outs of each business type we work with."
"Our team can easily find you an account that is convenient and efficient for your e-cig business. With processing times as short as 48-72 hours and applicant-friendly policies regarding credit history, eMerchantBroker.com can be the answer your e-cig shop is looking for in credit processing."
Located in Los Angeles, CA, eMerchantBroker.com (EMB) is an award winning business that also boasts an A+ rating with the BBB. With the largest network of its kind, the goal of EMB is to help every company obtain the processing solutions they need, regardless of the "high risk" categorization of their industry.