Penny Auction & E-Cigarette Merchant Account Services
Do you need a merchant account for your penny auction website? Do you need a merchant account for an e-cigarette store online? Recently many of these merchants have had their accounts shut down due to changes in underwriting guidelines from most sponsoring banks. These changes are due in part to an increased number of charge backs and consumer fraud.
While most penny auction websites are legitimate, there are a few bad apples that have ruined it for the rest. So, penny auction websites are now considered high risk merchant accounts. At First American Merchant Broker we specialize in high risk merchant services and we can approve penny auction websites and e-cigarette websites.
If you need a merchant account for your website, and you don’t want to pay any up front fees and you want to be approved in 48 hours or less, then contact us today!