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COVID Has Changed Consumer Behavior. Has Your Cigar Business Adapted?

COVID Has Changed Consumer Behavior. Has Your Cigar Business Adapted?

by Premium Tobacco Payment Processing | Feb 28, 2021 | Industry News, Merchant Processing Fees, Payment Processing Solutions, Tips & Insights

We are all breathing a sigh of relief now that Americans are receiving Covid-19 vaccinations and cases seem to be declining (at least for now). But we’re not out of the woods yet. With new variations of the disease circulating and herd immunity months away,  the...
Some Card Not Present Transactions Require You to Register with Visa® and MasterCard®

Some Card Not Present Transactions Require You to Register with Visa® and MasterCard®

by Premium Tobacco Payment Processing | Feb 21, 2021 | High-Risk Merchants, Merchant Processing Fees, Tips & Insights

If you are processing card-not-present (CNP) payments for tobacco products, you need to be aware that you must register with Visa® and MasterCard®. If this sounds bizarre, you may be at risk of your merchant account being terminated. Worse yet, you could be fined in...
What are Fraudulent Chargebacks?

What are Fraudulent Chargebacks?

by Premium Tobacco Payment Processing | Feb 14, 2021 | High-Risk Merchants, Merchant Processing Fees, Tips & Insights

Chargebacks are not fun. Fraudulent Chargebacks are simply Infuriating. If you’re in the retail or e-commerce business, you’ve likely had the unpleasant experience of a chargeback. A chargeback is when a customer has a complaint but usually can’t get...
Five Rules to Consider When Switching Merchant Processors.

Five Rules to Consider When Switching Merchant Processors.

by Premium Tobacco Payment Processing | Feb 7, 2021 | Merchant Processing Fees, Payment Processing Solutions, Tips & Insights

Whether you’re selling strictly online or have an online store as part of the website for your brick-and-mortar business, you are most likely using what is referred to as a “high risk” merchant processor. If you have decided it’s time to say...

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