Electronic cigarettes are surging in popularity. More and more people view them as an alternative to traditional tobaccos. Well, are e-cigs really a great alternative to standard tobaccos? What about a reliable and low cost electronic cigarette merchant account? You can find answers to these questions below.
E-Cigs & Electronic Cigarette Merchant Account
Electronic cigarettes, which are battery-powered inhalers, are also called “e-cigarettes,” “e-cigs,” “electronic nicotine delivery systems or ENDS,” “vapes,” “vaporizer cigarettes,” “vape pens,” “e-hookas,” “mods,” and “tank systems.” These are developed as a means to help smokers stop or reduce smoking. A special liquid solution gets heated in these devices to create an aerosol mist that smokers inhales.
Nicotine has the power to stimulate the brain pathways responsible for pleasure and reward. When you use an e-cig, you feel a similar sensation to inhaling tobacco smoke, but there’s no smoke. The World Health Organization (WHO) reports that 7 million people die because of tobacco on a yearly basis. Currently, e-cigs designed like USB flash drives are highly widespread among youngsters.
Now, the so-called heat-not-burn (HNB) devices are among the latest additions to the variety of electronic cigarette devices. These are in between traditional tobaccos and e-cigs. HNBs heat a real tobacco instead of the special liquid, and the tobacco doesn’t get burnt. IQOS is now the leading brand in the HNB device market. It’s already being used in more than 40 countries and is projected to become more widespread.
The e-cig industry is anticipated to overtake the traditional tobacco industry in just 5 years. If you’re an e-cig business owner, find a reliable and experienced payments specialist to work with so to grow your business successfully. A respectable payment processor that specializes in the high risk space can get you a secure and cheap electronic cigarette merchant account without any difficulty.
Electronic Cigarette Industry
The popularity of e-cigs doesn’t seem to decline any time soon. Invented by Chinese pharmacist Hon Lik, they 1st appeared in the world on the Chinese market in 2004. In 2007, they appeared in the European and American markets. In 2016, 3.2% of adults in the US were already using these devices.
Today, vaping is the most widespread form of tobacco use among US teenagers. Let’s look at some more figures:
- E-cig use grew by 900% among high school students during 2011- 2015
- Vaping increased by 78% among high schoolers during 2017 – 2018
- In 2016, more than 2 million middle and high school students had used e-cigs
The US Food and Drug Administration (FDA) is now the regulatory body of e-cig production and manufacturing, including the sale and promotion of these products.
On a sides note, did you know that supervisors have recently been trying to prevent the sale and distribution of e-cigs in San Francisco? If the measures get approved, a subsequent vote will be required before becoming law.
To sum up, vaping or e-cig smoking is currently growing in its popularity worldwide. It’s now a widespread alternative to traditional tobaccos. If you’re working on growing your e-cig business, turn to a reputable processor in the high risk field.
Author Bio: Electronic payments expert Blair Thomas is the co-founder of high risk payment processing company eMerchantBroker that offers the most secure and cheapest electronic cigarette merchant account in the industry. He’s just as passionate about his business as he is with traveling and spending time with his dog Cooper.