On the phone to PayPal - misinformation it seems

[madpiano]

What is actually their reason for excluding them? Is it due to the large amount of scam-get-free-ecigs thing?

Sent from my Galaxy Nexus using Planet of the Vapes mobile app

 

[VaperCaper]

Good to hear you are making progress on getting paypal sorted out.

As to why some sites prohibit e-cigs. Who knows, ask them.

It's probably down the fact that cigarette/tobacco advertising is banned in many places, and that it could be argued by a sufficiently motivated lawyer that offering for sale or processing the payments for the sale of such products is implicitly advertising them, and they'd get sued, a lot.

Or it has something to do with them being US based companies which need to be seen to 'follow Christian principles' or something like that in order to be successful, someone might argue that company a is 'immoral' for facilitating the sale of nicotine "death sticks" and they'd lose market share and make less money because of that.

Either way it's bullshit, and given the size of the market and the speed of growth and likely final size of the market in 20 years time there are going to be good quality payment gateways available in the longer term for sure.

 

[Colonelboom]

The beers will be on you this weekend then Imagine how much money they must have in reserves, perhaps it's company policy to try to impose the 30 day thing as a lot of people would just take it on the chin

God I wish - beers on me I mean I think I will need another 12 - 18 months before I can even take a proper wage as I keep putting it back into stock.

I think you might be right on the reserve, PayPal are not regulated like most other financial services and therefore don't conform to UK regs, by imposing their own terms and as a result the reserves they can accrue a fair chunk of change in interest IMO.

 

[Colonelboom]

What is actually their reason for excluding them? Is it due to the large amount of scam-get-free-ecigs thing?

Sent from my Galaxy Nexus using Planet of the Vapes mobile app

Personally I just think that the movements of the big money contributors to governmental policies is playing a large role, these industries have trillions stockpiled and enough clout to change policies at the highest levels, all this will filter down through financial institutions too in an attempt to stem the flow of cash toward the industries they want to hamper - maybe a conspiracy theory but it isn't like pharma and tobacco groups have a squeaky clean history of this.

 

[gords1001]

As I said, maybe tin foil hat territory, but not necessarily wrong either, it wouldn't suprise me if, unable to exert pressure on the industry through legislation, opponents with enough clout seek other ways to hamper the onslaught.

Look at who we consider the major player's in ecig land, largely small cottage industries across the globe, from mods to attys to juice, we have become very attached to our little one man bands, the only large scale suppliers are China based. Most of the ego type units are China produced.

That all might be upsetting quite a few people here and there....

 

[leisureliquids]

In case you were considering a vape friendly card processor, I can certainly recommend Payment Sense. This is the card processor we use in the shop after being refused by most high street banks. It turned out, they were cheaper anyway. They charge per transaction based on turnover. They run a very efficient service and are very vape/ecig friendly. They were recommended to me by another vape shop. While I do not use them on the website (still got paypal so don't need to) they have website compatibility as well as stand alone terminals.

 

[MrTeaTime]

As I said, maybe tin foil hat territory, but not necessarily wrong either, it wouldn't suprise me if, unable to exert pressure on the industry through legislation, opponents with enough clout seek other ways to hamper the onslaught.

Look at who we consider the major player's in ecig land, largely small cottage industries across the globe, from mods to attys to juice, we have become very attached to our little one man bands, the only large scale suppliers are China based. Most of the ego type units are China produced.

That all might be upsetting quite a few people here and there....

but very very true....i like watches, dive watches in particular, and collect/modify seikos...ect....there is a whole cottage industry around "boutique divers" and they strive to put swiss movements in them, namely the ETA 2824-2 or other Variant. These used to be readily available to all....from the guy making bespoke one offs, the the guy doing a run of 100-200, and to some of the smaller watchmakers who might make 1000-5000 watches per year....the Swatch Group (who own ETA, Omega and about a dozen well know swiss brands) and who supply the ETA 2824 (and variants) to everyone from Tag to Brietling, decided to stop the availability of these movts to all but there own brands.....seeing as these movts were an industry standard, and there were no other real alternative, everyone was up in arms.......

is was deemed illegal, and there were loads (and still ongoing) court cases going through the european courts....Swatch CA just stuck there fingers up and said bollocks.....

The fact that TSG bought ETA a few years ago (it wasnt a concern started by them) they have strangled the whole swiss watch between themselves and rolex, and now charge an extortionate amount of money for there movts, with a ridiculous minimum orders for a small concern....

Now, the chinese movt makers (as well as the japanese) have really upped there game and produce some of the finest movts out there....

 

[gords1001]

But if we cant pay for them.....

At the moment, I can paypal a pinoy mod maker, and have a limited run mod or atty.

If they can no longer use PayPal, how do they collect funds? How do we pay them to do what their good at? No one has the financial clout, because by nature they are all little firms. Look at eden mods and foggys foggattu for example, home grown little industry's, jb steam works, the various american modders, golden greek, atmizoo, mister, schmovesto (sp?)

Or juices, mrs lords, alchemists cupboard et al.

Its a massive group of worldwide little businesses, all taking a small portion of an exponentially growing pie.

As I say, there's more than a few that are probably gettinh a bit upset that they are not welcome at the table, the industry is largely internet based.

We've already had clamp downs on delivery of both cells and juice, now its a clamp down on our trusted method of paying for our shiny bits.

As I say, maybe tun foil hat territory, but not necessarily wrong either.

 

[leisureliquids]

As I said last year, the writing is on the wall for UK Vendors by Paypal, make no mistake. If they did not hesitate in pulling the plug on US Vendors, which has a market multiple times the size of ours, and therefore millions of pounds in lost revenue for Paypal, they will not hesitate in pulling the plug on the UK.

Paypal will not even entertain some of the US Suppliers just supplying flavourings for eliquid as "ecigarettes" (including concentrates) now come under the anti tobacco policy in the US

 

[Colonelboom]

In case you were considering a vape friendly card processor, I can certainly recommend Payment Sense. This is the card processor we use in the shop after being refused by most high street banks. It turned out, they were cheaper anyway. They charge per transaction based on turnover. They run a very efficient service and are very vape/ecig friendly. They were recommended to me by another vape shop. While I do not use them on the website (still got paypal so don't need to) they have website compatibility as well as stand alone terminals.

Terry, that is excellent stuff. I just looked on the Payment Sense website, their rates are great and they already supply a payment plugin for my cart software so i am off to speak to them about ecig related businesses and make sure they havent got a swift ban on the way too.

cheers, that might actually be a good option for many of us.