Save money on credit card processing for your online headshop.
Are you looking for honest and fair credit card processing for your online headshop?
We can help.
When selling pipe, glass, and smoking accessories online you’ll no doubt face challenges finding credit card processing that works and is affordable. This is because most merchant service providers aren’t equipped to handle high-risk payments. Others are simply unwilling to offer you their services.
Tower Payments has good news: You’ll not only be able to process credit card payments safely and reliably, but also affordably.
At Tower, we specialize in high-risk processing for a range of business types with a focus on internet smoke shops.
We’ve found that most business owners who use our merchant services save money when using our processing. Read more about our fast, affordable payment solutions for your headshop website below or contact us today for a free savings analysis.
If you have an established online headshop store and you’re looking for a way to get the most bang for your buck, we can help. We’ll help you keep more of your money from each sale by cutting down on your merchant account fees.
Alternatively, if you’re running a start-up and looking to find the best possible quote for your new venture, then contact us now to get started. We’ll happily offer our time for a no-obligation talk about how your high-risk business can save money on credit card processing.
Take advantage of our free rate review and see how much you can save by working with Tower Payments. There’s no obligation, no sales pitch, and no cost to you for a quick and painless quote.
Why do headshops usually pay too much to take cards online?
Higher processing fees comes from the fact that selling pipes, glass, and smoking accessories is considered “high-risk”.
The high-risk classification is made by credit card processors and financial institutions based on several reasons. For online headshops, the most common causes are age restrictions and the regulatory restrictions that apply to these product types.
Being high-risk results in fewer merchant service providers being able or willing to offer you their services. Additionally, processors take the additional risks into account, and as a result the processing fees for high-risk businesses are generally higher than for your standard business types.
This does not mean you have to settle for whatever processing works. You do not have to pay more than you have to on processing fees and transaction costs.
How we can help you avoid excessive processing fees
The best way for us to help serve online headshop business owners is by providing the best possible processing we can. Our clients more often than not save money on credit card processing.
With honest, affordable services and up-front terms – you never have to settle for unnecessarily high fees for your high-risk product sales.
To best demonstrate how we can help you keep more of your hard earned money, we’ll outline a practical example below.
How much do some online headshops overpay for credit card processing?
Let’s say that an online headshop owner pays 2% more than necessary on processing fees, while also paying 25 cents more than necessary per transaction.
While it might not sound too bad on the face of it, these cents and percentages can quickly add up to thousands of dollars a month, or tens of thousands a year.
Continuing our example, the smoke shop website has decent traffic and a good customer base. If they process $50,000.00 a month and pay 2% more on processing than they need to, that means they’re paying $1,000.00 a month unnecessarily!
Because our example store sells smoking accessories, glassware, and bongs, the average sale amount is quite low. Let’s say the product price is approximately $50 on average. This means that $50,000, divided by $50, results in 1000 transactions.
What happens if they also pay $0.25 more than they have to on each transaction? Then they actually pay $250.00 more in transaction fees on top of the $1,000.00 processing fee. In other words, they pay $1,250.00 more than necessary, every single month. If that’s the case, we see that this unfortunate, hypothetical, high-risk online headshop company pays a staggering $15,000.00 a year completely unnecessarily.
Just imagine what a difference these kinds of funds can make for any business.
Extra ad spending, web development, or general scaling activities, and all our hypothetical business owner needs is to get a better merchant service solution.
What this example proves is that you should never simply settle for whatever works – especially if you find that you can save money on your processing through a different provider. In short, you deserve fair, affordable processing that empowers you to grow your business.
Secondary merchant accounts: dip a toe in the water
If you prefer to test a different processing solution before switching completely, don’t worry. We offer a solution that allows you to see for yourself how robust and reliable our processing is, and how much you’ll be able to save – without going all in.
Adding a second high-risk merchant account to process a sample of your products is usually quite simple. This way, you’ll easily be able to see the impact we can have on your bottom line.
If you have any questions about this type of solution you can contact us anytime here.
Save on transaction and processing fees for your online headshop today
At Tower Payments, we always ensure you’ll be getting credit card processing that’s easy to use, honest, and affordable. We also pride ourselves on providing up-front, clear terms – giving you the transparency and simplicity you want from an integral part of your business.
You can read more about Tower Payments on our about us page.
We don’t want to simply be “just another processor.” We want to be there for you and provide you with the help and support you need whenever you need it.
Contact us and get a real person to help your smoke shop, whenever you need us.
We look forward to helping you save money on processing while you sell your pipes, glassware, and smoking accessories online. Get a free quote from us today!