Promotional Rates
.85% to 1.5% it will not exceed 1.5% with FBS . Will need to see 3 months of merchant statements. If it’s a new business the rate will be .85%
Cigarettes/Tobacco Sales/E-Cigarettes/Cigars
MCC: 5993
Acceptable
- Sale of tobacco-based products such as cigarettes, electronic cigarettes, vaping devices, and
smokers’ supplies - Tobacco or menthol-flavored products only
Requirements - An opinion letter by independent qualified legal counsel confirming the merchant’s compliance
(Continued compliance annually) with applicable state and federal laws as well as all Card Brand rules. - Domain information.
- A list of all states to which merchant ships tobacco products.
- Age verification Form
- Association Registration
>$100k monthly volume additional requirements
- Previous 2 years business tax returns or audited
financials - YTD balance sheet and P&L
- 3 months most recent processing statements