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ECONOMY: Paypal expels many vape companies from its service!

ECONOMY: Paypal expels many vape companies from its service!

The online payment service system Paypal and vaping ... A policy change that began in 2015 and which unfortunately seems to continue today with the evictions of companies without notice. For once, this sad situation in the midst of the Covid-19 pandemic is widely denounced by several companies specializing in vaping.


PAYPAL CANCEL THE ACCOUNTS OF VAPE PROFESSIONALS WITHOUT NOTICE


It's a new move from Trafalgar that the American online payment service system Paypal is playing professional vaping from the United Kingdom but also in France. For a few days now, several companies specializing in vaping have announced that Paypal systematically and without notice deletes their accounts, which creates considerable economic difficulties.
One of them, The Druid's Brew, has just launched an alert with some misunderstanding: " We are very angry and you should be too. Rumors began to circulate last week that very large companies were having their accounts suspended. Well, it looks like PayPal is routinely deleting accounts from vaping providers without notice. Druid's Brew account was terminated without notice on Tuesday. We didn't do anything wrong, we didn't break any conditions or any laws. " page (in French).

 Please join us in condemning this atrocious and unlawful action. " 

The reason for this action by the American giant is not known but The Druid's Brew for its part gives an opinion on the matter: " At this point, it's not clear, but there are indications that Paypal is now classifying vaping as “risky” behavior. Ultimately, this fuels a false narrative that claims vaping is harmful. « 

Typical message sent during a Paypal closure procedure

Another British company, Supergood, has just experienced the same situation and denounces it on its official website while drawing a parallel with the confinement announced by Boris Johnson: " So it turns out that PayPal hates vaping. The sudden decision to prevent customers from using PayPal to buy their favorite brands from online vape shops comes surprisingly as Boris announced the lockdown. " page (in French).

 Our current financial partner has also decided to no longer finance electronic cigarette shops for an ethical issue. « 

However, concern is mounting and French companies like Nicovip ou Vapote-market also appear to be affected by these unjustified expulsions. Even more serious, some shops denounce the withdrawal of their banks for "ethical" reasons.

Indeed, on its official website, Vapote-Market denounces a bank separation that shivers down your spine: " Our current financial partner has also decided to no longer finance electronic cigarette shops for an ethical issue. Of course, I put pressure on my agency to find out why I am the victim of such denial. It's no surprise that my agency director ended up spitting it out on me: “We consider that your activity is too dangerous and can harm the reputation of our agency. We accept the sale of electronic cigarettes if the activity is linked to a physical store such as, for example, a tobacco shop. « 

To see if in the coming days new cases appear in France and abroad. If your company is the victim of an attack from Paypal or a banking institution, do not hesitate to report it to us through our contact page.


IN 2015, PAYPAL HAD ALREADY LAUNCHED HOSTILITIES AGAINST VAPE


This conflict situation with Paypal does not really date from yesterday even if it is seriously deteriorating today. In 2015, the American company updated its terms of use and changed some rules regarding vaping. Indeed, at the time, Paypal announced "  that it would require the prior authorization of Paypal by sending your details in order to be able to continue selling using this payment system. " page (in French).

In 2019, a petition for encourage PayPal to reconsider its current position, reconsider its decisions and not punish smokers who try to access safer alternatives was started by several canadian stores.

Is Paypal putting an end to the vaping industry in the world? In the meantime, the brand "The Druid's Brew" has announced that it is definitely breaking its ties. with Paypal and all its subsidiaries (eBay, iZettle). She will file a formal complaint with the UK Financial Ombudsman and invites all victims to join them in " condemn this atrocious and unlawful action " page (in French).

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About the Author

Editor-in-chief of Vapoteurs.net, the reference site for vaping news. Engaged in the world of vaping since 2014, I work every day to ensure that all vapers and smokers are informed.