I have been in touch with them for some time, what I found out was they are operating from Malta (according to what they told me) offering turn-key incorporation and merchant packages.
Before they pulled up on our forum I never hear about them but from a search on google I found the following:
It's absolutely 100% percent true. We are already processing for some of the largest suppliers in the industry. Should you need this service and don't believe it is possible, I will be more than happy to provide reference to the CFO of one of the largest manufacturers of e-cigarettes so that he can confirm the validity of this post. Otherwise, the website, is very informative and has many painless ways for you to inquire about your merchant needs. Additionally, they have services such as Check 21 and factor/P.O. financing for large volume accounts.
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: PAINLESSPROCESSING.COM
Created on: 24-Mar-10
Expires on: 24-Mar-12
Last Updated on: 07-Oct-10
I am not familiar with them at all, sorry. I would suggest you get an agent that is well experienced in the high risk field. And never work with someone that wants you to pay them upfront for a processing account!
I hope that helps
payment processing made simple -since 1998
*US, Canadian, EU and Offshore Merchant Accounts
*High-Risk OR mainstream email me anytime or skype: victoria.kozub