News — MasterCard Regulations
Master Card Begins to Turn its Back on Vapers
MasterCard MasterCard Regulations Payments Shipping Vape Regulations
In a shocking article published this morning on Vaping360.com, we learned that MasterCard has joined in the nightmare of regulations that is becoming the norm in our industry. As of January 15, 2017, without warning, MasterCard will begin enforcing harsh regulations on payments for ENDS products. Due to the Deeming Regulations passed by the FDA on August 8th, 2016, MasterCard's Business Risk Assessment and Mitigation compliance program has deemed tobacco products sold online or by phone a high risk category. Therefore, transactions made with MasterCard will soon become a huge pain for vendors and consumers alike. One solution for customers could be...