MasterCard Incorporated appears set to take action against vape retailers in 2017. Some of it was expected, as per the recent FDA regulations. Some of it is arguably excessive. The ones set to be hit the hardest are online vape retailers.
I recently obtained an email sent from credit card processor US Merchant Systems that was sent to a vaping retailer friend of mine. He has a brick-and-mortar store, as well as an online business. The email was a warning that his business must be in compliance with MasterCard’s Business Risk Assessment and Mitigation (BRAM) program. Here are the BRAM requirements from the email that pertain to brick-and-mortar vape shops.
Continue reading “Vaping Diaries #374: MasterCard vs. Vape Retailers”
