Cigarette and e-cigarette vending machines that accept cashless payments, like credit cards and Apple Pay, face increased regulatory scrutiny. Payment processors, ISOs, sponsor banks, and machine operators must prioritize thorough KYC (Know Your Customer) practices to address these heightened compliance requirements. However, meeting these standards can be challenging, leading to higher costs, longer wait times at vending machines, and potentially limiting customer reach. Additionally, traditional age verification methods may be flawed, as they might not catch fake or expired IDs, exposing operators to greater regulatory risks. As the vending industry moves further into digital smart vending solutions, it's crucial to enhance KYC processes to ensure robust age verification for purchasing nicotine, e-cigarettes, and other age-restricted products.

VapeTM has collaborated with legal experts to develop a comprehensive solution that meets all KYC needs for vending machine operators. Through a partnership with AptPay, we offer a seamless digital KYC compliance service, providing instant and accurate payee identification and verification across a global network of data sources. Our integrated system quickly and reliably confirms the age of customers at vending machines, scanning and authenticating IDs, licenses, or passports to minimize the risk of underage sales. To further ensure security, VapeTM uses biometric facial recognition to confirm that the individual presenting the ID matches the verified documents. Supporting IDs from over 190 countries, our system is compliant with AptPay's stringent data collection, verification, and storage protocols, reducing regulatory risks and streamlining compliance for vending operators.

Age Verification and Banking Compliance for E-Cigarette Vending Machines

Ensuring that e-cigarette vending machines operate within legal guidelines is essential for both business success and customer safety. At VapeTM, we prioritize compliance with state and federal regulations, making sure your vending machines are equipped with the latest in age verification and banking security systems. Here's how we help you stay compliant while maximizing convenience.

Age Verification: Legal and Technological Compliance

Selling vapor products, nicotine, or other cannabis-based or adult-only products requires age verification. Since vending machines or unattended kiosks don't have a person checking IDs, it is important that machines utilize age-verification technology that prevents minors from making illegal purchases.  VapeTM vending machines make age verification simple, reliable, and fully compliant with federal and state laws.

VapeTM has three different types of age-verification systems associated with different costs.  

1. ID Scanner - $350 ID scanner with no cost per transaction.

2. Microblink QR-code based which requires customers to scan the QR-code, in which case they are sent to a webpage that requires them to take a picture of their drviers license and face.  

3. Apt-Verify API --the most robust, government-certified Age Checker that relies on email or text messaging.  Much easier and detects counterfeit and expired licenses.  $1.00 per transaction and comes with Facial Recognition.  This advanced biometric measure matches the customer's face to the ID to prevent fraudulent transactions. 

 

Banking and Payment Compliance: Keeping Your Transactions Secure

VapeTM is a Nayax OEM/distributor and has a relationship with a payment gateway that provides merchants credit card processing for adult-only products like vapor products and nicotine.  Coupled with our age verification systems, we provide payment processing that is fully compliant with sponsor banks and credit card networks.  No "under the radar" transactions are conducted with reduced apprehension and fear of being shut down! 

 

Stay Compliant and Hassle-Free with VapeTM

Compliance and KYC doesn’t have to be complicated. With VapeTM, we ensure that every vending machine is set up to follow both legal and financial regulations with ease. From age verification to secure payments, our technology allows you to focus on growing your business while we handle the details.

Ready to learn more? Contact VapeTM today and see how our solutions can help you profit from the vape vending machine market while staying fully compliant.