Federal and state regulations require age verification for vape and e-cigarette sales, and payment processors have historically used these compliance obligations as an additional reason to avoid the category. A processor that underwrites vape transactions assumes indirect exposure to the merchant's age-verification compliance. If the merchant is found to have sold to a minor, the processor faces potential regulatory scrutiny and reputational risk alongside the merchant.
Crypto payment processing does not eliminate the merchant's obligation to comply with age-verification requirements. Those obligations are regulatory, not payment-infrastructure-related, and they apply regardless of how the transaction is processed. What vape crypto payment processing through 27 Blockchain does is remove the processor's role as a gatekeeper who can terminate the merchant's ability to accept payments based on the processor's own assessment of compliance risk. The merchant remains responsible for compliance. The merchant's access to payment processing is no longer contingent on a third party's willingness to bear indirect regulatory exposure.
