Navigating the ENDS Market Report
New nicotine products are entering the market and gaining popularity faster than regulators can keep pace, leaving banks, ISOs, and payment service providers to sort out which merchants are actually compliant. The FDA's Premarket Tobacco Product Application process, shipping restrictions under the federal PACT Act, and growing scrutiny of unauthorized products have turned electronic nicotine delivery systems (ENDS) into one of the highest-risk merchant categories in payments today.
This report, compiled by LegitScript, examines the regulatory landscape shaping the ENDS market and what it means for the payment providers underwriting and monitoring these merchants.
Schedule a time to meet with one of our experts who will discuss our findings and give you a free copy of the report.
Get valuable insight and analysis on the ENDS market, including:
- How FDA marketing authorization works
- The PACT Act's requirements
- How the "Flavor Ban" affects merchant risk
- Synthetic nicotine product regulation
- Practical compliance strategies for merchants and payment providers
