Industry
PACT Act
A U.S. law governing the sale and shipment of tobacco and vape products, central to nicotine merchant compliance.
The PACT Act sets registration, reporting, and shipping requirements for tobacco, nicotine, and vape sellers. Compliance is a core part of qualifying a nicotine merchant account.
Because non-compliance carries serious penalties, acquiring banks look for PACT Act awareness and controls before banking the vape and nicotine category.