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New Nicotine Regulations May Affect Payment Providers

The U.S. Food and Drug Administration (FDA) hints that it may increase its nicotine regulations after electronic cigarette enterprise, Juul Labs, Inc. hooked a generation on vaping. Last month, the FDA ordered all currently marketed Juul products to be removed from the U.S. market. The agency determined there is not enough evidence to “assess the… read more

Post Date: July 25, 2022 Post Categories: FDA, Merchant Monitoring, Merchant Risk

Nutraceutical Marketing and Regulatory Risk

When onboarding a nutraceutical merchant, how do you know which claims are compliant versus which claims cross the line? Obviously, a dietary supplement cannot be marketed with claims to miraculously cure COVID-19, but can it be marketed to relieve joint pain? Or reduce inflammation? What if the merchant’s website is claim-free, but its social media includes claims to help treat hypertension? Can a merchant… read more

Post Date: May 18, 2020July 7, 2020 Post Categories: Blog, False Claims, FDA, Merchant Risk, Misleading Marketing Claims, Nutraceuticals, Problematic Health Claims

Merchants Who Market CBD with Health Claims Face Regulatory Scrutiny

The FDA appears to be taking a three-pronged approach towards regulating CBD merchants. The agency is: (1) investigating the safety and effectiveness of CBD; (2) examining potential regulatory pathways for the lawful marketing of CBD products; and (3) actively cracking down on CBD products that are marketed with impermissible claims to treat health conditions. … read more

Post Date: July 26, 2019February 14, 2020 Post Categories: CBD Laws, CBD Merchant Risk, FDA Warning Letters, Problematic Health Claims

FDA’s Public Hearing on CBD

The US CBD market (which is projected to hit $16 billion by 2025) currently operates without significant federal oversight. Indeed, some describe the industry as the “wild west”—a regulatory-free zone that puts consumer safety at risk. On Friday, the FDA grasped the regulatory reins: the agency held a nearly 10-hour public hearing on cannabis-derived products…. read more

Post Date: June 3, 2019February 21, 2020 Post Categories: CBD International Laws, CBD Laws, CBD Merchant Risk, FDA, FDA Warning Letters

Keep an Eye on Illegal Contact Lens Merchants… They Could Pose a Risk

Did you know that all contact lenses – even decorative non-corrective contact lenses – are considered prescription-only medical devices in the US? That’s right! If a merchant is shipping contact lenses (even crazy vampire-eye lenses!) to the United States without properly requiring a prescription, then that merchant is violating US law and at risk of breaking card… read more

Post Date: April 4, 2019April 22, 2021 Post Categories: Merchant Boarding, Merchant Fraud

The War on Child-Marketed Nicotine Products Continues

In a recent press release, the FDA ordered the top five e-cigarette manufacturers to reverse the recent trends of child-marketed nicotine…

Post Date: September 18, 2018June 11, 2021 Post Categories: Blog, FDA, High-risk Merchants, Merchant Risk, Misleading Business Models

E-Liquids: FDA Cracks Down on Child-Targeted Nicotine Products

False or misleading marketing campaigns continue to plague consumers online. Earlier this month, the FDA and Federal Trade Commission (FTC) delivered a warning to…

Post Date: May 22, 2018June 11, 2021 Post Categories: Deceptive Marketing, False Claims

5 Products That Can Indicate Potential Violations

As an acquirer, knowing what your merchants are selling is key to minimizing your risk for potential violations, especially since merchants can add products to their websites at any given moment, without your knowledge. New products are constantly put on the market, and unfortunately, illegal and risky products are often hard to detect and monitor. Without being aware of these products, you run the risk of brand damage and potential violations, including regulatory fines and even legal penalties. While the list of goods and services that violate MasterCard’s BRAM program and Visa’s Global Brand Protection program (not to mention the law) is exhaustive, G2 Web Services has compiled a list of five lesser-known products that we have identified on merchant websites that you should be on the lookout for.

Post Date: October 4, 2013June 11, 2021 Post Categories: Blog, High-risk Merchants, Illegal Drugs, Illicit Goods, Know Your Customer, Prohibited Content

Top 5 Merchant Monitoring Tips

We all know how difficult it can be as an acquirer to monitor all of your merchants’ websites effectively. It is a costly and time-consuming process to do in-house, and regulations are constantly changing. However, choosing to not monitor your merchants can open you up to brand damage, legal liability, and card network assessments.

Here are the “Top 5 Tips to Monitor Your Merchants” from G2 Web Services, a leading provider of payment risk management solutions and expert at merchant compliance monitoring, to help you stay better protected.

Post Date: August 6, 2013May 15, 2020 Post Categories: Blog, High-risk Merchants, Know Your Customer, Merchant Risk

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