VapeTM Machine

Image Source: VapeTM

With increasing regulatory scrutiny on cashless payment methods for cigarette and e-cigarette vending machines, industry stakeholders are urged to prioritize robust Know Your Customer (KYC) practices to maintain compliance. Vending operators now face mounting pressure to ensure safe and legal transactions, while mitigating the risks of hefty fines, legal actions, and reputation damage. In response to these challenges, VapeTM has created a solution – released earlier this month – that not only verifies age, but also authenticates via documentation and biometric facial recognition.

Digital KYC processes currently lead the way in verifying the age and identity of buyers, using state-of-the-art ID scanning and facial recognition technology. These solutions ensure rapid and accurate verification, typically within 15 seconds. In contrast, traditional methods are proving less reliable, particularly in identifying fake or expired IDs, exposing businesses to increased regulatory risks.

VapeTM has partnered with legal experts and AptPay to offer a seamless, high-performing KYC solution tailored for vending machine operators.

VapeTM’s Comprehensive KYC Solution for Age Verification

Through this partnership, VapeTM delivers a robust digital KYC compliance service that guarantees instant and precise age verification. By leveraging a global network of data sources, VapeTM verifies customer identities through the scanning and authentication of IDs, driver’s licenses, and passports. Additionally, the system employs biometric facial recognition technology to ensure that the individual matches the presented ID, thus preventing fraudulent transactions. With support for IDs from over 190 countries and adherence to the highest data security standards, VapeTM significantly reduces regulatory risk for vending operators.

Flexible Age-Verification Solutions to Meet Operator Needs

VapeTM’s age verification offerings are designed to meet the diverse needs of vending operators, providing three flexible options:

  • ID Scanner: A reliable and affordable solution priced at $350 with no per-transaction fees.
  • Microblink QR Code: Customers scan a QR code and submit a photo of their ID and face for quick verification.
  • Apt-Verify API: The most robust option at $1.00 per transaction, featuring government-certified ID checks and advanced biometric facial recognition to detect counterfeit and expired licenses.

Ensuring Legal Compliance and Customer Convenience

VapeTM’s technology enables e-cigarette vending machines to operate within federal and state legal frameworks, providing operators with a secure and compliant solution that enhances both regulatory compliance and customer convenience. The system’s ability to verify identities within seconds not only minimizes human error but also improves the detection of fake IDs, optimizing compliance and enhancing the customer experience.

For more information on VapeTM’s compliance solutions, visit Age Checker by VapeTM.com.

Media Contact:

Jordan Brown, CEO and Co-Founder
VapeTM Communications
Jordan@VapeTM.com
1-888-537-8237

Published On: December 16, 2024Categories: Vending Technology & Security News

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