It is becoming harder and harder for merchants to manage their compliance. Every day merchants have merchant accounts closed, funds held, fines levied and are added to MATCH. The card brands have task forces scrolling through the internet looking for these issues; so face it, unless you want to hire additional staff who specialize in federal and state specific compliance you need to call MIDsource. MIDsource is excited to join forces with Waave Compliance. WAAVE offers an unparalleled compliance solution tailored for merchants of high-risk wellness products, including kratom, CBD, hemp, vapes, and nutraceuticals. By navigating the intricacies of regulatory requirements across Federal, State, and City levels, WAAVE ensures businesses operate within the law, safeguarding your good status with your payment processor and acquiring banks.
Compliance
Compliance
Streamlining Compliance for Wellness Merchants
Compliance Features:
- Inventory Management: Automatically categorizes products, ensuring each complies with the specific rules of its industry. This keeps transactions compliant and straightforward.
- Compliant Shipping: Sets up specific shipping rules for each type of product and delivery, complying with legal requirements to prevent breaking the law.
- Continuous Compliance Updates: WAAVE stays up-to-date with the latest laws and regulations for each product vertical and automatically adjusts the compliance stack accordingly.
- COA Verification: Ensures Certificates of Analysis are accurate and updated before payment processing is allowed. This guarantees all products comply with essential safety and regulatory standards for legitimate transactions.
- COA Renewal and Management: Never find yourself in trouble for selling items with expired Certificates of Analysis. Our system will alert you when COAs are expiring and allow you to request new certificates at a discounted price from the best DEA-approved labs in the country
- Dashboard Access: A user-friendly dashboard is available for businesses to keep an eye on their products and payment activity, making it simpler to stay on top of compliance.
- Built-in ID validation: AI-driven tech ensures you check the ID for those products that require so by law at shipping destination. Seamless and non-intrusive, we validate once and verify each time as the law mandates.
- Disclaimers and Claims monitoring: WaaveCompliance will ensure the legal wording on your site is up to date, when the law changes the information is automatically updated, and you do not need to spend hours researching regulations changes at State or City level.
- Integrates to most e-commerce platforms
