Big D Vapor partners with Token of Trust to automate Excise Tax Collection
Token of Trust Inc, a software leader that helps regulated eCommerce businesses comply with the law, today announced an integration partnership with Big D Vapor, a rapidly growing and innovative online vape retailer to automate their excise tax calculation, collection, and PACT Act Reporting through their Shopify Plus based website.
Token of Trust Inc, a software leader that helps regulated eCommerce businesses comply with the law, today announced an integration partnership with Big D Vapor, a rapidly growing and innovative online vape retailer to automate their excise tax calculation, collection, and PACT Act Reporting through their Shopify Plus based website.
Tax and compliance automation software is becoming a necessity for eCommerce retailers and wholesalers selling regulated products. State-specific regulations on vape, CBD, cannabis, and hemp products have made it difficult for smaller merchants to do business online, forcing some merchants to withdraw their ability to sell into certain states.
For companies fitting this profile, investing in Token of Trust enables expansion of sales into more states. The majority of these merchants maintain a low employee count where each employee has many responsibilities across several departments. The Token of Trust® Platform for Regulated eCommerce allows these smaller teams to thrive where they might otherwise maintain a constant level of stress and worry over compliance.
From CEO Adam Winfrey at Big D Vapor, “Token of Trust was the obvious choice for us to keep up with our business that has been growing exponentially. Their cross channel capability allows us to utilize them for our subsidiary Big D CBD and outsource many components of legal compliance that mitigates increasing our staff to keep up with ongoing legislation. Token of Trust carries expertise required in our industry, they have built great products and processes that have given us an immediate return on investment, all while taking incredible ownership as a partner. Frankly, we see them as members of our team right here in Texas.”
“We’ve been thrilled to be a critical piece of the engine allowing Big D Vape to pull it all together so that they can scale efficiently and sleep at night” said Darrin Edelman, CEO of Token of Trust. “Big D Vapor proactively takes thorough measures to ensure the safety of the company, employees, and consumers. In order to do this, they take special care from product-location restrictions to age verification to end of month reporting.”
Token of Trust can be integrated with eCommerce platforms including Shopify, and WooCommerce with future plans to add support for BigCommerce, Magento, and others.
About Token of Trust: Token of Trust is the trusted compliance software for retailers and wholesalers selling regulated products online. Token of Trust has received the #1 highest customer satisfaction rating from G2 Software Reviews for identity verification 7 times running and currently maintains a 5-star rating on the two largest software review sites in the world.