List Of Products & Services Prohibited
The following is a prohibited list of products and services (unless explicitly approved by us for a particular service offering).
If your company engages in any of the following products &/or services, please contact us prior to engaging with us. You might be denied a solution from our service providers.
The list applies to individuals & companies alike:
- An individual without a national tax number and/or without verifiable proof of being a tax-payer
- Engaging &/or involved in illegal goods, stolen goods, counterfeit goods.
- Engaging &/or involved in illegal gambling
- Engaging &/or involved in alcohol sales and/or controlled and/or banned substances
- Engaging &/or involved in prescription medicine
- Engaging &/or involved in escort services and/or adult-rated services.
- Engaging &/or involved in debt fixing and/or debt improvement and/or debt collection services
- Engaging &/or involved in the purchase, sale, exchange, trade, gift, value transfer, discounting, auctioning, aggregating, market place environment in any manner, shape, or form involving virtual currency and/or virtual credits or a combination of these two.
- Engaging &/or involved in the purchase, sale, exchange, trade, gift, value transfer, discounting, auctioning, aggregating, market place environment in any manner, shape, or form involving cryptocurrency currency and/or cryptocurrency credits or a combination of these two.
- Engaging &/or involved in counterfeiting and/or counterfeit product and/or services
- Engaging &/or involved in Ponzi/Pyramid Scheme
- Engaging &/or involved in HYIP scheme or trades
- Engaging &/or involved in Raffle/Lottery tickets
- Engaging &/or involved in Any activity regulated by US State Financial Regulators or by Federal FINCEN guidelines and is NOT licensed.
- Engaging &/or involved in that would classify the end-user as a money service business, payment institution, check casher, remittance service, money transfer aggregator, payday loans, etc. and is NOT licensed.
- Engaged &/or involved in a company that provides invoice factoring
- Engaged &/or involved in loans, payday loans, advance loans, loans with little, no prior, or poor credit, or any type of loan activity where you do not possess a state license and/or are not listed in the NMLS, etc.
- Engaging &/or involved in provisioning or self-labeled or white-labeled automated teller machine (ATM) services
- Engaging &/or involved in establishing a Point-of-Sale network (wired, wireless, hybrid, QR code-based, NFC, card present, card not present).
- Engaging &/or involved in provisioning or mimicking a human automated teller machine (ATM) network for payouts and paying.
- Engaging &/or involved in products and/or services that represents a consumer safety risk
- Engaging &/or involved in controlled food and/or liquids
- Engaging &/or involved in any sort of activity that promotes or deals in human trafficking.
- Engaging &/or involved in the Selling, hosting, distributing, producing, or promoting offensive materials, including materials that incite or promotes racial hatred or discrimination based on gender, race, religion, national origin, physical ability, sexual orientation, or age.
- Engaging &/or involved with countries on the FATFs Grey List / Black List.
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This page was last updated on September 15, 2022.
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