Prohibited Merchants
The following Merchants / Industries are prone to high levels of financial risk/liability. The first list contains Prohibited Merchants. The second list contains High Risk Merchants.
Prohibited Merchants / Industries
We do not provide Merchant Accounts for the following types of Merchants:
- Business Practices Promoting Racism, Violence, Abuse, Discrimination or Other Immoral Activity
- Illegal products/activities of any kind
- Intellectual Property Rights Violators
- Airlines
- Credit Repair Services
- Drug Paraphernalia
- Gambling Establishments
- Lottery Sales
- Massage Parlors (unless licensed for physical therapy)
- Age Verification Services
- Adult Videotext Merchants (pornography)
- Negative Option Billing
- Outbound Telemarketing
- Internet Pharmaceutical Sales
- Cable box de-scramblers
- Internet/Mail-Order designer/imitation Handbags
- Internet/Mail-Order Watches
- Annual Billing with High Average Tickets
- Matrix Merchants
- Internet as "Seen on TV" Products
- Knock off Athletic Shoes
- Medical Advice
- Human Growth Hormones
High Risk Merchants / Industries
The following Merchant types are historically prone to higher levels of chargeback and fraudulent activity. These Merchants may represent high levels of financial risk / liability. These Merchants will be subject to escalated UNDERWRITING procedures, which may include a High-Risk Plan (SEE BELOW).
- Answering Services
- Non-profit organizations, donations and charity events
- Diet Centers
- Health Clubs
- Investment Opportunities
- Liquidators
- Collection Agencies
- Escort or Dating Services
- Multi-level Marketing
- Time Share Sales
- Bankruptcy Lawyers/Firms
- Travel Agencies
- Long Distance ServicesPre-paid legal advice/services
- Male or Female Sexual Enhancement Supplements or Products
- Pre-Paid Phone Cards
- Internet Perfume Stores
- Downloadable Software
- Sunglasses
- Motivational and Self-improvement Courses
- Non-Retail Pawn Shops
- Seminars
- Tanning Salons
- Vitamin/Herbal Supplement Sales
- Water Purification
- Non-Retail Jewelry
- Electronics including Laptops and Computers
- Cellular Phones and Pagers
- Non-Retail Computer Hardware and/or Software sales
- Legal Advice and Kits
- Auto Accessories/Tire Rims
Additional UNDERWRITING requirements for High Risk Merchant Types may include:
- The latest business/financial statements
- Detailed description of how Merchant conducts business relative to fulfillment, delivery, deposits
- Copy of Drivers Licens
- Copies of printed sales material, print ads and electronic media
- Personal Guarantee of signatory with greater than or equal to 50% ownership in company
- Co-signer with Personal Guarantee
- Copy of Business License
- Additional Business Trade References
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