Restricted types of services that banks are not good with
Restricted Items
Sexually explicit intangible services or any pornography (pictures, videos, DVDs, magazines),
Adoption services
Certification Test Exams, Degrees, or diplomas (unless accredited by a recognized authority such as the U.K. BAC, British Council, U.S. CHEA, ASPA, etc.),
Check cashing services
Collection agencies
Companion/escort services
Credit card protection services,
Credit repair services,
Debt consolidation/credit counseling/restoration, financial aid,
Donations or any structure in which the value of the transaction is significantly greater than the value of the goods or services purchased,
e-wallets, e-cash, payment processors, or any merchant aggregation type services;
services using credit card transactions as deposits or credits,
Firearms, ammunition, high-capacity magazines, taser/stun guns, air guns, and other related items, swords, butterfly knives, etc.,
Hazardous materials, combustibles, corrosive
Money making schemes’ – i.e. get-paid-for-surveys, home mailing, secret shopper services, etc
Psychic readings or fortune-telling
There are exceptions. Give me a call at 416-907-4618 EXT 100
Originally posted 2013-10-30 01:17:39.