Restricted Businesses

By registering with us, you are confirming that you will not use the Service to accept payments in connection with the following restricted businesses, business activities, or business practices, unless you have received prior written approval from PayMongo. The following categories of businesses and business practices may be eligible to use PayMongo's services subject to assessment of limitations imposed through network rules, requirements of financial services providers, or due to compliance and legal obligations.

Investment and Credit Services

Securities brokerage; mortgage consulting or debt reduction services; credit counseling or repair; real estate opportunities; lending instruments; payment facilitation

Financial and Legal Services

Financial institutions; money transmitters and money services businesses; check cashing; wire transfers; money orders; currency exchange or dealers; bills-pay services; crowdfunding; insurance; bail bonds and tax payments; collection agencies; Sale of tobacco; law firms collecting funds for any purpose other than to pay fees owed to the firm for services provided by the firm

Virtual Currency and Stored Value

Virtual currency that can be monetized, resold, or converted to physical or digital products and services or otherwise exit the virtual world; cryptocurrency mining equipment; initial coin offerings; digital wallets; sale of stored value or credits maintained, accepted and issued by anyone other than the seller

Regulated Products and Services

Lotteries and sweepstakes; charity sweepstakes and raffles for the explicit purpose of fundraising; bidding fee auctions; sports forecasting or odds making for a monetary or material prize; fantasy sports leagues with cash prizes; internet gaming.

Sale of tobacco; e-cigarettes, and e-liquid; online pharmacies; prescription-only products including card-not-present pharmaceuticals; age restricted goods and services; weapons and munitions; gunpowder and other explosives; fireworks and related goods; sexually oriented items (e.g., adult toys)

Businesses that may Pose Elevated Risk

Bankruptcy lawyers; remote technical support; psychic services, essay mills; door-to-door sales; medical benefit packages; telemedicine and telehealth services; airlines and cruises; travel reservation services and clubs; timeshares; phone services; prepaid phone services; telemarketing; forwarding brokers; subscription services and extended warranties; government grants; embassy, foreign consulate and other foreign governments; use of credit to pay for lending services; multi-level marketing, nutraceuticals

Businesses with Specific Partner Restrictions

Casinos, Shell Banks, Religious Organizations, Law Firms, Pawnshops, Digital Goods, Precious Metals