Global Prohibited and Restricted Businesses.
GMSolutions has strict guidelines regarding the businesses, products, and services that we deem to be prohibited or restricted from using GMSolutions’s Services or it’s Global Payments Network.
- Prohibited – we will not process for these products and services
- Restricted – may be eligible but only with prior approval in writing from Compliance.
The types of businesses listed below are representative, but not exhaustive. Businesses that offer illegal products or services are never eligible to use GMSolutions.
If you are uncertain as to whether a business is Prohibited or Restricted or you have questions about how these requirements apply to your clients, please contact us.
Prohibited Products and Services – will not be allowed
1 Adult entertainment, website or contents such as:
- Sexually oriented items such as sex toys
- Adult escorts, prostitution services and massage parlours
- Child pornography
- Male or Female Sexual Enhancement Supplements or Products
- Video texting or paid subscriptions to live-streaming where it involves adult erotic content or conversations
- Gentleman’s Clubs, Strip Clubs and Topless Bars
2 Counterfeit items
3 Credit repair services
4 Drugs or drug proprietors selling illegal substances
5 Drug paraphernalia that involves equipment designed for making or using drugs
6 Espionage equipment and accessories
7 Illegal Gambling providers or transactions including games of chance
8 Human remains and body parts
9 Illegal investment schemes
10 Illegal downloads of movies, music, computer and video games
11 Illegal software – e.g. Malware, Software to break encryption of phones/computers
12 Illegal sale of financial information (e.g. bank accounts, bank cards)
13 Mail order brides services
14 Poisonous and hazardous materials
15 Products/Services promoting abuse, hatred, racism, religious persecution, terrorism, violence or contain offensive content
16 Pyramid or ponzi schemes
17 Sanction list inclusions (global)
18 Shell banks and companies
19 Signal Jammers/Blockers that interferes with cellular/communication devices
20 Stolen goods including digital and virtual goods
21 Surrogacy services
22 Tattoo Parlours
23 Tobacco / Cigar / Electronic Cigarette / Nicotine content products
24 Trade of weapons, ammunition, military arms, explosive devices and firearm parts
25 Any other category, products or services that GMSolutions decides to prohibit, in its sole discretion.
Restricted & High Risk Products and Services
1 Airlines
2 Online Travel Aggregators (OTAs)
3 Ticketing agencies
4 Auctions
5 Marketplaces, including Crowdfunding, and On-Demand Services
6 Drop shipping
7 Pawn Shops
8 Bankruptcy lawyers
9 Securities Brokers & Investments of any kind, such as:
- Securities
- Currencies
- Derivatives
- Commodities
- Shares
- Foreign currencies
- Options
- Other financial instruments
10 Gold and precious metal dealers (physical or online)
11 Synthetic or non-traditional Securities, including CFD brokers or dealers
12 Cryptocurrencies including cryptocurrency exchanges
13 Charities or Not-For-Profit Organisations
14 Online dating services
15 Fantasy sports league, e-sports gaming or tournaments
16 Games of skill where participants receives cash or cash-equivalent prizes
17 Selling of likes and followers for social media (Instagram, Youtube, Facebook etc)
18 Video game or virtual world credits
19 Private medical practice and/or online doctor consultation (e-doctor)
20 Products or services related to religious, political or social campaigning