Prohibited Business Models
Not every business can use Payrexx Pay and Payrexx Pay Plus. Find out here whether your business is among the supported business models or not.
As a regulated company, Payrexx operates within the strict guidelines of financial authorities, card companies, and payment processors.
Therefore, at Payrexx Pay and Payrexx Pay Plus, we are unable to accept every business model. In particular, business models with prohibited or only limited permissible product offerings, as well as those with a high risk of default, must be rejected.
We ask you to ensure that your company does not offer any of the services listed below.
If you have questions or uncertainties, we are happy to assist you through personal contact.
By registering with Payrexx Pay and/or Payrexx Pay Plus, you confirm that you will not engage in any of the following business activities to receive payments.
The Following Services Are Considered Unsupported Business Models
1. Financial and professional services
Investment and credit services
Securities brokers; mortgage consulting or debt reduction services
Credit counseling or repair
Real estate opportunities
Credit instruments
Crowdfunding
Neobanks / Challenger banks
Money and legal services
Money transmitters, check cashing, remittances, or money orders
Currency exchange, bail bonds, collection agencies
Law firms collecting funds for purposes other than paying fees owed to the firm for services rendered (e.g., firms cannot use Payrexx Pay and Payrexx Pay Plus to hold client funds, collection or billing amounts, disputed funds, etc.)
Bankruptcy lawyers
Virtual currency or stored value
Virtual currency that can be monetized, resold, or converted into physical or digital products and services or otherwise leaves the virtual world (e.g., Bitcoin)
Sale of stored value or credits managed, accepted, and issued by someone other than the seller
2. Regulated or illegal products and services
Gambling
Lotteries, auctions, sports forecasting, or odds-making
Fantasy sports leagues with cash prizes
Online gaming
Contests, sweepstakes
Gambling activities
Regulated products and services
Marijuana dispensaries and related businesses
Online pharmacies
Products and services with varying legal status depending on the state
Age-restricted goods or services
Toxic, flammable, and radioactive materials
Firearms, ammunition, or other weaponry such as knives, explosives, gunpowder, fireworks, and related goods
Telecommunications manipulation equipment, including jammers
3. IP infringement services
Adult content and services
Pornography and other obscene materials (such as literature, images, videos, etc.) depicting nudity or explicit sexual acts
Websites offering sexually related services such as prostitution, escorts, pay-per-view, or live adult chat features
Stores for +18 videos, gentleman's clubs, topless bars, or strip clubs
Violation of intellectual property, property rights, or human rights
Sale, distribution, or access to counterfeit music, movies, software, or other licensed materials without the proper authorization from the rights holder
Products or services that directly infringe or facilitate the infringement of trademarks, patents, copyrights, trade secrets, or the property or privacy rights of others
Any business or organization that engages in, encourages, promotes, or celebrates unlawful violence or physical harm to persons or property, or that engages in, encourages, promotes, or celebrates unlawful violence against a group based on race, religion, disability, gender, sexual orientation, national origin, or other immutable characteristics
Counterfeit or unauthorized sale of goods
Unauthorized sale or resale of branded/designer products or services
Sale of goods or services that are illegally imported or exported
4. Unfair, predatory, or fraudulent practices
Get rich quick schemes
Investment opportunities or other services that promise high rewards
Publication of mugshots or paid websites
Platforms that facilitate the posting and removal of content (such as mugshots), especially if the primary purpose of posting such content is to cause or threaten reputational damage
Valueless services
Sale or resale of a service that provides no additional benefit to the buyer
Resale of government offerings without authorization or added value
Websites that we, at our discretion, deem to be unfair, misleading, or predatory towards consumers
5. Products or services otherwise prohibited by our financial partners
Tobacco or drug paraphernalia
All services intended for the sale of tobacco (cigarettes, vapes, shisha, e-liquids)
All services intended for the sale of illegal drugs
All devices intended for the production or use of drugs (bongs, vaporizers, water pipes, etc.)
Sale of CBD or THC products
Sale of (legal) substances intended to mimic illegal drugs or that have the same effects as an illegal drug (e.g., Salvia, Kratom, etc.)
Pooling
Any form of licensed or unlicensed pooling of funds owed to third parties
Factoring or other activities designed to obscure the origin of funds
Multi-Level Marketing
Pyramid schemes
Network marketing
Referral marketing programs
Negative-response marketing and telemarketing
Pseudo-Pharmaceuticals
Pharmaceuticals and other products making health-related claims not approved or reviewed by the relevant local and/or national regulatory authority
Social Media Activities
Sale of social media activities (followers, likes, Facebook favorites, YouTube views, etc.)
Sale of online traffic or engagement
Credits for video games or virtual worlds
Sale of in-game currency (unless the merchant is the operator of the virtual world)
Travel companies
Travel booking or reservation services
Travel clubs
Cruises
Airline or private jet booking
Timeshare services
6. Services or businesses with high risk
Bankruptcy lawyers
Technical computer support
Psychic services
Prepaid phone cards, telephone services, and mobile phones, telemarketing, and telecommunications equipment
Dropshipping
Freight forwarding brokers
Negative-response marketing
Services for protecting against credit card and identity theft
The use of credit to pay for credit services
Any business that, in our opinion, presents an increased financial risk or legal liability, or violates the policies of the card network or bank
7. Use in a manner not consistent with the intended use or explicitly prohibited in the Payrexx service agreement
Use of Payrexx’s intellectual property without the explicit consent of Payrexx
Use of the Payrexx name or logo, including the use of Payrexx trademarks or service marks, in a manner not consistent with Payrexx or in a way that otherwise harms Payrexx or the Payrexx brand
Any action that implies a false endorsement by Payrexx or a connection with Payrexx
Using Payrexx Pay or Payrexx Pay Plus primarily as a virtual terminal (e.g., transmitting card transactions by manually entering card data)
Circumventing chargeback monitoring programs of the card network
Sharing cardholder data with other merchants for the purpose of cross-selling products or services
Processing where no goods/services are sold or no donation is accepted
Card testing
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