Verifo sees these business areas as having higher risks:
- Cashback services;
- Binary options or illegal gambling/trading;
- Chemicals and related products;
- Debt collection;
- Drugs, any substance mimicking illegal drugs and any product intended to be used to create drugs (seeds, etc...);
- Escort, Adult, and Dating with sexual intention;
- Foreign Exchange businesses;
- Individuals, entities, or countries subject to international sanctions;
- Multi-level marketing, pyramid schemes, get-rich-quick schemes;
- Nonprofit organizations and charities from countries outside of the European Economic Area and/or European Union;
- Pornography / Prostitution;
- Running an auction house;
- Selling second-hand cars;
- Shell Banks;
- Trading in prime-bank guarantees, debentures, and letters of credit or medium-term notes;
- Unregistered charities are not supported by any region;
- Unregulated Money Service Businesses (MSB);
- Unregulated casinos or Forex;
- Unregulated lending businesses;
- Unregulated remittance businesses;
- Video-game arcades;
- Weaponry, military and semi-military goods, and services;
- Weapons (including weapons of historic significance), military software, or any other goods or services intended for military use;
- Trading in precious metals, stones, or art;
- Ponzi, Pension / illegal schemes;
- Selling or trading protected animals;
- Tarot and fortune telling;
- Unregulated Trade of restricted and/or endangered animal species and products derived from them;
If you are not sure about your activity or whether you have any concerns about our ability to approve it, please contact support@verifo.com before beginning our online application