Industries not accepted by Confidia

A Client is not allowed to use Confidia to accept or process payments connected with the following businesses and business activities:

• Bitcoins, other cryptocurrencies and tokens are not allowed because their value sharply fluctuates, and so they are difficult to regulate.

 

We cannot accept businesses that sell illegal products or are involved in any illegal activity. This applies for:

• Drugs, medical marijuana, cannabis seeds, drug paraphernalia
• Illegal substances and products
• Human organs and weapons
• Counterfeit products and replicas
• Unauthorized copyright media and software
• Clients involved with bestiality, rape, hate, violence, or incest
• Child abuse imagery and child pornography
• Jail breaker equipment and software
• Hacking and cracking materials
• Fake credentials, fake academic papers, etc.
• In-game items
• Shell banks
• Anti-LGBTQ organizations

 

Some businesses are legal only when complying with some specific laws or rules. They either should have special licences or age and KYC verification. It can be difficult to check this online, so they are also prohibited:

• Tobacco and e-cigarettes
• Fireworks
• Medical consultation
• HCG weight loss products
• Steroids
• Cyberlockers
• Unlicensed lottery, Gaming and online Casinos
• Unlicensed IPTV
• Escort, adult entertainment, pornography

 

Some Clients are too troublesome to work with because of very high dispute and chargeback rates. Sometimes customers need to wait too long for a service/product to be delivered. In some other cases, a product/service could not be delivered at all due to unforeseen circumstances. Considerable customer dissatisfaction makes such businesses prohibited:

• Get rich schemes
• Ticket brokers
• Timeshares
• Precious metals/materials
• Delayed delivery Clients

 

Some industries are more liable to fraud than others. That is why licensed and regulated financial institutions are not allowed to accept the following companies to prevent any criminal activity and money laundering:

• 3rd party/aggregation
• Collection agencies
• Payday lenders
• Loan modification
• Penny auctions

 

Countries we are currently not able to support and or offer services of any kind to are as follows. 
 

High-Risk Jurisdictions

• Belarus
• Congo 
• Iran
• Iraq 
• Lebanon
• Yemen 
• Libya
• Myanmar 
• North Korea
• Syria 
• Somalia
• Sudan 
• Zimbabwe
• Guinea 
• Ethiopia
• Serbia
• Trinidad and Tobago
• Tunisia
• Afghanistan
• Bosnia and Herzegovina
• Guyana
• Haiti
• Mali
• Venezuela
• Central African Republic
• Burundi
• Lao PDR
• Uganda
• Cuba

 

If you are not sure whether your business falls into the Prohibited Business category, feel free to contact us. Our team of devoted risk analysts will consider every aspect of your specific company to make the right decision.