PROHIBITED AND RESTRICTED LINES OF BUSINESSES

Telr is committed to maintaining the integrity of its platform by strictly prohibiting certain lines of business that pose legal or reputational risks. We take this matter seriously to ensure the security and trust of our clients and their customers. Upholding these standards is crucial to safeguarding the interests of all stakeholders and maintaining a secure and reliable payment ecosystem.

 

Prohibited Lines of Business: 

  1. Illegal Products and Services
    We take the issue of illegal products and services very seriously. Our commitment to compliance and Sand we ensure thorough vetting processes for our clients to uphold regulatory standards and maintain trust in our platform. Upholding the law and safeguarding the integrity of our services are paramount to us. These products and services include without limitation:
  • Illegal drugs, substances designed to mimic illegal drugs, and equipment designed for making or using drugs, liquor sales, offensive goods, crime which includes crime scene photos.
  • Fake references or ID-providing services.
  • Telecommunication services which include without limitation (Top-up cards; Prepaids/Postpaid plans; etc). However, it is to be noted that main telecommunication players such as E&, Du and Virgin shall not be included within this scope. ​
  • Communication long distance call VOIP (call center; MoTo transaction/call automated).
  • Telecommunications manipulation equipment including jamming devices.
  • Any business or organization that (a) engages in, encourages, promotes or celebrates unlawful violence or physical harm to persons or property, or (b) engages in, encourages, promotes or celebrates unlawful violence toward any group based on race, religion, disability, gender, sexual orientation, national origin, or any other immutable characteristic.
  • Any other products or services that are in violation of law in the jurisdictions where your business is located or targeted to. 
  1. Products and services that infringe intellectual property rights
    Intellectual property rights are paramount in the digital landscape. Infringing on these rights can lead to legal repercussions, tarnished reputation, and financial losses. At Telr, we emphasize the significance of respecting intellectual property to maintain trust and integrity in business. Properly navigating and protecting intellectual property ensures a competitive edge and fosters innovation while safeguarding against potential litigation and reputational damage.
  • Sales or distribution of music, movies, modifications chips, hacking and cracking materials, copyright unlocking devices which includes chips or devices to circumvent copyright protection, copyrighted media / software which includes unauthorized copies of books, music, cable TV descramblers and boxes which includes devices to obtain satellite signals for free, movies, video games and other licensed or protected materials and software, subscription piracy or any other licensed materials WITHOUT APPROPRIATE AUTHORIZATION.
  • Counterfeit goods; first copy; illegally imported or exported products.
  • UNAUTHORIZED sale of brand name or designer products or services.  
  1. Products and services that are unfair, predatory, or deceptive
    As a payment gateway, Telr prioritizes ethical conduct and integrity. It is imperative not to support unfair, predatory, or deceptive products and services. Upholding these standards safeguards consumer trust, promotes a fair marketplace, and mitigates legal risks. Telr is committed to partnering with clients who share our values of transparency, honesty, and responsible business practices to ensure mutual success and sustainability. The aforementioned lines of business include without limitation:
  • Pyramid schemes.
  • Get rich quick’ schemes including: investment opportunities or other services that promise high rewards to mislead consumers; schemes that claim to offer high rewards for very little effort or up front work; sites that promise fast and easy money; businesses that make outrageous claims, use deceptive testimonials, use high-pressure upselling, and/or use fake testimonials; (with or without a written contract) offering unrealistic incentives/rewards as an inducement to purchase products or services but do not respond to any queries after the purchase.
  • No value-added services including sale or resale of a service without added benefit to the buyer and resale of government offerings without authorization or added value.
  • Sales of online traffic or engagement.
  • Negative response marketing and telemarketing.
  • PREDATORY mortgage consulting, lending, credit repair and counseling services.
  • PREDATORY investment opportunities with no or low money down.
  • Remote technical support; mugshot publication or pay-to-remove sites; essay mills; chain letters; door-to-door sales.
  • Matrix sites or websites using a Matrix scheme Approach.
  • Any other businesses that Telr considers unfair, deceptive, or predatory towards consumers.
  • Activity not matching Merchant’s trade license e. Merchant selling shoes with a Bakery Trade License activity.  
  1. Adult content and services
    Telr strictly prohibits the support of adult content and services on its platform. Clients must adhere to this policy, ensuring that their businesses align with our values of integrity and responsible commerce. Any violation of this policy will result in immediate termination of services. We prioritize creating a safe and trustworthy environment for all our users and stakeholders.
  • Pornography and other mature audience content (including literature, imagery, defamation, violence, intolerance and other media) depicting nudity or explicit sexual acts.
  • Adult services including prostitution, escorts, pay-per view, sexual massages, and adult live chat features.
  • Adult video stores.
  • Gentleman’s clubs, topless bars, and strip clubs.
  1. Certain legal services
    We ensure compliance with legal regulations and ethical standards, prioritizing the integrity and legality of transactions. This ensures compliance with regulatory requirements and upholds ethical standards within the legal profession. We prioritize transparency and integrity in all financial transactions facilitated through our payment gateway to maintain trust and legality for both clients and their customers – as such, these services include without limitation:
  • Law firms collecting funds for purposes other than legal service fee payment, otherwise it’s authorized.
  • Bankruptcy attorneys.
  • Bail bonds.
  1. Firearms, explosives and dangerous materials
    At Telr, we do not support transactions involving firearms, explosives, or dangerous materials. We align and uphold legal regulations and ethical standards, ensuring the security of our platform and the well-being of our users. We are committed to fostering a secure environment for online transactions while upholding responsible business practices. These lines of business included without limitation:
  • Guns, gunpowder, ammunitions, weapons, ammunitions and related materials, knives, brass knuckles, fireworks, and other explosives.
  • Peptides, research chemicals, and other toxic, flammable and radioactive materials.
  1. Gambling – Subject to the new UAE Regulation
    Telr supports responsible business practices and compliance with applicable laws and regulations. With regards to gambling, it shall be subject to the new United Arab Emirates regulations. We prioritize legal compliance and responsible conduct in all our partnerships, ensuring the integrity and trustworthiness of our services. The prohibited lines of business in this category include without limitation:
  • Games of chance include gambling, internet gambling, sweepstakes and contests, fantasy sports leagues with for a monetary or material prize.
  • Sports forecasting or odds making with a monetary or material prize.
  • Bidding fee auctions. 
  1. Marijuana
    Telr prioritizes legal compliance and ethical business practices. We do not support transactions for marijuana-related businesses. Upholding these standards ensures the integrity of our platform and protects our clients from potential legal risks associated with engaging in such activities as follows:
  • Cannabis products.
  • Cannabis dispensaries and related businesses.
  • Products containing any amount of CBD/THC.
  1. Services provided Online
    Telr, as a payment gateway, prioritizes responsible business practices. We refrain from supporting dating services and video tape rental services-related businesses to uphold ethical standards and mitigate potential risks associated with these industries. Our commitment ensures the integrity and reliability of the services we provide to our clients.
  • Dating services.
  • Video tape rental stores.
  1. Business models that may be particularly prone to abuse by ‘bad actors’
    Telr recognizes the significance of safeguarding its platform against misuse by “bad actors.” By not supporting business models vulnerable to abuse, we uphold integrity, protect users from fraudulent activities, and maintain trust in the payment ecosystem. This commitment ensures a secure and reliable experience for all our clients and their customers – as such, the lines of business are without limitation:

      I. Multi-level marketing

  • Businesses where sellers get their revenue both from selling items and from signing up new sellers,
  • Network marketing and referral marketing programs, and
  • Shipping and forwarding brokers.

      II. Shipping

  • Shipping brokers,
  • Forwarding brokers, and
  • Drop shipping. 

      III. Others

  • Charity sweepstakes and raffles for the explicit purpose of fundraising.

 

Restricted Lines of Business 

Restricting lines of business is crucial to ensure regulatory compliance and mitigate risks for our clients. Certain activities necessitate compliance approval to uphold legal standards and safeguard against potential risks and/or liabilities. We prioritize transparency and diligence in guiding clients through these processes to foster trust and operational integrity.

  1. Financial Products and Services
    Merchants offering financing products and services, such as mentioned below fall under compliance scrutiny. They must undergo the Compliance approval processes to ensure adherence to regulatory standards, safeguarding against financial risks.
  • Investment and brokerage services,
  • Lending services,
  • Buy Now Pay Later services,
  • Crowdfunding,
  • Debt collection agencies,
  • Insurance services including medical benefit packages,
  • Money transmitters, currency exchange services and other money services businesses,
  • Neobanks / challenger banks, and
  • Other financial institutions.
  1. Government Services
    Merchants offering Government services fall under compliance scrutiny during onboarding. Lines of business falling under this scope therein require approval to ensure adherence to regulatory standards. Compliance ensures transparency, security, and legality in transactions, maintaining the integrity of the payment ecosystem.
  • Embassy, foreign consulate, or other foreign governments shall not be part of Sanctions Countries list.
  1. Other Services
    Merchants offering computer network, information services, or age-restricted goods must undergo compliance approval for onboarding with Telr. Our thorough vetting process ensures regulatory adherence and protects both merchants and consumers. Compliance approval is essential for seamless integration and conducting business within legal frameworks.
  • Computer network; information services
  • Other age restricted goods or services.

  

Restricted Lines of Business with Additional Charges

It is essential to limit the types of businesses supported to ensure adherence to regulations and reduce risks for our clients. Some activities require approval to meet legal requirements and protect against potential risks or liabilities. We emphasize transparency and thoroughness in assisting clients through these procedures to build trust and maintain operational soundness. Please note that products falling within this category will involve an extra fee as stipulated below.

  1. Tobacco Products and/or Products inclusive of Tobacco
    Merchants dealing with tobacco products fall under a specialized category requiring compliance approval due to regulatory considerations. Telr ensures seamless onboarding for such merchants, facilitating adherence to legal requirements and regulatory standards to operate ethically within the tobacco industry:
  • Tobacco products including e-cigarettes and e-liquid fall under the aforementioned category. 
  1. Pharmaceuticals, medical devices and telemedicine
    To ensure regulatory compliance, Telr restricts the onboarding of clients dealing with including without limitation pharmaceuticals, medical devices, and telemedicine. Such industries demand stringent adherence to legal and ethical standards. Merchants operating in these sectors must obtain compliance approval for onboarding as a Telr Merchant.
  • Online pharmacies,
  • Telemedicine and telehealth services,
  • Miracle cures, remedies marketed as quick health fixes,
  • Drug proprietaries and druggist sundries, and

 

Restricted Lines of Business involving High Financial Risk

It is pertinent to restrict the range of supported businesses to comply with regulations and mitigate risks for our clients. Certain activities necessitate Compliance approval to meet obligations and shield against potential risks and/or liabilities. Telr prioritizes transparency and diligence in guiding clients through these processes to foster trust and uphold operational integrity. It is noteworthy that these lines of business are restricted due to their inherent high financial risks.

  1. Future Deliverables
    We ensure regulatory adherence and mitigate risks by vetting business activities to maintain compliance standards as the following category is future time bound. This ensures a seamless onboarding process while upholding regulatory integrity and trust with stakeholders.

      I. Travel

  • Travel reservation services and clubs,
  • Airlines and cruises, and
  • Timeshare services.

    II. Events

  • Concerts,
  • Museums, and

    III. Real Estate

  • Off plan properties.

 

  1. Other Goods and/or Services
  • Gold/Silver Jewelry, Gemstones, Precious Stones,
  • Branded Watches, Clocks or Accessories.

  

  1. Non-Fiat Currency and Stored Value
    Non-fiat currency and stored value products, such as without limitation cryptocurrencies as mentioned below, pose unique risks due to their decentralized nature and regulatory uncertainties.
  • Virtual and cryptocurrencies, non-fungible tokens (NFTs), and mining services,
  • Prepaid phone cards, sim cards, and phone services,
  • Sale of stored value or credits maintained, accepted and issued by anyone other than the seller Open Loop i.e. Gift Card.
  • Sale of in-game currency or game items, unless the merchant is the operator of the virtual world.