This Acceptable Use Policy lists items and activities that Veem prohibits or limits because they may be illegal or inappropriate in connection with the use of our services and applies to any person or entity using our payment service and any transactions that we are asked to process. Veem retains full rights over the customers and the industry types we elect to service. We may amend this Acceptable Use Policy at any time by posting a revised version on our website.
A. Prohibited Business Types and Activities
Veem does not provide services to customers engaged in services for activities that:
- Violate any law, statute, ordinance, or regulation
- Relate to transactions that involve or support:
| Illegal activities, goods, or services | Firearms, ammunition, weapons or knives |
Tobacco products or vaping, inhalants |
| Bestiality | Bride catalogs | Load balancing |
| Rape/violence | Escort or any payment for sexual services | Phone unlocking services |
| Blockchain technology & crypto industry i.e. cryptocurrency, crypto mining, etc | Trading of items or support of organizations that promote hate, violence, or racial intolerance | Resale of social media activity |
| Internet Pharmacies, Internet Pharmacies referral sites, nutraceuticals; pharmaceutical, inhalants; synthetic drugs; drugs or drug paraphernalia; prescription drugs | Illegal downloads and copyright violating services or any other goods and services infringing intellectual property rights (trademark, patent, copyright) of a third party; |
Spyware, Malware, Jammers (including communications jammers) |
| Gambling goods and services, poker chips | Counterfeit goods | Payday loans |
| Pornography and related | Hate Groups (Racism, sexism, general intolerance) |
Pawnshops |
| Cannabis industry | Money Making and Ponzi Schemes |
Paper mills |
B. Cautionary Business Types and Activities
Veem requires enhanced review and pre-approval for certain services as detailed below:
| Real Estate | Consumer to Business | Intercompany transfer, company loans, purchase of shares |
| NFP/Charity | File Sharing/Hosting services | Gold, Diamonds, Precious minerals |
| Nutraceuticals | Payouts to Owners | Metals |
| Loans | Investments | Dating Services |
| Buyer clubs/membership clubs | Credit counseling/credit repair services | Credit protection/identity theft protection |
| Direct marketing-subscription merchants | Infomercial merchants | Outbound telemarketers |
| E-books | Alcohol | auction/bid |
| Online marketplaces | Foreign exchange | Medical/therapy services |
| Non-profits | Insurance | Lotteries |
| Movies and music, DVD Converter, Streaming services | Unlock software/services | Registry cleaners |
| PC technical support | Astrology/tarot card services | Financial recommendations |
| Rebate-based businesses | Upselling merchants | Travel, tickets, & events |
| Money Services Businesses (MSBs) |
Multi-level marketing / Affiliate Marketing businesses |
Resale of used vehicles |
Last updated: March 16, 2022