⚠️ Disclosure of High-Risk Business Activities
During onboarding, businesses are required to disclose any high-risk activities to Bridge. This helps ensure regulatory compliance and proper risk assessment.🚩 Examples of High-Risk Business Activities
The following activities are considered high-risk and must be disclosed:- Money Services (i.e., check cashing, gift cards, ATMs, remittances)
- Lending or Banking
- Operate Foreign Exchange, Virtual Currencies Brokerage, or OTC
- Hold Client Funds (i.e., escrow)
- Third-Party Payment Processing
🚫 Prohibited Business Activities
Please note the following business activities are explicitly against the Bridge Terms of Service (ToS)
- Unlawful or abusive activity
- Unfair, predatory or deceptive practices
- Fraud
- Games of chance
- Gambling
- Sweepstakes
- Lotteries
- Weapons
- Precious metals
- Jewelry
- Watches
- Luxury goods
- Unlawful prediction markets
- Intellectual property infringement
- Check cashing
- Bail bonds
- Collections agencies
- Safe Deposit Box Rentals
- Counterfeit or unauthorized goods
- Cannabis
- Cannabis related products and services
- Pharmaceuticals
- Tobacco products
- Substances designed to mimic illegal drugs
- Adult content and services
- Multi-level marketing
- Mixing
- Investment or credit services (provided by Users to third parties via Bridge)
- Digital asset exchange services (provided by Users to third parties via Bridge)
- Money services (provided by Users to third parties via Bridge)
- Money transmission services (provided by Users to third parties via Bridge)
- Any business that Bridge believes poses elevated financial risk, legal liability, or violate Payment Services Provider rules, card network rules or bank policies