Restricted & Prohibited Business Areas

Triple-A is dedicated to promoting a safe and responsible financial ecosystem and is committed to upholding the highest standards of ethical conduct and complying with all applicable laws and regulations. To that end, this policy has been established to guide Triple-A’s partners and merchants in understanding the types of activities and products that are explicitly prohibited or subject to significant restrictions within our platform.

As such, any activity that engages in or facilitates activities that are deemed illegal or unlawful in any applicable jurisdiction is strictly prohibited. We reserve the right to prohibit any activity or product that we deem damaging to our reputation, even if it does not fall into the below categories. We undertake to comply with all applicable laws and regulations in the jurisdictions in which we operate. This means that we may have to prohibit certain activities or products based on local regulations, even if they are not explicitly listed in this policy.

At Triple-A, we welcome all legitimate businesses. However, some sectors require additional scrutiny due to their inherent risk profile. These sectors, defined as restricted, may be more susceptible to financial crime.

To ensure financial integrity and comply with international regulations, we may implement enhanced due diligence procedures for businesses in these sectors. This may include requesting additional documentation, conducting in-depth reviews, and implementing stricter monitoring practices.

This policy is not exhaustive. We reserve the right to modify this policy at any time and to make specific decisions regarding the acceptability of certain activities or products on a case-by-case basis.

Differentiated Restrictions and Prohibitions by Business Model

The specific restrictions and prohibitions outlined in this policy vary depending on a partner’s business model. We categorise our partners into two main groups:

1. Direct Merchant:

  • A direct merchant is an entity onboarded directly to Triple-A and sells products/services in its own name and bears full responsibility for its operations.
  • Additional restrictions may apply based on the merchant’s specific industry, product/service offerings, and risk profile.

2. PSP/Marketplace:

  • A PSP/Marketplace is a partner who acts as a payment facilitator, enabling other entities (third-party merchants or Triple-A sub-merchants) to utilise Triple-A’s services via their platform or service.
  • PSPs/Marketplaces are responsible for ensuring that all third-party merchants and sub-merchants they onboard or provide the services to comply with this policy’s restrictions and prohibitions.
  • PSPs/Marketplaces are subject to heightened scrutiny and additional due diligence procedures due to their role in facilitating transactions for multiple entities.
  • In addition to the general restrictions, PSPs/Marketplaces may be required to implement additional controls and monitoring mechanisms to mitigate risks associated with third-party activities.


Adult Content & Services
 

Merchant 

PSP or 

Marketplace 

Services of a sexual nature on-site

Prohibited 

Prohibited 

Adult content and services off-site

Restricted 

Prohibited 

Regulated Substances Or Other Products And Services Presenting A Risk To Consumer Safety.

 

Merchant 

PSP or

Marketplace 

CBD products

Restricted 

Prohibited

Marijuana Products 

Restricted 

Prohibited 

Pharmaceutical products and services

Restricted 

Restricted 

Hazardous materials (B2B) e.g. peptides,
research chemicals, bacteria cultures.

Restricted 

Restricted 

Hazardous materials (B2C)

Prohibited

Prohibited

Commerce of alcohol

Restricted 

Restricted 

Commerce of tobacco products, including cigarettes, e-cigarettes and e-liquids

Restricted 

Restricted 

Specific Legal Entities, Bodies And Structures Presenting An Increased Risk Of Bribery, Corruption And ML/TF.
 

Merchant 

PSP or

Marketplace 

Shell banks  

Prohibited 

Prohibited 

Shell companies 

Prohibited 

Prohibited 

Bearer shares entities, nominee/trust structures and other similar structures designed to conceal the identity of the beneficial owner(s)

Prohibited 

Prohibited 

Charities, social service organisations and other non-profit or political organisations.

Restricted 

Restricted 

Embassy, consulates and other governmental institutions or services.

Restricted 

Prohibited 

Other Designated Non-Financial Businesses And Professions
 

Merchant 

PSP or

Marketplace 

Art and antiques dealer 

Restricted 

Restricted 

Precious metals and stones dealer                                                                   

Restricted 

Restricted 

Used car and other first-hand vehicle dealer

Restricted 

Restricted 

Other high-value goods dealer 

Restricted 

Restricted 

Gambling products and services

Restricted 

Restricted 

Real estate services 

Restricted 

Restricted 

Lawyers, notaries, accountants, auditors, tax advisors and other independent legal professionals 

Restricted 

Restricted 

Trusts and Corporate Service Providers

Restricted 

Restricted 

Financial Activities

 

Merchant 

PSP or

Marketplace 

Financial products and services including but not limited to, real estate, consumer finance, banking, insurance, payments, remittance, securities and trading

Restricted 

Restricted 

Virtual Assets Service Providers                                                                  

Restricted

Restricted

Crowdfunding / Crowdlending

Restricted

Restricted

Bidding fee auctions/penny auctions 

Prohibited

Prohibited

Sale and marketing of Binary Options

Prohibited

Prohibited

Provider or seller of prepaid access/stored value 

Restricted

Restricted

Independent or unlicensed financial advisors

Prohibited 

Prohibited

Money Services Businesses / Money Value Transfer Services Providers / Payment Services Providers

Restricted

Prohibited

 

Other Restricted And Prohibited Activities
 

Merchant 

PSP or Marketplace 

Trade of weapons, ammunitions, military arms, explosive devices and firearm parts, other explosives and dangerous materials

Prohibited

Prohibited

Live-streaming Services with in-app
currency/donations functionality

Restricted 

Restricted 

Unfair, predatory or deceptive products and services, including, but not limited to,
multi-level marketing, pyramid schemes, unreasonably high reward schemes, referral marketing, etc.

Prohibited

Prohibited

Trade in restricted and/or endangered animal
species and derived products 

Prohibited

Prohibited

Human body parts or bodily fluids

Prohibited

Prohibited

Extraction of natural resources / energy industry such as oil, natural gas, nuclear, minerals

Prohibited

Prohibited