Worldpay Webinar Disclaimer
- Splitit offers services to the UK and merchants incorporated in the UK, excluding the British Overseas Territories.
- The merchant’s annual card processing volume will be between £5MM and £35MM.
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The minimum length of Worldpay’s relationship with an existing merchant should be6 months. In the case of Worldpay’s prospective merchants, the said merchant must provide 6 months of merchant processing statements for evaluation.
- The average order value should be in the range of £150 and £4000.
- The approved UK vertical markets for this program are:
- General retail
- General e-commerce
- Luxury jewellery
- Luxury apparel
- Home services
- Home goods
- Automative
- The minimum and maximum number of instalment plans will be 3 and 6, respectively.
- No merchants on the prohibited or restricted merchant list will be eligible for this programme.
- Splitit reserves the right to periodically review the list of prohibited or restricted merchants and amend it as required.
Prohibited Merchants
- Adult entertainment/materials
- Bail bonds
- Banks, Credit Unions, Mortgage lenders
- Blood & Organ banks
- Brokerage
- Call centers & answering services
- Collection agencies & debt buyers
- Contracted Management services
- Counterfeit goods
- Credit repair/Restoration/Reputation/Debt relief/Credit insurance/Credit card and identity theft protection
- Dating/Matchmaking services
- Debt Counseling Services
- Debt and Tax reduction services
- Drug paraphernalia & Dispensaries
- Discount travel clubs / subscriptions
- Energy Generation & distribution
- Escort services
- Factoring & Purchase order Financing
- Farming
- Financed payments via credit card
- Financial Transaction processing
- Firearms – Guns & ammunition sales or manufacturing
- Flea markets
- Fortune tellers/horoscope/astrologists
- Future service liability greater than one year
- Gambling / Gaming / Raffles / Lotteries
- Government / Non-profits / Charitable organizations
- Investment opportunities and advice
- Liquidation companies
- Logistics / freight forwarding
- Magazine subscriptions
- Manufactured / Mobile home dealers
- Massage services
- Marijuana from all types
- Mining
- Money services businesses
- Non-Bank Finance Companies
- Non-truck-based freight transportation
- Nutraceuticals, pseudo-pharmaceuticals and other products that make health claims that have not been approved or verified by the applicable local and/or national regulatory body, or make specific claims about weight loss or improved sexual performance
- Online auctions
- Pay per click and parked websites
- Payroll companies
- Political Fundraising/Political Action Committees/Political Campaigns (all types). Cannot promote anything illegal or brand damaging.
- Pornography
- Precious metal sales
- Products or services with unreasonable guarantees or claims
- Property managers
- Real Estate brokers/agencies/consultants/lessors
- Religious Organization
- Search engine optimization (SEO)
- Securities & commodities dealers/brokers
- Social networking sites
- Sports & performing arts groups or venues
- Sports forecasting
- Telecom merchants and transactions (prepaid cards, rechargeable phone cards, recurring phone services
- Telemarketing companies with the following operations: free gift/prize with purchase of product, chain letters, sale of any prohibited product/service, hodgepodge product mix, solicitation with outbound phone calls via fax blasting, email spamming etc.
- Timeshares/resellers/fractional ownership
- Title companies / Escrow agents
- Video rental
- Weight loss (none face to face)
Restricted Merchants
- Advertising
- Aircraft services
- Airlines
- Air/Train/Boat passenger transportation
- ATV / Snowmobile dealers (new and used)
- Art galleries and dealers
- Attorneys
- Automobile dealers (new and used) – parts and services only
- Automobile rental car agencies
- Boat dealers (new and used)
- Building & utility construction
- Catering
- Charters and tours
- Coin dealers & mail order coin sales – Includes businesses primarily engaged in the sale of coins or the exchange of foreign currency. Minimum 5 years in business and 6-month satisfactory previous processing be
- Collectibles/Memorabilia
- Concierge Services
- Cruise lines
- Detective Services/Private investigators
- Drop shipping of any sort (must have agreement with the supplier and confirm authenticity of the product they are selling)
- Educational Materials/Seminars/Self-help/Life coaching
- Electronic cigarettes (E-cigarettes)
- Funeral Services
- Golf Clubs – custom made (min. 1 yr. in business and 3 months previous processing)
- Immigration & Naturalization Services (unless provided by a licensed attorney)
- Insurance Related activities or services
- Jewelry, Watches, Precious Stones, and Precious Metals (SIC 5094: Establishments primarily engaged in the wholesale distribution of jewelry, precious stones and metals, costume jewelry, watches, clocks, silverware, and jewelers’ findings)
- Haircare Services and Products
- Hookah establishments (retail only, no drug paraphernalia)
- Lead Lists (all types)
- Limousine and Taxi Services
- Mailing & fulfillment houses
- Massage Therapists (therapist certification or LMT credentials)
- Media Publishing & Production
- Membership clubs
- MLM – Multi-level marketing (product sales only)
- Modeling/Talent agencies
- Motorcycle dealers (new and used)
- Moving Companies
- Negative response marketing techniques by any type of merchant (subject to Chief Risk Officer’s approval)
- Notaries
- Online/Mail Order Event Ticket sales (min. 1 yr. in business plus min. 6 months satisfactory previous processing)
- Outdoor power equipment (new and used)
- Pharmacies – Non face to face
- Pawn Shops / Consignment
- Prepaid/Discount health plans (min. 5 years in business plus min. 12 months satisfactory previous processing)
- Prepaid Gift Cards (min. 6 months previous processing)
- Printing
- Schools & Day cares
- Scooters (min. 1 yr. in business and 6 months previous processing)
- Security and/or Surveillance equipment and service providers (min. 1 yr. in business and 6 months satisfactory previous processing)
- Skincare Services and Products
- Stenography & court reporters
- RV & Trailer dealers (new and used)
- Tax preparation services
- Trade/Vocational Schools (min. 1 year in business and 6 months satisfactory previous processing)
- Travel agencies & Tour operators
- Vehicle Manufacturing
- Weight Loss Centers – (must be physician-owned and operated with physician onsite)