Square banned industries include any shops that sell illegal merchandise, telemarketing services, escort services, and a range of other high risk industries. Square distinguishes between store types that aren’t supported based on what they sell and how they sell it.
Square has bundles their high risk merchants with some common themes that apply to many types of high risk industries. Those merchant types can be found below:
If Square finds out you’re selling goods or services that violate their policy, they will reach out to you directly to collect more details. Their goal is to ensure that Square customers operate within the confines of the initial agreement. As a result, if they find anything out of the ordinary they will freeze payments on your device.
If Square stops your payment transactions you’ll be left without a means for customers to make purchases. Nonetheless, you have a few options to ensure your company recovers quickly without too much lost revenue. Here is what to do next:
The best high risk payment processor for Square is Zen Payments. They offer merchant account solutions in Square’s banned industries. Moreover, Zen Payments provides customized merchant accounts and terminals that work for numerous business types.