Prohibited & Restricted Businesses
Moov seeks to support Merchants and their customers in the provision of secure and efficient payment transfers in a manner that maintains the integrity of the financial ecosystem. As part of the vetting and onboarding process, Moov conducts:
- Know Your Business/Customer identity verification on the Merchant, all Beneficial Owners, and Control Officer
- Customer Due Diligence on the Merchant and use case to understand the anticipated activity and assess risk profile
- Underwriting Assessment on processing history and/or financial stability of the Merchant
Moov will require Enhanced Due Diligence (EDD) information for Merchants that meet a Higher Risk Industry Vertical Category during the prospect vetting and onboarding process. EDD is used to determine/confirm a businesses legal authority to operate and provide services, understand the use case, data and funds flows, monitoring and reporting requirements. Moov’s EDD requirements align with Federal Banking Agency supervisory guidance for higher-risk clients. Examples of EDD information Moov may require are listed below. Moov may require additional information based on use case, merchant tenure, risk profile, or other considerations. Provisions of due diligence information does not guarantee a Moov relationship or access to Moov services.
- Federal or State licenses for verticals that require license or registration to operate legally (e.g., Lending/Credit, Medical Services, Firearms, etc.).
- If a Merchant does not have a federal or state license or registration, Moov will generally require a formal legal opinion (for each state in which the Merchant offers services) that fully supports an exemption.
- Articles of Incorporation or formation documents
- Insurance Documentation (Cyber, Liability, etc.)
- Program Documentation (Information Security, BSA/AML, OFAC, Privacy, etc.)
- Financial Statements
- IRS Tax Documentation (e.g., Tax Exempt status, EIN Letter, etc.)
- Description of Service Categories or Merchants supported
- Description or List of Client Base.
- List of Critical Third Parties (Name, Address, Purpose) & Partners
- Source of Good/Services Sold
- Description of Marketing Channels
- Rent Roll and Property Characteristics (e.g., # of units, location, etc.)
- Complaint Metrics (rec’d directly to the Merchant by customers and via BBB, social media, and other applicable channels)
- Certificate of Good Standing with Secretary of State or Oversight/Governing Body
As part of the application and onboarding process outlined above, Moov considers additional information that may either disqualify a Merchant Applicant or require supplemental due diligence information. These include:
- Pending litigation against the Merchant or any beneficial owner or control officer of the Merchant
- Enforcement Actions, Penalties, or other actions issued by an oversight authority
- Merchant or any beneficial owner or control officer indicted or convicted of a financial crime
- Beneficial owner or control officer is a Politically Exposed Person (PEP)
- Merchant or any beneficial owner or control officer that is a positive match to the OFAC Sanctions program/OFAC SDN list
- Missing Terms of Service on website or mobile application
- Missing Privacy Policy on website or mobile application
- Business whose target customer is under the age of 18
- Business information behind a website or mobile application paywall
- Business that promotes or sells products/services that promote Hate, Violence, Harassment, or Abuse
- Business that sell products/services that violate Federal or State law
- Business that sells products/services of Counterfeit IP or Copyright Infringement
- Business that accepts loan payments with a credit card
- Business that sells products designed to mimic illegal drugs
| Industry Vertical Category | MCC Code* | Risk Category | Description | EDD Requirements | MCC Code Business Type Description | Example Companies |
|---|---|---|---|---|---|---|
| Adult Content | 7273, 7841, 5815, 5999, 7999, 5967 | Prohibited | Adult Entertainment, Mature Content | Prohibited Merchant | 7273 – Dating/Escort Services; 7841 – Video/DVD Rental Stores; 5815 – Digital Goods – Media, Books, Movies & Music; 5999 – Miscellaneous & Specialty Retail Stores; 7999 – Recreation Services (Not Elsewhere Classified); 5967 – Direct Marketing – Inbound Teleservices | 7273: Match Group (Match.com, Tinder), eHarmony | 7841: Redbox, Blockbuster (historical) | 5815: Apple (iTunes/App Store), Amazon (Prime Video), Spotify | 5999: Spencer’s Gifts, The Sharper Image | 7999: Topgolf, The Escape Game (escape rooms) | 5967: Psychic Readers Network, infomercial order-line services |
| Airline Carriers | 3000-3299, 4511 | EDD Required | Airlines, Flights, Air Travel | 2, 8 , & 13 | 3000-3299 – Airlines (block of carrier-specific codes, e.g., major domestic/international airlines); 4511 – Airlines, Air Carriers (Not Elsewhere Classified) | 3000-3299: American Airlines, Delta Air Lines, United Airlines, Southwest Airlines (each major carrier has its own reserved code in this range) | 4511: Regional/charter carriers and other air-carrier services not assigned a dedicated code in the 3000-3299 block |
| Alcohol & Spirits - Storefront Sales | 5921 | EDD Required | Liquor sales, wine sales, alcohol retail | 2, 5, & 10 | 5921 – Package Stores – Beer, Wine & Liquor | 5921: Total Wine & More, BevMo!, ABC Fine Wine & Spirits |
| Alcohol & Spirits - Card Not Present Sales Only | 5921 | Prohibited** | Liquor sales, wine sales, alcohol retail | Prohibited Merchant | 5921 – Package Stores – Beer, Wine & Liquor | 5921: Total Wine & More, BevMo!, ABC Fine Wine & Spirits |
| Amusement & Theme Parks | 7996 | EDD Required | Theme park, carnival, circus, fair, rides, attractions | Permanent or Traveling | 7996 - Theme park, carnival, circus, fair, rides, attractions | |
| Bail Bonds | 9223 | EDD Required | Bail bondsman, surety bonds, jail release | 1, 2, 3, 5, 7, 14 | 9223 - Bail bondsman, surety bonds, jail release | |
| Bankruptcy and/or Insolvency Attorney or Consulting | 7277, 7322, 8111, 8999 | EDD Required | Bankruptcy services, Legal debt services and consulting | 8, 9 | 7277 - Debt management ;7322 -- debt collection ; 8111 - legal services; 8999 - Professional Services, including consulting | |
| Banks and Credit Unions - U.S. Charter/Licensed | 6012 | EDD Required | Bank, credit union, depository financial institution | n/a | 6012 - Bank, credit union, depository financial institution, banking | |
| Banks and Credit Unions - Foreign/Non-U.S. Chartered or Licensed | 6012 | Prohibited | Bank, credit union, depository financial institution | Prohibited merchant | 6012 - Bank, credit union, depository financial institution, banking | |
| Bars & Nightclubs | 5813 | EDD Required | Bars, taverns, pubs, taprooms, beer gardens, nightclub, cocktail lounge, wine bar, comedy club | 7 | 5813 - Bars, taverns, pubs, taprooms, beer gardens, nightclub, cocktail lounge, wine bar, comedy club | |
| Bearer Share Entities | n/a | Prohibited | A legal entity whose ownership is represented by physical paper certificates rather than a formal register of shareholders | Prohibited Merchant | A legal entity whose ownership is represented by physical paper certificates rather than a formal register of shareholders | |
| Business/Professional Consulting | 7392 | EDD Required | Business or professional consulting that includes business management, financial planning, public relations, human resources, etc. | 8 | 7392 - Business or professional consulting that includes business management, financial planning, public relations, human resources, etc. | |
| Business that only Accepts Crypto or Virtual Currency for Goods/Services | n/a | Prohibited | Business that accepts crypto or virtual currency for the sale of good or services without conversion to USD as part of the sale | Prohibited Merchant | Business that accepts crypto or virtual currency for the sale of good or services without conversion to USD as part of the sale | |
| Businesses Located (HQ’d) outside of the U.S. | n/a | Prohibited | Business whose headquarters or primary business operations are located outside of the U.S., regardless of where the business’s customers are located | Prohibited Merchant | Business whose headquarters or primary business operations are located outside of the U.S., regardless of where the business’s customers are located | |
| Camping & RV Parks | 7032, 7033 | EDD Required | Campground, RV Park, Camping Sites, Trailer Park, Recreational Vehicle Storage | 7, 8 | Campground, RV Park, Camping Sites, Trailer Park, Recreational Vehicle Storage | |
| Cannabis/Marijuana - Tier 1 | 5912 | Prohibited | Direct/Plant Touching, state-licensed operators that cultivate, process, test, transport, or dispense cannabis | Prohibited Merchant | Direct/Plant Touching, state-licensed operators that cultivate, process, test, transport, or dispense cannabis | |
| Cannabis/Marijuana - Tier 2 | see various commercial codes | Prohibited | Indirect/Dedicated Support, businesses that do not touch the plant but derive the majority of their revenue from Tier 1 operators (e.g., specialized hydroponic equipment suppliers, cannabis-focused consultants or services) | Prohibited Merchant | Indirect/Dedicated Support, businesses that do not touch the plant but derive the majority of their revenue from Tier 1 operators (e.g., specialized hydroponic equipment suppliers, cannabis-focused consultants or services) | |
| Cannabis/Marijuana - Tier 3 | see various commercial codes | EDD Required | Indirect/Incidental, businesses that provide standard commercial services to cannabis companies but for which it is only an incidental part of their overall business (e.g., utility companies, commercial landlords, accounting services, etc.) | See specific EDD for Merchant Type | Indirect/Incidental, businesses that provide standard commercial services to cannabis companies but for which it is only an incidental part of their overall business (e.g., utility companies, commercial landlords, accounting services, etc.) | |
| CBD & Hemp Products | 5499 | Prohibited | CBD oil, hemp products, cannabis derivatives | prohibited Merchant | Businesses that manufacture or sell CBD or Hemp Products | |
| Charitable & Nonprofit Organizations | 8398, 8661 | EDD Required | Charitable, nonprofit, philanthropic organizations, religious organizations, churches | 6 | 8398 - Charitable, nonprofit, and philanthropic organizations; 8661; churches & religious organizations | |
| Childcare Services | 8351 | EDD Required | Daycare centers, nursery schools, preschools, after-school programs, nanny & babysitting services, child enrichment and activity centers | 1 | Daycare centers, nursery schools, preschools, after-school programs, nanny & babysitting services, child enrichment and activity centers | |
| Civic & Social Associations and Community Service Groups | 8351, 8641 | EDD Required | Civic, social, & fraternal organizations | 2 | 8351 - Civic & fraternal organizations; 8641 - organizations that operate for civic improvement, social interaction, or fraternal fellowship | |
| Cloud Storage & Backup Services | 4816 | EDD Required | Cloud storage, cyberlockers, file-sharing platforms, and web hosting services | 4 | Cloud storage, cyberlockers, file-sharing platforms, and web hosting services | |
| Cluster Merchants | n/a | Prohibited | A group of interconnected online storefronts or sub-merchant accounts (often selling generic consumer goods like gadgets, fitness gear, or household items) that share identical application characteristics, web templates, or backend control by a single manager or platform | Prohibited Merchant | A group of interconnected online storefronts or sub-merchant accounts (often selling generic consumer goods like gadgets, fitness gear, or household items) that share identical application characteristics, web templates, or backend control by a single manager or platform | |
| Commercial Leasing | 7394, 5046 | EDD Required | Business that primarily leases equipment, tools, furniture | 1, 5 | 7394 - leasing physical goods for temporary use; 5048 - commercial equipment supplier or B2B distributor whose primary focus is selling or supplying industrial and commercial machinery | |
| Consumer Use Case | n/a | Prohibited | A financial item or tool offered to individuals primarily for personal, family, or household purposes. A Moov wallet is not permitted for consumer use cases. | Prohibited Merchant | A financial item or tool offered to individuals primarily for personal, family, or household purposes. A Moov wallet is not permitted for consumer use cases. | |
| Convenience Store | 5499 | EDD Required | General convenience stores and specialty food markets | 2 | General convenience stores and specialty food markets that sell everyday snacks, drinks, and other miscellaneous items without a full supermarket inventory, | |
| Credit Counseling & Repair Services | 7299 | Prohibited | Financial counseling & credit repair services | Prohibited Merchant | Financial counseling & credit repair services | |
| Credit Protection or Identity Theft Protection Services | 7321 | EDD Required | Credit protection, credit monitoring, and identity theft protection services | 4, 13 | Credit protection, credit monitoring, and identity theft protection services | |
| Crowdfunding or Crowdsourcing | 6051, 8398 | EDD Required | Fundraising platform, Kickstarter, crowd investing | 6051 - Quasi-cash transaction and other non-financial entities providing financial services ; 8398 - Charitable or civic-based crowdfunding | ||
| Cruise & Marine Travel | 4411, 4457, 4468 | EDD Required | Cruise lines, boat travel, boat services | 2, 13 | 4411 - Cruise lines and steamship lines, 4457 - Boat leases and boat rentals; 4468 - Marinas, marine service | |
| Cryptocurrencies or Virtual Currency Business (Issuer & Exchanger) | 6051 | Prohibited | Cryptocurrency, Bitcoin, Stablecoin, digital currency, blockchain ledger, other non-fiat or quasi-cash equivalents | Prohibited Merchant | Cryptocurrency, Bitcoin, Stablecoin, digital currency, blockchain ledger, other non-fiat or quasi-cash equivalents | |
| Currency Exchange | 6051 | Prohibited | Exchanger of foreign currency and non-fiat currency | Prohibited Merchant | Exchanger of foreign currency and non-fiat currency | |
| Data Pass Service Merchants | n/a | Prohibited | Marketing practice where a merchant (after a customer purchases a product and provides their payment information) passes that information to a third party seller to enroll the customer in a new service or subscription without the customer’s consent. | Prohibited Merchant | Marketing practice where a merchant (after a customer purchases a product and provides their payment information) passes that information to a third party seller to enroll the customer in a new service or subscription without the customer’s consent. | |
| Dating Services | 7273 | Prohibited | Online, mobile application, or in-person dating services, matchmaking, social introductions, and adult companionship | Prohibited Merchant | Online, mobile application, or in-person dating services, matchmaking, social introductions, and adult companionship | |
| Debt Collection | 7322 | EDD Required | Business that collect payments on overdue receivables under contract (first party) or recover debts purchased from third parties. | 4, 5, 7, 8 | Business that collect payments on overdue receivables under contract (first party) or recover debts purchased from third parties. | |
| Debt Repayment/Loan Servicing | 6012 | EDD Required | Debt repayment on loans issued by U.S. financial institutions; includes both financial institutions and licensed loan servicers. | 1, 7, 8 | Debt repayment on loans issued by U.S. financial institutions; includes both financial institutions and licensed loan servicers. | |
| Debt Resolution or Debt Elimination Services | 7322 | Prohibited | Debt resolution and insolvency recovery services | Prohibited Merchant | Debt resolution and insolvency recovery services | |
| Depository Financial Institution - U.S. Chartered | 6012 | EDD Required | Federal or state chartered U.S. depository financial institution subject to deposit insurance | 1 | Federal or state chartered U.S. depository financial institution subject to deposit insurance | |
| Depository Financial Institution - Foreign/non-U.S. Chartered | 6012 | Prohibited | A depository financial institution whose charter or license is issued by a foreign or non-U.S. jurisdiction | Prohibited Merchant | A depository financial institution whose charter or license is issued by a foreign or non-U.S. jurisdiction | |
| Digital Assets & NFTs | 6051, 5815 | Prohibited | Quasi-cash including digital assets, non-fungible tokens, non-fiat assets | Prohibited Merchant | 6051 - Quasi-cash including digital assets, non-fungible tokens, non-fiat assets; 5815 - Digital goods including non-fungible tokens | |
| Digital Products Miscellaneous | 5815, 5818 | EDD Required | Digital only products including books, music, movies, media. etc. | 2, 5, 9 | 5815 - Digital goods including a diverse mix of electronic content across multiple categories (NFTs are prohibited); 5818 - Digital only products including books, music, movies, media, etc. | |
| Digital Publishing | 5815 | EDD Required | Digital/online only magazines, content, e-publishing | 3, 8, 11 | Digital/online only magazines, content, e-publishing; digital content reflecting or representing any prohibited merchant category is prohibited | |
| Door-to-Door Sales | 5963 | EDD Required | Direct door-to-door sales or marketing | 2, 3, 5 | Direct door-to-door sales or marketing where business representatives visit a consumer at their home or temporary location (such as from trucks or wagons) to demonstrate and sell services or products. | |
| E-Cigarettes & Vapes - Storefront Sales | 5993 | EDD Required | Vape shops, sale of age-restricted e-cigarettes, and vaping supplies | 1, 2 | Vape shops, sale of age-restricted e-cigarettes, and vaping supplies | |
| E-Cigarettes & Vapes - Card Not Present Sales Only | 5993 | Prohibited | Vape shops, sale of age-restricted e-cigarettes, and vaping supplies | Prohibited Merchant | Vape shops, sale of age-restricted e-cigarettes, and vaping supplies | |
| Education Services | 8299 | EDD Required | Tutoring centers, test preparation services, language schools, driving and traffic schools, flying schools, etc. | 1, 2 | Educational services providers that do not fit into specific traditional categories such as grade schools or degree-granting academic or fine arts institutions. Includes tutoring centers, test preparation services, language schools, driving and traffic schools, flying schools, etc. | |
| Embassy, Consulate, & Diplomatic Services | 9400 | Prohibited | A country’s main diplomatic headquarters in a foreign nation or a smaller, subordinate branch office located outside of the capital city that support diplomatic employees and services for citizens | Prohibited Merchant | A country’s main diplomatic headquarters in a foreign nation or a smaller, subordinate branch office located outside of the capital city that support diplomatic employees and services for citizens | |
| Event Ticketing | 7922 | EDD Required | Ticket sales for music, sports, or theatre events | 2, 13 | Ticket sales for music, sports, or theatre events | |
| Fast Food & Quick Service | 5814 | EDD Required | National and local fast food chains and eateries focused on speed, standardized menus, and high customer throughput. Includes drive-thrus, takeout, and delivery only establishments | 2, 7 | National and local fast food chains and eateries focused on speed, standardized menus, and high customer throughput. Includes drive-thrus, takeout, and delivery only establishments | |
| Financial Services Miscellaneous | 6012 | EDD Required | Financial services provided by an entity that is not a Federal or state chartered or licensed financial institution | 1 | Financial services provided by an entity that is not a Federal or state chartered or licensed financial institution | |
| Firearms and Ammunition - Storefront Sales | 5723 | EDD Required | Sale (primarily) of firearms, ammunition, and related accessories | 1, 5, 10 | Sale (primarily) of firearms, ammunition, and related accessories | |
| Firearms and Ammunition - Card Not Present Sales Only | 5723 | Prohibited | Sale (primarily) of firearms, ammunition, and related accessories | Prohibited Merchant | Sale (primarily) of firearms, ammunition, and related accessories | |
| Foreign Currency (Issuing, Exchanging, Custodian) | 6051 | EDD Required | Issuing and exchanging of fiat foreign currency; does not include non-fiat currency | 1, 2, 5 | Issuing and exchanging of fiat foreign currency; does not include non-fiat currency | |
| Fortune Teller | 7996 | Prohibited | Fortune tellers, tarot reading, palmistry, astrology, psychic readings, etc. | Prohibited merchant | Fortune tellers, tarot reading, palmistry, astrology, psychic readings, etc. | |
| Funeral & Memorial Services | 7261 | EDD Required | Funeral homes, mortuaries, crematories, memorial organizers, end-of-life retail sales (e.g., caskets, urns, etc.), and pre-funding funeral planning | 1 | Funeral homes, mortuaries, crematories, memorial organizers, end-of-life retail sales (e.g., caskets, urns, etc.), and pre-funding funeral planning | |
| Games & Virtual Goods | 5816 | EDD Required | Video games, virtual games, and in-game purchases; does not include games of skill with a potential payout | 1, 2, 9 | Video games, virtual games, and in-game purchases; does not include games of skill with a potential payout | |
| Ghost Guns (Sales, Distributor, Manufacturer) | 5723 | Prohibited | Firearms that are untraceable and homemade firearms that lack a serial number; includes unfinished frames and kits, 3D printing components or blueprints | Prohibited Merchant | Firearms that are untraceable and homemade firearms that lack a serial number; includes unfinished frames and kits, 3D printing components or blueprints | |
| Government Agencies & Services | 9000-9999 | EDD Required | Federal, state, county, municipal, and regional government agencies and public services | 7 | Federal, state, county, municipal, and regional government agencies and public services. | |
| Hotels & Motels | 3501-3999, 7011 | EDD Required | General lodging for independent and chain hotels, motels, resorts, | 2, 13 | 3501-3999 - Dedicated range for specific major hotel and resort chains (e.g., Marriott, Hilton, etc.); 7012 - General lodging for independent hotels, motels, resorts, and smaller chains | |
| Insurance | 6300 | EDD Required | Insurance sales, underwriting, and premium payments | 1 | Insurance sales, underwriting, and premium payments | |
| Investment Securities & Services | 6211 | EDD Required | Investment securities sales and services, stock brokers, online investment and trading platforms, mutual fund agents and underwriters, forex and options dealers | 1, 5 | Investment securities sales and services, stock brokers, online investment and trading platforms, mutual fund agents and underwriters, forex and options dealers | |
| Lead Generation Services | 7399 | EDD Required | B2B lead generation, marketing agencies, and miscellaneous business consulting | 7, 10, 13 | B2B lead generation, marketing agencies, and miscellaneous business consulting | |
| Lending and Credit Services | 6012 | EDD Required | Personal or business financing and loans | 1, 7 | Personal or business financing and loans | |
| Lottery & Gaming | 7800, 7801, 7802, 7995 | Prohibited | Lotteries, casinos, gambling, sweepstakes; the physical or virtual sale of tickets or wagering where prizes hold monetary value | Prohibited Merchant | 7800 - Government-owned lotteries; 7801 - Government-licensed online casinos; 7802 - Government-licensed horse/dog racing; 7995 - general storefront and online gambling, sportsbook, lottery ticket sales, and physical or virtual wagering where prizes hold monetary value | |
| Massage Services | 7297, 7298, 8099 | EDD Required | Therapeutic massage clinics, day spas, or medical massage or therapy | 1, 2, 5, 9 | 7297 - Therapeutic massage clinics, days spas focusing primarily on massages and mobile massage providers; 7298 - Health and beauty spas that offer a wide mix of treatments including facials, body wraps, and other services including massages; 8099 - Medical services practitioners such as licensed physical therapists, chiropractors, and clinical medical massage therapists | |
| Medical Services | 8011-8099 | EDD Required | Doctors, physicians, dentists, orthodontists, chiropractors, opticians, podiatrists, nursing care facilities, hospitals | 1, 7 | 8011 - Doctors and Physicians; 8021 - Dentists and orthodontists; 8031 - Osteopathic Physicians; 8041 - Chiropractors; 8042 - Optometrists and Ophthalmologists; 8043 - Opticians, optical goods and eyeglasses; 8049 - Chiropodists and podiatrists; 8050 - Nursing and personal care facilities; 8062 - Hospitals; 8071 - Dental and medical laboratories; 8099 - Medical services and health practitioners not elsewhere classified | |
| Membership & Subscription Services | 4899, 5817, 5968, 7997, 8699 | EDD Required | General membership and recurring subscription services payments | 13 | 4899/5817 - Digital apps, streaming services, or SaaS platforms; 5968 - Digital subscription services, recurring box deliveries, and retail membership programs (e.g., Amazon Prime, Walmart); 7997 - Physical membership clubs, country clubs, gyms, and private golf courses; 8699 - Civic, social, professional, and special interest membership associations | |
| Miscellaneous Retail | 5999 | EDD Required | General retail and e-commerce not defined under other specific industry vertical categories | 7, 10 | General retail and e-commerce not defined under other specific industry vertical categories | |
| Mobile Applications | 5817 | EDD Required | Mobile applications for the sale of online or digital goods or services (excluding virtual games) | 7, 10 | Mobile applications for the sale of online or digital goods or services (excluding virtual games) | |
| Mobile or Digital Wallets | 6012 | EDD Required | Pass-through wallets to transmit tokenized credentials directly to the seller (e.g., Apple Pay, Google Pay) | 1, 5 | Pass-through wallets to transmit tokenized credentials directly to the seller (e.g., Apple Pay, Google Pay) | |
| Money Services Businesses | 4829, 6010, 6011 | Prohibited | Wire transfers, monetary transfers, sale of money orders, prepaid cards, travelers checks, check cashing | Prohibited Merchant | 4829 - Wire transfers, sale of money orders, prepaid card, and travelers checks, check cashing; 6010/6011 - manual cash disbursements and ATM operations tied to broader MSB functions | |
| Mortgage Counseling | 7277 | EDD Required | Mortgage counseling programs offered under Federally administered programs by state and local agencies and independent non-profit associations | 2 | Mortgage counseling programs offered under Federally administered programs by state and local agencies and independent non-profit associations | |
| Multi-level Marketing | 5967, 5999 | EDD Required | A business model where independent sales people sell products directly to consumers and earn money from both their own sales and the sales of people they recruit | 2, 5, 13 | A business model where independent sales people sell products directly to consumers and earn money from both their own sales and the sales of people they recruit; 5967 - Telemarketing; 5999 - Miscellaneous Retail | |
| Non-Bank Lender - U.S. Charter or License | 6012 | EDD Required | Federal or state chartered non-depository financial institution; credit card lender, personal and commercial lending, mortgage lending, etc. | 1 | Federal or state chartered non-depository financial institution; credit card lender, personal and commercial lending, mortgage lending, etc. | |
| Non-Bank Lender - Foreign/ Non-U.S. Charter or License | 6012 | Prohibited | Non-depository financial institution chartered or licensed by a foreign/non-U.S. agency | Prohibited Merchant | Non-depository financial institution chartered or licensed by a foreign/non-U.S. agency | |
| Nutraceuticals & Peptides - Licensed Compounding Pharmacy | 5912, 5122, 8099, 5047, 5099 | EDD Required | Prescription sales to consumers | 1, 7, 8 | 5912 – Drug Stores & Pharmacies; 5122 – Drugs, Drug Proprietaries & Druggists’ Sundries (Wholesale); 8099 – Medical Services & Health Practitioners (Not Elsewhere Classified); 5047 – Medical, Dental, Ophthalmic & Hospital Equipment & Supplies; 5099 – Durable Goods (Not Elsewhere Classified) – Wholesale | 5912: CVS Pharmacy, Walgreens, Rite Aid | 5122: McKesson, Cardinal Health, AmerisourceBergen | 8099: Teladoc Health, medical spas and outpatient clinics | 5047: Henry Schein, Patterson Companies | 5099: Generic wholesale distributors of durable goods not elsewhere classified |
| Nutraceuticals & Peptides - Licensed Physician | 5912, 5122, 8099, 5047, 5099 | EDD Required | Prescription in-office provision of services to patients | 1, 7, & 8 | 5912 – Drug Stores & Pharmacies; 5122 – Drugs, Drug Proprietaries & Druggists’ Sundries (Wholesale); 8099 – Medical Services & Health Practitioners (Not Elsewhere Classified); 5047 – Medical, Dental, Ophthalmic & Hospital Equipment & Supplies; 5099 – Durable Goods (Not Elsewhere Classified) – Wholesale | 5912: CVS Pharmacy, Walgreens, Rite Aid | 5122: McKesson, Cardinal Health, AmerisourceBergen | 8099: Teladoc Health, medical spas and outpatient clinics | 5047: Henry Schein, Patterson Companies | 5099: Generic wholesale distributors of durable goods not elsewhere classified |
| Nutraceuticals & Peptides - FDA Registered Research Laboratory | 5912, 5122, 8099, 5047, 5099 | EDD Required | Research purposes use of peptides, no resale of peptides | 1, 7, & 8 | 5912 – Drug Stores & Pharmacies; 5122 – Drugs, Drug Proprietaries & Druggists’ Sundries (Wholesale); 8099 – Medical Services & Health Practitioners (Not Elsewhere Classified); 5047 – Medical, Dental, Ophthalmic & Hospital Equipment & Supplies; 5099 – Durable Goods (Not Elsewhere Classified) – Wholesale | 5912: CVS Pharmacy, Walgreens, Rite Aid | 5122: McKesson, Cardinal Health, AmerisourceBergen | 8099: Teladoc Health, medical spas and outpatient clinics | 5047: Henry Schein, Patterson Companies | 5099: Generic wholesale distributors of durable goods not elsewhere classified |
| Nutraceuticals & Peptides - Other | 5912, 5122, 8099, 5047, 5099 | Prohibited | E-Commerce Sales, “Research Only Sales”; etc. | Prohibited Merchant | 5912 – Drug Stores & Pharmacies; 5122 – Drugs, Drug Proprietaries & Druggists’ Sundries (Wholesale); 8099 – Medical Services & Health Practitioners (Not Elsewhere Classified); 5047 – Medical, Dental, Ophthalmic & Hospital Equipment & Supplies; 5099 – Durable Goods (Not Elsewhere Classified) – Wholesale | 5912: CVS Pharmacy, Walgreens, Rite Aid | 5122: McKesson, Cardinal Health, AmerisourceBergen | 8099: Teladoc Health, medical spas and outpatient clinics | 5047: Henry Schein, Patterson Companies | 5099: Generic wholesale distributors of durable goods not elsewhere classified |
| Nutritionists | 8099 | EDD Required | Nutritionist, medical or health professional not elsewhere classified | 8 | Nutritionist, medical or health professional not elsewhere classified | |
| Online Auctions | 5262, 5999, 5972, 5932, 7399 | EDD Required | Storefront and online bidding, auction sites | 1, 2, 5, 7, 10 | 5262 - Marketplaces where multiple third-party vendors host, sell and auction goods; 5999 - Sale of specialty retail merchandise; 5972 - Stamp, coin, and other collectible auction platforms; 5932 - auction houses specializing in estate sale, vintage goods, or certified antiques | |
| Online Gambling & Games of Skill | 7800, 7801, 7802, 7995 | Prohibited | Lotteries, casinos, gambling, sweepstakes; the physical or virtual sale of tickets or wagering where prizes hold monetary value | Prohibited Merchant | 7800 - Government-owned lotteries; 7801 - Government-licensed online casinos; 7802 - Government-licensed horse/dog racing; 7995 - general storefront and online gambling, sportsbook, lottery ticket sales, and physical or virtual wagering where prizes hold monetary value | |
| Online Marketplace | 5262 | EDD Required | Marketplaces where multiple third-party vendors host, sell and auction goods; | 1, 2, 5, 7, 10 | Marketplaces where multiple third-party vendors host, sell and auction goods; | |
| Payment Processing & Payment Aggregators | 6051 | EDD Required | Payment gateway, merchant services, transaction processing and settlement | 4, 5, 8 | Payment gateway, merchant services, transaction processing and settlement | |
| Payroll Processing | 8931 | EDD Required | Payroll services provided by third parties for businesses. Includes accounting, tax-related servicing, and payroll processing. | 1, 4 | Payroll services provided by third parties for businesses. Includes accounting, tax-related servicing, and payroll processing. | |
| Personal Counseling & Wellness Coaching | 7277, 7299 | EDD Required | Personal services related to guidance, advice, therapy for marriage, family, health, wellness, and other personal or family needs | 2, 7, 8 | 7277 - Personal services related to guidance, advice, therapy for marriage and family needs; 7299 - Virtual assistants, life coaching, and fitness or business coaching | |
| Pharmacy - Card Not Present Sales Only | 5122, 5912 | Prohibited | Retail and wholesale distribution of prescription drugs, pharmaceuticals, health aids and health-related sundries | Prohibited Merchant | 5122 - Wholesale distribution and bulk supply of pharmaceuticals and health aids rather than direct storefronts; 5912 - Drug stores and pharmacies that primarily sell prescription drugs, over-the-counter medicines, cosmetics, and health-related sundries | |
| Pharmacy - Storefront Sales | 5122, 5912 | EDD Required | Retail and wholesale distribution of prescription drugs, pharmaceuticals, health aids and health-related sundries | 1, 2, 5 | 5122 - Wholesale distribution and bulk supply of pharmaceuticals and health aids rather than direct storefronts; 5912 - Drug stores and pharmacies that primarily sell prescription drugs, over-the-counter medicines, cosmetics, and health-related sundries | |
| Political Campaigns, PACs, & Political Advisory Groups | 8651 | EDD Required | Political campaign, political organization, advocacy group, and political action committees that accept donations | 6, 8 | Political campaign, political organization, advocacy group, and political action committees that accept donations | |
| Precious Metals & Gems | 5094, 5944 | EDD Required | Retail and wholesale distribution of precious metals and gemstones. Includes gold, silver, platinum, raw gems, diamonds, high-end clocks, silverware, and mounted precious stones | 2, 10 | 5094 - Wholesale distributors and bulk precious metals and gemstone dealers; 5944 - Retail storefront selling finished fine jewelry and watches | |
| Professional Miscellaneous | 8999 | EDD Required | Professional services, advice, expert consulting | 5, 7, 8 | Professional services, advice, expert consulting | |
| Professional & Trade Organizations | 8697, 8699 | EDD Required | Membership organizations specifically designed for professional associations or trade unions | 2, 8 | 8697 - Membership organizations specifically designed for professional associations or trade unions; 8699 - Independent professional membership organizations | |
| Property Management & Maintenance | 6513 | EDD Required | Residential and commercial property managers, real estate management companies, letting agents, landlords | 12 | Residential and commercial property managers, real estate management companies, letting agents, landlords | |
| Real Estate Services | 6513 | EDD Required | Real estate agents and brokers | 1, 7 | Real estate agents and brokers | |
| Religious Organizations | 8661 | EDD Required | Worship services, religious training, spiritual guidance, faith-based fundraising; includes churches, mosques, synagogues, temples, shrines, monasteries, convents, and religious charities | 5, 6, 7 | Worship services, religious training, spiritual guidance, faith-based fundraising; includes churches, mosques, synagogues, temples, shrines, monasteries, convents, and religious charities | |
| Restaurants | 5812 | EDD Required | Eating places and full-service restaurants; does not include fast food or quick service food | 7 | Eating places and full-service restaurants; does not include fast food or quick service food | |
| Shell Banks | 6012 | Prohibited | A financial institution that has no physical presence in any country and is not affiliated with a regulated financial group subject to consolidated supervision | Prohibited Merchant | A financial institution that has no physical presence in any country and is not affiliated with a regulated financial group subject to consolidated supervision | |
| Shell Corporations | n/a | Prohibited | A legally incorporated business entity that exists primarily on paper with no active business operations, physical storefront, or significant employees | Prohibited Merchant | A legally incorporated business entity that exists primarily on paper with no active business operations, physical storefront, or significant employees | |
| Software as a Service | 5817 | EDD Required | Modern cloud-based SaaS downloadable applications, and non-gaming digital subscription services | 8 | Modern cloud-based SaaS downloadable applications, and non-gaming digital subscription services | |
| Sporting Goods | 5941 | EDD Required | Sale of athletic equipment, sporting goods, camping gear, hunting/fishing supplies athletic footwear, fitness equipment | 7 | Sale of athletic equipment, sporting goods, camping gear, hunting/fishing supplies athletic footwear, fitness equipment | |
| Sports Betting & Fantasy | 7995 | Prohibited | Sports betting (including fantasy leagues/games), wagering and gambling where winning or prizes have monetary value | Prohibited Merchant | Sports betting (including fantasy leagues/games), wagering and gambling where winning or prizes have monetary value | |
| Subscription Marketing | 5968 | EDD Required | Subscription sales and membership services that includes recurring billing | 8, 13 | Subscription sales and membership services that includes recurring billing | |
| Telemarketing Services | 5966 | EDD Required | Outbound telephone-based lead generation, telemarketing firms, and appointment-setting services | 7, 10 | Outbound telephone-based lead generation, telemarketing firms, and appointment-setting services | |
| Telephone Cards | 4814 | EDD Required | Local and long-distance calls, recurring phone billing, and the sale of prepaid phone services like calling cards | 2, 10 | Local and long-distance calls, recurring phone billing, and the sale of prepaid phone services like calling cards | |
| Timeshares | 7011, 7012 | EDD Required | The sale, rental, or operation of vacation or other real property ownership and fractional interest properties | 2, 9, 13 | 7011- Short-term public lodging; 7012 - The sale, rental, or operation of vacation or other real property ownership and fractional interest properties | |
| Title & Payday Loans | 6012, 6051 | Prohibited | Lender that issues short-term loans secured by a vehicle’s title or unsecured advances due by the borrower’s next paycheck | Prohibited Merchant | Lender that issues short-term loans secured by a vehicle’s title or unsecured advances due by the borrower’s next paycheck | |
| Tobacco Sales - Card Not Present Only | 5993 | Prohibited | Sale of cigars, pipe tobacco, cigarettes, and accessories | Prohibited Merchant | Sale of cigars, pipe tobacco, cigarettes, and accessories | |
| Tobacco Sales - Storefront Sales | 5993 | EDD Required | Sale of cigars, pipe tobacco, cigarettes, and accessories; includes cigar stores, stands, specialty outlets | 1, 5, 7 | Sale of cigars, pipe tobacco, cigarettes, and accessories; includes cigar stores, stands, specialty outlets | |
| Top-Up Wallet Services | 6530, 6538, 6051 | EDD Required | Remote stored value/wallet load transactions initiated online | 4, 8, 13 | 6530 - Remote stored value load transactions initiated by merchants including online digital wallet top-ups and prepaid card reloads; 6538 - Platforms facilitating money transfers, account funding, and digital wallet mobile reloads; 6051 - Fiat-based quasi-cash transactions/transfers | |
| Travel Agencies & Tours | 4722 | EDD Required | Agents or operators arranging travel, tours, transportation and accommodations | 13 | Agents or operators arranging travel, tours, transportation and accommodations | |
| User Generated Content (Social Media) | 5969 | EDD Required | User generated content; includes personal disclosures, marketing, sales, and other online communication and messages. | 2, 4, 8 | User generated content; includes personal disclosures, marketing, sales, and other online communication and messages. | |
| Vehicle Sales/Dealerships | 5511, 5521, 5551, 5571, 5592, 5599 | EDD Required | Vehicle sales from privately-owned dealerships, public dealerships, and franchised dealerships. Includes automobiles, motorcycles, boats, motor homes, and recreation vehicles. | 1, 10 | 5511 - Automobile and Truck (new and used) sales; 5521 - Automobile and Truck (used only) sales; 5551 - Boat sales; 5571 - Motorcycles sales; 5592 - Motor home sales; 5599 - Miscellaneous vehicle dealers (e.g., ATV, golf carts, etc.) | |
| Warranty Services | 7399, 8999 | EDD Required | Business that sells third-party warranties, service contracts or administrative protection plans | 5, 13 | Business that sells third-party warranties, service contracts or administrative protection plans | |
| Web Hosting & Domains | 4816 | EDD Required | Web hosting services, domain registration, cloud computing, and internet service providers | 5, 4 | Web hosting services, domain registration, cloud computing, and internet service providers |
*MCC Codes are broad categories and may contain both prohibited and permitted/high risk industry categories. Moov Merchant applicants should refer to the Industry Vertical Category and Description in addition to MCC Code to determine EDD requirements or if Moov can support the use case.
**Moov may entertain Merchant Application based on business tenure, historical transaction activity, EDD.
***Example Companies are illustrative of the business type only; actual MCC assignment for any specific merchant is determined by its card-processing acquirer and may differ.