MYOB PAYBY SUPPORT

Prohibited Businesses

Merchant Account Risk

The risk surrounding transaction processing is complex, which means there are a number of variables that determine merchant risk. Here are just a few: the merchant's longevity and financial stability, industry, business model, billing method, products sold / services offered, and previous processing history.

The following categories of businesses and business practices are prohibited from using the MYOB PayBy Service ("Prohibited Businesses"). The types of businesses listed in the right column are representative, but not exhaustive. If you are uncertain as to whether your business is a Prohibited Business, or have questions about how these requirements apply to you, please  contact us.

MCC Description
5967 & 7841

Non-face-to-face adult content and services Merchants

A non-face-to-face adult content  and services Transaction occurs when a consumer uses an Account in a card-not-present environment to purchase adult content or services, which may include but is not limited to website access; streaming video; and videotape and DVD rentals and sales.

5122 & 5912

Non-face-to-face pharmaceutical Merchants

A non-face-to-face pharmaceutical Transaction occurs in a Card-not-present environment when a consumer uses an Account to purchase prescription medicines from a Merchant whose primary business is non-face-to-face selling of prescription drugs.

5993

Non-face-to-face tobacco product Merchants

A non-face-to-face tobacco product Transaction occurs in a Card-not-present environment when a consumer uses an Account to purchase tobacco products (including, but not limited to cigarettes, cigars, or loose tobacco) from a Merchant whose primary business is non-face-to-face selling of tobacco products.

6211

Securities & Broker Dealers

Mastercard considers any securities merchant that facilitates one or more of the following activities as a high-risk securities merchant; Binary options trading, CFD, Forex currency options trading, Cryptocurrency Options trading, ICO's.

We’ll be adding regular updates to this support page so come back to stay up to date.

Last modified date 5th December 2018