What are prohibited industries for merchant account holders?

The prohibited business industries provided below are mapped out in accordance with the Genome prohibited business activity and as per the Acquiring partners' prohibited and restricted business industries list.

Prohibited business industries:

1. Multi-level marketing (MLM), Ponzi, or pyramid schemes
2. Weapons and armaments trade (Including trade, production, mediation in weapons/explosives, nuclear materials, and related technologies)
3. Forex and trading services (Includes trading in currencies, commodities, ETFs, indices, etc.)
4. Crypto/virtual asset service providers (VASPs) (Includes exchanges, wallets, ICOs, Crypto ATM's)
5. Unlicensed gambling, betting, and lottery operators
6. Adult content and services (Includes pornographic websites, escort and companion services, adult paraphernalia, and online/in-person sexual services)
7. Sale of alcohol and tobacco products (including online sales and e-cigarettes/vapes)
8. Pharmaceuticals, drug paraphernalia, and psychoactive substances
9. Trade in counterfeit or fake goods
10. Sale or trade of cultural, historical, archaeological, or rare scientific artefacts
11. Charities, non-profit, and relief organizations
12. Political, religious, and ideological organizations
13. Shell companies and entities without a physical presence (e.g., shell banks)
14. Businesses with complex, opaque, or non-transparent ownership structures
15. Pawnbrokers
16. Petroleum and petrochemical industry
17. Luxury goods trade
18. Trade in precious metals, stones, jewelry (licensed or unlicensed)
19. Trade in antiques, art, and numismatic goods
20. Sale or trade of used car parts and vehicles
21. Activities requiring or involving carbon credits
22. Mini-bond issuances and similar unregulated investment instruments
23. Payment service providers (PSPs), money remittance firms, and gateways/facilitators
24. Embassies, diplomatic offices, and consulates
25. Sale of live animals, insects, animal parts, or fluids
26. Travel agencies and timeshare sellers
27. Electronic surveillance and monitoring equipment/software
28. Sellers of THC/CBD products or cannabis seeds
29. In-game item and software key resellers
30. Sanctioned individuals or entities
31. Businesses prohibited by law in the Republic of Lithuania or the EU

iGaming customer acceptability:

Clients who appear on the Lithuania's Gaming Control Authority (GCA) list of illegal operators are prohibited. Please use the link below to cross-reference it with your client list, including Curaçao iGaming operators assisted by Cypriot payment agents. https://blokuojama.lpt.lt/wp-content/uploads/bankams.txt

Any iGaming operator without a Lithuanian GCA Remote Gambling License and the UKGC Remote casino operating license cannot accept Lithuanian and British players, respectively. Thus, their websites must have IP blocking for British and Lithuanian IPs and/or explicitly prohibit such players in the terms and conditions. Additionally, such sub-clients cannot access Lithuanian and British banks.

iGaming operators with a valid license from the list below are acceptable. Any other licenses are generally unacceptable, but individual clients can be discussed.

1. Remote gambling/casino license from any EEA country
2. Remote casino operating license from UKGC
3. Online Gaming License from Curaçao
4. Category 1 & 2 eGambling License from Alderney.
5. Online Gambling License from the Isle of Man
6. Remote Gambling License from Gibraltar

iGaming operators have effective processes and policies in place for Anti-Money Laundering, fair treatment of players, and protecting vulnerable individuals