Are there any expenses Cloudfloat does not cover?
- Foreign exchange bureaus/payment companies.
- Debt collection–includes collection agencies, factoring companies, liquidators, bailiffs, and bankruptcy lawyers.
- Digital File Hosting (Cyber-lockers)–online data hosting that provides remote storage space within a secure storage architecture. They can be referred to as online storage or cloud storage.
- Telecommunications–including wireless, cable, satellite, wireline, and internet service providers.
- Travel–Including air travel, cruise line, car rental, and lodging.
- Leasing merchants. A merchant that conveys land, property, or other real estate to another for a specified time in return for a regular periodic payment.
- Payment Aggregators–except to the extent the entity itself sells goods to which it has title.
- Credit restoration services–a service that promotes removing negative factors from a consumer’s credit report.
- Fees pertaining to agency outside collection and bail bondsmen; licensed insolvency practitioners.
- Investment on futures maturity of goods/services with an intention of gaining return on investment, e.g., stock market, wine futures, horse breeding, timber investment, precious metals).
- Lottery Sales.
- Mortgage payments–a payment which includes principal and interest paid by the borrower to the lender of a home loan.
- Condo (Real estate) down-payments. Down-payment for purchase of a condominium.
- Travel tour operators–travel tour operators without membership to a travel industry bonding agency or who are not an authorised ticket agent.
- Telemarketing–travel related. Includes merchants who tele-market travel related products or services or other travel arrangements.
- Cheque cashing/guarantee. Cash at point of sales/cash on card–unauthorised cash disbursement provider or non-financial institution that provides cash advances. Pay-day lenders–establishments that lend customers money at high interest rates on agreement that loan will be repaid when the borrower receives their next paycheque.
- Person-to-person wire transfer–establishments that charge a fee to wire transfer money from one individual to another.
- Door-to-door sales–exception for payment on delivery directly to the company or to the franchisee.
- Tobacco and smokeless tobacco suppliers.
- Pharmacies–online pharmacies selling prescription drugs/products.
- Unlawful Sale of prescription drugs.
- Marijuana dispensaries–sellers of marijuana whether sold for recreational or medicinal purposes.
- Multi-level Marketing/Pyramid selling.
- Unregulated charities.
- Political party donations.
- Virtual Currency/Cryptocurrencies e.g, Bitcoin, and payments to cryptocurrency exchanges.
- Gambling–exceptions for accommodation, restaurant bar, or gift shop facilities within a casino complex.
- Prostitution. Internet Adult Digital Content–specifically, online digital content sites.
- Pornography of all forms.
- Escort Services and Non-Licensed.
- Massage Parlours.
- Rent.
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