What types of businesses does Winvesta restrict?

Winvesta does not support the following businesses:

  • Weapons / military-grade security
  • Multi-level marketing
  • Pawnbrokers [MCC: 5933 - Pawn Shops]
  • Political organizations [MCC: 8651 - Organizations, Political]
  • Precious metals and stones, including diamond traders [MCC: 5094 - Precious Stones and Metals, Watches and Jewelry]
  • Unauthorized resale of luxury goods - including watch traders
  • Adult entertainment
  • Drug paraphernalia
  • CBD and related products 
  • Carbon credits, including carbon credits traders
  • Cryptoassets
  • Gambling [MCC: 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off - track Betting and Wagers)]
  • Ponzi / pyramid schemes
  • Firms involved in the servicing of illegal goods/services, including but not limited to counterfeit goods/trademark infringement, human trafficking, child labour, and prostitution.
  • Mining and extraction
  • Scrap metal traders
  • Energy traders
  • Speculative trading
  • Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘layering.’
  • Shell banks
  • Unregistered charities
  • Chemicals
  • FDA-classified medical devices 
  • Medications or prescription drugs
  • Alcohol [MCC: 5813 - Drinking Places (Alcoholic Beverages), Bars, Taverns, Cocktail lounges, Nightclubs and Discotheques]
  • Tobacco [MCC: 5993 - Cigar Stores and Stands]
  • Dietary supplements
  • Seeds or plants [MCC: 5193 - Florists Supplies, Nursery Stock, and Flowers]
  • Regulated financial services
  • Outbound telemarketing [MCC: 5966 - Direct Marketing-Outbound Telemarketing Merchants]

    If you're unsure whether your business activities are supported or if you need further clarification, feel free to contact us at support@winvesta.in and we’ll be happy to assist!