This policy applies to all users, businesses, and transactions and is subject to change based on regulatory, legal, and operational requirements.
1. Prohibited Business Types
The following categories of businesses or activities are not allowed to access or use our platform under any circumstances:
Any business involved in illegal activities or products
Production or distribution of controlled substances without appropriate licensing
Human trafficking, prostitution, or escort services
Sale or distribution of counterfeit goods or intellectual property infringement
Deceptive, misleading, or predatory business models (e.g., pyramid or Ponzi schemes, multilevel marketing)
Activities involving illegal content, such as child exploitation materials
Political campaign fundraising or donation platforms
Hate groups or businesses promoting intolerance, violence, or hatred
Adult content, services, or classifieds
Weapons, arms dealing or manufacturing, firearms, munitions, explosives, or fireworks
Unlicensed money services businesses (MSBs), nested banking, or nested payment processing operations
Direct marketing operations
Abortion-related services
2. Restricted Business Activities
Some businesses may be allowed only with prior review and explicit approval. These include, but are not limited to:
Licensed Money Service Businesses (MSBs) and remittance services
Cryptocurrency-related platforms or exchanges
Regulated gambling or fantasy sports operators
Charitable organizations or NGOs
Online content or creator platforms (e.g., subscription-based streaming or tipping)
Precious metal dealers
Businesses in these categories must demonstrate proper licensing, regulatory compliance, and strong internal controls before being approved.
3. Prohibited Transactions and Usage
The following types of transactions or platform use are not allowed:
Purchase or sale of drugs, drug paraphernalia, black-market items, or substances prohibited by law
Drug paraphernalia, SARMs, peptides, and pseudo-pharmaceuticals
Use of stolen, counterfeit, or unauthorized financial information
Payments for or involvement in cybercrime, hacking, or theft-related services
Transactions related to weapons and ammunition (Corporate)
Hazardous materials and chemicals without proper regulatory clearance
Unlicensed internet pharmacies or auction sites
Unlawful access to or trade in personal or confidential data
Services involving payday loans, predatory lending, deceptive credit repair, or abusive debt-related services
Transactions related to the trade of endangered wildlife or their products
Purchase or trade of digital currencies (where prohibited by applicable regulations)
Escort services or similar platforms
Illegal or unlicensed gambling and betting
Espionage equipment, signal jammers, or blockers
Trade in human remains or body parts
Counterfeit goods or intellectual property infringement as a transaction type
Downloading, streaming, or distributing illegal or protected digital content
Materials or activities promoting intolerance, violence, or hatred
4. Geographic Restrictions
Access to or use of our services is restricted in the following countries due to legal, regulatory, and sanctions considerations.
4a. Card Issuance Restrictions
Solid cards cannot be issued to cardholders residing or registered in the following countries:
Belarus
China (Mainland)
Cuba
India
Iran
Iraq
Israel
Myanmar
Nepal
Nicaragua
North Korea
Russia
Syria
Turkey
Ukraine (including Crimea, Donetsk, and Luhansk regions)
Venezuela
Vietnam
4b. Card Spending Restrictions
Card usage is prohibited in the following countries, regardless of whether the cardholder is an individual or entity:
Cuba
Iran
North Korea
Russia
Syria
Ukraine
Venezuela
Additional jurisdictions may be restricted at our discretion based on sanctions, watchlists (e.g., FATF), or applicable law. Cardholders in countries listed on international watchlists require case-by-case review and explicit approval from our compliance team.
5. Virtual Account Prohibitions
The following restrictions apply specifically to virtual accounts on the Solid platform.
5a. Restricted Jurisdictions
Virtual accounts cannot be opened or used by end users residing or registered in the countries listed under Section 4a above.
5b. Prohibited Business Types for Virtual Accounts
Virtual accounts cannot be opened by entities engaged in the following businesses under any circumstances:
Illegal or controlled substance manufacturing or distribution, including drug paraphernalia, SARMs, peptides, and pseudo-pharmaceuticals
Human trafficking, escort services, or mail-order bride operations
Sale of counterfeit or unauthorized goods, or intellectual property infringement
Pyramid schemes, Ponzi schemes, multilevel marketing (MLM), or other deceptive practices
Production or distribution of illegal or protected digital content (e.g., child exploitation material)
Illegal gambling or unlicensed gambling and betting operations
Unlicensed MSBs, nested banking, or nested payment processing operations
Weapons, arms dealing or manufacturing, firearms, munitions, explosives, or fireworks
Adult content, services, or classifieds
Hate groups or businesses promoting intolerance, violence, or hatred
Trade in endangered or protected animals and wildlife
Abortion-related services
Direct marketing
5c. Prohibited Transaction Types for Virtual Accounts
Virtual accounts cannot be used for any of the following activities:
Unlicensed or illegal gambling and betting
Drug-related transactions, including controlled substances, drug paraphernalia, SARMs, peptides, and pseudo-pharmaceuticals
Transactions on dark web marketplaces or for hacking, cybercrime, or theft-related services
Predatory lending, deceptive credit repair, or abusive debt-related services
Unlicensed providers of licensed activities, including illegal cryptocurrency sales
Weapons, firearms, munitions, explosives, or fireworks (where restricted)
Poisonous or hazardous materials without proper regulatory clearance
Espionage equipment and signal jammers or blockers
Escort services or similar platforms
Adult content, services, or classifieds
Downloading, streaming, or distributing illegal or protected digital content
Counterfeit goods, materials, or intellectual property infringement
Trade in human remains or body parts
Materials or activities promoting intolerance, violence, or hatred
Purchase or trade of endangered species or wildlife products
Abortion-related services
Direct marketing
6. Enforcement and Monitoring
Solid reserves the right to monitor all activity on the platform. We may suspend or terminate accounts found to be engaging in any of the prohibited activities listed above.
Violations may also be reported to appropriate law enforcement or regulatory agencies where required.
Contact Us
If you have questions about whether your business or transaction is allowed, please contact our compliance team at [email protected].