Issued by Krepling Inc.
Effective Date: 20th June 2025
Krepling Pay merchants must comply with all applicable laws, card brand rules (Visa, MasterCard, Amex, Discover), and banking regulations. Merchants are prohibited from:
Engaging in or facilitating illegal activity.
Offering or promoting deceptive or misleading products/services.
Submitting false, incomplete, or misleading information during onboarding or while transacting.
What This Means:
Merchants must operate legally and honestly. Krepling Pay cannot be used to process payments for illegal or misleading business activities.
These business types are automatically disqualified and cannot be approved under any circumstances.
A. Illegal or Harmful Activities
Sale of illicit drugs or synthetic substances (e.g., K2, kratom, salvia).
Child pornography or sexually exploitative content.
Hate-related, violent, or abusive products or content.
Forged identification or government documentation.
What This Means:
Merchants cannot sell illegal drugs, promote hate, or distribute fake documents.
B. Adult and Obscene Content
Pornography, adult videos, images, and toys.
Escort services, dating services involving sexual interaction.
Mail-order brides or any sexual matchmaking platform.
What This Means:
Adult entertainment or adult product sellers are not allowed on Krepling Pay.
C. High-Risk Financial Services
Credit repair and credit monitoring services.
Payday loans, title loans, check cashing, currency exchange.
Money service businesses (MSBs), remittances.
What This Means:
Krepling Pay is not for financial services involving loans, cash advances, or currency transactions.
D. Deceptive Marketing Practices
Misleading free trials, negative option billing.
Pre-checked opt-ins or hidden fees.
Pyramid schemes and multi-level marketing (MLM).
What This Means:
All offers must be clearly explained. Deceptive or confusing pricing is not accepted.
E. Gambling and Speculative Businesses
Online gambling, sports betting, or odds services.
Cryptocurrency exchanges, trading platforms, mining.
High-yield investment programs and speculative stocks.
What This Means:
Krepling Pay does not support betting, trading, or financial speculation.
F. Non-Compliant Sales Channels
Aggregators, and payment facilitators.
Telemarketing (inbound or outbound).
Door-to-door or postcard-based lead generators.
What This Means:
Merchants must not act as middlemen or use high-risk sales tactics.
G. Internet Sales of Restricted Goods
Firearms, ammunition, and related accessories.
Tobacco, vapes, e-cigarettes sold online or via phone.
Non-FDA-approved pharmaceuticals or supplements.
What This Means:
Merchants cannot sell items that require special licenses or are banned from online sales.
Merchants in these categories are eligible only after enhanced due diligence:
Supplements and health/beauty products
Seminars, life coaching, or business consulting
Affiliate marketing services
Travel services, ticketing, timeshare resales
Jewelry, electronics, custom merchandise
Required Documentation:
Know Your Customer (KYC) verification (Exhibit A).
Domain inspection..
Personal guarantee from business owner(s).
Three months of payment processing statements.
Two years of financial statements (for high-volume merchants only).
Clear refund, cancellation, and pricing disclosures.
What This Means:
These industries carry more risk, so Krepling must verify legitimacy and financial stability before approval.
B2B Requirements:
No future delivery of goods or services.
Invoice billing must be clear and verifiable.
Cannot fall under excluded categories.
What This Means:
B2B companies must deliver products/services right away and follow clear billing practices.
Non-Profit / Political Organizations:
Must provide IRS 501(c)(3) status or state registration documents.
May require financials if delivery is over 30 days.
What This Means:
Charities and political groups must prove legal status and may need to show finances.
Krepling Pay cannot be used by merchants who:
Have excessive chargebacks or refund activity.
Are listed on the MATCH (Member Alert to Control High-Risk Merchants) list.
Engage in activities that damage card network reputations.
What This Means:
If a merchant is blacklisted or receives too many complaints, they are disqualified.
Merchants must not:
Use data pass or share customer data with third parties.
Provide access to file lockers or pirated content platforms.
What This Means:
Merchants must not misuse customer data or offer illegal downloads.
Krepling Inc. may update this policy based on:
New regulations or legal changes.
Card network or sponsor bank requirements.
Krepling’s internal risk reviews.
What This Means:
This policy can change, and it is the merchant’s responsibility to stay updated.
To report a violation of this policy, contact: compliance@krepling.com
What This Means:
If someone is breaking the rules, report it. Krepling will investigate and take action if needed.
