<div dir="ltr">I'm not aware of some VoIP banking issue in the US, but you didn't specify the country. I've never heard of Wise. But I don't think "VoIP" is an industry, category, or business type. We always choose "telecom" as the type. Paypal and Amex recently made a change where if you choose telecom as your industry, you cannot use Paypal enhanced payments (new system) along with Amex and with third party billing solutions. What a weird combo, and a pain. We appealed and have no response, but someone just told me yesterday that they paid with an Amex.<div><br></div><div>Individual companies may have their own policies, like this. Wells Fargo and Chase, I can tell you from experience, is happy to have our business.</div><div><br></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Wed, Jan 5, 2022 at 6:12 AM Oren Yehezkely <<a href="mailto:orenyny@gmail.com">orenyny@gmail.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="ltr">Hello,<div><br></div><div>Happy New Year everyone.</div><div><br></div><div>I recently became aware of the fact that banks (and financial institutions) define any business that merely mentions the word VoIP as restricted. Meaning they would not allow such a business to work with them.</div><div>As if VoIP is some kind of an illegal substance.</div><div>I am confident that when it comes to larger players they are not defined as a VoIP business...</div><div><br></div><div>One company (Wise/Wisetransfer) even claimed that their regulation requires them to do that.</div><div><br></div><div>I wonder if you have any more information and how do you deal with this.</div><div><br></div><div>Thanks,</div><div>Oren</div></div>
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