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.
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. On Wed, Jan 5, 2022 at 6:12 AM Oren Yehezkely <oren...@gmail.com> wrote: > Hello, > > Happy New Year everyone. > > 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. > As if VoIP is some kind of an illegal substance. > I am confident that when it comes to larger players they are not defined > as a VoIP business... > > One company (Wise/Wisetransfer) even claimed that their regulation > requires them to do that. > > I wonder if you have any more information and how do you deal with this. > > Thanks, > Oren > _______________________________________________ > VoiceOps mailing list > VoiceOps@voiceops.org > https://puck.nether.net/mailman/listinfo/voiceops >
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