Acceptable Use Policy

You are independently responsible for complying with all applicable laws in all of your actions related to your use of WAAVE's Services, regardless of the purpose of the use. In addition, you must adhere to the terms of this Acceptable Use Policy.

Prohibited Activities

You may not use WAAVE Payments services for activities that:

1.     Violate any law, statute, ordinance, or regulation.

2.     Relate to transactions involving (a) specific DEA schedule 1 narcotics, namely heroin, gamma-hydroxybutyric acid (GHB), lysergic acid diethylamide (LSD) and methaqualone, (b) steroids, certain controlled substances, or other products that present a risk to consumer safety, (c) cigarettes, (d) items that encourage, promote, facilitate or instruct others to engage in illegal activity, (e) stolen goods including digital and virtual goods, (f) the promotion of hate, violence, racial or other forms of intolerance that are discriminatory or the financial exploitation of a crime, (g) items that are considered obscene, (h) items that infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the laws of any jurisdiction, (i) certain sexually oriented materials or services, (j) ammunition, firearms, or certain firearm parts or accessories, or (k) certain weapons or knives regulated under applicable law.

3.     Relate to transactions that (a) show the personal information of third parties in violation of applicable law, (b) support pyramid or ponzi schemes, matrix programs, other "get rich quick" schemes or certain multi-level marketing programs, (c) are associated with purchases of annuities or lottery contracts, lay-away systems, off-shore banking or transactions to finance or refinance debts funded by a credit card, (d) are for the sale of certain items before the seller has control or possession of the item, (e) are by payment processors to collect payments on behalf of merchants, (f) are associated with the sale of traveler's checks or money orders, (g) involve currency exchanges or check cashing businesses, (h) involve certain credit repair, debt settlement services, credit transactions or insurance activities, or (i) involve offering or receiving payments for the purpose of bribery or corruption.

4.     Involve the sales of products or services identified by government agencies to have a high likelihood of being fraudulent.

Business Verticals Requiring Prior Approval from WAAVE

WAAVE must pre-approve Merchants to accept payments for certain business verticals as detailed in the chart below, and WAAVE, at its sole discretion, may approve or deny such request. If a Merchant presents a single transaction to WAAVE matching this chart, said Merchant is considered to be operating in said Vertical. Merchants who attempt to process transactions in these verticals without first obtaining approval from WAAVE are subject to Account Limitation across their entire business and related businesses.

Report Violations of the Acceptable Use Policy

We encourage you to report violations of this Acceptable Use Policy to WAAVE immediately. If you have a question about whether a type of transaction may violate the Acceptable Use Policy, or wish to file a report, you can do so by emailing [email protected]