Any federally or state/provincially registered business with Canada and the United States with a business banking account from and charted bank or credit union can sign up to use Clip with the exception of business lines classified as restricted.
Restricted Business Lines
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- Any business involved in the sales, distribution or manufacturing of cannabis-related products.
- Money Services Businesses as defined by FINCEN(US) and FINTRAC(Canada)
- Online gaming, gambling and sports books
- Virtiual and Cryptocurrency Exchanges, NFTs and related products
- Payment Processors
- Shell Banks
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