Customers are screened at onboarding to ensure that we can deal with their business. We would love to help as many businesses as we can who sign up with Pomelo Pay, however sometimes we are bound by our regulators meaning that certain industries are outside our risk appetite and will not qualify.
Industries that do not qualify include:
Business types that we also cannot onboard include:
Partnerships, including Limited Liability Partnerships (LLPs)
Limited companies by guarantee
Community interest company (CIC)
Clubs or other non-registered organisations
Trusts, funds or Special Purpose Vehicles (SPV)
For more information on how our compliance process works, click here.