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All Merchants must comply to the following

Azupay maintains certain rules and standards that are required to be met for an organisation to become a client. These are as follows:

• Not on the Azupay Prohibited List - The client is not on the Azupay Prohibited Industries List (See below).
• Australian ABN & Bank Account - Clients must hold an ABN and/or ACN and Australian Bank account matching their legal entity name.
• Australian Registered Office - The client can be foreign owned (i.e., Australian branch of Ikea) but must have a registered office in Australia (ASIC registration) and an Australian Business Number (ABN).
• No Illegal Practices - Clients must not have business relationships where you suspect that their payment products or services might be used for illegal purposes.
• No Sanctions applicable - Clients must not be an entity where the company, person or entity is subject to Australian autonomous sanctions or UN Security Sanctions.
• No Complex Ownership Structures - Clients must not have complex business ownership structure with no legitimate commercial rational.
• Not an Unincorporated Association - Clients cannot be an unincorporated association (a group of people working towards a common purpose without being a separate legal entity. e.g., local music groups, social groups).
• PCI/DSS Compliant PSP’s - Card Acquiring Payment Service Providers which process, transmit or store cardholder data must only be used if they are fully PCIDSS compliant.
• Foreign Exchange Remitter to High-Risk Destination Countries - The client should not send funds overseas to countries that are deemed not suitable by AUSTRAC for reasons such as potential funding of terrorism. Any remitter sending funds to any of these countries will be assessed separately and will be determined if they are suitable to be brought on as an Azupay customer (See list of countries below).

🏭 Prohibited Industries List

*Effective 8th August 2024