For your protection, certain transactions are restricted on Float cards. This is to ensure the use of Float cards aligns with the following:
- Our legal and regulatory requirements
- Our commitment to the growth and success of your business
- Our values system and corporate social responsibility
Below is the list of prohibited and restricted transactions on Float cards for each of its card programs.
- Prohibited: these transactions will not allowed on Float
- Restricted: these transactions are generally not allowed on Float but there may be a few exceptions
| Prohibited & Restricted Transactions | Float CAD Card Program | Float USD Card Program |
| Wire transfer, Money Order, Money transfer | Restricted | Prohibited |
| Outbound telemarketing / Direct Marketing | Prohibited | Prohibited |
| Transactions for Securities , | Prohibited | Prohibited |
| Transactions with Brokers or Dealers | Restricted | Restricted |
|
Transactions with Check cashers; including Traveller's checks (issuer, seller, or redeemer) |
Prohibited | Prohibited |
| Transactions with Cryptocurrency companies or other Quasi Cash Merchant | Prohibited | Prohibited |
| Transactions with Financial institutions | Prohibited | Prohibited |
| Transactions with Quasi-cash merchants | Prohibited | Prohibited |
| Transactions with Payday lenders | Prohibited | Prohibited |
| Transactions for overpayments | Prohibited | Prohibited |
| Transactions for Debt collection or with Debt facilitators | Prohibited | Prohibited |
| Transactions related to Gambling, Betting, Lotteries and at Casinos | Prohibited | Prohibited |
| Transactions with Dating Services and other Adult Entertainment | Prohibited | Prohibited |
| Transactions with Massage Parlors | Prohibited | Prohibited |
| Transactions with U.S Postal Service | Not Prohibited | Prohibited |
| Transactions with Marijuana-based businesses | Not Prohibited | Prohibited |
| Transactions for the purchase of Nutraceuticals | Not Prohibited | Prohibited |
| Transactions for the Purchase of Prescription Drugs | Not Prohibited | Prohibited |
| Transactions with Pawn Shops | Prohibited | Prohibited |
| Transactions for the promotion of Racism, Sexism, Bigotry, Homophobia, Transphobia, Bullying or the general promotion of hate towards any persons | Prohibited | Prohibited |
This list is constantly reviewed and updated to reflect the most accurate information. Prohibited and restricted transactions may be removed and updated based on changes in our legal and regulatory environment, our macro-environment or micro-environment.
For any questions, please reach out to our support team at support@floatcard.com