Tazapay

Limits

• •No daily transaction limit is stated, and the per-transaction ceilings are the same as on the Standard plan: they follow the payment method and the country, with cards at USD 15,000 and instant bank transfers at EUR 100,000.
• •There is no daily transaction limit, but every transaction has a ceiling that depends on the payment method and the currency.
• •On the collection side, cards are capped at USD 15,000 in most countries and at USD 4,000 to 4,500 in some, Chile, Colombia, Indonesia, Laos and Vietnam among them. Instant bank transfers in the EU and Sofort reach EUR 100,000, PayNow QR in Singapore USD 20,000, and PIX QR in Brazil USD 10,000.

Payments & transfers

• •For prohibited countries, the restriction covers any payment that originates from, passes through, or is delivered in them - transit alone is enough to stop a payment; the same country list also governs onboarding by country of incorporation.
• •AUD is collected over NPP, BECS, POLi, PayID or Direct Debit. Settlement is close to real time on NPP and same day on BECS.

Crypto

• •Stablecoin services are provided by a separate entity, Tazapay Canada Corp., registered as a Money Services Business with Canada's FINTRAC (M21439799); the Singapore entity, Tazapay Pte. Ltd., does not provide Digital Payment Token services.
• •Tazapay does not hold virtual assets on customers' behalf and provides no crypto investment services - only payment facilitation and onramp/offramp conversion.
• •Withdrawals are supported to both self-custody and exchange-hosted external wallets.
• •Crypto is accepted as a customer's business sector but treated as high-risk, subject to enhanced due diligence rather than being prohibited.

Business activity

• •Beyond the main prohibited sectors, the acceptable-use policy also bans a range of other business types: counterfeit items, stolen goods, human remains and body parts, espionage equipment, signal jammers, poisonous and hazardous materials, credit repair services, illegal or unlicensed investment schemes, illegal downloads, illegal or unlicensed sale of software or financial information, money changers, pawn shops, mail order bride services, outbound telemarketing, surrogacy services, tattoo and massage parlours, unlicensed tax, accounting and legal firms, shell banks and companies, pyramid or Ponzi schemes, selling likes or followers, content promoting abuse, hatred or terrorism, affiliation with religious, political or social campaigning, and any industry prohibited by card-scheme rules.
• •A few otherwise-legal categories are flagged as high-risk rather than prohibited: auctions, aroma/organic/herbal products, and beauty products and cosmetics.
• •Tazapay's prohibited and high-risk sector lists are both stated to be non-exhaustive, with each business reviewed case-by-case.

Opening an account

• •Tazapay operates as a Merchant of Record / collection agent; its Merchant Account is open to both incorporated companies and sole proprietors.

Licence & regulation

• •Has stated plans to obtain licensing in the European Union and the United Arab Emirates, not yet in place.
• •Its presence in India runs through the RBI's Rupee Drawing Arrangement framework, with Tazapay Canada Corp. as overseas principal, rather than a direct RBI license.