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Rho offers accounts to business owners worldwide. As a U.S. company, Rho and its affiliates must comply with federal law and regulations. For example, businesses that offer illegal services or products are not eligible to open a Rho account. In addition, certain high risk businesses may also be prohibited, such as the following industries:
Betting, casino gaming chips, etc.
Adult dating and/or escort services
Drug stores, pharmacies, and cannabis
Drugs, proprietaries and sundries
Stamp and coin stores
Quasi-cash, currency, money orders, travelers checks
Pawn shops
Bearer shares
Bail and bond payments
Currency exchange businesses
Nested MSBs/Nested money transmitters
Firework sales
Online dating services
To further reduce risk, fraud and illegal activities, Rho and its partners prohibit additional high-risk locations. For a full list of the prohibited or ineligible geographic locations, click here.