Everywhere Visa is accepted, with some limitations. You can use your Spend Card for any business expense, such as inventory, equipment, and rent.
You cannot use your Spend Card for:
- Personal and household expenses
- Transactions at your own business
- ATM Cash withdrawal
- Cash transfer transactions (Paypal, Venmo, etc)
Additionally, you cannot use your card at certain types of merchants. Below are the prohibited merchant categories:
- Bitcoin and cryptocurrencies
- Securities brokers/dealers
- Dating and escort Services
- Massage parlors
- Betting/track/casino/lotto
- Non-financial institution money orders
- Wire transfer money order
- Government-owned or lotteries
- Government-licensed or other online casinos (including online gambling)
- Government-licensed or other horse/dog racing
- Colleges, junior colleges, universities, and professional schools
- Elementary and secondary schools
- Political organizations
- Religious organizations
- Civic/social/fraternal organizations
- Charitable organizations
- Bail and bond payments
- Gun and ammunition shops
- Direct marketing - Outbound telephone
Please note that your card cannot be used for transactions with foreign currency.
Parafin is a financial technology company, not a bank. Spend Cards are issued by Column N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc., and are powered by Marqeta. Approval is not guaranteed and is subject to checks. Terms and conditions apply.