The technological infrastructure of Lumx cannot be used in the following cases, and Lumx prohibits involvement with:
llegal activities: any operation engaged in unlawful activities or that promotes abuse or exploitation.
Fraud and deception: businesses involved in scams, fraud, or misleading activities.
Unregulated gambling and betting: betting companies and casinos that lack the necessary licenses and regulatory approvals in Brazil.
Unregulated financial services: businesses offering credit, investment advisory, financial services, or similar operations without proper authorization from the central bank of Brazil, CVM, or other competent regulatory authorities.
High-risk products: the trade of counterfeit goods, unauthorized merchandise, illicit substances, or products prohibited by law.
Unregulated investment or credit services: offering investment products, credit, or financing without the required licenses and regulatory compliance.
Loan and bail services: operating payday loans, private lending, or bail services without proper legal registration and authorization.
Unlicensed payment and remittance services: operating currency exchange, international remittances, or similar financial services without proper registration and licensing from regulatory bodies, such as the central bank of Brazil, in violation of applicable regulations.
High financial risk businesses: any business that, at Lumx’s sole discretion, presents a high financial risk, potential legal liability, or violates payment network rules and banking policies.