Last Edited 11/25/2020
Lex Holdings Group LLC has developed this payment service (the “Service”) to make it easy for merchants to accept a large range of preferred local payment methods in many countries.
By accepting this agreement, you authorize us to hold, receive, and disburse funds on your behalf when such funds from your payment transactions settle from the payment partners. You also authorize Lex Holdings Group LLC to hold settlement funds in a deposit account pending disbursement of the funds to you in accordance with the terms of this contract. You agree that you are not entitled to any interest or other compensation associated with the settlement funds held in the deposit account pending settlement to your designated deposit account, that you have no right to direct that deposit account, and that you may not assign any interest in the deposit account. We will display the anticipated settlement in the admin dashboard that we have or are set to receive on your behalf. This settlement information does not constitute a deposit or other obligation of Lex Holdings Group LLC to you. This settlement information reflected in the Lex Holdings Group LLC management dashboard is for reporting and informational purposes only, and you are not entitled to, and have no ownership or other rights in settlement funds, until such funds are credited to your designated deposit account. Your authorizations set forth herein will remain in full force and effect until your Lex Holdings Group LLC account is closed or terminated.
We provide a global payment solution through a large range of payment methods, such as credit/debit cards, e-wallets, bank transfers, and cash payments.
It is your responsibility to determine what, if any, taxes apply to the sale of your goods and services and/or the payments you receive in connection with your use of the Service (“Taxes”). It is solely your responsibility to assess, collect, report, or remit the correct tax to the proper tax authority. We are not obligated to, nor will we determine whether Taxes apply, or calculate, collect, report, or remit any Taxes to any tax authority arising from any transaction. You acknowledge that we may make certain reports to tax authorities regarding transactions that we process and merchants to which we provide card payment services.
You are fully responsible for the security of data on your website or otherwise in your possession. You agree to comply with all applicable governmental laws and rules in connection with your collection, security and dissemination of any personal, financial, payment, or transaction information (defined as “Data”) on your website. You are also responsible for your login credentials to the Lex Holdings Group LLC management dashboard. Lex Holdings Group LLC will provide its best efforts in order to keep your account secure from fraudulent logins.
You represent to Lex Holdings Group LLC that you are in compliance with all applicable privacy laws, you have obtained all necessary rights and consents under applicable law to disclose to Lex Holdings Group LLC, or Lex Holdings Group LLC to collect, use, retain and disclose any User Data that you provide to us or authorize us to collect. As between you and Lex Holdings Group LLC, you are solely responsible for disclosing to your customers that Lex Holdings Group LLC is providing payment services for you and obtaining Data from you about such customers.
You are required to obey all laws, rules, and regulations applicable to your use of the Service (for example, those governing financial services, consumer protections, unfair competition, anti-discrimination or false advertising). In addition to any other requirements or restrictions set forth in this Agreement, you shall not: (i) utilize the payment options as a way to advance money to users via payment methods, (ii) submit any payment transactions for processing that did not arise from your sale of goods or service to a buyer customer, or acceptance of a bona fide charitable donation, (iii) act as a payment intermediary or aggregator or otherwise resell our services on behalf of any third party, (iv) send what you believe to be potentially fraudulent authorizations or fraudulent payment transaction, or (v) use Lex Holdings Group LLC in a manner that our payment partners believe you are abusing Lex Holdings Group LLC’s services and violate the applicable rules. You further agree not to, nor to permit any third party to, do any of the following: (i) access or attempt to access Lex Holdings Group LLC systems, programs or data that are not made available for public use; (ii) copy, reproduce, republish, upload, post, transmit, resell or distribute in any way material from Lex Holdings Group LLC; (iii) permit any third party to use and benefit from the Service via a rental, lease, timesharing, service bureau or other arrangement; (iv) transfer any rights granted to you under this Agreement; (v) work around any of the technical limitations of the Service, use any tool to enable features or functionalities that are otherwise disabled in the Service, or decompile, disassemble or otherwise reverse engineer the Service, except to the extent that such restriction is expressly prohibited by law; (vi) perform or attempt to perform any actions that would interfere with the proper working of the Service, prevent access to or use of the Service by our other users, or impose an unreasonable or disproportionately large load on our infrastructure; or (vii) otherwise use the Service except as expressly allowed under this section. Lex Holdings Group LLC does not allow the use of the service for the business model in the Prohibited list: Adoption agencies; Adult content, pornography and sexual related products or services (i.e.: live porn, sex chat, etc.); Alcohol, tobacco, nicotine or related products; Asbestos; Auction; Biological material of human origin (i.e.: hormones, human hair, etc.); Body parts enlargement products or services (i.e. penis and breast enlargement); Cash, paper currency or any other bearer bonds; Controlled substances and/or other products that offer risk to consumer safety; Corrosive and explosive materials, compressed gases and aerosol, inflammable liquid, oxidizing materials, flammable solids; e-wallets, prepaid credit cards, and related products and services; Debt collection; Drugs or any kind of illegal substances, including products that simulate the effects of any illegal drug; just as any substances for the manufacture of drugs and any equipment used to produce, compounding, converting, processing, preparing, conceal and consume illicit drugs; ForEx, binary options, stock market and/or investment programs or courses (assets, stocks, shares, etc.), and future investments; Gambling services, lotteries, or related services (i.e.: poker course, cash out games, etc.); Gift card; Insurance services; Invasive medical devices or equipment for invasive beauty treatments (i.e.: botox, peeling, hyaluronic acid, etc.); Live animals; Loan (including car consortium and mortgage); Medical practices; Medicines (exclusively sold by prescription or not) or any substances that are related with miraculous cure of any disease or health condition, including any hospital equipment; Military weapons and ammunition, simulacros and controlled equipment (archery, sportive weapons, hunting equipment, weapon’s replica, etc.); Multilevel marketing companies, pyramid schemes, Ponzi schemes or any program that promises profit or cashback with any deadline; Pawnshop; Poisons: liquid, solid or gas; Political parties (i.e.: campaign finance, donations and subscriptions for politicians, political causes); Precious metals, jewels or any other manufactured product made from these materials - Buying or trade; Products prohibited by local Public Health Agency, Sanitary Authority or equivalent (i.e. Anvisa, Cofepris, ISPCH, etc.); Products related to pedophilia, child pornography, nudity of minors, as well as articles in any way involving the illegal participation of minors; Products that injuries trademarks, patents, copyrights, and other intellectual property rights (i.e.: counterfeit products); Prostitution agencies; Radioactive material; Religious institutions and non-profit organizations (Donations or Charities); Sports forecasting, odds making, fantasy games and/or any kind of game that promises earning profits or bonus in any currency; Stolen products, subtracted anyway, smuggled, counterfeit, adulterated or replicated.
Merchant is obliged to provide Lex Holdings Group LLC all the information required including but not limited to its business activities and its shareholders when entering into the Merchant Agreement and thereafter on Lex Holdings Group LLC's first request. Merchant shall immediately inform Lex Holdings Group LLC in writing of any significant litigation, enforcement action, governmental inquiry, claim, or other fact that relates to the performance of these Terms, any changes to its business model (including any change of control and/or constitution), goods and/or services it sells, leases or distributes or of any changes in regulatory requirements to which it is subject (including but not limited to changes to or the revocation of the licenses it requires for the business), which might have an adverse impact/effect on Lex Holdings Group LLC’s compliance with applicable laws and any regulatory requirements. Merchant is obliged to solve the customer complaints within 7 business days. Lex Holdings Group LLC has the right to require a refund and an additional refund fee if Merchant fails to deliver the product within a promised time or ignore the reasonable requirement in 7 business days.
We reserve the right to not authorize or settle any transaction you submit which we believe is in violation of this Agreement, any other Lex Holdings Group LLC agreement, or exposes you, other Lex Holdings Group LLC users, our processors or Lex Holdings Group LLC to harm, including but not limited to fraud and other criminal acts. You are hereby granting us authorization to share information with law enforcement about you, your transactions, or your Lex Holdings Group LLC Service Account if they request it through a court order or if it is deemed illegal.
You agree that Lex Holdings Group LLC can provide disclosures and notices regarding the Service to you by posting such disclosures and notices on our website, emailing them to the email address listed in your Lex Holdings Group LLC account, or mailing them to the address listed in your Lex Holdings Group LLC Merchant Account. You also agree that electronic disclosures and notices have the same meaning and effect as if we had provided you with a paper copy. Such disclosures and notices shall be considered to be received by you within 24 hours of the time it is posted to our website or emailed to you unless we receive notice that the email was not delivered. If you receive information about others, including Cardholders, through the use of the Service, you must keep such information confidential and only use it in connection with the Service. You may not disclose or distribute any such information to a third party or use any such information for marketing purposes unless you receive the express consent of the user to do so. You may not disclose payment information to any third party, other than in connection with processing a payment for your users under this Service.
You agree that, from the time you begin processing payment with Lex Holdings Group LLC until you terminate your account with us, we may identify you as a customer of Lex Holdings Group LLC. Neither you nor we will imply any untrue sponsorship, endorsement or affiliation between you and Lex Holdings Group LLC.
We reserves the right to terminate Your use of the Lex Holdings Group LLC Service, including your Lex Holdings Group LLC account, if you violate these Terms or any other reason in our sole discretion. In the event of any termination, Lex Holdings Group LLC may delay payment to Merchant indefinitely, and may deduct from the payout any amounts necessary to satisfy any debts or obligations that result from the Merchant's account.
The information contained in this website is for general information purposes only. The information is provided by Lex Holdings Group LLC and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website. Through this website you are able to link to other websites which are not under the control of Lex Holdings Group LLC. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Every effort is made to keep the website up and running smoothly. However, Lex Holdings Group LLC takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.