Restricted Businesses
LightspeedPay does not provide services to businesses engaged in certain restricted activities. Please review this list to ensure your business is eligible for our services.
Important Notice
LightspeedPay is committed to maintaining a safe and compliant payment ecosystem. We do not provide payment processing services to businesses engaged in activities that violate laws, regulations, or our acceptable use policies.
Restricted Business Categories
The following types of businesses and activities are prohibited from using LightspeedPay services:
Adult Content & Services
- Adult entertainment websites
- Adult video streaming services
- Adult novelty stores
- Escort services
- Adult dating services
Counterfeit & Replica Goods
- Fake designer products
- Counterfeit electronics
- Replica luxury items
- Knock-off merchandise
- Pirated software or media
Cyberlockers & File Sharing
- File hosting for illegal content
- Pirated media distribution
- Copyright infringing services
- Illegal streaming platforms
- Torrent sites
Financial Services
- Unlicensed money transmission
- Cryptocurrency exchanges (unlicensed)
- Investment schemes
- Pyramid schemes
- Unauthorized financial advice
Gambling & Gaming
- Online casinos
- Sports betting platforms
- Poker sites
- Lottery services
- Gambling apps
High Pressure Sales
- Timeshare sales
- High-pressure marketing
- Boiler room operations
- Telemarketing scams
- Deceptive sales practices
Illegal Activities
- Drug paraphernalia
- Weapons or ammunition
- Illegal substances
- Stolen goods
- Fraudulent activities
Investment Opportunities
- Unregistered securities
- Investment scams
- Forex trading (unlicensed)
- Binary options
- Crowdfunding scams
Lifetime Products
- Guaranteed lifetime products
- Deceptive lifetime warranties
- Products with unrealistic claims
- Misleading guarantees
- Impossible refund policies
Additional Restrictions
In addition to the above categories, we may restrict services for:
- Businesses that violate intellectual property rights
- Services that promote hate, violence, or discrimination
- Activities that harm public health or safety
- Businesses that engage in deceptive practices
- Services that violate consumer protection laws
Verification Process
All businesses undergo a thorough verification process before being approved for our services. We may request additional documentation or information to ensure compliance with our policies and applicable regulations.
Consequences of Violation
Businesses found to be engaged in restricted activities may face:
- Immediate account suspension
- Termination of services
- Reporting to relevant authorities
- Legal action if necessary
Questions About Restrictions?
If you're unsure whether your business falls into a restricted category, please contact our compliance team for clarification before applying for services.
Email: sales@lightspeedpay.in
Phone: +91 9892018171
Address: NGM Techgrowth Pvt Ltd, ROYAL PALM ESTATE, GOREGAON, Mumbai, Maharashtra 400065