Acceptable Use Policy

1. Purpose & Guiding Principles

This Acceptable Use Policy ("AUP") defines the mandatory rules governing all interactions with Fimpaypoint payment APIs, hosted checkouts, payment links, merchant consoles, and dedicated virtual bank accounts.

Our core infrastructure is engineered exclusively to support legitimate e-commerce, software platforms, educational institutions, retail merchants, and licensed enterprise corporations. We enforce zero tolerance for illicit transactions or activities that jeopardize our licensed banking partner networks.

2. Strictly Prohibited Business Taxonomies

You may not use Fimpaypoint to process payments, allocate virtual accounts, or facilitate transactions associated with:

3. Restricted Businesses Requiring Enhanced Review (EDD)

Certain high-volume or regulated business verticals require prior written authorization, Enhanced Due Diligence (EDD), and specialized partner bank underwriting before live account activation:

• Licensed Lending & Microfinance Institutions: Must present valid Central Bank of Nigeria (CBN) license or state money lending certificates.
• Regulated Asset Managers & Securities Brokers: Must present SEC Nigeria registration documentation.
• Charities & Non-Profit Foundations: Must provide SCUML certificate, CAC Trustee registration, and audited source-of-donations documentation.
• High-Ticket Commodity Traders: Must provide supply chain documentation and validated logistics delivery agreements.

4. Platform, Network & API Abuse

Merchants and developer integrators must not engage in any activity that damages, degrades, or circumvents the integrity of our systems:

• Card Testing & Bin Attacks: Programmatic initiation of small authorization debits to test stolen card credentials is automatically blocked and results in immediate IP blacklisting.
• Velocity Circumvention: Distributing transactions across multiple accounts (smurfing/structuring) to evade tiered KYC daily limits is strictly prohibited.
• Rate Limiting Violations: Exceeding documented API rate limit quotas or launching automated denial-of-service attempts against our endpoints.
• Re-selling Virtual Accounts: Assigning allocated dedicated virtual accounts to unverified third parties without authorization.

5. Automated Surveillance & Threat Detection

Fimpaypoint deploys automated real-time heuristics and machine learning anomaly detection to inspect all inbound collections and disbursement requests:

• Unusual spike in transaction velocity or average transaction size.
• High ratio of disputed transactions, chargebacks, or failed card authorizations (> 1.0%).
• Sudden rapid pass-through transfers where funds are instantly withdrawn within seconds of deposit.

6. Enforcement, Account Freezing & Statutory Escalation

Upon detecting a violation of this Policy, Fimpaypoint reserves the right to:

• Immediately suspend or permanently terminate merchant API credentials and dashboard access.
• Place a provisional security hold on pending custodial balances to cover potential chargeback liabilities.
• Dispatch formal Suspicious Transaction Reports (STR) to the Nigerian Financial Intelligence Unit (NFIU) and collaborate with law enforcement authorities.