Swyftly
Swyftly

Acceptable Use Policy

Last Updated: October 25, 2025

This Acceptable Use Policy ("AUP") is part of our Merchant Terms of Service and details prohibited activities for merchants using the Swyftly payment gateway ("Services").

⚠️ Failure to comply with this AUP may result in immediate account suspension, termination, forfeiture of funds, and reporting to regulatory authorities.

1. Prohibited Activities & Businesses

You may not use the Services for any of the following:

Illegal and Non-Compliant Activities

  • Any activity that violates any law, statute, ordinance, or regulation in the Philippines, including but not limited to the Anti-Money Laundering Act (AMLA), the Cybercrime Prevention Act, and consumer protection laws
  • Money laundering, terrorism financing, or pyramid schemes
  • Fraud, misrepresentation, or false advertising
  • Transactions related to illegal drugs, firearms, contraband, or other controlled substances

Regulated and High-Risk Activities (without prior approval and licensure)

  • Gambling: Online gambling, betting, or games of chance without a valid, current license from PAGCOR
  • Virtual Assets: Transactions involving cryptocurrencies or other virtual assets without a valid VASP (Virtual Asset Service Provider) registration from the BSP
  • Financial Services: Lending, or investments without an SEC or BSP license

Offensive and Harmful Content

  • Adult, pornographic, or obscene materials or services
  • Content that promotes hate, violence, or discrimination

Other Prohibited Uses

  • Transactions that do not represent a genuine, bona fide sale of goods or services by the Merchant
  • Any attempt to reverse engineer, copy, or modify Swyftly's systems, code, or APIs

2. Compliance and Audit

You must cooperate with all Swyftly and/or BSP requests for information, audits, or investigations into your compliance with this AUP.

3. Enforcement

If we determine, in our sole discretion, that you have violated this AUP, we may take one or more of the following actions:

  • Immediately suspend or terminate your Merchant Account
  • Hold or freeze your settlements and reserves
  • Report the activity to the BSP, AMLC, NBI, PNP, or other relevant authorities
  • Pursue civil or criminal liability