No Payouts, Just Presents: Understanding Our Gifting-First Policy

Created by Samantha B., Modified on Thu, 08 Feb 2024 at 08:47 AM by Samantha B.



Introduction:

LuxyList is a Gifting-Only Platform and we cherish the joy and excitement that comes from giving and receiving gifts. Our platform is designed to make the gifting experience seamless, secure, and special for both the giver and the receiver. In line with our commitment to maintaining a safe and compliant environment, we want to clarify our stance on financial transactions, specifically regarding payouts.


Our Testing Phase:

For a brief period of time in the Spring of 2023, LuxyList explored the possibility of facilitating payouts as part of our service. This exploration was undertaken with the intent to enhance our platform's flexibility and user experience. However, during this testing phase, we encountered significant concerns related to financial compliance.


We Chose Not To Move Forward With Payouts:

After careful consideration and consultation with financial compliance experts, we made the decision to not move forward with a payout feature. Our primary goal is to ensure that LuxyList operates within the bounds of financial regulations, safeguarding our platform and our users.


LuxyList: Exclusively a Gifting Platform:

We would like to reiterate that LuxyList is, and will remain, exclusively a gifting platform. Our focus is on facilitating the exchange of gifts, allowing fans, friends, and family to send thoughtful gifts, all the while ensuring the privacy and security of all parties involved.


Not a Money Transfer Service:

LuxyList is not designed to be used as a money transfer service. Our policies strictly prohibit the use of our platform for the direct exchange of money in lieu of gifts. We are here to foster meaningful connections through the act of gifting, resulting in delightful unboxing moments and genuine expressions of gratitude.


Conclusion

We understand the lack of a payout feature may come as a disappointment to some. However, we believe that focusing on our core mission of gifting will allow us to provide the best possible experience for our community. We thank you for your understanding and for choosing LuxyList to celebrate and share in your special moments.


For any questions or further clarification, please feel free to reach out to our support team. We're here to help make your LuxyList experience as enjoyable and rewarding as possible.


Stay Luxy,

The LuxyList Team

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