QUX®️ Technologies, Inc maintains a “Know Your Customer” (KYC) standard designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing. QUX® Technologies, Inc's KYC policy involves several steps to 1) establish customer identity; 2) understand the nature of user's activities and qualify that sources of funds are legitimate; and 3) assess money laundering risks associated with users.

QUX Technologies™, QUX® Tokens and QUXPay™ are not a bank, but rather are financial technology companies.

Nothing contained in this website constitutes legal advice by these related companies. You are encouraged to consult with your legal advisors to evaluate all information provided.

QUX®️ Technologies, Inc maintains compliance with Anti-Money Laundering laws (AML) and U.S. Department of Treasury's Financial Crimes Enforcement Network (FinCEN) through internal audits of all QUX® Token purchases and redemptions. All users of QUX® Tokens who redeem over $600 per year shall receive a 1099-K or 1099-Misc form at the end of the year.

QUX® Tokens are only integral to QUXPay™ and QUX® Stores. The sale of QUX® Tokens does not constitute money transmission services. Purchases of QUX® Tokens are necessary to use QUXPay™ and QUX® Stores.

In order to use QUX® Tokens, one must register and create an account through QUXPay™ or the QUX® General Dashboard. QUX® Tokens can only be purchased or redeemed through a registered user’s bank account(s). QUXPay™ and QUX® Stores can only be used to purchase or redeem QUX® Tokens through QUX®️ Technologies, Inc.

QUX®️ Technologies, Inc limits the purchase of QUX® Tokens of any user to 2,000 in any one day. QUX® Tokens, QUXPay™ and QUX® Store policies and procedures limited QUX® Token redemptions to 10,000 or less from any one user in any one day.

QUX Technologies™, QUX® Tokens and QUXPay™ have a Privacy Policy that the collection and use of information that is collected as data will not be distributed to third parties without consent of the customer. QUX Technologies™, QUX® Tokens and QUXPay™ do not have regulator endorsements, implied or expressed related to information contained herein or related to QUX Technologies™, QUX® Tokens and QUXPay™.

QUX Technologies™, QUX® Tokens and QUXPay™ strive to insure that its services are accessible to people with disabilities.