Privacy Policy | MAQ Payments Ltd

Legal entity

MAQ Payments Ltd
Registered in England & Wales | Company No. 16699555
Registered Office: 3rd Floor, 86–90 Paul Street, London, EC2A 4NE

All business activities are governed by the laws of England and Wales.

Stripe account acquisitions

All payment asset transfers facilitated by MAQ Payments follow a formal Asset Transfer Agreement, which includes:

Full legal documentation signed by both parties.
Structured payout schedule via UK Faster Payments.
Independent verification of ownership and eligibility.
Removal of all previous business, personal, and customer data prior to completion.

Each acquisition requires:

Proof that the account has not been used for restricted or illegal activity.
Seller confirmation that all operations were lawful and tax-compliant.
A contractual clause assigning full legal, financial, and tax liability to MAQ Payments after transfer.

We conduct every transfer in accordance with Stripe’s Terms of Service and Acceptable Use Policy, specifically:

Clause 1.1 — ownership and verification changes.
Clauses 3.1, 3.2, and 4.1 — accurate business and legal information.
Clause 7.1 — transparent operations.
Acceptable Use Policy 2.5b — lawful repurposing of payment infrastructure

Payroll-as-a-Service (PAAS)

All PAYE payroll services operated under MAQ Payments comply with:

UK PAYE regulations and HMRC reporting standards.
Secure submission via HMRC-recognised payroll software.
Payouts made through the UK Faster Payments network.
Full data protection under the UK GDPR framework.

Freelancers and contractors onboarded through MAQ Payments receive formal employment agreements establishing legitimate PAYE records and compliant income verification.

Data protection

MAQ Payments follows the principles of the UK General Data Protection Regulation (GDPR) and the Data Protection Act 2018.

All client data is stored securely and used only for lawful business purposes.
All transfers of personal or financial data occur via encrypted systems.
Sellers must delete all customer or payment data from their systems prior to any transfer.
We never share, resell, or repurpose client data outside the scope of a signed agreement.

For data removal or access requests, contact:
📧 compliance@maqpayments.com

Verification & KYC

Each transaction, whether for asset acquisition or payroll setup, undergoes a manual verification process that includes:

Identity checks for all counterparties.
Proof of legal ownership and UK residency (or company registration).
Review of payment history to confirm legitimate commercial activity.

No automated or anonymous acquisitions are accepted.

Governing law

All MAQ Payments operations, agreements, and disputes are governed by the laws of England and Wales.
Any legal proceedings shall take place within English jurisdiction.

Integrity statement

MAQ Payments is built on transparency, compliance, and mutual trust.
We do not engage in or facilitate any activity that breaches financial regulations, misrepresents ownership, or contravenes partner policies.

Every agreement is backed by a written contract, verified identity, and full compliance review — ensuring lawful, ethical, and accountable operations from start to finish.

MAQ Payments Ltd
Registered in England & Wales | Company No. 16699555
Registered Office: 3rd Floor, 86–90 Paul Street, London, EC2A 4NE
support@maqpayments.com | compliance@maqpayments.com
Payments processed via UK Faster Payments network.

Payroll submissions handled through HMRC-recognised systems.

Our commitment to compliance