Terms of Use

Last update: June 24, 2026

Last Updated: 11 May 2026

These Terms and Conditions constitute a legally binding agreement between FuncCards Association, a Swiss association with its seat in the Canton of Zug, Switzerland, smart contract address 0x56DBE60C3f9048eE1F62215A7275A855651e9e6E, together with its affiliates, contractors, agents, successors, assigns, service providers, payment partners, card program managers, sponsoring institutions, electronic money institutions, banking partners, issuing entities, processors, acquirers, licensors, and infrastructure providers, hereinafter collectively referred to as the “Company”, and any natural person, legal person, representative, beneficial owner, authorized user, employee, contractor, affiliate, partner, intermediary, or other person accessing or using the Services, hereinafter referred to as the “Client”.

By accessing the website, registering an account, funding an account, requesting issuance of a virtual or physical card, using any payment credentials, utilizing any payment functionality, or otherwise interacting with the Services in any manner whatsoever, the Client irrevocably confirms that the Client has read, understood, acknowledged, and accepted these Terms and Conditions in their entirety.

If the Client does not agree with any provision contained herein, the Client must immediately discontinue all access to and use of the Services.

1. DEFINITIONS

For the purposes of these Terms and Conditions, the following definitions shall apply:

“Account” means the electronic profile, dashboard, personal area, business area, wallet, balance interface, or other account environment assigned to the Client within the Company infrastructure.

“Affiliate” means any person or entity directly or indirectly controlling, controlled by, or under common control with the Company.

“Applicable Law” means all laws, regulations, directives, guidance, sanctions, governmental orders, industry standards, payment network rules, compliance obligations, anti money laundering regulations, counter terrorist financing regulations, anti fraud obligations, card scheme rules, and regulatory requirements applicable to the Company, the Client, the Services, or any transaction.

“Balance” means the informational representation of available funds reflected in the Account.

“BIN” means a bank identification number associated with card issuance.

“Card” means any virtual card, payment credential, tokenized card, debit card, prepaid card, payment instrument, account number, or related payment credential issued or made available through the Services.

“Cardholder” means any person authorized or permitted by the Client to use a Card.

“Chargeback” means any dispute, reversal, retrieval request, refund request, payment reversal, cardholder dispute, arbitration, or other payment network dispute process.

“Company” means FuncCards Association, a Swiss association with its seat in the Canton of Zug, Switzerland, smart contract address 0x56DBE60C3f9048eE1F62215A7275A855651e9e6E and all associated entities and service providers.

“Issuer” means any financial institution, electronic money institution, payment institution, banking partner, sponsoring bank, card scheme member, processor, or regulated entity responsible for issuance or support of Cards.

“KYC” means know your customer procedures.

“Platform” means the website, dashboard, application programming interfaces, mobile applications, software, infrastructure, and related systems operated or made available by the Company.

“Restricted Activity” means any activity prohibited under these Terms and Conditions, Applicable Law, payment network rules, internal compliance rules, or risk management procedures.

“Services” means all products, services, software, functionality, payment tools, virtual cards, balances, APIs, payment processing solutions, advertising payment solutions, card issuance services, account management services, treasury functionality, wallet services, and related services provided directly or indirectly by the Company.

“Support” means the internal support team designated by the Company.

“User” means the Client and any authorized representative, employee, affiliate, contractor, or other individual using the Services under the Client account.

2. NATURE OF SERVICES

2.1 The Company provides technological and administrative access to payment infrastructure intended primarily for online business payments, digital advertising expenditures, software purchases, subscription services, media buying activities, operational expenditures, and other lawful commercial activities approved by the Company.

2.2 The Company is not a bank unless explicitly stated otherwise in writing.

2.3 The Company does not guarantee uninterrupted access to any payment infrastructure, card program, banking channel, BIN, processor, or issuer.

2.4 The Company may replace, modify, suspend, terminate, rotate, restrict, or discontinue any card program, BIN, issuer, processor, acquiring channel, or service provider at any time without prior notice.

2.5 The Company acts exclusively as an intermediary technological platform and administrative coordinator.

2.6 The Client expressly acknowledges and agrees that underlying issuing entities, payment institutions, banking partners, processors, and card schemes may impose independent restrictions, limitations, reviews, reserve requirements, compliance procedures, freezes, holds, or investigations.

2.7 The Client expressly acknowledges that the Company does not control decisions made by card issuers, correspondent banks, acquiring institutions, payment networks, regulators, or governmental authorities.

2.8 All Services are provided on an “as is” and “as available” basis.

3. ELIGIBILITY

3.1 The Services may only be used by persons who are at least eighteen years old and possess full legal capacity.

3.2 By using the Services, the Client represents and warrants that:

(a) all information provided is complete, accurate, truthful, and current;

(b) the Client possesses all required corporate approvals and authority;

(d) the Client is not subject to sanctions, restrictions, investigations, or enforcement actions;

(e) the Client will use the Services solely for lawful purposes;

(f) the Client is not acting on behalf of undisclosed third parties;

(g) all funds used within the Services are derived from lawful sources.

3.3 The Company may reject any application or registration without explanation.

3.4 The Company may require enhanced due diligence, source of funds verification, source of wealth verification, corporate documentation, beneficial ownership documentation, video verification, or any additional information at any time.

4. ACCOUNT REGISTRATION

4.1 The Client shall provide all information requested by the Company.

4.2 The Company may request:

(a) passports;

(b) identification cards;

(d) incorporation documents;

(e) shareholder registers;

(f) bank statements;

(g) tax documents;

(h) invoices;

(i) contracts;

(j) advertising account screenshots;

(k) transaction explanations;

(l) source of funds evidence;

(m) video verification;

(n) selfies;

(o) declarations;

(p) notarized documents;

(q) apostilled documents.

4.3 Failure to provide requested information may result in immediate suspension, limitation, reserve placement, withholding, or termination.

4.4 The Company may rely on third party verification providers.

4.5 The Client authorizes the Company to conduct investigations, compliance reviews, screening procedures, fraud checks, sanctions checks, and ongoing monitoring.

4.6 The Company may share information with financial institutions, payment networks, compliance vendors, regulators, law enforcement agencies, or counterparties where deemed appropriate by the Company.

5. ACCOUNT SECURITY

5.1 The Client is solely responsible for maintaining confidentiality of login credentials, passwords, tokens, authentication codes, API keys, session credentials, and payment credentials.

5.2 Any action performed through the Account shall be deemed authorized by the Client.

5.3 The Company bears no liability for unauthorized access resulting from:

(a) credential compromise;

(b) phishing;

(d) device compromise;

(e) insider actions;

(f) credential sharing;

(g) social engineering;

(h) inadequate operational security.

5.4 The Client shall immediately notify Support regarding suspected unauthorized access.

5.5 The Company may suspend access pending investigation.

6. CARD ISSUANCE

6.1 The Company may issue virtual or physical Cards.

6.2 The Company may refuse issuance without explanation.

6.3 Card fees, top up fees, processing fees, reserve requirements, decline fees, inactivity fees, maintenance fees, and other charges may apply.

6.4 The Company may modify pricing at any time.

6.5 Cards remain property of the applicable Issuer and payment network.

6.6 The Company may suspend, terminate, rotate, replace, or cancel Cards at any time.

6.7 The Client shall not use Cards for:

(a) unlawful activity;

(b) sanctioned transactions;

(d) terrorist financing;

(e) fraud;

(f) misleading advertising;

(g) deceptive business practices;

(h) intellectual property infringement;

(i) prohibited verticals;

(j) malware;

(k) phishing;

(l) unauthorized subscription activity;

(m) card testing;

(n) cash advance activity;

(o) unauthorized aggregation;

(p) abusive payment behavior.

6.8 The Company may establish transaction limits, velocity limits, merchant restrictions, geographic restrictions, MCC restrictions, reserve requirements, or any other operational limitation.

7. STRICT SUPPORT CHANNEL REQUIREMENT

7.1 The Client expressly acknowledges and agrees that all communication concerning the Services, Cards, balances, disputes, freezes, declines, reserves, payment reversals, investigations, compliance reviews, technical issues, chargebacks, refunds, card functionality, or any other matter shall be conducted exclusively through Support.

7.2 The Client is strictly prohibited from directly contacting, attempting to contact, communicating with, harassing, approaching, bypassing, or otherwise interacting with any Issuer, sponsoring bank, processor, payment institution, acquiring institution, card scheme, compliance provider, liquidity provider, banking partner, correspondent institution, infrastructure provider, employee, contractor, or affiliate associated with the Services.

7.3 Any attempt by the Client to independently contact or interfere with any Issuer or infrastructure provider shall constitute a material breach of these Terms and Conditions.

7.4 Upon any violation of this Section, the Company may immediately:

(a) suspend the Account;

(b) terminate the Account;

(d) confiscate promotional balances;

(e) reject refund requests;

(f) refuse further Services;

(g) report the conduct to counterparties;

(h) place the Client on internal blacklists.

7.5 In the event of violation of this Section, the Client shall have no right to any refund, reimbursement, compensation, recovery, damages, or restoration of access.

7.6 The Client expressly waives any right to independently negotiate, dispute, challenge, or otherwise communicate with any underlying Issuer or infrastructure provider.

7.7 The Client acknowledges that all operational decisions, dispute determinations, compliance determinations, reserve determinations, refund determinations, and account status determinations shall be communicated solely by Support.

7.8 The Client agrees that determinations made by Support shall be final, binding, non appealable, and conclusive.

8. FUNDING AND BALANCES

8.1 Accounts may be funded using methods approved by the Company.

8.2 The Company may accept cryptocurrency transfers, bank transfers, stablecoins, digital assets, or other funding methods.

8.3 Cryptocurrency transactions are irreversible.

8.4 The Client bears sole responsibility for:

(a) wallet addresses;

(b) blockchain compatibility;

(d) transaction timing;

(e) blockchain confirmations;

(f) transfer errors.

8.5 The Company bears no responsibility for incorrectly sent cryptocurrency transfers.

8.6 The Company may impose rolling reserves, delayed settlement, withdrawal restrictions, or compliance holds.

8.7 Balances reflected within the Platform are informational only and may be adjusted.

8.8 The Company may correct errors, reverse credits, deduct penalties, deduct losses, deduct fines, deduct chargebacks, deduct network fees, or offset liabilities at any time.

8.9 The Client authorizes the Company to debit any Account or balance associated with the Client.

9. PROHIBITED ACTIVITIES

9.1 The following activities are strictly prohibited:

(a) human trafficking;

(b) child exploitation;

(d) narcotics;

(e) counterfeit goods;

(f) sanctions evasion;

(g) unauthorized gambling;

(h) deceptive advertising;

(i) phishing;

(j) malware distribution;

(k) card testing;

(l) unauthorized subscription rebilling;

(m) fraudulent chargeback activity;

(n) identity theft;

(o) pyramid schemes;

(p) money laundering;

(q) terrorist financing;

(r) unlicensed financial services;

(s) intellectual property infringement;

(t) fake traffic generation;

(u) cloaking;

(v) unauthorized scraping;

(w) spam campaigns;

(x) synthetic identity activity;

(y) fraudulent merchant activity;

(z) abusive payment behavior.

9.2 The Company may determine in its sole discretion whether activity constitutes prohibited conduct.

9.3 The Company may immediately terminate Accounts involved in suspicious activity.

10. COMPLIANCE AND MONITORING

10.1 The Company may monitor all transactions.

10.2 The Company may delay, review, reject, freeze, reverse, report, or investigate any transaction.

10.3 The Client shall cooperate fully with all compliance requests.

10.4 The Company may request:

(a) invoices;

(b) contracts;

(d) traffic sources;

(e) merchant explanations;

(f) tax documentation;

(g) corporate records;

(h) beneficial ownership information.

10.5 Failure to cooperate may result in suspension or termination.

10.6 The Company may file suspicious activity reports without notice.

10.7 The Company may share information with law enforcement, regulators, payment schemes, processors, banks, and counterparties.

11. FEES

11.1 The Client shall pay all applicable fees.

11.2 Fees may include:

(a) issuance fees;

(b) top up fees;

(d) maintenance fees;

(e) reserve fees;

(f) withdrawal fees;

(g) dispute fees;

(h) chargeback fees;

(i) decline fees;

(j) inactivity fees;

(k) conversion fees;

(l) network fees;

(m) compliance review fees;

(n) investigation fees;

(o) recovery fees;

(p) legal fees.

11.3 The Company may deduct fees automatically.

11.4 Fees are non refundable unless expressly stated otherwise.

11.5 The Company may change fees without prior notice.

12. NO LIABILITY

12.1 To the maximum extent permitted by Applicable Law, the Company disclaims all liability.

12.2 The Company shall not be liable for:

(a) declined transactions;

(b) frozen funds;

(d) chargebacks;

(e) payment reversals;

(f) processor interruptions;

(g) issuer decisions;

(h) bank decisions;

(i) advertising account bans;

(j) advertising account restrictions;

(k) lost profits;

(l) reputational harm;

(m) business interruption;

(n) consequential damages;

(o) indirect damages;

(p) special damages;

(q) punitive damages;

(r) exemplary damages;

(s) data loss;

(t) cybersecurity incidents;

(u) force majeure events;

(v) third party actions;

(w) regulatory actions;

(x) sanctions enforcement;

(y) network outages;

(z) technical malfunctions.

12.3 The Company does not guarantee:

(a) card acceptance;

(b) transaction approval;

(d) compatibility with advertising platforms;

(e) issuer continuity;

(f) processor continuity;

(g) BIN continuity.

12.4 The Client assumes all risks associated with use of the Services.

12.5 The Client expressly acknowledges that advertising platforms, payment processors, acquiring banks, and card schemes maintain independent risk systems and policies.

12.6 The Company shall not be liable for:

(a) Meta account bans;

(b) Google Ads restrictions;

(d) merchant account closures;

(e) fraud scoring;

(f) automated risk decisions.

13. CLIENT RESPONSIBILITY

13.1 The Client bears sole responsibility for:

(a) all transactions;

(b) all Card usage;

(d) all advertising content;

(e) all merchant relationships;

(f) all tax obligations;

(g) all regulatory compliance;

(h) all disputes;

(i) all losses;

(j) all penalties;

(k) all chargebacks;

(l) all fines;

(m) all claims.

13.2 The Client shall independently resolve all disputes with merchants, advertisers, networks, vendors, customers, counterparties, contractors, and third parties.

13.3 The Company has no obligation to participate in disputes.

13.4 The Client shall indemnify and hold harmless the Company from any claim.

14. DISPUTES AND CHARGEBACKS

14.1 All disputes must be submitted exclusively through Support.

14.2 The Client shall not directly contact issuers, banks, processors, card schemes, or counterparties.

14.3 The Company may decline to pursue any dispute.

14.4 The Company may require documentation before reviewing disputes.

14.5 The Company retains sole discretion regarding:

(a) dispute eligibility;

(b) dispute handling;

(d) chargeback submissions;

(e) refund decisions.

14.6 The Company makes no representation that any dispute will be successful.

14.7 The Client acknowledges that payment networks and issuers maintain independent decision making authority.

14.8 Support decisions shall be final.

15. REFUNDS

15.1 Refunds are not guaranteed.

15.2 The Company may refuse refunds for any reason.

15.3 Refund requests must be submitted through Support.

15.4 Refunds may be delayed due to:

(a) compliance reviews;

(b) issuer reviews;

(d) fraud reviews;

(e) sanctions reviews;

(f) legal obligations.

15.5 Refunds may be denied where:

(a) prohibited activity is suspected;

(b) chargebacks exist;

(d) reserves exist;

(e) the Client breached these Terms and Conditions.

15.6 The Company may require extensive verification prior to any refund.

15.7 Processing fees, network fees, blockchain fees, and operational costs may be deducted from refunds.

15.8 Refunds may be paid only through methods determined by the Company.

16. RESERVES AND HOLDS

16.1 The Company may impose rolling reserves or fixed reserves.

16.2 The Company may freeze balances where:

(a) suspicious activity exists;

(b) compliance reviews exist;

(d) chargeback exposure exists;

(e) fraud exposure exists;

(f) issuer requests exist;

(g) regulatory requests exist.

16.3 Reserve periods may extend indefinitely where required by counterparties or regulators.

16.4 The Company shall not be liable for losses arising from reserves or holds.

17. TERMINATION

17.1 The Company may suspend or terminate any Account at any time.

17.2 Grounds for termination include:

(a) breach of these Terms and Conditions;

(b) suspicious activity;

(d) excessive disputes;

(e) reputational risk;

(f) compliance concerns;

(g) issuer concerns;

(h) fraud indicators;

(i) sanctions exposure;

(j) direct issuer contact attempts.

17.3 Upon termination, the Company may:

(a) freeze balances;

(b) maintain reserves;

(d) offset liabilities;

(e) report activity;

(f) reject future registrations.

17.4 The Client shall remain liable for all obligations arising prior to termination.

18. INTELLECTUAL PROPERTY

18.1 All Platform rights belong exclusively to the Company.

18.2 The Client shall not:

(a) reverse engineer;

(b) scrape;

(d) redistribute;

(e) reproduce;

(f) decompile;

(g) create derivative works.

18.3 The Company trademarks, names, logos, systems, interfaces, and branding may not be used without consent.

19. DATA PROCESSING

19.1 The Company may process personal data for:

(a) compliance;

(b) fraud prevention;

(d) operational management;

(e) analytics;

(f) reporting;

(g) investigations.

19.2 The Client consents to cross border data transfers.

19.3 The Company may retain records indefinitely where necessary.

19.4 The Company may disclose data where required or deemed appropriate.

20. COMMUNICATIONS

20.1 The Client consents to electronic communications.

20.2 Notices may be delivered through:

(a) email;

(b) dashboard notifications;

(d) messaging systems;

(e) website notices.

20.3 Communications shall be deemed received upon transmission.

20.4 The Company may record communications.

21. FORCE MAJEURE

21.1 The Company shall not be liable for delays or failures caused by:

(a) wars;

(b) sanctions;

(d) banking failures;

(e) processor outages;

(f) blockchain congestion;

(g) natural disasters;

(h) strikes;

(i) governmental actions;

(j) utility failures;

(k) internet failures;

(l) card scheme actions.

22. THIRD PARTY SERVICES

22.1 The Services may rely on third party infrastructure.

22.2 The Company does not guarantee third party performance.

22.3 The Client acknowledges that third parties may independently:

(a) decline transactions;

(b) freeze balances;

(d) terminate services;

(e) require compliance reviews.

22.4 The Company bears no responsibility for third party decisions.

23. REPRESENTATIONS AND WARRANTIES

23.1 The Client represents and warrants that:

(a) the Client possesses all necessary authority;

(b) the Client shall comply with Applicable Law;

(d) all information provided is accurate;

(e) the Client shall not damage the reputation of the Company.

23.2 The Client further represents that no User associated with the Account is:

(a) sanctioned;

(b) politically exposed without disclosure;

(d) associated with fraudulent activity.

24. INDEMNIFICATION

24.1 The Client shall fully indemnify, defend, and hold harmless the Company from any losses, liabilities, damages, penalties, fines, costs, investigations, claims, proceedings, or expenses.

24.2 Indemnified matters include:

(a) Client conduct;

(b) Card usage;

(d) merchant disputes;

(e) compliance failures;

(f) sanctions violations;

(g) fraud claims;

(h) third party claims.

24.3 The Client shall reimburse all legal expenses incurred by the Company.

25. LIMITATION OF DAMAGES

25.1 Under no circumstances shall the aggregate liability of the Company exceed the lesser of:

(a) the total fees paid by the Client during the thirty day period preceding the claim; or

(b) one hundred United States dollars.

25.2 This limitation applies regardless of the legal theory asserted.

26. GOVERNING LAW

26.1 These Terms and Conditions shall be governed by the laws determined by the Company in its sole discretion.

26.2 The Company may elect the jurisdiction applicable to any dispute.

26.3 The Client irrevocably waives objections relating to jurisdiction or venue.

26.4 The Client waives participation in class actions.

27. CONFIDENTIALITY

27.1 The Client shall maintain confidentiality of all non public information.

27.2 The Client shall not disclose:

(a) issuer identities;

(b) BIN details;

(d) compliance procedures;

(e) internal communications;

(f) pricing structures.

27.3 Unauthorized disclosure may result in immediate termination without refund.

28. NO FIDUCIARY RELATIONSHIP

28.1 Nothing herein establishes:

(a) a partnership;

(b) a fiduciary relationship;

(d) a trust relationship.

28.2 The Company owes no fiduciary duty to the Client.

29. MODIFICATIONS

29.1 The Company may modify these Terms and Conditions at any time.

29.2 Updated versions become effective immediately upon publication.

29.3 Continued use constitutes acceptance.

30. ASSIGNMENT

30.1 The Company may assign rights and obligations without consent.

30.2 The Client may not assign rights without prior written approval.

31. SURVIVAL

31.1 Provisions relating to liability, indemnification, confidentiality, dispute resolution, compliance, and payment obligations shall survive termination.

32. ENTIRE AGREEMENT

32.1 These Terms and Conditions constitute the entire agreement between the Parties.

32.2 Any prior discussions, representations, or understandings are superseded.

33. SEVERABILITY

33.1 If any provision is deemed unenforceable, remaining provisions shall remain effective.

34. NO WAIVER

34.1 Failure to enforce any provision shall not constitute waiver.

35. FINAL ACKNOWLEDGEMENTS

35.1 The Client expressly acknowledges and agrees that:

(a) all Services involve elevated financial, operational, compliance, regulatory, and counterparty risks;

(b) the Company bears no responsibility for actions or omissions of issuers, banks, processors, payment networks, regulators, or merchants;

(d) direct communication with any issuer or infrastructure provider is strictly prohibited;

(e) violation of the prohibition on direct communication shall result in immediate suspension or termination without refund;

(f) all decisions made by Support are final and binding;

(g) the Client bears sole responsibility for all activity associated with the Account;

(h) the Company may freeze, withhold, reserve, offset, or refuse release of funds where deemed necessary;

(i) the Client uses the Services entirely at its own risk.

35.2 By continuing to use the Services, the Client irrevocably confirms full acceptance of these Terms and Conditions.