1.1 Overview:

These Terms and Conditions (the “Terms”) govern your use of the Cardyfie System and its associated services (collectively, the “Services”).

1.2 Acceptance:

• By accessing or using the Cardyfie System and its Services, you confirm that you have read, understood, and agreed to these Terms.
• Your continued use of the Services constitutes your acceptance of any updates or modifications to these Terms.

1.3 Eligibility:

The Cardyfie System and Services are available only to individuals who are at least 18 years old or the legal age of majority in their jurisdiction. By using the Services, you represent and warrant that you meet these eligibility requirements.

1.4 Public Offer:

• These Terms constitute a binding agreement between you and Cardyfie.
• If you do not agree with any part of these Terms, you must not use the Cardyfie System or its Services.

2.1 Regulation and Authority:

Inspirodev LLC retains the right to govern and regulate any matters not explicitly addressed in these Terms. This includes, but is not limited to, operational procedures, policies, and guidelines.

2.2 Compliance:

• By using the Cardyfie System and Services, you agree to comply with these Terms and any additional policies or regulations that may apply.
• The Terms are available on the Cardyfie website, and it is your responsibility to review them periodically.

2.3 Modification of Terms:

• Cardyfie reserves the right to modify these Terms at any time, with or without notice to you.
• Your continued use of the Cardyfie System following any changes constitutes your acceptance of the modified Terms.
• It is your responsibility to stay informed of any changes.

2.4 Administrator’s Discretion:

The Administrator of the Cardyfie System has the discretion to implement, amend, or revoke policies or regulations at any time, provided such changes are consistent with the overall purpose of these Terms.

3.1. Account:

A virtual profile created by a Customer within the Cardyfie System, established in accordance with these Terms. Unless otherwise specified, "Account" refers to a Personal Account.

3.2. Applicant:

An individual who expresses an intention to create an Account and initiates the registration process through the Cardyfie System.

3.3. Authorization Details:

The combination of Login and Password used to authenticate a user’s identity within the Cardyfie System.

3.4. Authorization:

The process by which a user’s identity is verified using their Login and Password.

3.5. Chargeback:

The procedure initiated by a cardholder to reverse a bank card transaction through their bank.

3.6. Contact Details:

Information provided by a Customer, including but not limited to, email address, used for communication purposes within the Cardyfie System.

3.7. Customer:

An individual who has successfully registered and created an Account, and is authorized to use the Cardyfie System and Services in accordance with these Terms.

3.8. Dormant Account:

An Account that has not been accessed or logged into for a period of one year or more.

3.9. Fees:

Charges imposed by Cardyfie for providing the System Services to a Customer.

3.10. Funds:

Electronic currency held by a Customer and recorded within the Customer’s Wallet.

3.11. Login:

The method used by a Customer to access their Account, which may be the Customer’s email address or a user-defined alphanumeric identifier.

3.12. Parties:

Collectively refers to Cardyfie and a Customer involved in transactions or interactions within the Cardyfie System.

3.13. Password:

An alphanumeric combination selected by a Customer during registration, used in conjunction with the Login to access the Account.

3.14. Payment Order:

An electronic instruction submitted by a Customer via the Cardyfie System to execute a Transaction.

3.15. Payment:

The transfer of Funds within a Wallet, either from a Customer to a third party or from a third party to a Customer.

3.16. Personal Account:

An Account created by an individual for personal use and access within the Cardyfie System.

3.17. Prohibited Activities:

Actions or behaviors that involve criminal offenses in the Customer's or Cardyfie's jurisdiction; the sale or distribution of prohibited goods or services; activities forbidden under applicable laws; or violations of universally accepted standards of ethics and morality.

4.1. Account Creation:

To utilize the System Services, individuals must apply to become a Customer by creating an Account in accordance with the procedures detailed in Section 5 of these Terms.

4.2. Access Rights:

• Customers are entitled to access information regarding the System Services provided by Cardyfie, as well as these Terms and Conditions.
• Access to the System and its Services is subject to the Customer’s Account status and any applicable restrictions outlined in these Terms.

4.3. Access to the System and Services:

The availability and scope of access to the System and its Services are determined by the Customer's status and any specific conditions or restrictions set forth in these Terms.

4.4. Support Services:

• Customers are eligible to receive technical and informational support related to the use of the System Services.
• Support services are provided in accordance with Cardyfie’s support policies, which may be updated from time to time.

5.1. Account Creation:

To start the account creation process, an Applicant must complete the registration by accessing the Cardyfie website, filling out the required registration forms, providing the necessary details, and agreeing to these Terms and Conditions by clicking the "Register" button.

5.2. Agreement Formation:

By accepting these Terms and Conditions during registration, a binding agreement is formed between the Applicant and Cardyfie.

5.3. Registration Details:

During registration, Applicants must provide the following details:

• First Name
• Last Name
• Email Address
• Password

5.4. Representation:

By accepting the Terms and Conditions, the Applicant confirms that they are acting on their own behalf and not on behalf of any third parties.

5.5. Registration Process:

• Applicants must complete the registration forms on the Cardyfie website. Accurate information, including name, email address, and password, must be provided.
• Clicking the "Register" button constitutes acceptance of Cardyfie's Terms and Conditions.

5.6. Verification Requirement:

Customers may be required to undergo a verification process as stipulated by Cardyfie.

Required Documents:

• A valid ID document issued by an authorized state body, including a unique identification number and photo.
• Proof of address.
• Additional information such as the purpose of the account, source of wealth, occupation, and employer name may be required.
• Customers may need to undergo a video conference for authentication, potentially through third-party services.

Failure to Verify: If the provided data is incomplete, unreliable, or outdated, the verification will be considered unsuccessful.

5.7. Acceptance of Terms:

• A bilateral agreement is established upon acceptance of Cardyfie's Terms and Conditions during registration.
• Applicants affirm that they are acting solely on their own behalf.
• Customers agree to abide by the Terms and Conditions of Cardyfie.

5.8. Consequences of Non-Compliance:

• Incomplete registration or inaccurate verification details may limit access to Cardyfie's Services.
• Non-compliance may result in account suspension or termination and potential freezing of funds.

5.9. Security and Fraud Prevention:

Cardyfie employs measures such as liveness checks and video authentication to ensure account security and authenticity.

Customers are encouraged to provide accurate, up-to-date information to support the verification process and maintain account integrity.

5.10. Verification Timeframe:

• The verification process typically completes within 48 hours after submission of the required data.
• Extended periods may apply if enhanced due diligence is required by Cardyfie.

5.11. Completion of Verification:

• Verification is considered complete when the Customer receives confirmation from Cardyfie via email or phone.
• Verified Customers will have access to the full range of System Services.

5.12. Customer Responsibilities:

Customers must promptly update the Administrator with any changes to their verification information. Adherence to verification procedures ensures the accuracy and currency of Customer data.

5.13. Administrator's Authority:

Cardyfie reserves the right to request further confirmation regarding the accuracy, completeness, and validity of provided documents and data.

5.14. Consequences of Non-Compliance:

Failure to provide requested documents or data within the specified timeframe may result in cancellation of Account Verification or suspension of the Account.

6.1. Account Creation:

Upon completion of the registration process, an Account is created, and the individual becomes a Customer of Cardyfie.

6.2. Wallet Management:

• Customers have the option to create separate Wallets for different currencies.
• All funds transferred to the Customer's Account are stored in the respective currency Wallets.

6.3. Funds and Wallet Usage:

• Funds within Wallets can be kept indefinitely, and no interest is accrued on them.
• Certain limitations may apply to Wallets regarding depositing, payments, and withdrawals based on factors determined by the Administrator.

6.4. Personal Account Creation:

Customers have the ability to create Personal Accounts, the features of which are detailed on the Cardyfie website.

6.5. Account Eligibility and Compliance:

• Customers must be 18 years or older and legally capable to create an Account.
• Accounts cannot be created for citizens of countries not supported by Cardyfie.
• Customers must ensure compliance with their country's laws during Account creation, and they are liable for any losses incurred by the Administrator due to violations.
• The Service can't be provided to or used for any transaction involving an individual, organization, country, or jurisdiction that is blocked or sanctioned by the United States, the European Union, Singapore, Canada, United Kingdom, UAE or India.

6.6. Account Integrity and Fraud Prevention:

• Customers are prohibited from registering multiple Accounts.
• Violation of this rule may result in Account suspension and the labeling of such Accounts as fraudulent.

Adhering to these rules ensures security, compliance, and responsible management of Accounts within the Cardyfie platform.

7.1. Deposit and Withdrawal Procedures:

Customers can deposit funds into their Wallets and withdraw funds from their Wallets by accessing their Account on the Cardyfie website and following the provided instructions.

7.2. Third-Party Payment Services:

Deposit and withdrawal of funds are considered payment services provided by third parties and are not inherently part of Cardyfie's core System Services.

7.3. Compliance and Legal Framework:

All deposit and withdrawal transactions must adhere to the Terms and Conditions, policies of third-party service providers, and applicable laws.

7.4. Administrator's Discretion:

The Administrator reserves the right to restrict certain deposit and withdrawal methods based on the level of risk associated with Customer activities or transactions.

7.5. Rights and Responsibilities:

Customers assume all rights and responsibilities associated with funds deposited into their Wallets by third parties.

7.6. Fees and Charges:

Additional fees may be charged by third-party service providers for deposit and withdrawal transactions, depending on the chosen method.

7.7. Transaction Finality and Notifications:

• Once a transaction is executed, it is considered final and cannot be disputed, revised, or canceled, except for fraudulent deposit transactions.
• Customers may receive notifications of transactions executed with their Account via email, with the option to disable notifications.

7.8. Limits, Restrictions, and Currency Exchange:

• The Administrator may restrict the list of payees for certain categories of Customers based on risk levels, with specific restrictions outlined on the Cardyfie website.
• Customers can exchange currencies and transfer funds between their own Wallets or to other Customers' Wallets within the Cardyfie System.

7.9. Reporting and Customer Support:

• Customers can download electronic reporting documents on executed transactions free of charge from their Account.
• The Administrator may provide customer support and assistance with transaction-related inquiries.

Adhering to these rules ensures that transactions within the Cardyfie platform are conducted securely, transparently, and in compliance with relevant regulations.

8.1. Customer Agreement and Consent:

• Customers must adhere to the terms outlined in the Cardholder Agreement between themselves and the Issuer.
• By using the Cardyfie Card, customers consent to Cardyfie obtaining and sharing information related to the card with the Issuer.

8.2. Role of Cardyfie:

• Cardyfie acts as a facilitator of information exchange between the Customer, the Issuer, and Cardyfie regarding Cardyfie Card transactions.
• Transaction records, including balance and history, are accessible through the Customer's Cardyfie Account.

8.3. Transaction Deductions and Balance Insufficiency:

• Customers authorize Cardyfie to deduct the value of Cardyfie Card transactions, including fees or taxes, from their available balance.
• If the Account lacks sufficient funds, Cardyfie may purchase virtual currency from the Customer to cover the transaction amount.

8.4. Foreign Transaction Fees:

Customers may incur foreign transaction fees for transactions conducted in foreign currencies, which will be converted to the local currency.

8.5. Customer Liability and Indemnification:

• Customers are responsible for all transactions initiated using their Cardyfie Card.
• Customers must indemnify Cardyfie for any liabilities arising from Cardyfie Card transactions.

8.6. Lost or Unauthorized Use:

• Customers must immediately report any lost or suspected unauthorized use of their Cardyfie Card to Cardyfie's customer support.
• The cancellation, suspension, or freezing of the Cardyfie Card may take time, and customers remain liable for transactions during this period.

8.7. Prohibited Use and Limitations:

• Customers may not use the Cardyfie Card for illegal purposes or activities.
• Cardyfie reserves the right to suspend transactions, cancel, suspend, or freeze the Cardyfie Card or Wallet, and may impose limits on transaction size or type.
• Transactions related to gambling, cryptocurrency, investing and dating are strictly prohibited. Such transactions will be cancelled and the Customer will be charged a penalty of 25% of the transaction amount.

Adherence to these rules ensures that customers understand their rights, obligations, and potential liabilities associated with using the Cardyfie Card within the Cardyfie platform.

9.1. Fee Collection:

The Administrator collects fees for the services rendered to the Customer.

9.2. Tariff Information:

The size and procedures for charging fees are clearly stated on the website under the "Tariffs" section.

9.3. Unilateral Fee Changes:

• The Administrator reserves the right to unilaterally change the fee size.
• Changes become effective upon publication on the website.

9.4. Currency and Rounding:

All fees are calculated in the transaction currency and rounded to the nearest cent.

9.5. Taxation Exemption:

Services provided by the Administrator to the Customer are exempt from VAT or other turnover taxes.

9.6. Fee Application:

Applicable fees are deducted from the Customer's Wallet by the Administrator after the completion of a fee-applicable transaction or when the Administrator has grounds for fee collection.

9.7. Insufficient Wallet Balance:

If the Wallet balance is insufficient to cover applicable fees, the Administrator may reject the transaction and demand payment of applicable fees from the Customer.

These rules ensure transparency and clarity regarding tariff information and fee collection procedures within the Cardyfie platform. Users are informed about their financial obligations and the conditions under which fees are applied, allowing for informed decision-making and transaction management.

10.1. Compliance Responsibility:

• Parties are responsible for adhering to the Terms and Conditions, and applicable laws.

10.2. Repayment of Damages:

• Customers must reimburse the Administrator for damages incurred due to violations of applicable laws, provided relevant documents are furnished.

10.3. Responsibility for Wallet Transactions:

• Customers are accountable for all transactions recorded in their Wallets, including those conducted with bank payment cards and by third parties.

10.4. Legal Compliance:

• Customers must comply with laws governing account opening and money transfer transactions in their residence jurisdiction.

10.5. Internet Usage Risks:

• Customers assume full responsibility for risks associated with internet use during interactions with the Administrator, other Customers, and third parties.

10.6. Prohibited Activities and Misrepresentation:

• Customers are prohibited from engaging in activities that could mislead others about Administrator services, damage Administrator reputation, or impersonate Administrator representatives.

10.7. Indemnification:

• Customers must protect the Administrator's interests, reimburse losses, pay compensations, and indemnify the Administrator against any claims, damages, costs, or expenses resulting from violations of the Terms and Conditions or applicable laws.

These rules outline the Customer's legal obligations, responsibilities, and potential liabilities within the Cardyfie platform. They emphasize compliance, accountability, and indemnification to ensure the integrity and legality of transactions conducted through the system.

11.1. Customer's Actions and Confidentiality:

• The Administrator disclaims responsibility if the customer transfers data to third parties, intentionally provides access to the Wallet, or violates confidentiality. Responsibility lies with the customer for such actions.

11.2. Illegal Activities and Third Parties:

• The Administrator is not responsible for illegal activities of third parties using customer data or authorization details.

11.3. Viruses and Malicious Software:

• The Administrator is not liable for viruses or malicious software in the customer's hardware or software used to access the System.

11.4. Disputes, Legislation, and Complaints:

• The Administrator disclaims responsibility for disputes between customers, customer violations of legislation, and complaints from authorities regarding reporting and taxation.

11.5. Lack of Access and Unreliable Data:

• The Administrator is not responsible if the customer lacks access due to unreliable data or inability to update information.

11.6. Third-Party Payment Services and External Actions:

• The Administrator is not responsible for payment services by third parties or actions taken by third parties related to external websites linked on the Cardyfie Website.

11.7. System Inoperability and External Factors:

• The Administrator disclaims responsibility for temporary system inoperability, hardware/software malfunctions, or errors caused by external factors not within the Administrator's control.

11.8. Loss of Authorization Details and Verification Events:

• The Administrator is not responsible if access cannot be recovered due to loss of Authorization Details, system locking, password loss, or events requiring verification.

11.9. Damages and Losses:

• The Administrator is not responsible for damages and losses resulting from account suspension, failure to pass verification, payment order errors, legislative compliance, failure to read updated terms, payment method unavailability, or customer violations of terms and policies.

11.10. Indirect or Consequential Damages:

• The Administrator is not responsible for indirect or consequential damages, including loss of profit, revenue, contracts, customers, time, data, enterprise, or reputation.

These disclaimers define the extent of the Administrator's non-liability for various customer actions, external factors, and system-related events.

12.1. Reasons for Suspension:

• Account suspension may occur for reasons including security concerns, suspicion of unauthorized or fraudulent activity, violation of terms and conditions, legal requirements, governmental proceedings, or actions causing harm to the administrator's reputation.

12.2. Notification and Suspension Process:

• The Administrator must notify customers via the provided email address or Telegram account about the account suspension, except when it's unlawful or poses a security threat.
• During an account suspension, the Administrator has the right to request any documents for additional verification of the client or origin of funds. Suspension is lifted promptly after the reasons for suspension cease to exist.

12.3. Responsibilities and Liabilities:

• Customers remain responsible for fulfilling obligations accrued before suspension.
• The Administrator bears no liability to customers for suspending their accounts.

The Administrator reserves the right to retain and utilize transaction data or other information related to suspended accounts. These rules outline the procedures and conditions for suspending customer accounts on the Cardyfie platform, ensuring compliance with terms, policies, and legal requirements while safeguarding platform integrity and security.

13.1. Classification:

• Certain merchants are classified as high-risk due to a significant number of declined transactions.
• Cardyfie reserves the right to classify any merchant as high-risk and to modify their status at any time, without prior notice.

13.2. Balance Requirement:

• If you intend to conduct transactions or test cards with high-risk merchants, you must maintain a minimum balance of $500 in your account.

13.3. Withdrawal Delays:

• If you use cards with high-risk merchants while having a balance below the required threshold, any withdrawal requests will be subject to a 30-day holding period from the date of the last declined transaction.

13.4. Prior Notification:

• During registration and when applying for card issuance, you were informed about our service usage policies, including potential withdrawal delays.
• By using Cardyfie, you acknowledge and agree that withdrawals related to high-risk transactions may be delayed in accordance with these Terms.

13.5. Prohibited Merchants:

• Money transfers (MCC 4829, 6531, 6534, 6536, 6537, 6538)
• Financial institutions, cash disbursement (MCC 6010, 6011, 6050, 6051)
• Currency exchange, money orders, traveler's cheques, debt repayment and other non-financial institutions (MCC 6012, 5122, 6211, 6760, 7322)
• Government-owned lotteries (MCC 7800)
• Online gambling (MCC 7801, 7995)
• Government-licensed horse and dog racing (MCC 7802, 9754)
• Betting (including Lottery Tickets), casino gaming chips, off-track betting (MCC 7995)
• Horse racing, dog racing and non-sport internet gaming (MCC 9754)
• Firearms and explosives (MCC 2892, 3484)
• Escort and dating services (MCC 7272, 7273, 7297)
• Massage parlors (MCC 7297)
• Jewelry stores, antique shops, pawn shops (MCC 5944, 5932, 5933, 5937)
• Stamp and coin stores (MCC 5972)
• Cigar stores and stands (MCC 5993)
• Direct marketing merchants (MCC 5960–5969)
• Political, religious, labor organizations (MCC 8631, 8651, 8661)
• Government loan payments, bail and bond payments (MCC 9223, 9411)
• Motor Freight, Trucking, and Moving Services (MCC 4214)
• Courier Services (Air/Ground Freight Forwarders) (MCC 4215)
• Wholesale Petroleum Products (MCC 5172)
• Automotive Parts and Accessories (MCC 5533)
• Service Stations (MCC 5541)
• Automated Fuel Dispensers (MCC 5542)
• Electric Vehicle Charging (MCC 5552)
• Charitable and Social Service Organizations (MCC 8398)

Additionally, the following merchants are individually prohibited regardless of category:

• Uber
• eBay

The list of prohibited merchants may be updated at any time without prior notice.

14.1. Indefinite Term:

• The terms and conditions have an indefinite duration and remain in effect until terminated according to the stipulated provisions.

14.2. Customer's Right to Terminate:

• Customers can terminate their relationship with Cardyfie by deleting their account at any time, provided they have no outstanding obligations.

14.3. Effects of Deleting the Account:

• Once the account deletion process is initiated by the customer, transactions using the account become impossible.
• Existing financial obligations between the parties remain until fully resolved.

14.4. Administrator's Right to Terminate:

• Cardyfie can unilaterally terminate the terms and conditions by notifying the customer.

These rules outline the procedures and conditions for terminating the agreement between customers and Cardyfie, covering voluntary termination by customers, unilateral termination by Cardyfie, handling of remaining funds, and data retention post-termination.

15.1. Retention Period:

• Any unclaimed funds will be retained by the Administrator for a duration of 1 year from the date of the Account's suspension or termination.

15.2. Expiration of Claim:

• After the 1-year period, if the funds remain unclaimed, the Customer will be considered to have waived any right or claim to those funds.

15.3. Relief of Obligation:

• Upon the expiration of the 1-year period, the Administrator will no longer be obligated to pay the unclaimed funds to the Customer.

These rules establish a clear timeframe for the retention of unclaimed funds by Cardyfie and specify the consequences if those funds remain unclaimed after the designated period.

16.1. Transparency and Accountability:

• The Administrator prioritizes transparency and accountability in resolving disputes. We are committed to ensuring that all parties involved in a dispute receive fair treatment and have their concerns addressed promptly.

16.2. Timely Response:

• Upon receiving a dispute, the Administrator pledges to acknowledge it promptly and provide an initial response within 7 working days.

16.3. Mediation and Arbitration:

• Arbitration under these terms is strictly limited to individual cases. Collective arbitrations, class actions, private attorney general actions, representative actions, or consolidation with other arbitrations are strictly prohibited. You forfeit the right to a jury trial and any participation in a class action against Cardyfie.

17.1. Customer Due Diligence (CDD):

• The Administrator conducts thorough Customer due diligence on all clients to verify their identities and assess the risk associated with their activities.
• Know Your Customer (KYC) procedures are applied as part of the due diligence process and include verification of identification documents and, where applicable, proof of address and source of funds.
• Enhanced due diligence will be performed for high-risk customers, including politically exposed persons (PEPs) and customers from high-risk jurisdictions.
• The Administrator may periodically review and update customer information to ensure accuracy and compliance with applicable regulations.

17.2. Transaction Monitoring:

• The Administrator implements robust transaction monitoring systems to detect and report suspicious activities promptly.
• Transactions that are unusual, inconsistent with the customer's profile, or indicative of money laundering will be investigated promptly.
• Alerts generated by automated systems or manual reviews are subject to internal analysis by the compliance team for escalation, if necessary.

17.3. Reporting and Compliance:

• The Administrator maintains open communication channels with regulatory authorities and promptly reports any suspicious activities as required by law.
• Where appropriate, the Administrator will file Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
• An internal escalation process is in place to ensure that unusual or potentially suspicious activity is reviewed by the designated Compliance Officer.
• The Administrator's AML program will be reviewed and updated regularly to adapt to evolving threats and regulatory requirements.

17.4. Sanctions Compliance:

• The Administrator screens all customers against relevant sanctions lists to ensure compliance with international sanctions regimes.
• This includes, but is not limited to, sanctions lists issued by the United Nations, the European Union, and the United States Office of Foreign Assets Control (OFAC).
• Transactions involving sanctioned individuals or entities will be prohibited.

17.5. Penalties for Non-Compliance:

• Non-compliance with this AML policy may result in cancellation of all pending transactions, account restriction and freezing of funds pending clarification.
• In serious or repeated cases of non-compliance, the Administrator reserves the right to initiate account closure procedures.
• The account closure process includes formal notification to the customer, documentation of the reason, and, where applicable, reporting to the relevant authorities.

By adhering to this AML policy, Cardyfie reaffirms its commitment to combatting money laundering and protecting the integrity of the financial system.

18.1. Cardyfie does not provide services, including account registration or enrollment, to users located in the following jurisdictions or subject to the laws of those jurisdictions: Afghanistan, Albania, Algeria, Angola, Azerbaijan, Bahamas, Barbados, Belarus, Bosnia and Herzegovina, Botswana, Burkina Faso, Burundi, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Congo, Côte D'Ivoire, Croatia, Cuba, Democratic People's Republic of Korea, Democratic Republic of the Congo, Ecuador, Egypt, Eritrea, Ghana, Guinea, Guinea-Bissau, Guyana, Haiti, Iran, Iraq, Jamaica, Jordan, Lao People's Democratic Republic, Lebanon, Libya, Mali, Mauritius, Moldova, Morocco, Mozambique, Myanmar, Nicaragua, Niger, Nigeria, North Macedonia, Pakistan, Panama, Philippines, Russian Federation, Senegal, Serbia, Somalia, South Sudan, Sudan, Syria, Tanzania, Trinidad and Tobago, Tunisia, Turkey, Uganda, Ukraine, Vanuatu, Venezuela, Yemen, Zimbabwe.