PayForge Crypto Currency Prepaid Card Services

 

Effective Date: Thursday 19 March 2026

 

This Risk Disclosure sets out important risks associated with using PayForge services, including loading digital assets such as USDT, BTC, and ETH onto a prepaid card and using the card for purchases.

 

By using the services, you acknowledge that you understand and accept these risks.

 

1. General Risk

 

The use of digital assets, prepaid cards, payment networks, and cross-border financial services involves substantial risk. You may lose part or all of the value involved in a transaction, including due to volatility, error, fraud, regulatory action, or network failure.

 

2. Crypto Asset Volatility

 

Digital assets can rise or fall significantly in value in a short period of time. The value of your asset at the time of loading may be materially different from the value at the time of spending, settlement, conversion, or refund.

 

3. Irreversibility of Blockchain Transactions

 

Most blockchain transactions are irreversible once confirmed. If you send assets to the wrong address, wrong network, wrong token standard, or an unsupported wallet, the assets may be permanently lost.

 

4. Network and Technical Risks

 

You may experience delays, failures, outages, congestion, forks, protocol changes, node issues, smart contract bugs, wallet failures, custody issues, or cyber incidents. These events may affect the ability to load, spend, convert, or access your assets or card balance.

 

5. Card and Merchant Acceptance Risk

 

The card may not be accepted by all merchants, all terminals, all countries, or all transaction types. Transactions may be declined for reasons including merchant restrictions, issuer controls, network rules, fraud controls, sanctions screening, insufficient balance, or local law.

 

6. FX and Conversion Risk

 

If your card or transaction requires conversion, exchange rates and conversion fees may reduce the amount received or spent. Exchange rates can change rapidly and may include third-party spreads or markups.

 

7. Regulatory and Legal Risk

 

Rules affecting digital assets, prepaid cards, cross-border payments, sanctions, AML compliance, consumer protection, and taxation may change suddenly and may differ by jurisdiction. These changes may affect access to your account, card use, redemption, transfer ability, or service availability.

 

8. Custody and Operational Risk

 

If assets are held in wallets, custody arrangements, or with third-party providers, there is a risk of loss from hacking, insolvency, operational failure, internal error, mismanagement, or access-control failures.

 

9. Fraud and Unauthorized Transactions

 

Digital asset accounts and cards are susceptible to phishing, social engineering, malware, SIM-swap attacks, identity theft, and account takeover. You are responsible for protecting your credentials and devices.

 

10. No Deposit Insurance

 

Unless we expressly state otherwise in writing, balances, digital assets, or related stored value are not bank deposits, are not legal tender, are not guaranteed by any government, and are not protected by deposit insurance or investor compensation schemes.

 

11. No Investment Advice

 

Nothing provided by ForgeFi LLC or PayForge constitutes investment advice, financial advice, legal advice, tax advice, or a recommendation to buy, hold, or sell any digital asset or product.

 

12. Personal Responsibility

 

You are solely responsible for:

(a) understanding the risks before using the service;

(b) verifying all wallet addresses, network details, and transaction instructions;

(c) maintaining backup security for your account;

(d) complying with the laws of your jurisdiction; and

(e) seeking independent professional advice where necessary.

 

13. Acknowledgment

 

By using PayForge, you acknowledge that you have read, understood, and accepted these risks and that you are using the service at your own risk, subject to applicable law and the terms of our cardholder agreement and policies.