BiulinkPay Account Card Terms of Use

1.1 Introduction: These Terms govern your use of BiulinkPay account cards (both physical and virtual) issued by Biu Limited, a company registered in Hong Kong.

1.2 Definitions:

2.1 Card Functions: BiulinkPay cards serve as payment instruments linked to your digital currency account, enabling transactions at authorized merchants and service providers.

3.1 Funding with Digital Currency: You may fund your BiulinkPay account using supported digital currencies. Conversions occur at prevailing market rates, subject to our published fee schedule.

3.2 Exchange Rate Risk: You acknowledge that digital currency values fluctuate constantly. BiulinkPay is not responsible for market movements affecting your account value between transaction initiation and completion.

3.3 Irreversible Transactions: Digital currency transactions, once confirmed on their respective blockchains, cannot be reversed. Exercise caution when transacting.

4.1 Eligibility: You must complete identity verification and meet our risk assessment criteria to qualify for card services. We reserve the right to decline any application.

4.2 Application Process:

• Submit application through our platform with required documentation
• Undergo identity verification and compliance checks
• Receive approval and card delivery details

4.3 Card Activation & Security:

• Activate your card through our mobile app or website
• Set secure PIN and transaction limits
• Safeguard your card details and authentication credentials

5.1 Permitted Use: Cards may only be used for lawful personal or business transactions. You are responsible for ensuring all transactions comply with applicable laws.

5.2 Prohibited Activities: You may not use our cards for:

• Money laundering, terrorist financing, or fraud
• Gambling, illegal substances, or prohibited services
• Circumventing transaction limits or controls
• Any activity that could damage our reputation or systems

5.3 Transaction Limits: We impose and may adjust transaction limits for security purposes. Current limits are displayed in your account dashboard.

You agree to pay all applicable fees as detailed in our Fee Schedule, which may include:

We provide 30 days' notice for fee changes, except when required by regulatory authorities.

7.1 Your Security Responsibilities:

• Keep your card and PIN secure
• Monitor transactions regularly
• Report suspicious activity immediately
• Use secure networks for online transactions

7.2 Lost or Stolen Cards: Report lost or stolen cards immediately through our app, website, or customer service. You may be liable for unauthorized transactions before reporting.

7.3 Unauthorized Transactions: Notify us immediately of any unauthorized transactions. We will investigate and resolve according to applicable regulations.

8.1 Account Funds: Funds held in your BiulinkPay account are not deposits and do not earn interest. They are held as stored value for your card transactions.

8.2 Redemption Policy: You may redeem remaining funds subject to these conditions:

• Registered cards: Redemption available after 3 months
• Verification of identity required
• Redemption fees may apply
• Digital currency redemptions subject to market rates

We collect, use, and protect your personal information according to Hong Kong's Personal Data (Privacy) Ordinance and our Privacy Policy. We implement robust security measures but cannot guarantee absolute security of data transmissions.

Your data may be shared with:

• Payment processors and financial institutions
• Regulatory authorities as required by law
• Service providers necessary for card operations
• Fraud prevention agencies

10.1 Our Liability: We are liable for direct losses resulting from our failure to provide services with reasonable care and skill. Our maximum liability is limited to the amount of the disputed transaction.

10.2 Exclusions: We are not liable for:

• Losses due to your negligence or security failures
• Merchant disputes or product quality issues
• Digital currency market fluctuations
• System interruptions beyond our control
• Force majeure events

10.3 Digital Currency Risks: You accept all risks associated with digital currency volatility, technological changes, and regulatory developments.

We may modify these Terms with 30 days' notice. Continued use after changes constitutes acceptance. We may terminate your card services for:

• Violation of these Terms
• Suspected fraudulent activity
• Regulatory requirements
• Business discontinuation

You may terminate services by closing your account and redeeming remaining funds.

12.1 Governing Law: These Terms are governed by Hong Kong law. The courts of Hong Kong have exclusive jurisdiction.

12.2 Dispute Resolution: We prefer to resolve disputes informally. If unresolved, disputes may be referred to the Hong Kong International Arbitration Centre.

12.3 Class Action Waiver: You waive any right to participate in class actions against BiulinkPay.

For questions or support:

• Email: support@biulinkpay.org
• Website: https://biulinkpay.com/