Legal Agreement

Terms & Conditions

These terms govern your access and use of our virtual crypto card services, mobile apps, APIs, and website. Please read carefully before using our platform.

Welcome to Sparq

Welcome to Sparq ("Platform", "we", "our", or "us"). These Terms and Conditions ("Terms") govern your access and use of our virtual crypto card services, mobile apps, APIs, and website.

Important: By accessing or using our platform, you agree to be bound by these Terms. If you do not agree, please do not use our services.

1. Eligibility

To use our platform, you must meet the following requirements:

  • Must be 18 years of age or older
  • Legally permitted to use crypto payment services in your jurisdiction
  • Must comply with all local cryptocurrency regulations
  • Provide accurate and truthful information during registration

By accessing our platform, you confirm your compliance with local crypto regulations.

2. Services Provided

We provide non-custodial crypto-to-card solutions, including:

  • Non-custodial crypto-to-card conversion
  • Virtual and physical debit card issuance
  • Real-time cryptocurrency spending
  • Multi-currency wallet integration
  • Transaction monitoring and reporting

Supported Cryptocurrencies

USDTUSDCBTCETHMATICAVAXSOL

Offered through regulated third-party card issuers.

3. Prohibited Use

Users may not use our platform for illegal activities, including but not limited to:

  • Money laundering or terrorist financing
  • Buying or selling illicit goods or services
  • Circumventing sanctions or embargos
  • Fraudulent transactions or identity theft
  • Market manipulation or insider trading
  • Violation of intellectual property rights
  • Harassment or abusive behavior towards other users

Zero Tolerance Policy

We maintain a zero-tolerance policy against abuse and reserve the right to block any account found in violation of these terms.

4. KYC/AML Compliance

Some services may require basic KYC (Know Your Customer) verification depending on your region. However, we also offer KYC-free virtual cards for qualified users under specific transaction limits in partnership with compliant providers.

KYC-Free Options

  • Qualified users under specific transaction limits
  • Partnership with compliant KYC-free providers
  • Enhanced privacy for small transactions
  • Automatic compliance monitoring

Detailed AML/KYC Policy

For comprehensive information about our compliance procedures, please review our dedicated AML/KYC Policy document.

5. Fees and Charges

All fees are transparently displayed prior to transaction confirmation. Our fee structure includes:

  • Card issuance fees
  • Crypto conversion rates
  • Network transaction fees
  • Cross-border transaction fees
  • ATM withdrawal fees (where applicable)

Dynamic Pricing

Fees may vary based on blockchain congestion, real-time foreign exchange rates, and market conditions. All fees are shown before you confirm any transaction.

6. Risk Disclaimer

Cryptocurrency markets are volatile and involve significant risk. By using our services, you acknowledge:

  • Cryptocurrency price volatility
  • Blockchain network congestion and delays
  • Regulatory changes affecting crypto payments
  • Technical issues with third-party providers
  • Market liquidity fluctuations

Use at Your Own Risk

You agree to use our services at your own risk. We are not responsible for any loss of funds, delays, or price changes during card top-ups or conversions.

7. Intellectual Property

All content, logos, code, and trademarks are the intellectual property of Sparq or licensed to us. This includes but is not limited to:

  • Sparq logo and branding materials
  • Website design and user interface
  • Mobile application code and features
  • Documentation and user guides
  • API specifications and tools

Unauthorized Use Prohibited

Unauthorized use, reproduction, or distribution of our intellectual property is strictly prohibited and may result in legal action.

8. Termination

We reserve the right to suspend or terminate your account for the following reasons:

  • Violation of these Terms and Conditions
  • Suspicious or fraudulent activity
  • Non-compliance with KYC/AML requirements
  • Prohibited use of the platform
  • Regulatory or legal requirements

Account Termination Process

Upon termination, we will provide reasonable notice where possible and assist with the recovery of any remaining funds, subject to compliance requirements.

Questions About Our Terms?

Our legal team is available to help clarify any questions about these terms and conditions.