Storage of the Cardholder’s Credentials

Last update: April 2025

  1. This     Agreement on the Storage of the Cardholder’s Credentials (hereinafter –     the “Agreement”) is entered into between you (hereinafter also referred to     as – the “Cardholder”) and CARPATHIAN FORGE (hereinafter – the     “Merchant”).
  1. By     clicking the “Deposit/Withdrawal” button, you express full consent to this     Agreement and authorize the Merchant and its payment service provider to     store your name, surname, card expiry date and PAN number (hereinafter –     the Credentials on File (COF)) and to initiate transactions on your behalf     (hereinafter – Merchant-Initiated COF Transactions) and/or to process     transactions initiated by you (hereinafter – Cardholder-Initiated COF     Transactions), both by using the Credentials of File, as indicated below.
  1. Disclosures     of the Merchant:

          3.1Your Credentials will be used for: Cardholder-Initiated COF Transactions

          3.2Description of services:

  • purchase     of cryptocurrency for further trading;
  • storage     of funds in cryptocurrency.

          3.3Fixed date or interval of the Transaction: N/A

          3.4Event that will prompt the Transaction: N/A

  1. The     following details in relation to this Agreement shall be included in the     transaction confirmation: card number, transaction amount, surcharges (if     applicable), transaction currency, transaction date, authorisation code,     the Merchant’s location.
  1. You     will be notified of any changes to the present Agreement 7 (seven)     business days before such changes become effective in relation to     scheduled (with fixed, regular intervals) Merchant-Initiated COF     Transactions, and 2 (two) business days before such changes become     effective in relation to Merchant-Initiated COF Transactions which are     unscheduled or in relation to Cardholder-Initiated COF Transactions.
  1. You     agree to notify the Merchant of any changes in the Credentials on File at     least 7 (seven) business days prior to the next Transaction date.
  1. The     Agreement shall enter into force after successful authorisation (or     account verification) by your card issuer and receipt of your consent to     this Agreement by the Merchant, and shall be valid until terminated by you     or by the Merchant according to the Cancellation policy.
  1. The     Cancellation and refund policies of the Merchant are accessible on the     7Exchange website.
  1. In     case of any inquiries related to this Agreement, please contact: support@7exchange.io    

 

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