These terms and conditions are applicable to all recipients of the iCE3 Crypto Debit card.
1.1 Your card has an expiry date printed on the front of it. Your card is valid until the last day of the month shown unless it is closed at your request or
the iCE3.com, or by Prepaycentral if an incidence of fraud or potentially fraudulent activity has been detected relating to your card.
1.2 Only the person whose signature is on the card will be able to use it.
1.3 Sign your card in ink as soon as you receive it in the space provided on the back of the card.
1.4 Your card can only be used in the Republic of South Africa
1.5 Your card will have a personal identification number (PIN). Which can be found underneath the card on the card carrier that will be delivered in a sealed envelope.
1.6 Your card must be cut in half after its expiry date.
1.7 You will not be sent any correspondence or statements.
1.8 The Issuing Bank will always be the owner of the card.
1.9 You are responsible for the safety of your card. Should your card be damaged, lost, or copied, iCE3 and/or Prepaycentral will not be liable.
1.10 Only verified (FICA’d) iCE3 clients are eligible for a crypto debit card
2.1 Your card will be loaded with a Rand amount as determined by the settings in your iCE3.com trading account, as set by you.
2.2 The balance available on your card may not exceed R25, 000 (twenty-five thousand Rand only) at any given time. (FICA).
2.3 You can request manual withdrawals from your trading account as long as you do not go beyond the limits set on your account.
2.4 Automated withdrawals and top-ups occur using market orders and iCE3 can not be held liable for market conditions and slippage.
2.5 iCE3 do not partake in trading on the exchange and as a result, cannot guarantee exchange rates and volumes for crypto/fiat trading pairs
3.1 You may use your card to pay for goods and services at suppliers as per the program acceptance detailed below:
3.1.1 Accepted where MasterCard is accepted. (Except for payments at toll gates, casinos, and for car hire as here a credit card is required).
3.2 Your card can be used for any transactions at an ATM. It can only be used at in-store electronic terminals in the Republic of South Africa
3.3 When you use your card to pay for goods or services you must sign a transaction slip.
3.4 Prepaycentral will process the transaction against your available card balance. You will be able to shop at as many merchants as you wish up to the value on your card and after any deduction of fees if applicable.
3.5 All transactions and fees will be authorized by Prepaycentral against funds on your card.
3.6 Merchants are responsible for transactions and are independent of the iCE3.com, Prepaycentral, and Standard Bank. iCE3.com,
Prepaycentral and Standard Bank, are not liable if the merchant does not accept your card or if you have complaints about goods or services paid
for with your card.
3.7 iCE3.com is not responsible for any loss arising from any failure or malfunction of electronic facilities, delays in point-of-sale devices, or resulting from circumstances beyond iCE3.com’s reasonable control.
3.8 No warranties, purchase protection, insurance, other promises, or services are provided.
3.9 Once you have paid for a purchase, you cannot stop the transaction.
3.10 You are responsible for keeping track of the transactions on your card to ensure that you do not exceed your card balance.
3.11 Balance inquiries can be made by logging in to your account www.ice3.com and viewing your card balance in your profile. Balances can also be retrieved at an additional cost by sending an SMS with your 16 digit card number to 34246, by visiting www.whatsonmycard.com or by calling 086 1101 210 between 9 am and 6 pm, seven days a week, including public holidays.
4.1 You will not be charged any fees on any purchases made using your card within South Africa.
4.2 A dormancy/no reload fee will be deducted from the available funds on your card. This fee will only be deductible after 6 months from the last time your card was loaded.
4.3 You will not be paid any interest on the funds on your card.
4.4 A monthly/management fee will be deducted from all cards by the service provider, Prepaycentral.
5.1 Your card will be closed when it expires.
5.2 Prepaycentral may choose to revoke your card at any time to protect Prepaycentral’s interests. If your card is revoked for reasons other than fraud or unlawful use, any credit remaining on the card will be refunded to your iCE3 account.
6.1 You are responsible for the safekeeping of your card. Your card is the same as having cash in your pocket. If you lose your card or if it is stolen and used by someone else, you will lose all the funds on your card.
iCE3 may change these terms and conditions together with that of any costs with one month’s written notice regarding these costs.