# Welcome to BCard Supporting communities with community payment cards ## Welcome to the Team! BCard is a payment card that helps people support their favorite communities through their everyday purchases. Simply by using the card, you can redirect fees that you're already paying towards your cause of choice. Even better: BCard can unlock higher reward tiers as we get more people using the card. This means that communities can band together to unlock more revenue - all by using BCard instead of your traditional payment card. BCard is made for communities BY a community. Unlike traditional cards, you get a say in how BCard runs simply by using the card. This co-operative model ensures that BCard will always put the community first when making decisions, and it means by using BCard, you are part of the team! ## Getting Started BCard is currently available for US residents (we're working on making it available worldwide - stay tuned). You can get started by visiting (works best on your mobile phone). You can also check out our [Getting Started with BCard](/how-to-guides/getting-started-with-bcard) article for an in-depth guide. ## BCard is For Communities Our goal at BCard is to empower communities. We believe that through communities, we can create a better world. You can see a list of our partner communities here: [BCard Partner Communities](/informational-articles/bcard-partner-communities) Are you a community leader or member who wants to use BCard to generate revenue? Reach out to . ## Get Involved Are you interested in empowering communities? Join us! You can reach out to us on the following platforms: * [Discord:](https://discord.gg/QhZA59U4Uk) * [Farcaster](https://warpcast.com/~/channel/bcard): # Getting Started with BCard The sooner you start, the more you'll support your community ## 1. Get the App You can start by going to (works best on mobile) {% hint style="info" %} ### (optional) Add to your Home Screen BCard works best installed on your phone's home screen, so follow the instructions in the app if you want faster access, timely alerts, and better data security {% endhint %} ## 2. Sign Up Sign up by clicking on the *Signup or Login* button and entering your email. BCard will send you an email via privy.io with a 6-digit code. Enter this 6-digit code in the app to continue. ## 3. Choose a Community Select the community you'd like to support. BCard will reward you in the community's reward token. ## 4. Enter your Personal Information BCard is a debit card, so our card-issuing partner, [Transcard](https://www.transcard.com/), requires some personal information to create your card with their bank, [SouthState Bank](https://www.southstatebank.com/). **BCard doesn't view or store your Address, Date of Birth, or Social Security Number.** This information is held securely by our regulated card-issuing partner, Transcard. **No credit check will be performed**. {% hint style="info" %} If you'd like to learn more about how BCard handles your personal data, check out [How BCard Safeguards Your Personal Info](/informational-articles/how-bcard-safeguards-your-personal-info) {% endhint %} ## 5. Get your Card Once you enter your information, you will immediately get access to your virtual card, which can be used for online purchases and added to [Apple Pay/Google Wallet](/how-to-guides/how-to-add-your-bcard-to-apple-pay-google-wallet) for in-person purchases. If you ordered a physical card (currently only for the Nouns community), it will arrive at the address you entered in 7-14 business days. ## 6. Fund your Card Since BCard is a debit card, you'll need to send some funds to your account to use it. Check out our article on [funding your BCard](/how-to-guides/how-to-fund-your-bcard) for more information. ## 7. Use your Card, Earn Rewards Now that your card has funds on it, you can use it anywhere MasterCard is accepted, earning rewards for every purchase automatically! # How to fund your BCard You can fund your BCard via a traditional bank, PayPal account, or even a crypto offramp via ACH (automated clearing house) transfer. To use your BCard to support your community, you'll first need to add funds. You may also want to check out: * [Which Payment Accounts Can be Used with BCard?](/informational-articles/which-payment-accounts-can-be-used-with-bcard) * [Fund your BCard with Cryptocurrency](/how-to-guides/how-to-fund-your-bcard/fund-your-bcard-with-cryptocurrency) * [Connecting a Bank Account that uses Plaid](/how-to-guides/how-to-fund-your-bcard/connecting-a-bank-account-that-uses-plaid) ### **Connecting your bank account** * Within the BCard application, you will find the Routing number and Account number for your account at South State Bank. * Log in to your bank account and search for the option to 'link an external account' * Enter the Routing number and Account number of your BCard * Two small micro deposits will be made into your BCard account. This may take 24-48 business hours. You will need to log back into your account once complete and confirm these amounts, to verify the connection. * You may then initiate a transfer from your bank account to your BCard. Once your BCard is funded, it is automatically activated. You do not need to wait for your physical card to arrive. * *Note: Some banks may utilize Plaid or another third party instant account connection service. There should be an option to scroll to the bottom and choose 'Connect another way' , 'Connect an external account', 'connect manually' or "My bank was not listed'. Choose this option to manually enter your routing and account number.*
### Connect your PayPal Account. * Log into your PayPal Account and choose the option to 'link and external account' * Enter the Routing number and Account Number of your BCard * Two small micro deposits will be made into your BCard account. This may take 24-48 business hours. You will need to log back into your account once complete and confirm these amounts, to verify the connection. * You may then initiate a transfer from your bank account to your BCard. Once your BCard is funded, it is automatically activated. You do not need to wait for your physical card to arrive.
# Connecting a Bank Account that uses Plaid Many traditional banks utilize a third party "Plaid" to connect external accounts. ### How to connect a bank that utilizes Plaid. Once logged into your bank, select connect external account.
### Most banks will give you the option to select 'connect another way', or 'connect manually'. Choose connect manually. *Note: Some banks require the use of Plaid to connect and do not offer this option. Please contact your bank and ask them how to connect an account not supported by Plaid.*
### Then enter your routing and account number from the BCard app.
# Fund your BCard with Cryptocurrency Beam is a third party provider that allows you to link your BCard account to its service. It converts cryptocurrencies from ten different chains to USD via unique addresses assigned to you. Go to the [Beam dApp ](https://beam.ansiblelabs.xyz/)and register an account. Note, this will require some KYC and is not currently available in all 50 states. Once you have a registered account, you can link the routing and account number of your BCard Any cryptocurrencies on their approved list that are transferred into your beam account are automatically transferred to USD and deposited onto your BCard. *Note: Beam is not affiliated with BCard and does charge a percentage fee for this service. Please see their documentation for specific details.*
# How to Add Your BCard to Apple Pay/Google Wallet Add BCard to your digital wallet to enable tap payments All BCards can be added to your digital wallet (Apple Pay/Google Wallet). This makes it easier to access your funds and earn rewards, as well as unlock tap-to-pay. ### How to add BCard to Apple Pay 1. Ensure your card has a balance on it before you add it to Apple Pay 2. Open the Apple Wallet app 3. Tap the **+ button** on the top-right 4. Tap **Debit or Credit Card** 5. Follow the steps on screen to add your card * Ensure that you enter your name exactly as it appears on your card You can follow the instructions on [Apple's Support Site](https://support.apple.com/en-ca/HT204506) if you need more details. ### How to add BCard to Google Wallet 1. Ensure your card has a balance on it before you add it to Google Wallet 2. Open the Google Wallet app 3. At the bottom, tap **Add to Wallet (+)** 4. Tap **Payment card** 5. Tap **New credit or debit card** 6. Follow the steps on screen to add your card * Ensure that you enter your name exactly as it appears on your card You can follow the instructions on [Google's Support Site](https://support.google.com/wallet/answer/12058983?hl=en#zippy=) if you need more details. # How to Export Rewards Rewards can be exported from your BCard account at any time. Under the hood, many rewards are implemented as blockchain tokens, which means you can export them at any time. See [Community Reward Tokens](/legal-and-compliance/community-reward-tokens) to see which tokens are exportable. For rewards which are blockchain tokens, they are distributed on a monthly basis directly to your BCard wallet, which was created when you signed up using [Privy.io](https://www.privy.io/). You can use these rewards seamlessly inside the BCard app. {% hint style="warning" %} **Warning**: Exporting your rewards is a technical process that can sometimes lead to a loss of all of your rewards. BCard cannot be responsible for any lost rewards so please ensure you know what you're doing before you decide to export. {% endhint %} **If you decide you want to export your rewards, follow these instructions:** 1. Click on the profile icon on the top left corner > *My Information* > *Export my Wallet*. 2. Copy your Key or your Seed Phrase. 3. Import your Key or Seed Phrase into your Ethereum wallet of choice. We like [Rainbow Wallet](https://rainbow.me/en/). You can now send your rewards to any other Ethereum wallet you like! # Frequently Asked Questions (FAQ's) Below you will find a list of frequently asked questions we have received from our users. Please review these to see if your question has been asked before prior to submitting a support request. Not finding what you are looking for? You can chat with other BCard holders or open a ticket for support on our [Discord Channel. ](https://discord.gg/AAcxa8NUsx) If you would like to provide feedback on your user experience, you may use our BCard feedback form [here](https://tally.so/r/mZ6rBV) * Does a credit check happen when I order BCard? * No, ordering a BCard does not involve a credit check. * How do I activate my BCard? * There's no need to active your BCard, it is automatically activated on creation. * What is my BCard PIN# and how do I change it? * Your default PIN# is 0 + the CVV code from the back of the card. This PIN must be changed before you can use it. Please call card services at 1-800-416-6373 to use their automated system to change your PIN# * Where can I use my BCard? * BCard is accepted anywhere you see the MasterCard logo * Does BCard support international transactions? * Yes, BCard supports international transactions (exchange fees may apply). * Can I add my BCard to my Apple or Google wallet? * Yes! You may link your BCard to both [Apple and Google wallets](/how-to-guides/how-to-add-your-bcard-to-apple-pay-google-wallet) * Can I add my BCard to other payment services? * Generally you may add your BCard to payment services that are for purchasing goods such as Amazon and PayPal. Payment services that allow peer to peer money transfers or cash out options, such as Venmo and Cash App are not currently supported. * Can I use my BCard at an ATM to obtain cash? * No, BCard can not currently be utilized to obtain cash from any ATM networks. * Is there a way to export my transaction history? * Not currently, but this feature request is on our roadmap. * How does BCard secure my personal information? * You can read our article on this topic to learn more: [How BCard Safeguards Your Personal Info](/informational-articles/how-bcard-safeguards-your-personal-info) * How do I close my BCard account? * Please see [this support article](/how-to-guides/how-to-close-your-account) # How to Close Your Account These are the instructions for requesting an account closure. If you have decided to close your BCard account, we are sorry to see you go![🥲](data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNgYAAAAAMAASsJTYQAAAAASUVORK5CYII=)🥲 There are a few steps that need to be followed to close your account properly. 1. Make sure your account balance is zero. Your options include spending any balance, purchasing a gift card from Amazon or similar for the balance amount or presenting your card to your bank for a one-time transaction (Note: some banks may not support this option) 2. Make note of your Admin ID (under Profile > My Information) 3. Log out of your BCard Application 4. Complete this [Account Closure Request Form.](https://tally.so/r/3jM1P9) Thank you for being part of the BCard community. If you have any additional questions about this process, or specific feedback as to why you chose to close your account, we would love to hear from you. You can utilize our [Feedback Form](https://tally.so/r/mZ6rBV) or [Discord Server](https://discord.gg/yFJGrtrDbF). # How BCard Safeguards Your Personal Info Learn about what information is needed, why it's needed, and how it is kept safe. ## What Information Does BCard Need? BCard is a debit card. That means when you create an account, you're going to be creating a bank account with our [card-issuing partner](https://www.transcard.com/)'s bank, [SouthState Bank](https://www.southstatebank.com/). **To comply with federal regulations, our card-issuing partner must collect certain information about you** before they can open your account and issue your card. When creating an account on BCard, you will be asked to enter personal information like your Name, Address, Date of Birth, and Social Security number. ## What Information Does BCard Keep? In general, **BCard aims to hold as little as your data as possible**. We believe strongly in personal privacy, and would prefer not to hold any sensitive user data if we can avoid it. That being said, there are certain pieces of information we need to keep to ensure we can do things like show you your card number, recover your account, etc. Here's a list of all personal data BCard keeps on our system: * Your first and last name * Your email address * Your connected web3 wallet address * Card info, such as number, CVV, and expiry date * Account info, such as bank account and routing numbers * Transaction data (to display to you and to calculate rewards) ## How Does BCard Ensure My Personal Data is Safe? We take the following steps to ensure your data is secure: 1. **We never view or hold any data we don't need**. For instance, your date of birth, SSN, address, and external bank information are never seen or held by BCard (they are transmitted directly to our federally-regulated card-issuing partner, Transcard). 2. **We hold the majority of your personal information on your own device.** We don't store your name, card number, account number, or expiry date anywhere except your device. * Your email and wallet addresses are held securely by [Privy](https://www.privy.io/), and never shared with anyone outside of BCard. 3. **We encrypt ALL information during transmission and at rest**. Encryption ensures that even if a breach happens, your information still cannot be read by anyone except you. 4. **We anonymize transaction data.** Transaction data is stored separately from user data and only referenced by ID, so it cannot be linked back to an individual user. We don't hold any location data. # Which Payment Accounts Can be Used with BCard? Your BCard can be linked to a variety of external accounts for funding or spending. BCard is a financial product which can be linked to other financial products. Unfortunately, some work better than others. For that reason we have created this article to list successful (and unsuccessful) connections our users have made with their BCard. Want to add to the list? Shoot us a message using our [Feedback Form](https://tally.so/r/mZ6rBV) ### Accounts that have successfully linked with BCard: * Most traditional banks including * Wells Fargo (ACH) * Chase (ACH) * Capital One (ACH) * PayPal * Amazon * Apple Pay * Google Pay * Common Centralized Exchanges such as Coinbase ### Accounts that BCard can not be utilized with: Due to Anti Money Laundering (AML) regulations, BCard can not currently be utilized with most peer-to-peer money transmitter services. These include: * Venmo * Cash App * Sports betting applications (Fan Duel, MGM, etc) # How Rewards Work You earn community rewards every time you spend using BCard Every time you spend using your BCard, a small percentage of the transaction amount goes to your favorite community, and you receive a reward from the community. These rewards are distributed on a monthly basis (see [How Rewards are Calculated](/informational-articles/how-rewards-work/how-rewards-are-calculated)). Before they are distributed, these rewards are shown as "Pending". Under the hood, many rewards are implemented as blockchain tokens, which means you can export them at any time. See [How to Export Rewards](/how-to-guides/how-to-export-rewards) to learn how to export them, or [Community Reward Tokens](/legal-and-compliance/community-reward-tokens), to see which tokens are exportable. **So, what can you do with rewards?** * Over time, rewards show how much each member has contributed to the community. By earning rewards you are showing your commitment to your community. * Some communities allow members to vote for certain initiatives using their rewards. The more rewards you have earned, the more voting power you have. * In the future, we will be adding more ways to use your rewards. For instance, trading rewards for community merchandise. BCard aims to encourage people to support purpose-driven communities, so if you have any ideas on for rewards, feel free to [reach out to us](mailto:support@getbcard.io)! # How Rewards are Calculated Rewards are estimated instantly and finalized at the end of each month. BCard distributes community rewards for every purchase you make, but the calculations can be different depending on which community you've selected. In general, rewards are estimated at the time of purchase (these rewards are called "Pending Rewards"). At the end of every month, the BCard team finalizes the rewards. You can see an accounting of all rewards we have distributed here in our [Public Community Rewards sheet](https://docs.google.com/spreadsheets/d/1uyjEkdesejPUH6_Exe7TR4LD2mo9GUSTaVI2ed6oJww/edit?gid=0#gid=0) (updated monthly). Read on to learn more. ## Two Types of Rewards: Fixed and Variable BCard works with many different kinds of communities, and tailors our reward program based on the community's wishes. As a result, we have two kinds of rewards available: fixed rewards and variable rewards. * **Fixed rewards** are based on a certain rate/dollar spent (ex. 1 BCARD/dollar spent). * **Variable rewards** are based on the amount of [interchange revenue](/informational-articles/how-bcard-makes-money) generated for your purchase (ex. You spend $100 USD and generate $1 USD in interchange revenue for your community, you get $1 worth of your community's token). **Variable rewards are estimated at the time of purchase based on the current price of the community's social token and our current interchange revenue rate**. Both token price and interchange revenue rate can change during the month, so at the end of the month, we reconcile rewards by doing the following: 1. Calculating interchange revenue you created through your spend (note: this could go up depending on our total transaction volume). 2. Using the revenue generated by you to buy your community's token (note: the price of the token could go up/down during the month). 3. Making your tokens claimable. 4. Updating the app to show your claimable tokens and how much token you earned per transaction. ## Community Reward List Here are the reward rates for each of our communities:
CommunityTokenTypeRate
BanklessDAOBANKFixed1 BANK/$
BCardBCARDFixed1 BCARD/
Glo DollarUSDGLOFixedn/a
HigherHIGHERFixedn/a
NounsNOGSFixed1 NOGS/$
Open Medicine FoundationOMFFixed1 OMF/$
Origin DAOWOETHFixedn/a
PoolTogetherPOOLFixedn/a
PurplePURPFixed1 PURP/$
# BCard Partner Communities If you want to go far, go together! Our goal at BCard is to empower communities. To accomplish this, we partner with communities to help them generate revenue via card spending. The following communities are available in BCard: ## BanklessDAO BanklessDAO is a community that seeks to onboard the next 1B people to bankless tools. * Website: * X: * Farcaster: ## BCard BCard is a community that aims to empower communities. * Website: * X: * Farcaster: ## Glo Dollar Glo Dollar is the stablecoin that funds public goods. * Website: * X: * Farcaster: ## Higher Higher is a network for optimists. * Website: * Farcaster: ## Nouns Nouns is an experiment in decentralized culture. One Noun, Every Day, Forever. * Website: * X: * Farcaster: ## Open Medicine Foundation OMF supports collaborative medical research for chronic complex diseases like ME/CFS and Long COVID. * Website: * X: ## Origin DAO Origin’s products include stablecoins, NFTs, staking tokens, and more! * Website: * X: * Farcaster: ## PoolTogether PoolTogether is a no-loss savings protocol aiming to help provide financial freedom for all. * Website: * X: * Farcaster: ## Purple Purple’s goal is to proliferate and expand the Farcaster protocol and ecosystem. * Website: * X: * Farcaster: # How BCard Makes Money Every time you use a payment card, 1-2% of the total price is paid as a fee. BCard uses those fees to support web3 communities. At the core of BCard is a simple idea: we can support causes we care about through financial fees that we are already paying. One such fee is called interchange, and it's how BCard creates revenue to support your favorite communities. ## What is Interchange? Interchange is the fee that is paid by a merchant (ie. the store you are buying from) to a network operator (ie. VISA/MasterCard). The network operator then gives the majority of the fee (>90%) to the bank that issued your card. Interchange fees vary greatly depending on a variety of factors (ie. in-store vs online, credit vs debit, merchant type, etc.) Depending on where you live, **interchange fees are 1-2% of a total transaction**, and are built into the price, making them a hidden fee. In fact, many merchants charge the same price whether or not you are paying with a card, meaning you pay this fee regardless of your payment method. ## How Does BCard Make Money? BCard partners with a card issuer ([Transcard](https://www.transcard.com/)) who gives us a portion of the interchange fee for every purchase you make. The amount we make depends on our total monthly transaction volume (ie. how much money ALL BCard users spend in a given calendar month). Here are the rates we currently have:
Monthly Transaction VolumeInterchange Revenue Share (ie. reward rate)
less than $1M USD0.10%
$1M - 2.5M USD0.25%
$2.5 - 5M USD0.30%
$5M - 10M USD0.35%
$10 - 25M USD0.40%
more than $25M USD0.50%
BCard keeps half of the fees above to pay for our expenses, and distributes the remainder to communities in the form of token rewards or onchain revenue. ## Communities Working Together For Higher Rewards Monthly transaction volume is calculated for all BCard users (regardless of which community you select) and the rates above apply to all transactions once the thresholds are met. This means that **communities on BCard are working together to unlock higher rewards**. Nouns may not be able to drive $1M USD in transaction volume alone, but when you add BanklessDAO and Origin DAO to the mix, we can reach the threshold together and EVERYONE will unlock more rewards. ## Why Isn't Interchange Revenue Share 1-2%? BCard is currently in beta, and 100% owned and operated by the web3 community. As a result we have fewer resources than private VC-backed companies, and don't have access to preferred interchange rates. **As BCard gains users and transaction volume, we can increase our interchange rate to the 100% (ie. the entire 1-2%)**. This will take time, but if we succeed we can become a financial service provider that is owned by its users, which means we'll always have our users' best interests at heart. # Why Does BCard Allow Only ACH Loads? Crypto, Plaid, and Zelle can only be enabled when we have enough transaction volume. It might be surprising to see that a web3 product like BCard only allows ACH (automated clearing house) loading of funds. While we'd like to support loading your card balance via crypto, our card-issuing partners won't allow this just yet, mainly due to the risk associated with the blockchain industry. Plaid and Zelle require large transaction volumes before BCard can support these services. ## What Risk Does Blockchain Pose to a Card Issuer? The US financial system is built of layers of financial service companies (including banks) which accumulate and send capital (money) to each other, charging fees to make profit. Our card issuer (Transcard) has a relationship with a bank (SouthState Bank) who has a relationship with a card network (Mastercard). Each of these relationships may be supported by other financial service companies which provide things like technology (ex. Plaid, Zelle), payment (ex. Stripe), settlement (ex. Dwolla). There are [hundreds thousands of financial service companies](https://www.zippia.com/advice/financial-services-industry-statistics/#:~:text=As%20far%20as%20the%20number,million%20people%20employed%20in%202021.) in the US alone. Given that each of these financial service companies are transacting tens or hundreds of millions of dollars on a daily basis with each other, trust (aka the relationship) between the companies is extremely important. Any breach of trust could be the end for one of these companies. In the case of the blockchain industry, the regulatory environment and collapse of firms like FTX in 2021 created a situation where most banks won't work with any companies who are associated with blockchain. In other words, **working with a blockchain company could be enough for a bank to drop our card issuer as a client**. This would end their business, so it's something they take very seriously. ## The Key: Transaction Volume Since financial services companies make their money via transactions, the key success metric for them is transaction volume (ie the amount of money flowing through their systems). **This means that if BCard can produce enough transaction volume, we can convince more financial services companies to work with us.** How much is enough? There's no hard and fast rule, but a good milestone is $10M USD monthly. We believe **if BCard can get 10,000 people to spend $1000/month using our cards, we can enable crypto, Plaid, and Zelle loads**. ## Taking the Long Road to Guard our Ethos You may have noticed that cards issued by the likes of crypto.com and Coinbase don't have this issue. These companies are privately owned and have raised hundreds of millions in venture capital, which means they can spend hundreds of thousands a month to shortcut their relationships with other financial service companies. It also means they must put the needs of their investors above the needs of their users. BCard, on the other hand, is funded and owned entirely by the web3 community. Since we don't have investors, it means that we can put the needs of our users first. It also means that we can't shortcut the relationship step - we need to build our relationships and transaction volume slowly and steadily. BCard's goal is to have all of the features you expect in a web3 payment card. By taking the long road, we hope we can build an organization you actually want to be part of, rather than just another bank. # Community Reward Tokens Here you can find a list of all tokens we award our users. For legal reasons, **BCard can only distribute tokens that are NOT considered "investment contracts"**. The SEC (Securities and Exchange Commission) uses the Howey Test to define whether or not tokens are investment contracts. The Howey Test looks at the follow criteria: 1. An investment of money 2. In a common enterprise 3. A reasonable expectation of profit derived solely from the efforts of others **BCard does not distribute tokens which would satisfy ALL of the above criteria.** To ensure that's the case, we list all tokens we distribute on this page. ## BCard Points **Contract Address:** none BCard are off-chain points which BCard team distributes to document contribution to our mission. The BCard token is NOT a security: 1. Investment of money? Yes, contributors exchange their effort or interchange fees in exchange for this token. 2. In a common enterprise? Yes, contributors are all working to pursue our mission. 3. A reasonable expectation of profit derived solely from the efforts of others? No, BCard tokens have no claim on revenue or profit. In fact, BCard revenues must go towards pursuit of our mission, as defined in our Foundation Bylaws. ## BANK Token **Contract Address:** [0x2d94aa3e47d9d5024503ca8491fce9a2fb4da198](https://etherscan.io/token/0x2d94aa3e47d9d5024503ca8491fce9a2fb4da198) The BANK token is distributed by BanklessDAO to incentivize contribution to their mission: to create user-friendly onramps to onboard the next 1B people to bankless tools. The BANK Token is NOT a security: * Investment of money? Yes, contributors exchange their effort or purchase tokens from a DEX. * In a common enterprise? Yes, contributors are all working to pursue the mission. * A reasonable expectation of profit derived solely from the efforts of others? No, BANK tokens have no claim on BanklessDAO's treasury. BANK tokens are for governance rights only. ## Glo Dollar Token (USDGLO) **Contract Address:** [0x4f604735c1cf31399c6e711d5962b2b3e0225ad3](https://basescan.org/token/0x4f604735c1cf31399c6e711d5962b2b3e0225ad3) The USDGLO token is distributed by the [Glo Public Benefit Corporation](https://www.glodollar.org/articles/about-us) to help fund public goods via stablecoin profits. The USDGLO Token is NOT a security: * Investment of money? Yes, USDGLO tokens are available for purchase on a DEX. * In a common enterprise? Yes, USDGLO exists to help fund public goods. * A reasonable expectation of profit derived solely from the efforts of others? No, all profits from USDGLO go to funding public goods, not to the holders of the token. ## Higher (HIGHER) Token **Contract Address:** [0x0578d8A44db98B23BF096A382e016e29a5Ce0ffe](https://basescan.org/token/0x0578d8a44db98b23bf096a382e016e29a5ce0ffe) HIGHER was distributed to early members of the community and is used as a way to reward contribution to the decentralized Higher brand. The HIGHER Token is NOT a security: * Investment of money? Yes, HIGHER tokens are available for purchase on a DEX. * In a common enterprise? No, the Higher ecosystem is sufficiently decentralized to the point where a common enterprise does not exist. As their [website](https://www.aimhigher.net/) says "There is no team. You can make anything. Aim Higher." * A reasonable expectation of profit derived from the efforts of others? No, HIGHER token is given for contribution and not for profit. ## Noggles (NOGS) Token **Contract Address:** [0x13741c5df9ab03e7aa9fb3bf1f714551dd5a5f8a](https://basescan.org/token/0x13741c5df9ab03e7aa9fb3bf1f714551dd5a5f8a) The NOGS token is distributed by [NNS Labs](https://nns.xyz/) to incentivize "nounish behaviour". The Noggles Token is NOT a security: * Investment of money? Yes, NOGS tokens are available for purchase on a DEX. * In a common enterprise? No, the Nouns ecosystem is sufficiently decentralized to the point where a common enterprise does not exist. * A reasonable expectation of profit derived from the efforts of others? No, [NOGS tokens are not an investment](https://docs.nns.xyz/) and have no economic value. ## OMF Points **Contract Address:** none OMF are off-chain points which BCard team distributes to document contribution to Open Medicine Foundation. OMF is NOT a security: 1. Investment of money? Yes, contributors contribute interchange fees in exchange for these points. 2. In a common enterprise? Yes, contributors are all working to pursue OMF's mission. 3. A reasonable expectation of profit derived solely from the efforts of others? No, OMF have no claim on revenue or profit. They cannot be traded or sold. ## PoolTogether (POOL) Token **Contract Address:** [0x0cEC1A9154Ff802e7934Fc916Ed7Ca50bDE6844e](https://etherscan.io/token/0x0cEC1A9154Ff802e7934Fc916Ed7Ca50bDE6844e) The POOL token is distributed by [PoolTogether](https://docs.pooltogether.com/pooltogether/pool-token) to "control the PoolTogether protocol". POOL token is NOT a security: * Investment of money? Yes, POOL token is available for purchase on a DEX. * In a common enterprise? Yes, contributors work together to pursue the mission. * A reasonable expectation of profit derived from the efforts of others? No, POOL token is meant for governance and not for profit. ## PURP points **Contract Address:** none PURP are off-chain points which BCard team distributes to document contribution to Purple. PURP is NOT a security: 1. Investment of money? Yes, contributors contribute interchange fees in exchange for these points. 2. In a common enterprise? Yes, contributors are all working to pursue Purple's mission. 3. A reasonable expectation of profit derived solely from the efforts of others? No, PURP have no claim on revenue or profit. They cannot be traded or sold. ## Wrapped Origin ETH (WOETH) **Contract Address:** [0xd8724322f44e5c58d7a815f542036fb17dbbf839](https://arbiscan.io/address/0xd8724322f44e5c58d7a815f542036fb17dbbf839#code) WOETH token is distributed by [Origin Protocol](https://www.originprotocol.com/) and "designed to offer enhanced security, higher yield, and a tighter peg to ETH". Origin Protocol has a legal opinion from a leading US law firm that states that OETH is unlikely to be considered a security under US law. WOETH token is NOT a security. * Investment of money? Yes, WOETH is available for purchase on DEX. * In a common enterprise? No, [according to the SEC](https://www.sec.gov/news/speech/speech-hinman-061418) ETH (and therefore WOETH) is not a security because it is sufficiently decentralized. * A reasonable expectation of profit derived solely from the efforts of others? No, WOETH has a reasonable expectation of profit, but this comes from the underlying asset (ETH) and not from Origin Protocol. # Program Terms and Fee Schedule This is the fine print - the terms, limits, and fees associated with BCard ## User-Friendly Term & Conditions See below for the full [terms & conditions](#terms-and-conditions-from-our-banking-partner) from our partner bank and card-issuer. ### Fee Schedule As a community card made by a non-profit community, BCard aims to charge as few fees as possible and be as transparent as possible with the fees that we do charge. The following fees are charged by our current card-issuing processor (BCard doesn't make any money from these fees): * **Card purchase** (free) - You will not be charged to sign up with BCard * **Monthly fee** (free) - You will not be charged a monthly fee to use BCard * **Direct Deposit** (free) - You will not be charged to load BCard electronically * **Cash reload** (n/a) - You cannot reload BCard with physical cash * **Point of Sale Signature Transaction** (free) - You will not be charged for “credit” transactions which require a signature. * **Point of Sale PIN Transaction** ($0.50) - Every PIN transaction you make (domestic/international) will deduct this fee from your card balance. {% hint style="info" %} You can avoid the PIN Transaction fee by selecting "credit" as your payment type. {% endhint %} * **ATM withdrawal** (n/a) - ATM withdrawal is not available * this applies to in-network, out-of-network, and international ATMs * **Automated Customer Service** (free) - You will not be charged to call our automated customer service line, including for balance inquiries. * **Live Agent Customer Service** (free) - You will not be charged to call and speak to a live agent * **Paper Statement** ($5.00) - You will be charged this fee if you wish for a paper statement to be mailed to you. * **International Transaction** (3%) - You will be charged 3% of the US dollar amount of each transaction. * **Inactivity Fee** ($4.95) - After 12 months of no activity, this fee will be deducted from your card balance every month until a purchase is made or the account balance is depleted. * **Card Replacement** ($5.95) - You will be charged this fee to replace a lost or stolen physical card. Your new card will be delivered by standard mail (5-10 business days). * **Card Replacement - Express** ($25.00) - You will be charged this fee if you wish for your physical card to be shipped by FedEx. This fee will be charged, along with the Card Replacement Card Fee. ### Program Limits | Transaction Description | Amount | | ------------------------------------ | --------- | | Card Balance Maximum | $5000.00 | | Max ACH Load | $5000.00 | | ACH Debit Max Daily | $2,500.00 | | Minimum Purchase Amount | $0.01 | | PIN POS Daily | $2,500.00 | | Signature POS Daily | $2,500.00 | | Max Number of POS Transactions Daily | 20 | | Max Number of ACH Loads Daily | 5 | ## Terms and Conditions from Our Banking Partner The following terms and conditions come straight from our banking provider ([SouthState Bank](https://www.southstatebank.com/)) and card-issuing partner ([Transcard](https://www.transcard.com/)). ### List of all fees for BCard Prepaid Card
All feesAmountDetails
Get started
Card purchase$0.00
Monthly usage
Monthly fee$0.00
Add money
Direct despoit$0.00
Cash reloadN/ACash loading is not available
Spend money
Point of Sale PIN Transaction$0.50Every PIN transaction you make (domestic/international) will deduct this fee from your card balance.
Point of Sale Signature Transaction$0You will not be charged for “credit” transactions which require a signature.
Get cash
ATM widthdrawal (in-network)N/AATM is not available
ATM withdrawal (out-of-network)N/AATM is not available
Information
Customer service (automated)$0No fee for calling our automated customer service line, including for balance inquiries.
Customer service (live agent)$0No fee for calling and speaking to a live agent
Paper Statement$5.00You will be charged this fee if you wish for a paper statement to be mailed to you.
Using your card outside the U.S.
International transaction3%Of the U.S. dollar amount of each transaction.
International ATM withdrawalN/AATM is not available
International ATM balance inquiryN/AATM is not available
Other
Inactivity$4.95

You will be charged $4.95 each month after you have not completed a transaction using your

card for 12 months.

Card Replacement$5.95

You will be charged this fee to replace a lost or stolen physical card. Your new card will be

delivered by standard mail (5-10 business days)

Card Replacement Expressed Mail$25.00You will be charged this fee if you wish for your replacement card to be shipped by FedEx. This fee will be charged, along with the Card Replacement Card Fee.
Register your card for FDIC insurance eligibility and other protections. Your funds will be held at or transferred to [SouthState Bank](https://www.southstatebank.com/), an FDIC-insured institution. Once there, your funds are insured up to $250,000 by the FDIC in the event SouthState Bank fails, if specific deposit insurance requirements are met and your card is registered. See [*fdic.gov/deposit/deposits/prepaid.html*](https://www.fdic.gov/deposit/deposits/prepaid.html) for details. No overdraft/credit feature. Contact Customer Service by calling 1-800-416-6373, by mail at P.O. Box 1069, Chattanooga, TN 37401, or visit [support.getbcard.io](https://support.getbcard.io/). For general information about prepaid accounts, visit [cfpb.gov/prepaid](https://cfpb.gov/prepaid). If you have a complaint about a prepaid account, call the Consumer Financial Protection Bureau at 1-855-411-2372 or visit [cfpb.gov/complaint](https://cfpb.gov/complaint).
# Terms of Use & Privacy Policy ## BCard Terms of Use **Last Updated:** Mar 11, 2024 Welcome to BCard! By using our web application, you agree to the following terms. If you do not agree, please do not use our web application. #### 1. Personal Data and Privacy 1.1. We may collect and process personal data as described in our Privacy Policy (below). 1.2. Your privacy is important, and we are committed to complying with the General Data Protection Regulation (GDPR), even though it’s not a requirement in our jurisdiction (Delaware, USA). #### 2. Data Processors and Security 2.1. We use PCI-compliant data processors to handle payment transactions securely. 2.2. We implement industry-standard security measures to protect your data. However, no method of transmission over the internet is 100% secure. #### 3. User Accounts and Responsibilities 3.1. To access certain features, you must create a user account. You are responsible for maintaining the confidentiality of your account information. #### 4. Intellectual Property 4.1. The content on this web application is our property and is protected by intellectual property laws. 4.2. You may not reproduce, distribute, or modify any content without our written consent. #### 5. Disclaimer of Warranties 5.1. The web application is provided "as is" without any warranties. 5.2. We do not guarantee that the web application will be error-free or meet your requirements. #### 6. Limitation of Liability 6.1. We are not liable for any damages arising from your use of the web application. #### 7. Data Retention 7.1. We retain your personal data for as long as necessary to provide the services outlined in our Privacy Policy. #### 8. Governing Law 8.1. These terms are governed by and construed in accordance with the laws of Delaware, USA. #### 9. Changes to Terms 9.1. We may update these terms. Continued use after changes constitutes acceptance. #### Contact Us: If you have any questions about these terms, please contact us at . ## BCard Privacy Policy BCard (bCard LLC) is owned and operated by the bCard Foundation, whose legal purpose is to bridge the UX gap between web3 and the real world. You can learn more about our legal structure here: [BCard Legal Structure](https://docs.google.com/document/d/1L8c_6-mGTGeJUUZNVunQcQglUPg-jNfrz75SJkkPx9Q/edit). This privacy policy will explain how our organization uses the personal data we collect from you when you use our website. Topics: * What data do we collect? * How do we collect your data? * How will we use your data? * How do we store your data? * Marketing * What are your data protection rights? * What are cookies? * How do we use cookies? * What types of cookies do we use? * How to manage your cookies * Privacy policies of other websites * Changes to our privacy policy * How to contact us * How to contact the appropriate authorities #### What data do we collect? BCard collects the following data: * Personal identification information for issuing payment cards (name, address, date of birth, social security number) and to create an account (email, Ethereum address) * Payment card transaction history to display to you, and for issuing rewards #### How do we collect your data? You directly provide BCard with most of the data we collect. We collect data and process data when you: * Register online or place an order for any of our products or services. * Voluntarily complete a customer survey or provide feedback on any of our websites or emails. * Use or view our website via your browser’s cookies. BCard may also receive your data indirectly from the following sources: * Transaction history from our card-issuing partner, Transcard * Email address and/or Ethereum from our authentication partner, Privy #### How will we use your data? BCard collects your data so that we can: * Create and manage your account with us * Issue a payment card * Email you with product updates and special promotions * Send rewards to your Ethereum wallet * Optimize our user experience If you agree, BCard will share your data with our partner companies so that they may offer you their products and services. * [Transcard](https://www.transcard.com/) - card-issuing provider * [South State Bank](https://www.southstatebank.com/personal) - card-issuing bank * [Privy](https://www.privy.io/) - authentication provider * [Google](https://www.google.com/) - analytics and address-resolving When BCard processes your order, it may send your data to, and also use the resulting information from, credit reference agencies to prevent fraudulent purchases. #### How do we store your data? BCard tries to minimize storage of your data. Most of your data is cached securely on the device you use to login (local storage). We store your login information (email and/or eth address) securely on Vercel, headquartered in Covina, CA. We store your transaction history securely with Digital Ocean in their data center in New York City, NY. Our PCI-compliant card provider (Transcard) keeps a copy of the personal information legally required to issue your payment card. BCard will keep the above information as long as you use our application. #### Marketing BCard would like to send you information about products and services of ours that we think you might like, as well as those of our partner companies. We will never send your information to partners. If you have agreed to receive marketing, you may always opt out at a later date. You have the right at any time to stop BCard from contacting you for marketing purposes. #### What are your data protection rights? BCard is committed to complying with the General Data Protection Regulation (GDPR), even though it’s not a requirement in our jurisdiction (Delaware, USA). GDPR grants the following rights: The right to access – You have the right to request BCard for copies of your personal data. We may charge you a small fee for this service. The right to rectification – You have the right to request that BCard correct any information you believe is inaccurate. You also have the right to request BCard to complete the information you believe is incomplete. The right to erasure – You have the right to request that BCard erase your personal data, under certain conditions. The right to restrict processing – You have the right to request that BCard restrict the processing of your personal data, under certain conditions. The right to object to processing – You have the right to object to BCard’s processing of your personal data, under certain conditions. The right to data portability – You have the right to request that BCard transfer the data that we have collected to another organization, or directly to you, under certain conditions. If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us at our email: . #### Cookies Cookies are text files placed on your computer to collect standard Internet log information and visitor behavior information. BCard endeavours NOT to use cookies, but some of our partner companies do. When you visit our websites, we may collect information from you automatically through cookies or similar technology For further information, visit allaboutcookies.org. #### How do we use cookies? BCard uses cookies in the following ways to improve your experience on our website, including: * Keeping you signed in (authentication) * Understanding how you use our website (analytics) #### What types of cookies do we use? There are a number of different types of cookies, however, our website uses: * Functionality – BCard uses these cookies so that we recognize you on our website and remember your previously selected preferences. These could include what language you prefer and location you are in. A mix of first-party and third-party cookies are used. * Analytics – BCard uses these cookies to collect information about your visit to our website, the content you viewed, the links you followed and information about your browser, device, and your IP address. How to manage cookies You can set your browser not to accept cookies, and the above website tells you how to remove cookies from your browser. However, in a few cases, some of our website features may not function as a result. #### Privacy policies of other websites The BCard website contains links to other websites. Our privacy policy applies only to our website, so if you click on a link to another website, you should read their privacy policy. #### Changes to our privacy policy BCard keeps its privacy policy under regular review and places any updates on this web page. This privacy policy was last updated on March 11, 2024. #### How to contact us If you have any questions about BCard’s privacy policy, the data we hold on you, or you would like to exercise one of your data protection rights, please do not hesitate to contact us. Email us at: .