Terms & Conditions

Transparency and Compliance

At Vallo, we provide cutting-edge crypto payment cards that allow users to seamlessly convert digital assets into real-world purchasing power. Our online platform enables users to manage their funds while offering in-depth analytics for financial tracking. However, with financial empowerment comes responsibility, and it is crucial that users understand their obligations regarding transactions and tax compliance.

User Responsibility for Transactions

As a cardholder, you are solely responsible for ensuring that all transactions conducted using your crypto payment card are legal and compliant with the relevant regulations in your jurisdiction. This includes:

• Purchases: Whether online or in-store, users must ensure that transactions align with local financial laws.
• Withdrawals: Any ATM withdrawals must be reported in accordance with applicable financial regulations.
• Transfers: If you are sending or receiving crypto funds, it is your responsibility to ensure proper disclosure and compliance.

Tax Implications of Crypto Payments

Cryptocurrency transactions may be subject to taxation depending on your country's regulations. As a cardholder, you must:

• Report your transactions: Certain jurisdictions require individuals and businesses to declare crypto transactions, whether for personal purchases or business expenses.
• Track gains and losses: Crypto spending may have capital gains tax implications, and keeping accurate records is essential.
• Consult a tax professional: To ensure full compliance, we recommend seeking advice from a financial or tax expert who understands crypto taxation in your region.

Business Users & Partners

For businesses integrating our online platform, it is crucial to inform customers about their financial and tax responsibilities. Our platform provides detailed transaction analytics, allowing businesses and their users to maintain accurate records and ensure compliance.

Final Note

While we provide the tools for seamless crypto payments and withdrawals, it is ultimately the responsibility of each user and business partner to adhere to their local regulations. By using our crypto payment cards, you acknowledge and accept this responsibility.

For further guidance, we encourage users to stay informed about regulatory updates and seek professional financial advice.