Terms and Conditions

By using the Products and Services, you agree, without limitation or qualification, to be bound by, and to comply with, these Terms and Conditions and any other posted guidelines or rules applicable to any individual Clear Token Inc Product or Service. All such guidelines and rules are hereby incorporated by reference into the Terms and Conditions. You acknowledge and agree that cleartoken.com and cleartokenexchange.com (hereafter "the site") may terminate your access to the site or to any of the Products and Services should you fail to comply with the Terms and Conditions or any other guidelines and rules published by Clear Token. We may amend this Agreement at any time by posting the amended terms on the Site. All amended terms shall automatically be effective after they are initially posted on the site.

Certain Products and Services will require the user to register and provide certain data. In consideration of use of such Products and Services, in registering and providing such data, you represent and warrant that: (a) the information about yourself is true, accurate, current, and complete (apart from optional items) as required by various cleartokenexchange.com payment forms ("Payment Information") and (b) you will promptly update the Payment Information to keep it true, accurate, current and complete. If you provide any information that is untrue, inaccurate, not current or incomplete, or cleartokenexchange.com has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, cleartokenexchange.com has the right to suspend or terminate your account and refuse any and all current or future use of the Products and Services. In cases where you have authorized a minor to use the Products and Services, you recognize that you are fully responsible for: (i) the online conduct of such minor; (ii) controlling the minor's access to and use of the Products and Services; and (iii) the consequences of any misuse by the minor.

Upon registering, you will receive a OTP (One Time Pin). You are responsible for maintaining the confidentiality of the OTP, and are fully responsible for all activities that occur under your account. You agree to (a) immediately notify cleartokenexchange.com of any unauthorized use of your OTP or account or any other breach of security, and (b) ensure that maintain control of your phone. Cleartokenexchange.com cannot and will not be liable for any loss or damage arising from your failure to comply with this requirement.

By policy, on the first of each month, we charge your Exchange account up to $2 and instantly give you the equivelent amount in credits. Your balance remains exactly the same. Credits work like quarters, and the app automatically uses them before other funds on the account.

THE PRODUCTS AND SERVICES ARE PROVIDED "AS IS," WITH NO WARRANTIES WHATSOEVER. ALL EXPRESS, IMPLIED, AND STATUTORY WARRANTIES, INCLUDING, WITHOUT LIMITATION, THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT OF PROPRIETARY RIGHTS, ARE EXPRESSLY DISCLAIMED TO THE FULLEST EXTENT PERMITTED BY LAW.

IN NO EVENT SHALL WE, OUR SUBSIDIARIES, OFFICERS, DIRECTORS, EMPLOYEES OR OUR SUPPLIERS BE LIABLE FOR LOST PROFITS OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH OUR SITE, OUR SERVICES OR THIS AGREEMENT (HOWEVER ARISING, INCLUDING NEGLIGENCE).

You shall comply with all applicable domestic and international laws, statutes, ordinances and regulations regarding your use of our service.

Privacy Statement

Clear Token Inc will not use or share the Personally Identifiable Information collected on our site in ways unrelated to the purpose for which you provided the information. We store and process your information on computers located in the United States that are protected by physical as well as technological security devices. If you object to your Information being transferred or used in this way please do not use our services.

Additionally

Clear Token does not provide services for the following purposes:

1. Tobacco & Nicotine Products

Standard networks explicitly prohibit the sale of tobacco, as it is age-restricted and subject to heavy state/federal excise taxes which processors do not want to audit.

  • Cigarettes and cigars
  • Chewing tobacco and dip
  • Pipe tobacco
  • E-cigarettes and vaping devices
  • Vape liquids, pods, and cartridges (regardless of nicotine content)
  • Nicotine pouches (e.g., Zyn)
  • Rolling papers (when sold explicitly as tobacco accessories)

2. Gambling & Wagering

Only highly specialized, explicitly licensed gambling processors (like Sightline or JCM Global) can handle these. Standard processors cannot.

  • Lottery tickets (state, national, or international)
  • Online casino gaming (slots, roulette, etc.)
  • Sports betting (online and in-person, unless via a dedicated, licensed POS system)
  • Horse racing wagering / Off-track betting (OTB)
  • Online poker
  • Bingo (for cash prizes)
  • Fantasy sports (often restricted to debit, or requires specialized underwriting)
  • Virtual casino chips or in-game wagering

3. Adult Content & Services

Mastercard and Visa implemented massive crackdowns on this industry in 2020/2021, requiring strict age verification and content moderation that standard processors cannot provide.

  • Pornographic video subscriptions
  • Live webcamming services
  • Explicit image/content websites
  • Escorts or prostitution (also illegal)
  • "Sugar dating" or adult matchmaking platforms
  • Sex toys and novelty items (Note: Mastercard recently reclassified these, and many standard processors have dropped them entirely due to compliance liability).

4. Illegal Drugs & Controlled Substances (Federal)

Because card networks are federally regulated, they adhere to the federal Controlled Substances Act, regardless of state-level legalization.

  • Marijuana / Cannabis (THC products, even in legal states)
  • Psychedelics (Psilocybin, MDMA, LSD, DMT—even where decriminalized)
  • Cocaine, heroin, methamphetamines, etc.
  • Unlicensed or grey-market Kratom
  • Delta-8 and Delta-9 THC products (strictly prohibited by standard processors)

5. Cash Equivalents & Financial Instruments

Processors make money on interchange fees. Buying cash equivalents results in zero interchange and massive money-laundering risk.

  • Money orders
  • Traveler’s checks
  • Foreign currency (paper bills or coins)
  • Stored-value cards (Buying gift cards with a credit card is strictly prohibited by network rules to prevent arbitrage and fraud)
  • Cryptocurrency purchases (Note: While a few specific exchanges allow it via specialized partnerships, standard merchants absolutely cannot sell crypto via a standard gateway).
  • Casino chips / gaming tokens
  • Peer-to-Peer (P2P) money transfers (e.g., you cannot fund a Venmo/CashApp balance with a credit card without it being coded as a Cash Advance, which standard merchants cannot do).

6. Pharmaceuticals & Pseudo-Pharmaceuticals

The FDA and card networks aggressively target unverified pharmacies.

  • Prescription drugs sold without a verified, direct-to-doctor prescription (online pill mills)
  • Controlled prescription medications (Opioids, Adderall, Xanax, etc.)
  • Anabolic steroids
  • Human Growth Hormone (HGH)
  • "Research chemicals" (often synthetic drugs sold under the guise of laboratory research)
  • Unapproved or fake COVID-19 testing kits/treatments

7. Weapons, Ammunition & Tactical Gear

While some specialized high-risk processors handle firearms, the vast majority of standard acquirers prohibit them due to legal liability.

  • Firearms (handguns, rifles, shotguns)
  • Ammunition (bullets, shells, reloading powder)
  • High-capacity magazines
  • Certain firearm parts (lower receivers, auto-sears)
  • Stun guns / Tasers (often restricted)

8. Counterfeit, Pirated & Intellectual Property Infringing Goods

Card networks are subject to international anti-piracy laws.

  • Fake designer clothing, bags, and shoes ("replicas")
  • Counterfeit watches and jewelry
  • Pirated software, movies, or music downloads
  • Mod chips or devices designed solely to bypass copyright protection (e.g., game console jailbreaking tools)

9. Pseudo-Financial Scams & High-Risk "Get Rich Quick" Schemes

Visa and Mastercard maintain "Zero Tolerance" policies for these because of massive chargeback rates.

  • Binary options trading platforms
  • Unregulated Forex (Foreign Exchange) trading platforms
  • Tech support scams (e.g., "Microsoft called me" pop-ups)
  • "Miracle" weight loss supplements (often contain illegal or undeclared ingredients)
  • Credit repair / Debt consolidation services (considered massively high-risk)
  • Pyramid schemes / Multi-Level Marketing (MLM) recruitment fees
  • Government grant schemes

10. Other Prohibited / Highly Restricted Activities

  • Bail Bonds: Prohibited by most standard processors.
  • Ticket Scalping: Reselling event tickets above face value.
  • Dating Services / Matchmaking: Often blocked due to incredibly high chargeback ratios (people charge back after a bad date).
  • Telemarketing: Outbound telemarketing sales are prohibited by Visa unless you have a specialized, highly vetted account.
  • Peer-to-Peer Lending: Unregulated lending platforms.
  • Bitcoin Mixing / Tumbling: Services designed to obscure the origin of cryptocurrency.