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†Bidali Cash is a closed-loop, prepaid, stored-value instrument, similar to a digital e-gift card. Bidali Cash is issued solely by Bidali and represents pre-purchased credit at Bidali that is redeemable for goods and services offered on the Bidali Platform. Bidali Cash is denominated in official government issued currency (such as CAD or USD). Bidali Cash has no cash value, and is not redeemable for cash. Bidali Cash is issued as a cryptographically secured rewards token on a distributed ledger in order to improve fraud, loss, and theft prevention. Your Bidali Account Balance is not a deposit account which means that your Bidali Cash account balance will not be protected by the Canadian Deposit Insurance Corporation ("CDIC") or Federal Deposit Insurance Corporation ("FDIC") in the United States. By using the Bidali Services you acknowledge that the purchase of Bidali Cash is a commercial transaction whereby you are purchasing non-refundable stored value credit, akin to a gift card or voucher, for use on the Bidali platform. As such, your purchase of Bidali Cash should not be misconstrued for a bank deposit, loan, or purchase of a derivative or security. For more details please review our Terms of Use.
The merchant as well as its owners and affiliates ("Brand"), for whom gift cards, mobile airtime, and other products and services are available within the Bidali Services, are not sponsors of Bidali, the Bidali Services, or otherwise affiliated with Bidali other than through a reseller or affiliate marketing relationship. The logos and other identifying marks attached are trademarks of and owned by each represented merchant. For complete terms and conditions, please read the merchant's own gift card terms and conditions. Gift card trademarks and copyrights belong solely to the merchant.