1. Introduction
Payfazt ("we", "our", or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our mobile application and related services.
2. Information We Collect
We may collect the following types of information:
- Personal Information: Name, email address, phone number, and date of birth provided during registration.
- Financial Information: Bank account details and payment card information necessary to process transactions.
- Device Information: Device type, operating system, unique device identifiers, and mobile network information.
- Usage Data: Information about how you use the app, including transaction history, features accessed, and interaction patterns.
- Location Data: With your consent, approximate location data to enable nearby payment features via Bluetooth.
- Contacts: With your permission, access to your contact list to help you find friends on Payfazt.
3. How We Use Your Information
We use the information we collect to:
- Create and manage your account.
- Process payments and transactions.
- Verify your identity and prevent fraud.
- Enable features such as nearby discovery and friend connections.
- Send you transaction confirmations and important service updates.
- Improve and personalise your experience.
- Comply with legal and regulatory obligations.
4. How We Share Your Information
We do not sell your personal information. We may share your data with:
- Payment Processors: To facilitate transactions securely.
- Service Providers: Third-party companies that help us operate the app (e.g., cloud hosting, analytics, push notifications).
- Legal Authorities: When required by law, regulation, or legal process.
- Other Users: Your display name and username are visible to other users for payment purposes.
5. Data Security
We implement industry-standard security measures including encryption, secure authentication (including biometric options), and regular security assessments to protect your information. However, no method of electronic transmission or storage is 100% secure.
6. Data Retention
We retain your personal information for as long as your account is active or as needed to provide our services. We may also retain data as required by applicable laws and regulations.
7. Your Rights
Depending on your location, you may have the right to:
- Access the personal data we hold about you.
- Request correction of inaccurate data.
- Request deletion of your data.
- Object to or restrict the processing of your data.
- Request data portability.
- Withdraw consent at any time.
8. Third-Party Services
Our app may use third-party services such as Firebase (for authentication and notifications), analytics providers, and payment processors. These services have their own privacy policies, and we encourage you to review them.
9. Children's Privacy
Payfazt is not intended for use by individuals under the age of 18. We do not knowingly collect personal information from children.
10. Changes to This Policy
We may update this Privacy Policy from time to time. We will notify you of any significant changes through the app or via email. Your continued use of the app after changes are posted constitutes acceptance of the updated policy.
11. Contact Us
If you have any questions about this Privacy Policy, please contact us at:
Email: support@payfazt.com