Privacy Policy and Terms of Use

Paykasa Privacy Policy

General

Introduction
This privacy policy sets out how Paykasa uses and protects any information that you give Paykasa when you use this website.

Paykasa is committed to ensuring that your privacy is protected. Should we ask you to provide any information by which you can be identified when using this website, it will only be used in accordance with this privacy statement.

We are committed to ensuring that your information is secure. In order to prevent unauthorised access or disclosure, we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online. We will not sell, distribute or lease your personal information to third parties unless we have your permission or are required by all local and international law.

If you believe that any information we are holding on you is incorrect or incomplete, please write to us or email us as soon as possible, at the address provided on our contact page. We will promptly correct any information found to be incorrect.

Collection of Personal Data
We collect, process and store personal data in order to fulfill our contractual obligation to you, and to conduct our business as payment service provider. We also collect and process personal data as part of our regulatory and statutory obligations, imposed by the FCA, HMRC, ICO and the NCA, among others. All personal data we collect in relation to you is kept strictly secured.

The types of personal information we collect and process may include, but is not limited to the following: name, date of birth, address, tax identification number, passport number, internet protocol (IP) address, nationality and place of birth. The data we collect may come from the following:

  • Information you give us when you apply to use any of our services, or a service obtained through one of our Agents, either by application form, online, telephone, email or post
  • Correspondence you send to us or one of our Agents
  • Visits to our website or use of online services, directly through us or via one of our Agents
  • Processing financial transaction through us or one of our Agents
  • Using the services provided by us of our Agents
  • Conducting anti-money laundering checks

Use of Personal Data
We do not pass on, sell or swap any of your personal details with anyone unless we have a legal obligation to do so (for example, if required by the FCA or NCA). Nor do we use your personal data for marketing purposes. The information collected may be processed for the following purposes:

Privacy Notice – V2.0 2

  • Providing you with the product or service you applied for
  • Corresponding with you on the product or service provided
  • Prevention of financial crime. This can include sharing the information with law enforcement and regulatory bodies, such as the FCA and NCA
  • Handling any enquires or requests you make
  • Liaising with our Agents in order to provide the products or service you require, and to assist with the above.

Storage and Access of Personal Data
All the personal data we collect is stored electronically on EU based servers. If personal data is ever stored in paper copy, this will be kept securely at our head office.

From time to time personal data may be accessed by a limited number of our back-office staff based outside of the EU. Data will continue to be stored on servers within the EU, but where this occurs we have, and will continue to, take steps to ensure all personal data is handled securely in accordance with this Privacy Notice and the relevant data protection laws (currently the General Data Protection Regulation).

Retention of Personal Data
We do not keep personal data for longer than necessary, taking in to account the products and services we provide, and the regulatory and reporting obligations we must abide by. In general, personal data will not be kept for longer than 6 years after our relationship with you ends.

When your personal data is no longer required, we will securely delete and destroy it.

Cookies and IP Addresses

Cookies are generally used to help personalise your online experience, but you can adjust your browser settings to refuse cookies. However, we do not store, or enable the request to store, any data when you access or browse our website.

An IP Address is the unique network address of your computer. We do not store or capture IP Addresses when you access or browse our website. However, when completing e-money transactions via one of our Agents, IP Address information is captured so such transactions can be monitored in order to prevent money laundering and financial crime.

Data Subject Rights
You have certain rights in relation to your personal data under current data protection laws, these are as follows:

  • Right to be informed
  • Right to access
  • Right to rectification
  • Right to erasure
  • Right to restrict processing
  • Right to data portability
  • Right to object
  • Rights related to automated decision making including profiling

If you wish to exercise any of your rights, or would like further information, please contact us via the details provided below.

In regards to automated decision making, please note that we usually conduct electronical checks in relation to money laundering and due diligence, as we are legally required to do. But the final decision as to whether we enter in to a contract with you for the provision of e-money or payment services, will be taken by a human being.

Acceptance and changes to this Privacy Notice
By using our website and submitting personal data to us, you acknowledge and accept the terms of this Privacy Policy.

This is the current Privacy Policy. It replaces any other Privacy Policy provided and any future changes will be updated on our website. And where appropriate, we will notify you by email or any other suitable communication.

Changes to Our Privacy Policy
Any changes we may make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail. Contact, questions, comments and requests regarding this privacy policy are welcomed and should be addressed to info@paykasa.com.

Governing Law
Your use of this Site is governed by the laws of the Republic of Cyprus. All disputes arising out of or relating to this website shall be resolved by the Courts of the Republic of Cyprus.

Paykasa account holders only

Fraud and fraud preventions policies

If you open a Paykasa account, at intervals of up to every 3 months and at any other time we feel it is necessary to do so to protect our financial interests and prevent money-laundering or fraud, we share certain information about you and your Paykasa account, financial history and transactions as part of our normal business operations with our banks, payment facilitator partners, credit/debit card processing services, identity verification service providers and credit reference agencies to identify and verify users, to limit our exposure to fraud and other criminal activities and to manage our financial risk. We can provide you with a list of the credit reference agencies we use upon your written request to the email address set out in the Contact Us section below. When conducting identification or fraud prevention checks, the relevant parties may retain a record of our query along with your information and may share this information with other fraud prevention agencies. If you want to know what information these companies hold about you, you can write to them to request access to your information.

Security

We are committed to ensuring that your information is secure. To prevent unauthorised access or disclosure of information we have physical, electronic and managerial procedures in place to keep your information safe. Once logged into your Paykasa account, all internet communication is secured using Secure Socket Layer (SSL) technology with high security 256bit encryption, certified by Comodo. However, this high level of protection can only be effective if you follow certain security practices yourself. You must never share your Paykasa or login details with anyone. If you are concerned that any of your login details have been compromised, you can change them any time once you are logged on but you should always also immediately contact Customer Services and tell us why you think your login details have been compromised. Please read our Paykasa Terms & Conditions for further information on how to keep your Paykasa voucher safe. Details of how to contact Customer Services are available from the “Contact Us” section of the Website.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our site. Any transmission is at your own risk. Once we have received your information, we will use strict procedures and security features to try to prevent unauthorised access. When transferring data outside the EU, we will take steps to ensure that your data is afforded substantially similar protection as data processed within the EU. Please be aware that not all countries have laws to protect data in a manner equivalent to that of the EU. Your use of our products and services will indicate to Us that you agree to the transfer of Your data outside the EU. You have the right to object to the processing of your data and to its transfer outside the EU on compelling legitimate grounds