Akafay: Privacy Policy

1. Information Collection

Customer Information

Personal Details:

  • Name, email, phone, and address
  • Government ID or passport for verification
  • Business documentation where applicable

Financial Data:

  • Bank details and transaction records
  • Credit assessment information

Platform Usage:

  • Browser activity, device information, and login data

External Sources:

  • Credit bureau reports and public records for verification

Merchant Information

  1. Business Details
    • Company name and registration information
    • Tax ID and contact details
  2. Financial Records
    • Banking information
    • Payment processing data
    • Sales and refund history
  3. Business Operations
    • Product/service information
    • Platform activity records
    • Required permits and licenses
  4. Personnel Data
    • Representative contact information
    • Identity verification documents

2. Data Usage

Service Delivery:

  • Process transactions and manage user accounts
  • Verify identities and prevent fraud

Platform Enhancement:

  • Study usage patterns to improve experience
  • Create new features based on user feedback

Communication:

  • Send essential updates and offers
  • Handle support requests

Legal Compliance:

  • Follow regulatory requirements
  • Address suspicious activities

3. Information Sharing

Service Partners:

  • Share data with trusted providers for payment processing, verification, and analytics

Legal Requirements:

  • Disclose information when legally required or to protect platform integrity

Authorized Sharing:

  • Share data with third parties only with explicit user permission

4. Security Measures

Data Protection:

  • Encrypt and secure all sensitive information

Access Control:

  • Limit data access to authorized staff only

Regular Monitoring:

  • Perform routine security checks and updates

5. User Rights

Data Management:

  • Access and update your personal information

Account Control:

  • Request data removal within legal limits

Communication Preferences:

  • Control promotional message settings

6. Cookie Policy

Usage:

  • Employ cookies for login and analytics purposes

User Options:

  • Manage cookie settings through browser

7. Customer Guidelines

Data Collection:

  • Gather necessary information for transactions and support

Information Use:

  • Process payments and provide personalized services

User Control:

  • Manage account settings and information

8. Business Guidelines

Information Requirements:

  • Collect business details for merchant services

Data Processing:

  • Handle account verification and transaction management

Merchant Obligations:

  • Maintain accurate information and follow security protocols requirements outlined by Akafay.