Privacy Policy

1. Introduction

This Privacy Policy explains how Paymit Limited ("Paymit", "we", "us", or "our") collects, uses, stores, shares, and protects your personal information when you use our website, mobile application, and related services (collectively, the "Services").

By using our Services, you acknowledge that you have read and understood this Privacy Policy.

2. Data We Collect

We may collect the following categories of personal data:

• Identification Information: Full name, date of birth, nationality, and government-issued ID numbers (e.g., passport, driving licence).
• Contact Information: Email address, phone number, and residential address.
• Financial Information: Bank account details, card details, and transaction history.
• Technical Information: IP address, device type, browser type, operating system, and usage data.
• KYC Documents: Proof of identity and proof of address documents submitted for verification.

3. How We Use Your Data

We use your personal data for the following purposes:

• To verify your identity (KYC/AML checks)
• To process and manage your money transfers
• To communicate with you regarding your transactions
• To comply with legal and regulatory obligations
• To detect and prevent fraud, money laundering, and other illegal activities
• To improve and personalise our Services
• To send you marketing communications (with your consent)

4. Data Sharing

We may share your personal data with:

• Regulatory and law enforcement authorities
• Financial institutions and payment partners
• Identity verification and fraud prevention service providers
• Technology and hosting service providers

We do not sell your personal data to third parties.

5. Data Retention

We retain your personal data for as long as necessary to fulfil the purposes outlined in this policy, comply with legal obligations, resolve disputes, and enforce our agreements.

6. Your Rights

Under applicable data protection laws, you have the right to:

• Access the personal data we hold about you
• Request correction of inaccurate data
• Request deletion of your data (subject to legal requirements)
• Object to or restrict processing of your data
• Data portability
• Withdraw consent at any time

7. Contact Us

If you have questions about this Privacy Policy or wish to exercise your rights, please contact us at support@paymit.co.uk.