This privacy policy (hereinafter – the “Privacy Policy”) governs the manner in which the SafetransactiON platform (hereinafter – the “SafetransactiON”, “we”, “us”, “our”) collects, uses, processes, stores, and discloses information received from users of our website https://safetransaction.org (“Website”) in order to provide you with services available through the Website (hereinafter – the “Services”).
This Privacy Policy has incorporated provisions of the EU General Data Protection Regulation (GDPR), ePrivacy Directive, The Data Protection Act and is compliant with them and set in coherence with other valid generally binding legal regulations as we act in accordance with personal information processing rules within the European Economic Area (EEA).
We respect the privacy of all users of the Website and ensure that the Personal Data of the consumers are treated confidentially and in compliance with applicable laws and regulations.
This Privacy Policy applies to the Website, the Services, and products offered by SafetransactiON (whenever you use Services through the Website or mobile application or by corresponding with us - for example, by e-mail or by filling messaging form on the Website).
We assume that you have carefully read this document and accepted it.
By using the Website, our Services, and products offered by SafetransactiON, contacting us you express your consent to the terms of this Privacy Policy. By clicking the confirm-checkbox while creating the Account on the Platform you provide us with your explicit consent to the terms of this Privacy Policy and all the data practices described in this Privacy Policy and in the User Agreement including the processing, storage, and usage of your Personal Data.
If you disagree with this Privacy Policy, then you should refrain from using our Website, mobile application, and/or Services or opening an Account. This Privacy Policy is an integral part of our User Agreement.
If you have any questions regarding this Privacy Policy and/or questions/requests regarding your Personal Data, please contact our Data Protection Officer at admin@safetransaction.org
What is GDPR, who is under compliance?
The General Data Protection Regulation (“GDPR”) is EU privacy and data protection law. It calls for more granular privacy guardrails in an organization’s systems, more nuanced data protection agreements, and more consumer-friendly and detailed disclosures about an organization’s privacy and data protection practices.
This Regulation applies to the processing of Personal Data wholly or partly by automated means, and to the processing other than by automated means of Personal Data which form part of a filing system or are intended to form part of a filing system. Generally, The GDPR requirements apply to all companies, institutions, and organizations that process Personal Data.
Processing Personal Data is a broad concept under the GDPR
The GDPR governs how the Personal Data of individuals may be processed by organizations. “Personal Data” and “processing” are frequently used terms in the legislation, and understanding their particular meanings under the GDPR illuminates the true reach of this law:
Personal Data is any information relating to an identified or identifiable individual. This is a very broad concept because it includes any information that could be used on its own or in combination with other pieces of information to identify a person. Personal Data is not just a person’s name or e-mail address. It can also encompass information such as financial information or even, in some cases, an IP address. Moreover, certain categories of Personal Data are given a higher level of data protection because of their sensitive nature and are not processed. These categories of data are information about an individual’s racial and ethnic origin, political opinions, religious and philosophical beliefs, trade union membership, genetic data, biometric data, health data, information about a person’s sex life or sexual orientation, and criminal record information (including Personal Data about criminal offenses, or alleged offenses).
Processing Personal Data is the key activity that triggers obligations under the GDPR. Processing means any operation or set of operations that is performed on Personal Data or on sets of Personal Data, whether or not by automated means, such as collection, recording, organization, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure, or destruction. In practical terms, this means any process that stores or consults Personal Data is considered processing.
The GDPR can apply to organizations located outside the EU
The GDPR is relevant to any globally operating company, not just those located in the EU. Under the GDPR, organizations may be in scope if (i) the organization is established in the EU, or (ii) the organization is not established in the EU, but the data processing activities are with regard to EU individuals and relate to the offering of goods and services to them or the monitoring of their behavior.
Personal Data collection and usage
We will collect, store and use your Personal Data for the purposes set in this Privacy Policy.
We have identified the types of Personal Data we may use about you and how and why we will use them.
What Personal Data we may collect
Personal Data that our customers provide us for the registration, include:
your contact details, including your name, address, e-mail address, and telephone number(s);
your identification details, including your date of birth, gender, residence address.
Know Your Customer (KYC) Personal Data from you, third parties and/or publicly available sources including:
passport or another government-issued identity document (as well as the number and expiry date of the identity document);
your photo;
documents establishing your source of funds;
results of KYC or Politically Exposed Person (PEP) checks, including information collected by our suppliers;
other Personal Data if provided during passing KYC/compliance/verification procedures (including additional), etc.
Personal Data you provide as part of your account with us, including:
your password;
your account and marketing preferences.
Personal Data relating to your use of our Services, including:
your orders, instructions to us;
your transactions using your account(s), including your account(s) in third-party bank(s), financial institution(s), payment card details, etc., the amount, originator or beneficiary, and time/date of the transfers you make and receive;
information about the digital device through which you access our Services, such as device type, operating system, screen resolution, unique device identifiers, the mobile network system;
IP address;
date and time of log-in and requests;
Personal Data in your correspondence with us, by e-mail, telephone, messaging, texts, on-line chats, via social media, or otherwise;
whether you've clicked on links in electronic communications from us, including the URL clickstream to our website;
Personal Data that you provide in response to our surveys.
Personal Data that we collect from third parties in order to be able to register you as a customer or to provide Services to you:
Personal Data related to payments to or from your accounts with us, provided by payment processing services, banks, card schemes and other financial services firms;
Personal Data from credit reference agencies or fraud prevention agencies.
Personal Data that we collect through your use of our website (whether or not you have registered for our Services) including:
device information such as operating system, unique device identifiers, the mobile network system;
hardware and browser settings;
date and time of visits;
the pages you visit, the length of the visit, your interactions with the page (such as scrolling, clicks and mouse-overs), methods to browse away from our website, and search engine terms you use;
IP address.
Personal Data that we collect from individuals representing organizations such as our corporate customers and suppliers, including:
names, roles, and contact details of individuals working for organizations;
other Personal Data regarding such individuals;
any Personal Data contained in correspondence with those individuals.
How we may use your Personal Data
We collect and process all types of Personal Data to provide you with our Services, ensure that Services function properly, as well as to verify your identity and ensure the security of our Services, as follows:
We may use Personal Data that you give us to register with us to:
process your registration request;
on-board you as a customer;
provide our products and Services;
manage and administer our Services, including your account with us;
communicate with you about your account and our Services, including informing you of our products and Services;
send personalized offers of Services and products.
We may use Know Your Customer (KYC) Personal Data to:
carry out regulatory checks and meet our obligations to our regulators;
help us ensure that our customers are genuine and to prevent and detect fraud, money laundering and other crime (such as terrorist financing and offenses involving identity theft).
We may use Personal Data that you provide as part of your account with us to:
manage and administer your account with us;
communicate with you regarding your account and our Services.
We may use Personal Data relating to your use of our Services to:
manage and administer our Services and systems;
check if you are in a location or using a device consistent with our records in order to help prevent fraud;
develop and improve our Services based on analyzing this information, the behaviors of our users, and the technical capabilities of our users;
improve our Services to better suit the behaviors and technical capabilities of the users of our Service;
answer any issues or concerns;
monitor customer communications for quality and training purposes.
We may use Personal Data that we collect from third parties in order to be able to
This Privacy Policy has incorporated provisions of the EU General Data Protection Regulation (GDPR), ePrivacy Directive, The Data Protection Act and is compliant with them and set in coherence with other valid generally binding legal regulations as we act in accordance with personal information processing rules within the European Economic Area (EEA).
We respect the privacy of all users of the Website and ensure that the Personal Data of the consumers are treated confidentially and in compliance with applicable laws and regulations.
This Privacy Policy applies to the Website, the Services, and products offered by SafetransactiON (whenever you use Services through the Website or mobile application or by corresponding with us - for example, by e-mail or by filling messaging form on the Website).
We assume that you have carefully read this document and accepted it.
By using the Website, our Services, and products offered by SafetransactiON, contacting us you express your consent to the terms of this Privacy Policy. By clicking the confirm-checkbox while creating the Account on the Platform you provide us with your explicit consent to the terms of this Privacy Policy and all the data practices described in this Privacy Policy and in the User Agreement including the processing, storage, and usage of your Personal Data.
If you disagree with this Privacy Policy, then you should refrain from using our Website, mobile application, and/or Services or opening an Account. This Privacy Policy is an integral part of our User Agreement.
If you have any questions regarding this Privacy Policy and/or questions/requests regarding your Personal Data, please contact our Data Protection Officer at admin@safetransaction.org
What is GDPR, who is under compliance?
The General Data Protection Regulation (“GDPR”) is EU privacy and data protection law. It calls for more granular privacy guardrails in an organization’s systems, more nuanced data protection agreements, and more consumer-friendly and detailed disclosures about an organization’s privacy and data protection practices.
This Regulation applies to the processing of Personal Data wholly or partly by automated means, and to the processing other than by automated means of Personal Data which form part of a filing system or are intended to form part of a filing system. Generally, The GDPR requirements apply to all companies, institutions, and organizations that process Personal Data.
Processing Personal Data is a broad concept under the GDPR
The GDPR governs how the Personal Data of individuals may be processed by organizations. “Personal Data” and “processing” are frequently used terms in the legislation, and understanding their particular meanings under the GDPR illuminates the true reach of this law:
Personal Data is any information relating to an identified or identifiable individual. This is a very broad concept because it includes any information that could be used on its own or in combination with other pieces of information to identify a person. Personal Data is not just a person’s name or e-mail address. It can also encompass information such as financial information or even, in some cases, an IP address. Moreover, certain categories of Personal Data are given a higher level of data protection because of their sensitive nature and are not processed. These categories of data are information about an individual’s racial and ethnic origin, political opinions, religious and philosophical beliefs, trade union membership, genetic data, biometric data, health data, information about a person’s sex life or sexual orientation, and criminal record information (including Personal Data about criminal offenses, or alleged offenses).
Processing Personal Data is the key activity that triggers obligations under the GDPR. Processing means any operation or set of operations that is performed on Personal Data or on sets of Personal Data, whether or not by automated means, such as collection, recording, organization, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure, or destruction. In practical terms, this means any process that stores or consults Personal Data is considered processing.
The GDPR can apply to organizations located outside the EU
The GDPR is relevant to any globally operating company, not just those located in the EU. Under the GDPR, organizations may be in scope if (i) the organization is established in the EU, or (ii) the organization is not established in the EU, but the data processing activities are with regard to EU individuals and relate to the offering of goods and services to them or the monitoring of their behavior.
Personal Data collection and usage
We will collect, store and use your Personal Data for the purposes set in this Privacy Policy.
We have identified the types of Personal Data we may use about you and how and why we will use them.
What Personal Data we may collect
Personal Data that our customers provide us for the registration, include:
your contact details, including your name, address, e-mail address, and telephone number(s);
your identification details, including your date of birth, gender, residence address.
Know Your Customer (KYC) Personal Data from you, third parties and/or publicly available sources including:
passport or another government-issued identity document (as well as the number and expiry date of the identity document);
your photo;
documents establishing your source of funds;
results of KYC or Politically Exposed Person (PEP) checks, including information collected by our suppliers;
other Personal Data if provided during passing KYC/compliance/verification procedures (including additional), etc.
Personal Data you provide as part of your account with us, including:
your password;
your account and marketing preferences.
Personal Data relating to your use of our Services, including:
your orders, instructions to us;
your transactions using your account(s), including your account(s) in third-party bank(s), financial institution(s), payment card details, etc., the amount, originator or beneficiary, and time/date of the transfers you make and receive;
information about the digital device through which you access our Services, such as device type, operating system, screen resolution, unique device identifiers, the mobile network system;
IP address;
date and time of log-in and requests;
Personal Data in your correspondence with us, by e-mail, telephone, messaging, texts, on-line chats, via social media, or otherwise;
whether you've clicked on links in electronic communications from us, including the URL clickstream to our website;
Personal Data that you provide in response to our surveys.
Personal Data that we collect from third parties in order to be able to register you as a customer or to provide Services to you:
Personal Data related to payments to or from your accounts with us, provided by payment processing services, banks, card schemes and other financial services firms;
Personal Data from credit reference agencies or fraud prevention agencies.
Personal Data that we collect through your use of our website (whether or not you have registered for our Services) including:
device information such as operating system, unique device identifiers, the mobile network system;
hardware and browser settings;
date and time of visits;
the pages you visit, the length of the visit, your interactions with the page (such as scrolling, clicks and mouse-overs), methods to browse away from our website, and search engine terms you use;
IP address.
Personal Data that we collect from individuals representing organizations such as our corporate customers and suppliers, including:
names, roles, and contact details of individuals working for organizations;
other Personal Data regarding such individuals;
any Personal Data contained in correspondence with those individuals.
How we may use your Personal Data
We collect and process all types of Personal Data to provide you with our Services, ensure that Services function properly, as well as to verify your identity and ensure the security of our Services, as follows:
We may use Personal Data that you give us to register with us to:
process your registration request;
on-board you as a customer;
provide our products and Services;
manage and administer our Services, including your account with us;
communicate with you about your account and our Services, including informing you of our products and Services;
send personalized offers of Services and products.
We may use Know Your Customer (KYC) Personal Data to:
carry out regulatory checks and meet our obligations to our regulators;
help us ensure that our customers are genuine and to prevent and detect fraud, money laundering and other crime (such as terrorist financing and offenses involving identity theft).
We may use Personal Data that you provide as part of your account with us to:
manage and administer your account with us;
communicate with you regarding your account and our Services.
We may use Personal Data relating to your use of our Services to:
manage and administer our Services and systems;
check if you are in a location or using a device consistent with our records in order to help prevent fraud;
develop and improve our Services based on analyzing this information, the behaviors of our users, and the technical capabilities of our users;
improve our Services to better suit the behaviors and technical capabilities of the users of our Service;
answer any issues or concerns;
monitor customer communications for quality and training purposes.
We may use Personal Data that we collect from third parties in order to be able to