Sun Asset Bank
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Privacy Policy

Last updated: January 2025

1. Information We Collect

We collect information you provide directly, including your name, email address, phone number, and identity verification documents. We also automatically collect usage data, device information, and transaction logs.

2. How We Use Your Information

We use your information to provide and improve our services, verify your identity (KYC), process transactions, send notifications, comply with legal obligations, and detect fraud.

3. Information Sharing

We do not sell your personal information. We may share data with regulatory authorities as required by law, payment processors for transaction processing, and identity verification partners for KYC compliance.

4. Data Security

We implement industry-standard security measures including encryption at rest and in transit, multi-factor authentication, and regular security audits. However, no system is completely secure.

5. Data Retention

We retain your data for as long as your account is active and as required by applicable financial regulations, typically 5-7 years after account closure.

6. Your Rights

Depending on your jurisdiction, you may have rights to access, correct, delete, or export your personal data. Contact us at privacy@novapay.diy to exercise these rights.

7. Cookies

We use essential cookies for authentication and session management. We do not use advertising or tracking cookies.

8. Children's Privacy

Our services are not directed to individuals under 18. We do not knowingly collect personal information from minors.

9. International Transfers

Your data may be processed in countries other than your own. We ensure appropriate safeguards are in place for international data transfers.

10. Contact Us

For privacy-related inquiries or to exercise your rights, contact our Data Protection Officer at privacy@novapay.diy.

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