🔏Privacy Policy
Privacy Policy Purpose
This Privacy Policy is crafted by Fastpay Gateway. to delineate the methodologies used for processing personal data through our website, https://fastpay.finance/. It outlines the types of personal data we process, the purpose of processing your data, your rights concerning your personal data, and how we handle it. Our Privacy Policy applies solely to personal information provided by you or acquired from our partners and excludes anonymized data as it cannot be used for identification purposes.
Disclaimer
Please read this policy attentively. By accepting the terms herein, you consent to be bound legally by its contents and any terms incorporated by reference. If you disagree with any part of this policy, you must cease using our website immediately. Our website and services are not intended for individuals under 18 years of age. We do not collect personal information from children knowingly. If such a case arises, we will take necessary actions including blocking access to our services for such users and deleting their information promptly upon discovery. Regular updates to this policy may occur, and continued use of our services post-update constitutes acceptance of the revised policy. Non-acceptance of substantial changes may restrict your ability to use our services.
Data Processing Instances
Personal data is processed when users interact with our website, utilize our API or third-party services listed on our website, engage with our payment processing or marketing emails, collectively referred to as "Services".
Definitions Used in Our Policy
Processing: This term refers to any action or series of actions performed on personal data, which may or may not involve automated systems. These actions include collecting, recording, organizing, storing, updating, modifying, retrieving, using, sharing, anonymizing, blocking, deleting, or destroying personal data, as specified in our policy.
User/Users: This refers to any natural person who visits or uses our website and services, or natural persons who represent our commercial clients.
Personal Data: Information that identifies an individual or is capable of doing so.
Cookies: Small pieces of data sent from our web server and stored on a user's device. Cookies enhance website functionality, enabling us to remember user preferences (such as language settings) and to analyze website traffic.
Party/Parties: This term is used to designate the involved entities in an agreement or transaction, which, in the context of our terms, refers to you (the user) and Fastpay Gateway.
Services: The range of services offered by Fastpay, accessible via our website.
These definitions are integral to understanding the terms of our privacy policy and how we handle your data in compliance with legal standards.
Data Security and Processing Policies at Fastpay Gateway
At Fastpay Gateway, we ensure a high level of security for processing personal data. We implement all reasonable safeguards to protect users' personal data from unauthorized access, as well as to prevent data loss, misuse, alteration, or destruction.
We strictly adhere to privacy standards and do not process sensitive categories of personal data, such as information disclosing racial or ethnic origin, political opinions, religious or philosophical beliefs.
We may utilize Automated Decision-Making (ADM) processes as part of our services to expedite operations. For instance, ADM can be employed to verify the accuracy of the information provided by users. It's important to note that decisions made by ADM are not legally binding, and you have the right to contest any decisions derived from ADM by contacting us directly.
Furthermore, we assure that we do not engage in selling users' personal data for monetary gains.
Data Utilization
We collect and process personal data for several purposes such as statistical analysis, user support, service enhancement, and compliance with legal obligations. Personal data includes but is not limited to names, email addresses, transaction details, technical data from website interactions, and cookies.
Legal Basis for Data Processing
The collection and processing of your personal data are based on:
Explicit consent obtained via consent forms.
Contractual necessities to fulfill our obligations.
Legitimate interests in providing efficient and secure services.
Cookies Policy
Cookies are utilized by our website to enhance user experience and facilitate seamless navigation. When you log into our website, cookies are activated to remember your session. This functionality spares you from the need to repeatedly log in on each new page you visit. These session cookies are deleted or cleared once you log out, restricting access to certain features and areas to logged-in users only.
Additionally, when you enter information through forms on our website, like a contact page or a comment box, cookies are employed to remember your user details for future interactions. This is done to streamline your experience and prevent repetitive input of the same information.
Types of Cookies We Use
Necessary Cookies: These cookies are essential for basic website operations such as page navigation and access to secure areas. Without these cookies, the website cannot function properly. They also help in ensuring compliance with GDPR requirements by detecting if visitors have accepted the marketing category in the cookie banner.
Statistics Cookies: These cookies collect information about how visitors interact with our website, providing anonymous data on user behavior. This helps us to understand visitor interactions with various website features, such as real-time price and stock bars, enhancing our understanding of user needs and preferences.
Marketing Cookies: These cookies track users across websites to display personalized and relevant advertisements. The goal is to provide ads that are both engaging and of interest to the user, increasing value for publishers and third-party advertisers.
Persistent Cookies and Third-Party Cookies
Some of the cookies we employ are persistent, meaning they remain on your device for a duration—typically one year—to maintain your preferences over long periods. In certain instances, we also integrate third-party cookies from trusted partners to deliver customized content based on your preferences and interactions, which may be gathered directly or derived from linked social media accounts.
Third-party analytics cookies are used to measure and track site usage, which assists in producing content that engages our users effectively. These analytics help in monitoring user engagement metrics such as time spent on the site and navigation patterns.
Continuous Improvement and Testing
Our website may occasionally undergo tests for new features or adjustments to the delivery of existing features. During these tests, cookies play a crucial role in ensuring that all users experience consistency in service and functionality.
By employing these cookies, we aim to improve our website continuously, ensuring it meets your needs and expectations effectively.
Disclosure of Data to Third Parties
Occasionally, it becomes necessary for us to share your personal data with third parties. This sharing is done under strict confidentiality agreements to ensure your data is protected. Below are the categories of third parties with whom we might share your data:
Group Entities or Subsidiaries: We may share your information within our corporate family for processing and service enhancement.
Governmental and Law Enforcement Agencies: We may disclose your data to government officials, law enforcement, or other public bodies as required by law or to respond to legal processes.
Business Partners and Service Providers: This includes suppliers, contractors, sponsors, analytics, and search engine providers to facilitate the services we offer you.
Purposes for Sharing Personal Information
We share your personal data with third parties for several specific reasons:
Service Delivery: To provide and manage the services you have requested.
Legal Compliance: To comply with legal obligations, including but not limited to fraud prevention, law enforcement, and other legal actions.
Safety and Security: To prevent activities we believe might be potentially illegal, unethical, or harmful to others.
Corporate Transactions: In the event of a merger, acquisition, or reorganization, we might transfer all personal data to the relevant third party, subject to your consent where required by law.
Handling of Non-Identifiable Data
We also share anonymous or aggregated data that does not personally identify you for analytical purposes. This data helps us to enhance our services and better understand user needs.
Access to Full List of Third Parties
The specific third parties with whom we share your data may vary depending on how you use our services. For a comprehensive list of these third parties, please contact us at support@fastpay.finance.
By carefully managing these disclosures, we ensure that your personal data is handled responsibly and in accordance with applicable privacy laws.
Your Rights Under This Privacy Policy
We recognize and uphold your rights concerning your personal data, as outlined below:
Right to Access: You have the right to inquire about the personal data we hold about you at any time. This includes information on how and why we process it.
Right to Correction: If you find that any personal data we hold is incomplete, outdated, incorrect, or has been unlawfully obtained, you can request that we update, block, or delete it.
Right to Deletion: You can request the deletion of all your personal data from our records. Please note that once your account is deleted, it cannot be restored.
Right to Object: You have the right to object to the processing of your personal data. While we will stop processing your data upon objection, we are allowed to retain it.
Right to Data Portability: Under specific conditions, you may request that we transfer or export your personal data to another organization or directly to you.
Right to Lodge a Complaint: You are entitled to lodge a complaint against Fastpay Ltd with the relevant supervisory authority if you believe your data protection rights have been breached.
If you wish to exercise any of these rights, please contact us via email at support@nowpayments.io or send a mail directly to our official address. We are committed to respecting your rights and will respond to your inquiries promptly.
Data Retention
Our policy is to retain personal data only for as long as necessary to fulfill the purposes for which it was collected. We aim to limit the processing and storage of personal data to the minimum duration required for our operational, legal, and regulatory needs.
Necessary Retention for Service Provision and Legal Compliance: We retain certain personal and transactional data for a minimum of one year following the termination of our business relationship with you. This retention period supports necessary functions such as KYC (Know Your Customer) compliance, dispute resolution, enforcement of agreements, and the continued provision of our services.
Security and Operational Integrity: We maintain data that is essential for protecting legal rights, and for meeting technical and legal requirements that ensure the security and functionality of our services. This data is accessed internally on a strictly "need to know" basis.
Deletion of Unnecessary Data: Once the data is no longer required for service provision, legal compliance, or business operations, we commit to deleting it promptly. This approach ensures that your personal information is not kept longer than necessary.
By adhering to this policy, we ensure that your personal data is managed responsibly and securely, minimizing potential risks while complying with applicable laws and regulations.
This rephrasing maintains the original intent and informational content of the provided privacy policy while adapting the terminology and structure to avoid direct copying and to introduce clarity and a logical flow to the document.
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