MACHNET applies the highest standards of guidelines and protocols in relation to Personal Data collected or processed or dealt with in any manner by MACHNET. MACHNET processes Personal Data if you have given your consent for the processing of such data. The processing is necessary to perform a contract with you or perform a legal obligation, and there is a legitimate interest in the collection of Personal Data. As such, you will be asked to provide consent for your data to be used accordingly.
Our Platform collects personal information about your users from a variety of sources in the course of providing money transfer and payment services and related products and services we provide. Personal information we collect and the sources of such personal information include the following:
We endeavor to maintain physical, electronic, and procedural safeguards to protect personal information against loss or theft, as well as unauthorized access, disclosure, copying, use, or modification. Authorized employees, agents, representatives, and mandataries that require access to user’s personal information in order to fulfill their job requirements will have access to your personal information. No data transmission over the Internet or the telephone can be guaranteed to be perfectly secure, and any personal information users submit or access electronically or over the telephone is done at your own risk, and our Platform does not guarantee or warrant the security of information transmitted in these manners. You should be aware that third parties may unlawfully intercept your transmissions or may wrongly instruct you to disclose personal information to them while posing as this our Platform and you should exercise caution when providing user’s personal information to any person. Our Platform’s record retention policies dictate that we maintain information about you, users, including user’s opt-out choices, for a fixed time period. If users do not perform another transaction during the fixed time period, the user’s information, as well as their opt-out choice will be removed. If users perform another transaction or otherwise provide us with personal information thereafter, users will be afforded another opportunity to opt-out.
Our Platform reserves the right to modify this Privacy Statement from time to time. You can get updated Privacy Statements by emailing us at email@example.com. We urge you to review this Privacy Statement frequently to obtain the current version. Your continued provision of personal information or use of our services following any changes to this Privacy Statement constitutes your acceptance of any such changes.