VERITYSPHERE INNOVATIONS PRIVATE LIMITED
and its affiliated entities ("Veritysphere Pay") are committed to ensuring the protection of
your privacy and personal information. Throughout this document, "we" and "our" pertain to Veritysphere Pay, while "you" and "your" refer to the Platform User. Personal information refers to data related to
an identified or identifiable individual or, in certain instances, a specific household. This privacy
statement comprehensively addresses the types of personal information we obtain and gather, the methods
by which we use, share, and secure this information, our utilization of cookies and similar
technologies, as well as your rights and choices in this regard. If you have any questions about our
Privacy Policy, please do not hesitate to contact us.
Definitions And Terminology
Account Definition:
An "Account" refers to the user account associated with Veritysphere Pay.
Personal Data Explanation:
"Personal Data" encompasses information that can be attributed to an identifiable individual. This
includes, but is not limited to, a person's name, mailing address (including billing and shipping
addresses), phone number, email address, financial account details, account number, and date of birth.
Information that cannot be utilized to identify a specific person does not fall under the category of
Personal Data.
Process Definition:
"Process" pertains to any method or manner in which we handle Personal Data or sets of Personal Data,
whether performed automatically or not. This involves collecting, recording, organizing, structuring,
storing, adapting or changing, retrieving, consulting, disclosing by transmission, dissemination, or
other means, aligning or combining, limiting, erasing, or destroying Personal Data.
Services Overview:
"Services" collectively refer to all goods, services, content, features, technologies, or functions
provided by Veritysphere Pay, encompassing integrations with third-party services, and extending to all
related sites, apps, and services.
Site Clarification:
"Site" pertains to the Veritysphere Pay websites, mobile apps, public social media platforms, or other
online properties utilized by Veritysphere Pay to offer the Services.
User Definition:
A "User" refers to an individual, including yourself, or anyone else with a connection to Veritysphere Pay,
such as through the opening of an account, or anyone utilizing the Services or visiting the Sites in any
capacity.
Data Processing Explanation:
"Data Processing" encompasses any action or set of actions conducted on personal data or sets of personal
data, regardless of whether it is automated. This includes collecting, recording, organizing,
structuring, storing, adapting or changing, retrieving, consulting, using, disclosing by transmission,
making available in other ways, aligning or combining, limiting, erasing, or destroying.
Rules And Responsibilities
You should be aware that when we provide you with Veritysphere Pay Services, we act as the data
controllers, while you may be the data subject or a joint data controller based on the circumstances.
The General Data Protection Regulation (GDPR) defines terms such as personal data, data subject, data
controller, and data processor.
Upon creating an account on Veritysphere Pay, we collect your personal information, assuming the role of
the data manager, with you being the data subject. Consequently, both parties hold rights and
responsibilities under data protection laws.
In the course of conducting business, you may share personal information about your customers or
employees with us. As long as both parties agree to process personal data for collaborative purposes,
both you and Veritysphere Pay are considered "data controllers," jointly responsible for ensuring data
security. You must assure that you have valid legal grounds for collecting, processing, and sharing
personal information about your clients or officers with third parties. Our mutual duties and
responsibilities will be explicitly outlined in the data security agreement established between us.
Collected Information
When engaging with our Services or exploring our Sites, various information about you may be collected,
including but not limited to:
Registration Details:
We collect Personal Data necessary to provide requested Services when you register for an Account. This
may include your name, postal address, phone number, email address, and other identifying information.
Additional Personal Data may be requested as you continue to use our Services.
Transaction Information:
Information related to transactions, such as the amount sent or requested, payments for goods or
services, merchant details, and transaction-related data, is gathered when utilizing our Services. This
encompasses activities like making purchases, receiving money, processing payments, or sending money to
friends and family.
Contact Information:
If you choose to link your contact list details with your Account, we may utilize this data to enhance
communication with your friends and contacts. Information from your device or social media platform,
including names, addresses, and email addresses, may be utilized to optimize your usage of our Services.
User-Provided Information:
Voluntarily provided information for additional Services or online features may be collected when opting
for optional Site features, upgrading Services, or requesting other functionalities. In cases where
information use deviates from the privacy statement, separate notices will be provided at the time of
collection.
Third-Party Sources:
Subject to legal permissions, information about you may be obtained from third-party sources like
retailers, data providers, and credit bureaus.
Data Utilization
We employ your data for various purposes, including:
Performance Oversight: Managing the performance and functionality of Services and Sites,
and meeting the demands of our business. This involves analyzing user behavior and usage patterns to
enhance our services.
Verification and Fraud Prevention: Confirming your identity to mitigate risks
and prevent fraud, safeguarding both the Sites, the Services, and you. Our risk and fraud technologies
utilize Personal Data, Device Information, Technical Usage Data, and Geolocation Data.
Marketing and Promotion: Promoting Veritysphere Pay's services and products, as well as
those of unrelated companies. Personal information may be used to tailor marketing content, services,
and site interactions based on user preferences.
Personalized Services: Offering personalized Veritysphere Pay Services on third-party
websites. Utilizing Personal Data and other information, we may present tailored displays, features,
services, or offers on third-party websites through collaborations with retailers, advertising agencies,
or analytics firms.
Geolocation Utilization: If you disclose geolocation information, we may provide
location-specific features, options, or offers to enhance site security and deliver location-based
services, such as targeted advertising and personalized content.
Legal Compliance: Adhering to relevant laws and regulations to fulfill our commitments
and uphold the terms of our Sites and Services.
Social Connectivity: Connecting you with people you know and facilitating interactions.
Combining information about your usage and that of your contacts to propose connections and enhance your
overall experience with our Services.
Data Sharing
At Veritysphere Pay, we are committed to safeguarding your personal information. Rest assured, we do not
disclose your data to unauthorized parties. Here's how we handle data sharing:
Contractors and Service Providers: Your information may be shared with Veritysphere Pay's
contractors solely for providing services to you. They are bound by confidentiality agreements.
Financial Services and Operations: Collaboration with card systems, banks, and payment
service companies is essential for offering services, money transfers, and payment facilities.
Analytic Services Providers: To enhance Veritysphere Pay Account, we engage analytic
services providers to monitor, assess, and improve our services continually.
Data Recovery, Hosting, and Software Providers: Service providers ensure the seamless
functioning of Veritysphere Pay Account, including data recovery, website hosting, and software
application maintenance.
Communications and Customer Support Services: Communication service providers keep you
informed about Veritysphere Pay Account usage, while customer support services manage platform operations
and assist with customer queries.
Professional Advisors: Veritysphere Pay may disclose personal information to professional
advisors such as lawyers, accountants, auditors, IT consultants, and management consultants, who are
bound by privacy and security obligations.
Legal Compliance: Personal information may be shared with third parties if required by
applicable laws, rules, or court orders.
Cookie Policy
When you visit Veritysphere Pay's Site or Veritysphere Pay Account, a small Cookie file may be placed on your
computer or mobile device. Cookies are used to enhance our services, track your activities on Veritysphere Pay, and ensure the security of your account. We obtain your knowledge and permission before
collecting and storing personal information through cookies.
You can manage cookies through your browser or device settings, but note that certain site functions may
be unavailable if you choose to block or disable them. Your privacy is our priority, and we are
dedicated to providing transparency and control over your data.
Privacy and Data Security Assurance
At Veritysphere Pay, safeguarding your privacy and ensuring data security is our top priority. We implement
robust organizational, technological, and physical safeguards to protect against accidental, unlawful,
or unauthorized access, modification, disclosure, or use of personal information. While we take every
measure to ensure the security of your data, please be aware that the submission of information over the
Internet is never entirely risk-free, and you do so at your own discretion.
Data Retention Practices
We retain your personal data only when there is a legitimate business need, such as providing services,
meeting legal requirements, or fulfilling tax and accounting obligations. Once the necessity for
processing your personal information ceases, we commit to either deleting it or anonymizing it. In cases
where immediate deletion is not feasible, we securely store your data separately until deletion becomes
possible, especially if stored in backup archives.
Your Rights and Options
Your rights and choices concerning your personal information are governed by applicable laws in your
jurisdiction. Depending on these laws, you may have the right to:
- Access and obtain a copy of specific personal information we hold about you.
- Rectify or correct any inaccuracies in your information.
- Object to or restrict the processing of your personal data.
- Request the deletion or removal of your personal information.
- Withdraw your consent for additional processing.
- Request limitations on how we use your personal data.
- Ask to have your personal information transferred.
Unsubscribe Option
You have the option to opt-out of receiving further promotional emails from us at any time. An
"unsubscribe" or "opt-out" link is provided at the bottom of every promotional email, allowing you to
manage your preferences.
External Links Disclaimer
Our pages may contain links to external websites. Please note that neither the content nor the privacy
policies of linked sites are under our control.
Privacy Policy Updates
As the legal landscape, technology, and business environment evolve, we reserve the right to update our
Privacy Policy as needed. The "last updated" date at the top of this Privacy Policy indicates when the
most recent changes were implemented.
Contact Information
For any inquiries regarding this Privacy Statement, please feel free to reach out to us at veritysphereinnovationsprivate@gmail.com
your privacy matters to us, and we are here to address any concerns you may have.
