Broker Privacy Policy

PayBitoPro Broker Privacy Policy provides access to the Broker Monitoring Tool under “PayBitoPro” (website https://www.paybito.com and PayBitoPro Android App, PayBitoPro iPhone App). Know about PayBitoPro broker privacy policy.

In case of any legal inquiries please contact us via legal@paybito.com.

Persons availing of the PayBitoPro broker services, directly or indirectly, are referred to herein, as “Brokers”.

This is an agreement between PayBitoPro and the brokers, which is binding and requires mandatory compliance by the brokers. Integrity, honesty, and ethical business practices are some of the core values of PayBitoPro. Moreover, PayBitoPro strongly condemns any and all activities related to money laundering and other illegal actions. In order to prevent misuse of the PayBitoPro privacy policy services, Brokers are required to strictly comply with the terms contained herein. It forms part and parcel of the broker’s Terms of Service. Terms not defined herein shall carry the same interpretation. As in the broker agreement and in the absence thereof to general usage and parlance.

Brokers must read, review, understand, and then agree to the terms hereunder for using or availing of the PayBitoPro Services. Before clicking the “I Accept” option.

This Agreement supersedes and replaces any and all prior oral or written understandings or agreements between PayBitoPro and the broker with respect to the Privacy Policy.

DEFINITIONS

All terms defined in the Terms of Service and the Anti-Money Laundering Policy will carry the same meaning, force, and effect in this Privacy Policy.

“Applicable Law” means the law in force for the time being within the territory of the United States of America;

PAYBITOPRO BROKER PRIVACY POLICY

(A) PayBitoPro is committed to ensuring the safety and protection of all data and information shared with PayBitoPro by its brokers subject to Applicable Laws and the terms and conditions set out hereunder. Moreover, processes established by PayBitoPro are in compliance with the applicable reasonable security practices and procedures. Thereafter, prescribed by Government or Regulatory authorities, as the case may be.

(B) PayBitoPro shall not be liable for any breach or violation of its systems or PayBitoPro privacy policies due to malicious attacks, errors, commissions, or omissions not willfully initiated by PayBitoPro. Thereafter, leading to a breach of data or information of the brokers.

DATA COLLECTED

(A) PayBitoPro collects all personal data and information of the broker including sensitive personal information. Use of the PayBitoPro services is contingent on acceptance of the terms contained herein. Broker shall be deemed to have volunteered the data and information collected, retained, used, and disseminated by PayBitoPro. Thereafter, upon accepting the terms herein and those contained in the Terms of Service of PayBitoPro.

(B) Broker hereby consents that when personal data is shared with PayBitoPro, brokers hereby agrees and acknowledges PayBitoPro’s right to use or disseminate such data or information including transfer of the personal and sensitive personal information of the Brokers from current location to external sources including outside US and third parties.

(C) PayBitoPro collects and retains data and information of brokers including the following:

PayBitoPro Collects and Retains Data & Information of Brokers

• i. Information provided/shared by the broker:
  PayBitoPro collects any and all personal information provided by the brokers to PayBitoPro. This information may include that which is provided by the brokers, at the time of opening an account and transacting with PayBitoPro including the following:
  • a. Name,
  • b. Residential Address,
  • c. Registered Mobile Number,
  • d. Email Address,
  • e. Government-issued ID,
  • f. Bank Account Details
  • g. Any other information.
• ii. PayBitoPro may collect, retain, use, or store data or information automatically collected from a device or through connections associated with such device, including but not limited to the following:
  • a. Broker’s device information including but not limited to IMEI or equipment identification number, IMSI or subscriber identification, MAC address, Android version, device details, network operator, contact list information, Wifi / Data Network connectivity.
  • b. Information generated by the broker’s use of the app and the website, including cookies and IP addresses.
  • c. Access to broker’s Photo Gallery / Media / Files / Camera;
  • d. Access to broker’s other apps and services including messaging through SMS; usage data;
  • e. Geolocation of a broker’s device or such or other automatically collated data or information of the broker.

PURPOSE & USE OF DATA COLLECTED

(A) PayBitoPro collects, retains, and puts to use the information shared by the broker, as above, with the consent of and concurrence of the broker. The data and information collected above are utilized by PayBitoPro, to ensure the effective rendering of its PayBitoPro Services and to comply with legal requirements.

(B) PayBitoPro does not sell the data collected and retained by the Broker.

(C) Data collected from the broker is put to use by PayBitoPro to enhance its services to the Broker.

COLLECTION OF DATA: PAYBITOPRO BROKER PRIVACY POLICY

(A) Cookies

• i. PayBitoPro uses cookies on its App and website to collect data about brokers. Cookies collect broker information including App usage, visits to the App or website, and other broker-generated information. Cookies allow brokers to navigate from page to page without having to re-login each time, count visits, and see which areas. It features of the PayBitoPro App and website are popular.
• ii. PayBitoPro may also use the data collected via cookies to tailor advertisements to brokers and to track the popularity of its website. Use of cookies and other technologies may allow PayBitoPro and third parties to collect information about broker browsing activities over time and across different websites following use of PayBitoPro services.
• iii. PayBitoPro also collects information that your browser sends whenever broker visits its site. This information may include information such as the device’s Internet Protocol (“IP”) address (with replaced last byte), browser type, browser version, the pages of PayBitoPro site that broker visits, the time and date of visit, the time spent on those pages and other statistics.

(B) Analytics

• i. PayBitoPro uses third-party analytical tools to collect data about broker devices and Internet connections. That information includes the IP address of broker computer and/or Internet service provider when the broker accesses its website, the Internet address of websites from which the broker links to the PayBitoPro website, specifications of broker browser, and broker movements and preferences on the PayBitoPro website. All of this information is used internally for the purpose of understanding how the PayBitoPro website is being used and to improve the same.
• ii. PayBitoPro also uses third-party analytical tools to collect data about the usage of the PayBitoPro mobile app. The information collected identifies the types and timing of actions taken, including installation, registration, uploading, and certain types of navigation. All of this information is for the internal purposes of understanding. How the PayBitoPro mobile app is used to improve the same.

(C) Action Tags

• i. PayBitoPro uses action tags to identify pages visited and interacted with by the broker. Action tags may collect and transmit this data in a manner that identifies the broker. If the broker registers with the PayBitoPro website. It is on the PayBitoPro website. PayBitoPro also uses action tags in emails. Thereafter, to determine whether an email has been opened or whether it has been forwarded to a third party.
• ii. PayBitoPro also uses action tags in the mobile app which may identify the websites visited by the broker. Moreover, the manner in which the broker interacts with them.

(D) Do Not Track

PayBitoPro currently does not respond to “Do Not Track” signals. It operates in this Privacy Policy whether or not a Do Not Track signal is received. Moreover, if there is a change in such policy, a suitable modification to this Privacy Policy by PayBitoPro listing out the mechanism and procedure for the same.

GRIEVANCE

Broker may register their grievance with respect to data collection, retention or use to PayBitoPro’s Grievance Officer via the contact form in http://paybito.com

DATA RETENTION

(A) PayBitoPro shall retain the broker’s information for as long as the account is active or as needed to provide services in accordance with applicable laws.

(B) The retention period may be extended to comply with legal obligations, resolve disputes, and enforce agreements for a period of ten years after termination of the account or such extended period, under applicable laws. PayBitoPro may retain data for such or further periods. However, there is no obligation to do so in all instances. PayBitoPro shall not be liable or responsible for the non-availability of information beyond the termination of the broker account.

(C) The retention period may extend beyond the end of broker account, but it will be only as long as it is necessary for PayBitoPro to have sufficient information to respond to any issues that may arise later, including but not limited to retention for the purpose of investigations or ongoing prosecutions or in case of Suspicious transactions or if PayBitoPro requires the information for its records or to support legal proceedings, or if PayBitoPro believes in good faith that a law, regulation, rule or guideline requires it.

DATA DELETION PROCEDURE

(A) PERSONAL DATA: Retained only as long as necessary to fulfill the purposes for which it was collected or as required by law. Once the retention period ends, personal data is securely deleted.

(B) FINANCIAL DATA: Retained as required by applicable financial and tax regulations. Once the retention period ends, financial data is securely deleted.

(C) OPERATIONAL DATA: Retained for a reasonable period to support business operations. Once it is no longer needed, operational data is securely deleted.

(D) LEGAL/COMPLIANCE DATA: Retained for the duration specified by applicable laws or regulations. Once the retention period ends, legal/compliance data is securely deleted.

(E) Data deletion involves securing and retrieving data from all relevant storage locations. The procedures for data deletion include:

a) Identifying data to be deleted based on the data retention periods.

b) Verifying the deletion request and obtaining necessary approvals.

c) Using appropriate methods and tools to securely delete data.

d) Documenting the deletion process for audit and compliance purposes.

e) Customers may request a complete deletion of their data by using the “Delete my data” button in the Settings of the PayBitoPro interface. Upon using this feature, the customer’s data goes immediately to the deletion queue from where it is automatically and permanently deleted at the end of the retention period.

Request for Data Deletion

SHARING OF INFORMATION WITH THIRD PARTIES

The broker agrees and consents to PayBitoPro sharing the following anonymized data. Otherwise, give PayBitoPro permission to share with third parties the following:

(A) For advertising, referral, operations, financial services, and technology services (such as hosting providers, identity verification, support, payment, and email service providers);

(B) If required by applicable law or legal process, or if PayBitoPro believes that it is in accordance with applicable law or legal process;

(C) To protect the rights, property and safety of PayBitoPro, its brokers and the public, including, including but not limited to usage in court proceedings, or to detect or prevent criminal activity, fraud, material misrepresentation, or to establish its rights or defend against legal claims; or

(D) In connection with selling, merging, transferring, or reorganizing all or parts of PayBitoPro’s business.

PAYBITOPRO BROKER PRIVACY POLICY: REASONABLE SECURITY PRACTICES

(A) Protection of the broker’s personal information is of utmost importance to PayBitoPro and it takes all reasonable steps to secure data and information pertaining to its brokers, including those prescribed under all applicable laws

(B) PayBitoPro takes appropriate legal, administrative, physical, and electronic measures designed to protect the information. Moreover, brokers share with PayBitoPro from accidental or unlawful destruction, accidental loss or unauthorized access, use, modification, interference, or disclosure.

(C) PayBitoPro however does not extend any warranties with respect to the security or safety of data and information transmitted through digital platforms or online, both of which are susceptible to malicious attacks.

MODIFICATIONS

Admin conducts periodic reviews, and revisions. broker will be notified through an update of the App. Thereafter, the new draft available on the PayBitoPro Website and will reflect the modified date of the terms. broker must periodically visit the website and review terms and any changes thereto. Continued use of the PayBitoPro Services constitutes agreement of broker to the terms contained herein and any amendments thereto.

MISCELLANEOUS

All other provisions of the PayBitoPro privacy policy begins into this policy and shall form part hereof. This includes Governing Laws and jurisdiction, notices, severability, assignment and such or other provisions.