Privacy Policy

Privacy Policy

Introduction

Thank you for visiting PayPH. You are allowed to use our OTC Transaction Service and Cryptocurrency (such as PHPT) Application Service, access or use PayPH and related application program interfaces or mobile applications, it means that you agree with regulations and practices of the PayPH Privacy Policy (hereinafter referred to as "Privacy Policy”). For your own sake, please read this article carefully.


This Privacy Policy explains what kind of data we collect, how we use, store and share this kind of data. If you do not wish to use your personal data in the manner described in this privacy policy (defined below), you must not use this website or any service, software, API (Application Programming Interface), Technology, Product and/or Function ("Service") provided by this website.

Definition

Digital Assets

"Digital Assets" refers to digital property (also called as "Virtual Financial Assets", "Convertible Virtual Currency", "Cryptocurrency", "Virtual Currency", "Digital Currency" Or "Digital Goods"), such as USDT, PHPT that are digital currencies on the Blockchain Network, like Bitcoin, Ethereum or Tron. These assets are based on the Cryptographic Protocol of computer networks. Such protocols can be (I) Centralized or Decentralized, (II) Closed or Open Source, and (III) Used as a medium of exchange and/or value storage.


Personal Data

"Personal Data" refers to any information that, alone or in combination with other data, enables you to be directly or indirectly identified, such as your name, email address, account name, contact information, identification number, location data, online identifier (such as IP address and device ID, or one or more factors specific to your physical, economic, cultural or social identity).

Personal Data We Collected

The Personal Data collected, processed and stored by PayPH is obtained through your use of our services or under your consent. Such personal data may include contact information, a copy of the identity information you provided or derived from publicly accessible databases, an ID card number issued by government, or any information related to your device or internet service (such as IP address, location and MAC number).


We collect the information you provide during your registration process on the PayPH platforms, which may come from completed, incomplete or obsolete registration processes. We also collect personal data when you communicate with us through customer support, subscription to marketing information, or contacting via phone, email or other communication channels. We collect, use, store and transfer your personal data, which may include the following:

Individual User

  • Email address
  • Mobile phone number
  • Full legal name (including previous names and local language names)
  • Nationality
  • Social security number ("SSN"), passport number or any government-issued ID card number
  • Date of Birth
  • Proof of identity (such as passport, driving license or government-issued identity certificate)
  • Residential Address
  • Proof Of Residence
  • Additional Personal Data or Documents Required at the Discretion of Our Compliance Team

Company User

  • Company legal name (including legal name in local language)
  • Registration information
  • Full legal names of all beneficial owners, directors and legal representatives
  • Address (main Location of business and/or other physical place of business)
  • Proof of legal presence
  • Business description
  • Ownership percentage of individual/company owner
  • Contact information of owner, Person-in-charge and executive managers (if applicable)
  • Identity certificates (such as Passport, Driving License or Government-Issued Identity Certificate) of the Individual Beneficial Owners of an entity who owns 10% or more of the clients of the entity
  • Personal data of the beneficial owners of an entity that owns 10% or more of the clients of the entity (for Personal Data, please refer to the above "Individual User " part)
  • Source of wealth
  • Amount of injected legal currency
  • Estimated amount of injected virtual currency

How We Use Your Personal Data

PayPH uses personal data to manage, deliver, improve and provide personalized services for you. PayPH may also generate general data from any personal data we collect for our own use. We may also use this data to communicate with you about other products or services provided by PayPH and/or its partners. Unless we have obtained your consent, or unless the following circumstances appear, we will not share your personal data with third parties (except for partners related to PayPH services).


We may share your personal data with third parties,

(A) When we think it is necessary to share your personal data so as to implement the terms of service;

(B) When we need to comply with the requirements of governmental agencies, including regulatory agencies, law enforcement and/or judicial departments;

(C) When third parties provide PayPH with such services (e.G., administrative or technical services);

(D) When third parties are related to the sale or transfer of our business or any part of it.

Moreover, we have adopted international standards to prevent money laundering, terrorist financing, evasion of trade and economic sanctions, and we will implement them when the final virtual asset terms and rules become effective. This requires us to conduct diligent surveys on our users. This may include compare your personal information with data from third parties and service providers.

How we store your personal data

The data we collect from you may be transferred or stored to a destination outside the country you live. This kind of data may also be processed outside the country you live by staff who work for us or for our suppliers. Your act of submitting your personal data means that you agree with our transfer, storage or processing of your data, except as described above.

Access, modification and deletion of your personal data

You have the right to obtain a copy of your personal data upon request, and to determine whether the information we hold about you is accurate and latest. If any of your personal data is inaccurate, you can request to update your information. You can also request the deletion of your personal data, but we may refuse your deletion request under certain circumstances, such as for legal requirements or other legal purposes. For data access, modification or deletion requests, please contact [email protected] and write the purpose of "data inquiry".

In response to data access, modification or deletion requests, we will verify the identity of the requesting party to ensure that he/she is legally entitled to make such requests. Although our goal is to respond to these requests free of charge, we reserve the right to charge you a reasonable fee if your request is repeated or onerous.

Marketing

We will share company news, promotional information and information about products and services provided by PayPH with you from time to time. We may share personal data with or send marketing messages to third parties to help us with marketing and promotion projects. When using PayPH, you accept this privacy policy and agree to accept such marketing communications.

You can choose not to be notified of these marketing communications at any time. If you do not want to receive these communications, please send an email to [email protected].

For important information related to our products, such as policy/term updates and operation notices, you will not be able to opt out of receiving such information.

Use of Cookies

When you visit PayPH website, we may place a small amount of data (cookies) in accordance with industry practices to be saved by your browser. This information will be placed on your computer or other device used to access PayPH website. This information helps us to know your identity and collect information about your use of PayPH to better customize our services and improve your experience. We may also use the collected information to ensure compliance with the bank secrecy act ("bsa") and anti-money laundering ("aml") program ("bsa/aml plan"), and to ensure that the security of your account will not be affected by detecting irregular or suspicious account activities.

Most browsers are set to automatically accept cookies. When you finish browsing or operations on websites, some cookies will expire, and some cookies will remain on your computer or other device until they are deleted or expired. You can choose to refuse to use our cookies, but this may affect the function of PayPH services or your user experience.

Information Security

We are committed to protecting PayPH and you from unauthorized access, alteration, disclosure or destruction of the personal data we collect and store. We take various measures to ensure information security, including using ssl to encrypt PayPH communications; ensuring that all sessions require two-factor identity authentication; regularly reviewing our personal data collection, storage and processing procedures; restricting our employees and suppliers in terms of access to your data based on necessary principles; and ensuring that our employees and suppliers comply with strict confidentiality obligations of relevant contracts and agreements.

Contact PayPH About Privacy questions or concerns

If you have any questions about this privacy policy or the use of your personal data, please contact us by sending an email to [email protected] (titled "privacy request").

Modification of Privacy policyquestions or concerns

We may update this privacy policy at any time by publishing a revised version (including the effective date of the revised version) on our website, so please check it frequently for any updates and changes.

Language

This privacy policy may be published in different languages. In case of any discrepancies, the english version shall prevail.

How We Use Your Personal Data

PayPH Uses Personal Data To Manage, Deliver, Improve And Provide Personalized Services For You. PayPH May Also Generate General Data From Any Personal Data We Collect For Our Own Use. We May Also Use This Data To Communicate With You About Other Products Or Services Provided By PayPH And/Or Its Partners. Unless We Have Obtained Your Consent, Or Unless The Following Circumstances Appear, We Will Not Share Your Personal Data With Third Parties (Except For Partners Related To PayPH Services).

We May Share Your Personal Data With Third Parties,

(A) When We Think It Is Necessary To Share Your Personal Data So As To Implement The Terms Of Service;

(B) When We Need To Comply With The Requirements Of Governmental Agencies, Including Regulatory Agencies, Law Enforcement And/Or Judicial Departments;

(C) When Third Parties Provide PayPH With Such Services (E.G., Administrative Or Technical Services);

(D) When Third Parties Are Related To The Sale Or Transfer Of Our Business Or Any Part Of It.

Moreover, We Have Adopted International Standards To Prevent Money Laundering, Terrorist Financing, Evasion Of Trade And Economic Sanctions, And We Will Implement Them When The Final Virtual Asset Terms And Rules Become Effective. This Requires Us To Conduct Diligent Surveys On Our Users. This May Include Compare Your Personal Information With Data From Third Parties And Service Providers.

How We Store Your Personal Data

The Data We Collect From You May Be Transferred Or Stored To A Destination Outside The Country You Live. This Kind Of Data May Also Be Processed Outside The Country You Live By Staff Who Work For Us Or For Our Suppliers. Your Act Of Submitting Your Personal Data Means That You Agree With Our Transfer, Storage Or Processing Of Your Data, Except As Described Above.

Access, Modification And Deletion Of Your Personal Data

You Have The Right To Obtain A Copy Of Your Personal Data Upon Request, And To Determine Whether The Information We Hold About You Is Accurate And Latest. If Any Of Your Personal Data Is Inaccurate, You Can Request To Update Your Information. You Can Also Request The Deletion Of Your Personal Data, But We May Refuse Your Deletion Request Under Certain Circumstances, Such As For Legal Requirements Or Other Legal Purposes. For Data Access, Modification Or Deletion Requests, Please Contact [email protected] And Write The Purpose Of "Data Inquiry".

In Response To Data Access, Modification Or Deletion Requests, We Will Verify The Identity Of The Requesting Party To Ensure That He/She Is Legally Entitled To Make Such Requests. Although Our Goal Is To Respond To These Requests Free Of Charge, We Reserve The Right To Charge You A Reasonable Fee If Your Request Is Repeated Or Onerous.

Marketing

We Will Share Company News, Promotional Information And Information About Products And Services Provided By PayPH With You From Time To Time. We May Share Personal Data With Or Send Marketing Messages To Third Parties To Help Us With Marketing And Promotion Projects. When Using PayPH, You Accept This Privacy Policy And Agree To Accept Such Marketing Communications.

You Can Choose Not To Be Notified Of These Marketing Communications At Any Time. If You Do Not Want To Receive These Communications, Please Send An Email To [email protected].

For Important Information Related To Our Products, Such As Policy/Term Updates And Operation Notices, You Will Not Be Able To Opt Out Of Receiving Such Information.

Use Of Cookies

When You Visit PayPH Website, We May Place A Small Amount Of Data (Cookies) In Accordance With Industry Practices To Be Saved By Your Browser. This Information Will Be Placed On Your Computer Or Other Device Used To Access PayPH Website. This Information Helps Us To Know Your Identity And Collect Information About Your Use Of PayPH To Better Customize Our Services And Improve Your Experience. We May Also Use The Collected Information To Ensure Compliance With The Bank Secrecy Act ("BSA") And Anti-Money Laundering ("AML") Program ("BSA/AML Plan"), And To Ensure That The Security Of Your Account Will Not Be Affected By Detecting Irregular Or Suspicious Account Activities.

Most Browsers Are Set To Automatically Accept Cookies. When You Finish Browsing Or Operations On Websites, Some Cookies Will Expire, And Some Cookies Will Remain On Your Computer Or Other Device Until They Are Deleted Or Expired. You Can Choose To Refuse To Use Our Cookies, But This May Affect The Function Of PayPH Services Or Your User Experience.

Information Security

We Are Committed To Protecting PayPH And You From Unauthorized Access, Alteration, Disclosure Or Destruction Of The Personal Data We Collect And Store. We Take Various Measures To Ensure Information Security, Including Using SSL To Encrypt PayPH Communications; Ensuring That All Sessions Require Two-Factor Identity Authentication; Regularly Reviewing Our Personal Data Collection, Storage And Processing Procedures; Restricting Our Employees And Suppliers In Terms Of Access To Your Data Based On Necessary Principles; And Ensuring That Our Employees And Suppliers Comply With Strict Confidentiality Obligations Of Relevant Contracts And Agreements.

Contact PayPH About Privacy Questions Or Concerns

If You Have Any Questions About This Privacy Policy Or The Use Of Your Personal Data, Please Contact Us By Sending An Email To [email protected] (Titled "Privacy Request").

Modification Of Privacy Policy

We May Update This Privacy Policy At Any Time By Publishing A Revised Version (Including The Effective Date Of The Revised Version) On Our Website, So Please Check It Frequently For Any Updates And Changes.

Language

This Privacy Policy May Be Published In Different Languages. In Case Of Any Discrepancies, The English Version Shall Prevail.

We may use cookies or any other tracking technologies when you visit our website, including any other media form, mobile website, or mobile application related or connected to help customize the Site and improve your experience. learn more

Allow