Socious Wallet Privacy Policy
Introduction
Socious Global Inc. ("Socious", "we", "us", or "our") is committed to protecting and respecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use the Socious Wallet app and services. Please read this Privacy Policy carefully. If you do not agree with the terms of this Privacy Policy, please do not access the application.
1. Information We Collect
1.1 Personal Information
- Identity Verification Data: We collect personal identification information such as your name, date of birth, email address, phone number, and address. Identity verification data is retained for a maximum of three months.
- Biometric Data: We collect facial images and biometric data for identity verification purposes through our third-party provider, Veriff. Face data is not retained beyond the verification process.
1.2 Usage Data
- Technical Data: We collect information such as your IP address, browser type, operating system, and other technical data when you interact with our app.
2. How We Use Your Information
2.1 Personal Information
- Identity Verification: To verify your identity using Veriff to prevent fraudulent activities and ensure secure transactions.
- Account Management: To create, manage, and maintain your account on the Socious Wallet app.
2.2 Usage Data
- Service Improvement: To analyze usage patterns and improve our services.
- Security: To enhance the security of our application and protect against unauthorized access.
3. Legal Basis for Processing Personal Data
We process your personal data based on the following legal grounds under the General Data Protection Regulation (GDPR):
- Consent: For specific processing activities where we have obtained your explicit consent.
- Contractual Necessity: To perform the contract we have with you or to take steps at your request before entering into a contract.
- Legal Obligation: To comply with legal obligations to which we are subject.
- Legitimate Interests: To pursue our legitimate interests, provided that your interests and fundamental rights do not override those interests.
4. Sharing Your Information
4.1 Third-Party Service Providers
- Veriff: We share your facial images and biometric data with Veriff for identity verification purposes. Veriff processes this data as described in their Privacy Notice.
4.2 Legal Requirements
- Compliance: We may disclose your information to comply with legal obligations, such as responding to legal requests from public authorities, including meeting national security or law enforcement requirements.
5. Data Retention
5.1 Retention Period by Socious
- Identity Verification Data: We retain your identity verification data for a maximum of three months to ensure the accuracy and integrity of the verification process. After this period, the data is securely deleted.
- Biometric Data: Facial images and biometric data are retained for a maximum of three months. After this period, the data is securely deleted.
- Usage Data: We retain usage data for as long as necessary to fulfill the purposes described in this Privacy Policy.
5.2 Retention Period by Veriff
- Veriff retains your biometric data for a maximum of three months, in accordance with their privacy policy and relevant legal requirements. For specific retention periods, please refer to Veriff's Privacy Notice.
6. Security of Your Information
We implement appropriate technical and organizational measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction.
7. Your Data Protection Rights
7.1 Access and Control
- Access: You have the right to request copies of your personal data.
- Correction: You have the right to request that we correct any information you believe is inaccurate.
- Deletion: You have the right to request that we delete your personal data, under certain conditions.
- Restriction: You have the right to request that we restrict the processing of your personal data.
- Objection: You have the right to object to our processing of your personal data.
- Portability: You have the right to request that we transfer the data that we have collected to another organization, or directly to you, under certain conditions.
8. International Data Transfers
We may transfer your personal data to countries outside of the European Economic Area (EEA). Where such transfers occur, we ensure they are subject to appropriate safeguards, such as standard contractual clauses approved by the European Commission.
9. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last Updated" date.
10. Contact Us
If you have any questions or concerns about this Privacy Policy, please contact us at:
Email: [email protected]
Last Updated: June 13, 2024