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Privacy policy

FalconPay values your privacy and is committed to protecting your personal information. This Privacy Policy outlines how we collect, use, disclose and safeguard your information when you use our services. By using FalconPay, you agree to the terms of this Privacy Policy.

Effective 1 November 2024

Information we collect

Personal information
We may collect personal information such as your name, email address, phone number, financial information and identification documents when you register for an account or use our services.
Transaction data
FalconPay collects information related to your transactions, including transaction amount, date, recipient details and payment method.
Usage data
We may collect details on how you interact with our app and website, including pages visited, links clicked and app usage time, to improve user experience.
Device and log data
When you access FalconPay, we collect device data, IP address, browser type, operating system and log data for security, diagnostic and analytics purposes.

How we use your information

We may use the information we collect for the following purposes:

To provide services
Facilitate your use of FalconPay’s wallet services, value-added services and local payments.
To process transactions
Verify and process transactions on our platform.
To improve our services
Analyse usage data to enhance our platform and services.
To communicate
Send you updates, security alerts and administrative messages.
For security
Monitor, detect and prevent fraudulent activities, unauthorised transactions and other security risks.

How we share your information

We may share your information in the following circumstances:

With service providers
Third-party service providers may help us provide, improve and secure our services. They are bound by confidentiality agreements and cannot use your information for their own purposes.
For compliance and legal obligations
We may disclose information to comply with legal processes, government requests, or as required by law.
In business transfers
If FalconPay undergoes a merger, acquisition or asset sale, your information may be transferred to the new entity.

Data security

FalconPay implements industry-standard security measures to protect your data. However, no system is entirely secure, and we cannot guarantee the absolute security of your information.

Your privacy rights

Depending on your location, you may have the following rights regarding your personal information:

Access and correction
Request access to or correction of your personal information.
Data deletion
Request deletion of your data, subject to legal and regulatory requirements.
Restrict processing
Opt out of certain data processing activities.

To exercise these rights, contact our support team.

Updates to this privacy policy

We may update this Privacy Policy periodically. The latest version will be available on our website, and we will notify you of significant changes.

Contact us

If you have questions or concerns about this Privacy Policy, please contact us.

FalconPay support

support@falconpay.ng

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