Privacy Policy
Effective Date: 31 JAN 2023

Introduction:

Welcome to our Website Penext and Mobile App- Pements (“we,” “our,” or “us”).This Privacy Policy is designed to help you understand how we collect, use, and safeguard your personal information. We are committed to protecting your privacy and ensuring the security of your data in compliance with the applicable laws and regulations in India.

Information We Collect:

We may collect the following types of personal information:

1. User Information: When you register or use our services, we may collect personal details such as your name, contact information, and demographic information.
2. Financial Information: To facilitate financial transactions, we may collect financial data, including bank account information, PAN card details, and transaction records.
3. Device and Usage Information: We may collect information about your device and how you use our services, including IP address, browser type, and usage data.
4. Location Data: We may collect information about your location, primarily for security and compliance purposes.

How We Use Your Information:

We use your information for the following purposes:

1. Account Management: To manage your account, process transactions, and provide customer support.
2. Security: To enhance the security and safety of your transactions and our platform.
3. Improvement: To improve our services, including website functionality, user experience, and features.
4. Legal Compliance: To comply with applicable laws and regulations, including financial regulations.

Information Sharing:

We may share your information in the following circumstances:

1. Service Providers: We may share information with trusted service providers who assist us in delivering our services, such as payment processing, customer support, and technology providers.
2. Legal Compliance: We may share information as required by law, regulation, or government authorities.
3. User Consent: We may share information based on your consent, which you can provide through our platform.

Your Rights:

You have the right to:

• Access your personal information.
• Correct inaccuracies in your personal information.
• Withdraw your consent to the use of your personal information.
• Delete your personal information.

Security:

We employ reasonable security measures to protect your data, including encryption and access controls. However, no data transmission or storage can be guaranteed to be completely secure.

Changes to the Privacy Policy:

We may update this Privacy Policy to reflect changes in our services or legal requirements. You will be notified of any material changes.

Contact Us:

If you have questions or concerns about your privacy or this Privacy Policy, please contact us at info@penext.in.