Privacy Policy KoronaPay Europe Limited
Choose a category of data subjects
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Privacy Policy
Choose a category of data subjects
Website users (Cookie Notice) Senders and recipients of transfers Users of KoronaPay Mobile App Counterparties and partners Job applicants Back to content How we use data Your rights Contact us Transfer of data Standard data protection clauses form an agreement that contains the description of mutual data protection obligations of data exporter and importer in relation to the processing of your personal data. If you need to obtain a copy, please contact us . Financial institutions and money transfer providers We cooperate with the network of financial institutions and money transfer institutions in many countries in the world, where you can send or receive money transfers. We also use payment processing services of international payment systems such as Visa International and Mastercard Worldwide. When transferring data to third parties located outside Cyprus, we follow the below rules: • If you send or receive a transfer to/in countries outside the EEA which are not covered by the European Commission’s adequacy decision (such as Russia, Vietnam, Turkey and others), we share your data with partners in these countries in order to execute the money transfer you initiated and to fulfil the contract with you, or perform the contract concluded in your interest (such as when you are the recipient of the transfer). Article 49(1)(b),(c) of the GDPR provides us the legal basis for these transfers. In all cases, the amount of data is strictly limited to what is required for the performance of a transfer and partners undertake strict confidentiality obligations. Besides, we endeavor to implement additional safeguards by signing the standard data protection clauses with all partners in countries outside the EEA which are not covered by the European Commission’s adequacy decision (in accordance with Article 46(2)(c) of the GDPR). • If you send or receive transfer to/in EEA countries, or countries, ensuring the adequate level of protection, no further safeguards are required in relation to the personal data transfers to such countries according to Article 45 of the GDPR. Other parties involved We may also use third-party data processors to obtain some services and software. Such providers grant an adequate, sufficient safeguarding service when it comes to processing your data, since we carefully screen service providers by including specific demands in the event that their services involve the need to process personal data. We have necessary contracts with third-party providers. This means we are aware of operations they perform with your personal data on our behalf and instruct them how to keep your personal data secure and how long to store it. Namely, we use services of the following third-party companies: • Third-party cloud and hosting providers which host KoronaPay’s systems or provide IT infrastructure in Europe. KoronaPay has taken measures to ensure that providers protect our users data from inappropriate use and restricts access to it by its’ personnel and subcontractors. • Third-party software providers, who act as processors and provide us with necessary software, e.g. analytical platforms, such as AppsFlyer, TrustPilot, Google Analytics, and business management tools. |
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