Privacy Policy

Thank you for using Bav Wealth Care (the “Website”). Protecting your privacy is important to us. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal data when you use our Website and services. By accessing or using the Website, you agree to this Privacy Policy.

PLEASE NOTE THAT PERSONS WHO WISH TO PERFORM ACTIONS RELATED TO THE USE, REGISTRATION/AUTHORIZATION OF WEBSITE AND/OR ACCESS TO WEBSITE ON A REIMBURSABLE AND/OR NON-REIMBURSABLE BASIS, BUT WHO DO NOT AGREE WITH THE CONTENT OF THESE TERMS IN FULL OR IN ANY PART THEREOF, AND/OR WHO DO NOT UNDERSTAND ANY OF THE PROVISIONS OF THESE TERMS, SHALL NOT PERFORM ANY ACTIONS AIMED AT COMMUNICATING ANY INFORMATION AND/OR PERFORMING ACTIONS AIMED AT THE USE OF WEBSITE AND/OR RELATED TO REGISTRATION/AUTHORIZATION.

DEFINITIONS

Controller	The Operator as a body that defines the goals and terms of Personal Data processing on its own or in liaison with other bodies.
Personal Data	Any information related to a “data subject”, which means an identified or identifiable natural person; an identifiable natural person is a person who can be identified directly or indirectly, among other means, by cross-referencing an identifier, such as name, identification number, location data, online identifiers, or by cross-referencing one or more factors, specific for physical, physiological, genetic, intellectual, economic, cultural or social identity of this natural person.
Processor	A natural person or legal entity, government institution, agency or any other body that processes Personal Data on behalf and by request of the Controller.
Processing	Any action (operation) or cumulative actions (operations) conducted to Personal Data with the use of automated means or without them, including collection, recording, management, structuring, accumulation, storage, adaptation and alteration, import, viewing, use, disclosure by transmission, distribution or any other type of access, comparison, combination, reduction, deletion or destruction.

1. GENERAL PROVISIONS

1.1. This Privacy Policy defines the procedure and conditions for the legality of the Controller’s processing of personal data, the list of personal data that may be processed, the categories of recipients of your personal data, your rights and obligations, as well as other important information related to the processing of your personal data.

1.2. This Policy shall be interpreted and construed in accordance with the GDPR.

1.3. For all matters related to the interpretation, execution, enforcement of the rights provided under this Policy, as well as for the purpose of submitting inquiries and requests, you may contact the Data Protection Office.

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2. LAWFULNESS OF PROCCESSING

We act as the Controller of your Personal Data and, alone or jointly with others, determine the main purpose and legal basis for collecting and processing your Personal Data.

The Controller has defined the following purposes and legal basis:

• Consent. Your consent is only requested in certain circumstances,

• Performance of a contract. The collection and processing of your Personal Data is necessary to establish a business relationship with you to provide the Services in accordance with the Terms of Use, i.e. the performance of our contract with you.
• Regulatory compliance. As a global business, we may process personal data in accordance with applicable laws, rules and regulations in the locations where we operate. The Controller’s responsibilities and legal obligations for the processing of personal data are governed by the laws of Republic of Cyprus and other provisions of law that apply to the activities we carry out.
• Legitimate interests pursued by the Controller in order to protect its business environment, provided that such interests do not override your rights, interests and fundamental freedoms. “Legitimate interests” covers a number of different reasons why the Controller may need to collect and process your Personal Data that may not be covered by other grounds, such as: preventing fraud or financial crime, providing a better service, transferring Personal Data between group entities for internal administrative purposes or for network or information security purposes. This includes, for example, investigating and responding to a report made under our DMCA takedown procedure.

3. Data Collected

3.1 We collect and process the following personal data:

• Full Name
• Email Address
• Phone Number
• Type of Ordered Services
• Paid Amount
• History of Transactions
• Payment Methods

3.2 The collection of this data is essential to the provision of our payment services and is governed by applicable laws and regulations.

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4. Purpose of Data Collection

4.1 The personal data we collect is used for the following purposes:

• To process and facilitate payments.
• To manage transaction records and payment histories.
• To communicate with you regarding your transactions or inquiries.
• To comply with legal obligations and regulatory requirements.
• To detect and prevent fraudulent activities.
• To improve the functionality and user experience of our Website.

4.2 We process your data solely in connection with the operation of the Website as a payment platform. Any additional use of personal data must be expressly agreed upon in a separate engagement letter or agreement.

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5. Data Retention

5.1 We will retain your personal data only for as long as reasonably necessary to fulfil the purposes for which it was collected, as set out in this Policy. Unless otherwise provided in the Policy, we retain personal data for 5 (five) years after deletion of your Account on the Site.

We will delete your personal data sooner if applicable law requires a shorter retention period.

We will retain your personal data for a longer period of time (up to 7 years) if we deem it necessary to carry out the processing activities set out in this Policy, such as:

• where necessary to comply with laws and regulatory obligations that apply to us (e.g. compliance with counter-terrorism and crime financing requirements, record-keeping/record-keeping requirements in certain locations and financial/tax reporting requirements, if we receive a valid legal request, such as a preservation order or search warrant related to your account);
• to detect and report illegal activity, protect the safety of our users and third parties, or otherwise protect the rights and property of our users, us and other third parties (for example, if you have, or we have reason to believe, that you have violated our Terms of Service and in circumstances where users are prohibited from further access to the Site);
• for legal proceedings (for example, to defend a claim involving you);
• to respond to third party requests regarding your account, such as requests from or investigations by law enforcement, relevant government authorities (such as tax authorities and regulators) and non-governmental organizations.

The personal data we retain and the length of time we retain it will be determined on a case-by-case basis depending on the specific circumstances.

5.2 After the retention period, any personal data not required by law will be securely deleted. If no longer needed for our purposes, the data may be retained by the users themselves.

5.3 Transaction records may be retained for regulatory, tax, or audit purposes as mandated by relevant authorities.

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6. Data Sharing and Disclosure

6.1. We share personal data with the following third parties;

• Our contractors: for example, IT services providers, payment aggregators and systems, payment and financial institutions, services that provide User Support and Content moderation, and also age and identity verification service providers.
• Our professional advisors and employees: for example, our developers, moderators, operators, legal advisors, bankers, auditors, accountants, advisors and insurance providers. Our professional advisor will process your personal data if needed to provide us with their services.
• Our group of companies: for centralized coordination and management of our business. These receivers will process your personal data pursuant to this document.
• Corporate persons: Third parties related to possible selling, merging, restructuring of business or restructuring of the group.
• Government institutions, regulatory bodies and institutions: These receivers will use your personal data when conducting their regulatory, legal and other charitable or non-commercial activities.

6.2 We do not sell or rent your personal data to third parties.

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7. Data Security

7.1 We implement appropriate technical and organizational measures to safeguard your personal data against unauthorized access, disclosure, or misuse.

7.2 Despite our efforts, no transmission or storage system can guarantee complete security. You use our services at your own risk.

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8. Your Rights

8.1 You have particular rights regarding gathering and processing of personal data. You can exercise those rights by contacting us and following given instructions.

Your rights may differ depending on applicable laws, but may include:

• The right to receive information related to our gathering and processing of your personal data, including, but not limited to, legal grounds for gathering and processing, data categories, designated use of data, estimated data retention period. This document contains all the necessary information, but you can always contact us for more information and ask any questions.
• The right to access your personal data that we gather, that makes you, as the subject of that data, eligible to receive copies of your personal data that we process for you. In fact, it means that we must respond withing 1 (one) month since receiving a Request.
• The right to edit your personal data if some information is incorrect or incomplete.
• The right to get your data deleted (the “right to erasure”). You can request us to delete or in any other way dispose of any of your personal data that we process. Notice that this is not an absolute right, and we might not be able to fulfill your request, as we might be legally bound and/or we might have the right to keep storing your date withing a particular period of time, including, but not limited to, pursuant to the Terms of Service.
• The right to restrict personal data processing.
• The right to object to processing of personal data carried out in connection with particular task or tasks. Notice that the right to object is applicable only in particular situations and depends on the tasks or legal grounds for processing.
• The right to data portability. This is applicable only in cases when you’ve directly provided us with your data. Your consent with and compliance to the agreement provide legal grounds for data processing. We process your data using automatic means. In such cases you have your right to get your personal data (or request us to pass it along to another Controller) in a structured, commonly used and machine-readable format.

8.2 To exercise your rights, contact us.

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9. DATA BREACH

In case of the Operator notices a Personal Data breach that might result in a high risk to Your rights or freedoms, the Operator will notify You of such breach by sending a relevant message to an available contact address without unreasonable delay (for example, a direct message to User Account), and provide the following information:

• The type of compromised Personal Data;
• The nature of the breach;
• The steps that the Operator should take to minimize any damages;

You must immediately notify the Operator, by sending an email, of any possible damages, losses or unauthorized use that might be caused to You by such breach, to help the Company assess all possible solutions.

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10. Cookies and Tracking Technologies

10.1 Our Website may use cookies and similar technologies to enhance user experience, analyze Website traffic, and facilitate functionality.

10.2 For more information about our use of cookies, please refer to our Cookie Policy [if applicable].

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11. Changes to This Privacy Policy

11.1 We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. Users will be notified of significant changes via the Website.

11.2 Continued use of the Website following changes constitutes acceptance of the updated Privacy Policy.

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12. Contact Information

12.1 For questions or concerns about this Privacy Policy, please contact us as it is specified in Terms of Use.

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Acknowledgment

By using the Website, you acknowledge that you have read, understood, and agreed to this Privacy Policy.