1. Introduction

This Privacy Policy describes how Open Finance AI (“we,” “our,” “us”) handles your personal data. It explains the collection, use, processing, and protection of your data in compliance with legal obligations. Your privacy is paramount, and we are committed to protecting your personal data.

If you have any questions, please contact us at [email protected] or at our address: 31 Continental Dr, Suite 305, in the city of Newark, zip code 19713.

2. Who Collects Your Personal Data?

The processing of any personal data collected by Open Finance AI or provided to it is the responsibility of Open Finance AI, a company incorporated in the United States, located at 31 Continental Dr, Suite 305, in the city of Newark, zip code 19713, and can be contacted via email at [email protected].

3. How We Collect and Use Your Data

We collect your personal data through various interactions, including when you use our payment services, interact with our support team, or engage with our marketing efforts. The types of data collected may include:

• For Service Users: Personal details such as name, contact information, financial information, and transaction history to provide our payment solutions.
• For Customers and Partners: Contact details and other relevant information needed to manage our business relationship and fulfill contracts.
• For Suppliers: Information necessary to manage the business relationship, including payment details and contact information for communication.

4. Legal Basis and Purpose of Processing

The purposes and legal bases for processing your personal data depend on your relationship with Open Finance AI:

• Service Provision: To fulfill our contractual obligations and provide the requested payment services.
• Legal Compliance: To meet legal requirements, such as anti-money laundering regulations.
• Legitimate Interests: For the development and improvement of our services, as well as for internal analysis and reporting.

5. Data Sharing

We may share your data with third-party service providers that perform functions on our behalf, such as data hosting, payment processing, and customer support. These third parties are required to process your data in accordance with this Privacy Policy and applicable laws.

6. International Data Transfers

Open Finance AI may transfer your data outside of the United States, ensuring that it remains protected under the same standards applied within the country. We implement appropriate safeguards, such as data transfer agreements or adherence to recognized frameworks, to ensure this protection.

7. Data Security

We have implemented a range of security measures to protect your personal data, including encryption, access controls, and physical security measures. While no system is completely secure, we strive to maintain the highest security standards.

8. Data Retention

Your personal data is retained only for as long as necessary to fulfill the purposes for which it was collected or as required by law. For example, data collected for contractual purposes will be retained for the duration of the contract, along with any additional retention period required by law.

9. Your Rights

You have rights regarding your personal data, including:

• Right of Access: Request access to your personal data.
• Right to Rectification: Correct any inaccuracies in your personal data.
• Right to Erasure: Request the deletion of your personal data under certain conditions.
• Right to Restrict Processing: Request the restriction of processing under certain conditions.
• Right to Data Portability: Request your data in a structured, machine-readable format.
• Right to Object: Object to processing based on legitimate interests or direct marketing.
• Right to Withdraw Consent: Withdraw your consent at any time when processing is based on consent.

To exercise these rights, please contact us at [email protected].

10. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. Any significant changes will be communicated to you through appropriate channels. Please check this page regularly for updates.

11. Contact Information

For any questions or concerns related to this Privacy Policy or our data practices, please contact us at [email protected] or at the following address: 31 Continental Dr, Suite 305, in the city of Newark, zip code 19713.