At Ncwallet Africa, we are committed to safeguarding the privacy and security of your information. This Privacy and Policy Statement outlines our practices regarding the collection, use, and protection of your KYC (Know Your Customer) information.
Why We Collect KYC Information:
The KYC information collected is essential for understanding your business needs and providing you with tailored financial services. This data is required not only by Ncwallet Africa but also by our trusted third-party financial service provider. It plays a crucial role in mitigating fraud and ensuring the security of our services.
What Information We Collect:
The information requested during the KYC process is designed to provide us with insights into your business and how you intend to use our services. Rest assured, we only collect the information necessary for the aforementioned purposes.
How We Protect Your Information:
Your KYC information is treated with the highest level of confidentiality. We employ industry-standard security and robust encryption measures to secure your personal information from unauthorized access, misuse, alteration, or loss. However, no method of transmission over the internet or electronic storage is completely secure. We cannot guarantee absolute security but strive to protect your data to the best of our abilities. Our commitment to privacy and security is unwavering, and we regularly update our protocols to stay ahead of potential threats.
Sharing Your Information:
We may share your KYC information with our third-party financial service provider for the sole purpose of delivering the agreed-upon services. However, rest assured that we do not sell, rent, or trade your information to third parties for marketing or any purposes.
Your Consent:
By engaging with Ncwallet Africa and providing your KYC information, you consent to the collection, use, and sharing of this information as outlined in this Privacy and Policy Statement.
Changes to Privacy Policy:
We reserve the right to update this Privacy and Policy Statement periodically. Any changes will be communicated to you in a timely manner.
For any concerns or inquiries regarding your privacy, please contact our Compliance Officer.