Payvance is under the ownership of SIL Technologies Private Limited (“we”, “us”, or “our”). We work round-the-clock to protect the privacy of our Customers/Users (you/ your). When you use our payment services, your financial and personal information is collected, used, and protected. Providing you with information about these activities is the purpose of this Privacy Policy. Our Privacy Policy must be read carefully before using our payment channel, as you will be bound by its terms. Your privacy is important to us, and we are committed to protecting it.
Several types of user data are collected to ensure safe and efficient payment processing. Among the information included in this form are your name, your contact information, and your billing information. Additionally, we may collect information about your past purchases, your payment method, and the goods you purchased when you use our payment gateway. We automatically collect technical data, such as IP addresses, device details, and browser information, in order to improve security and prevent fraud and illegal access.
Payment gateways collect data primarily for the purpose of processing transactions and transferring money safely. Our use of your information may also include complying with legal requirements, preventing fraud, and verifying your identity. Without your explicit consent, your personal information will not be rented, sold, or provided to third parties for marketing purposes. We may use the information you provide to improve the user experience, to debug problems, or to make our services better.
Cookies and other tracking technologies are used on our website to improve your browsing experience and the efficiency of our payment gateway. To recognize you and remember your choices, we store small text files called cookies on your device.
The security of your information is of utmost importance to us. Industry-standard security features and encryption technologies ensure the safety of your data during transmission and storage. Your financial and personal information will only be accessed by authorized individuals as needed for payment processing. In order to identify and address potential weaknesses and risks, we routinely conduct security audits and assessments. While we take every reasonable precaution to keep your information safe, it is your responsibility to actively contribute to your online security by maintaining the confidentiality of your login credentials.
On our payment gateway website, you may find links to unaffiliated third-party websites or services. The following websites have been included for your convenience and information. We do not support or influence the privacy policies of these third-party websites. We recommend reading the privacy statement of any company before doing business with them. When visiting third-party websites through links on our site, we are not responsible for the security or privacy of any information you provide. We urge you to use caution when visiting websites outside our payment gateway domain, as your interactions with these third-party sites are at your own risk.
Personal and transactional information is kept only as long as required by applicable laws and regulations or as described in this privacy statement. We will safely erase or anonymize your information when it is no longer needed for the purposes for which it was collected. In some cases, data may need to be kept for a longer period of time if it is required by law or if a dispute needs to be resolved.
No financial or personal information about you will ever be traded, rented, or sold to third parties for marketing purposes. We may share your data with dependable partners and service providers who assist us with customer service, transaction processing, and security improvements. Furthermore, we may disclose your information when required by law or in response to court orders, government laws, or legal requests. We may occasionally share aggregated and anonymized data with third parties for research or analysis.
In collecting, handling, and protecting your personal and financial information, we strive to honor our legal responsibilities. In order to comply with applicable laws, rules, or governmental authorities, we may be required to release your data. In order to protect your privacy, we will always work to secure your information legally.
You have specific rights regarding the data we collect and handle about you as a user of our payment gateway. It is your right to know what information we hold about you and how it is used. You can ask for updates or changes if you believe any of the information we have is inaccurate or incomplete. Current privacy regulations also allow you to restrict or limit how your data is used, and to object to its processing.
We respect your choice when it comes to how your personal information is collected and used. You can choose not to participate in certain data collection activities. We ask that you contact our privacy team using the contact information in this policy if you would like to revoke your consent for any particular data processing activity. It may not be possible for you to use some functionality of our payment gateway if you refuse to participate in specific data processing activities.
Privacy protection for children is one of our highest priorities. Under 18-year-olds are not eligible to use our payment gateway services. Children are not intentionally collected or requested to provide personal information. We will take immediate steps to remove such data from our records if it is brought to our attention. If you believe a kid has given us personal information without their parents' permission, please contact the information listed in this policy. We will take swift action to resolve the issue.
Payment Card Industry Data Security Standards (PCI DSS) are security regulations designed to protect sensitive payment card information, and we adhere to them strictly. Financial information is very sensitive to us, so we treat it very seriously. Our strong security measures are continuously updated to ensure the protection of your credit card information. Payment processing and cardholder data security are guaranteed by our payment gateway, which meets PCI DSS requirements.
During transmission, we use encryption techniques to ensure the security and privacy of your data. Encryption can protect your private information from illegal access and third-party interception. In order to maintain the highest level of security and data protection for our customers, we encrypt all data.
Our team will inform you and the appropriate authorities as soon as possible if we discover a data breach that compromises the security of your personal information. As part of our notification procedure, we will communicate promptly and transparently about the type and scope of the data breach, any associated risks, and the steps we are taking to address the issue.
To strike a balance between openness and the need to protect sensitive information, we will do everything in our power to notify those affected as soon as possible. If you suspect someone has accessed your account without authorization or if you are concerned about a possible data breach, please contact our privacy team.
Our privacy statement may be updated and modified periodically to reflect changes to our services, advances in technology, and changes in the law. To stay informed about how we manage your money and personal information, we invite you to periodically review our Privacy Policy. You agree to the updated terms whenever you use our payment gateway in the future, regardless of any changes to this privacy policy.
Please contact us if you have any questions or complaints regarding our privacy policy.
