loader image

ipayfast

Privacy & Security Policies

Privacy & Security Policies

Applicable Scope of this Policy

This Policy applies to all Ipayfast P2P Platform users, including general users, verified advertisers, and other users.

1.1. Registration

Access “Account and Security” to complete identity verification after registering and logging in. You will be required to provide the Platform with your nationality, real name, and ID card or passport details during identity verification. In addition to the information required by identity verification, you may also be prompted to complete other verification procedures, including facial recognition and voice recording as required by the Platform. Facial recognition involves uploading a video stream or photos of your face to the Platform. Certain features of video verification may require access to device audio or video recording features. However, you will be asked for consent before the above features are enabled.

1.2. Identity Verification

Access “Account and Security” to complete identity verification after registering and logging in. You will be required to provide the Platform with your nationality, real name, and ID card or passport details during identity verification. In addition to the information required by identity verification, you may also be prompted to complete other verification procedures, including facial recognition and voice recording as required by the Platform. Facial recognition involves uploading a video stream or photos of your face to the Platform. Certain features of video verification may require access to device audio or video recording features. However, you will be asked for consent before the above features are enabled.

1.3. Security Management

We need to automatically collect and record your device and browser information, including device identification information (device type and model used for logging into your account), your IP address and history of webpages accessed, your location, network environment, device fingerprint information, service logs, software information, and location information when you use the service provided by this website or visit this website to ensure transaction security and service stability.

1.4. Transaction Record Keeping and Queries

This website will collect data on transactions you conduct on this website, including without limitation transaction records. If you need to access your transaction records, you may check your personal transaction records under “Transaction Records” of the Platform if necessary, including the counterparty username, transaction date, transaction number, transaction unit price, transaction total price and type, and payment method. Please note that you must enable the camera function under the following circumstances to save online chat records with counterparty and relevant screenshots as transaction evidence for any potential disputes hereafter.

1.5. Verification of Sensitive Operations

We may need to verify your identity or the legality of the asset source when you conduct certain sensitive operations or your transaction may be involved in suspected money laundering (including password recovery, reporting losses, account suspensions, and account registration) to protect your account and assets. Therefore, you may be required to provide us with a photograph of yourself holding your ID card, transaction receipt, or other identification documents that may be used to verify your identity with your consent during the transaction. You may not be able to conduct certain operations if you refuse to provide the above information. However, your use of other services we provide will remain unaffected.

1.1. Registration

You must provide all personal information required when registering or using an account on this website, including without limitation your username, nationality, phone number, email address, and other identifying information.

1.6. We may collect and use your personal data

We may collect and use your personal data without your consent pursuant to applicable law and national standards in the appropriate jurisdictions under the following circumstances:

  1. When such collection and use is directly related to national security and/or national defense & security;
  2. When such collection and use is directly related to public safety, public health, or material public interests;
  3. When such collection and use is directly related to criminal investigations, prosecutions, trials, and executions of court judgments;
  4. When such collection and use is necessary to protect your or others’ life, property, or any other material legal rights and obtaining your consent is not possible;
  5. When the personal data collected is data you have publicly disclosed;
  6. We may collect and use your personal data from legally disclosed sources, such as legal news reports and publicly available government information;
  7. We may collect and use your personal data when such is deemed necessary to execute or perform the contract pursuant to your requirements;
  8. We may collect and use your personal data when such is deemed necessary to maintain the security and stability of the service provided under this Agreement, such as to detect and resolve service failures;
  9. Any other circumstances provided by applicable laws and regulations.

1.7. Any other personal data legally obtained by this website

Please note that the services we provide to you are constantly being developed and updated. We will obtain your consent to data collection via website popups, interactive processes, agreements, or prompts should you choose to use any other services not covered by the above and the collection of your personal data is required to provide such. We will use, store, share, and protect your data pursuant to this Policy and the applicable user agreement. Your access to one or some of these services may be restricted if you refuse to provide the above information. However, this shall not affect your access to other services we provide.

Applicable Scope of this Policy

The Purposes and Uses for Which We Collect Your Personal Data. We collect personal data for specific purposes, Including without limitation to:

2.1 Process your registration and provide you with the services offered by this website.
2.2 Notify you of any change to our services;
2.3. Submit reports to regulatory agencies as required by the competent authority in the applicable sovereignty countries or regions.
2.4 During the use of services provided by this website, this website shall use your data for legal purposes, including identity verification, customer service, security, fraud monitoring, marketing and promotion, archiving and backups, collaborating with third parties for the promotion of this website, and ensuring the products and services the website provides to you are secure.
2.5 Collect and process data to help the website design new products and services and improve the existing services provided by
the website.
2.6 You agree that this website may send marketing messages, commercial electronic messages, and advertisements in lieu of general and comprehensive advertisements to make you aware of the specific services provided by this website.
2.7 Invite you to participate in surveys about the services provided by this website.
2.8 Data analysis in collaboration with government agencies, public institutions, and associations.
2.9 For accounting purposes and when collecting fees.
2.10 To personalize your experience (your data will help us better serve your individual needs).
2.11. Any other legal purposes and other purposes authorized by you.

Cookies

You agree to allow us to track your activities with Cookies when you use this website and collect and save all information available, including without limitation your IP address and location.

We will use Google Stats via Cookies to record our performance and review the effectiveness of our online advertising when you visit our website.

Cookies are small data files sent to your web browser and saved to your computer’s hard drive. Cookies will only be sent to your computer’s hard drive when using your computer to access our website. Cookies are generally used to record the visitor behaviors and preferences when accessing certain various items on our website. Cookies collect anonymous collective statistical data and do not collect personal data.

Cookies cannot be used to access your hard drive data, email address, or personal data, rather they allow website owners and service providers to identify your browser, collect, and record information. Most web browsers are set to accept Cookies by default. You can change your browser settings to block Cookies or notify you when new Cookies are saved. However, you may not be able to activate or use certain website features if you disable Cookies in your browsers.

Data Protection for Minors

3.1 This website does not collect minors’ personal data. If we find or suspect that a user is a minor in the applicable jurisdiction, we will ask users to close their accounts and they shall no longer be able to buy or sell digital currencies. Such users’ data shall be deleted as soon as possible. Please let us know if you are aware of anyone under the age of 14 using our services so that we may take action to prevent them from accessing our services.

3.2 We recommend that parents or guardians of minors aged between 16 and 18 (except those reaching the age of 16 and deemed to have full legal capacity) read this Policy and that such minors only use our services or provide us with data with their parents or guardians’ consent. Data collected with a minor’s parents’ or guardians’ consent will only be used or disclosed to the necessary extent permitted by law, to the extent expressly authorized by parents or guardians, or to protect the minor’s rights. Minors are kindly requested to stop using our services and notify us to take the necessary measures if their parents or guardians disagree with their use of these services or provision of data pursuant to this Policy.

3.3. Please contact us via the contact information in Section 9 if you are the parent or guardian of a minor and have any concerns about the processing of any personal data of the minor.

Disclosure of Your Personal Data

4.1 We may disclose your personal data to the following parties (who may use your personal data within or out of your jurisdiction), provided that they commit to assuming data protection obligations by using the same degree of care as that used under this privacy policy

Our affiliates; including those that partner with or provide services to ipayfast

Customer personal data held by Ipayfast will form part of the assigned assets should a third party acquire Ipayfast or all of its assets; Banks, credit or debit card issuers, or other financial institutions are required to establish and support any payment you request or purchase;

We are entitled to share current and past offers, quotes and market prices, opening price and closing prices, high and low prices, transaction prices, estimated and actual transaction volumes, settlement prices, and other data and information related to digital assets traded on the Platform with other websites whenever we are obliged to disclose or share your personal data to comply with legal obligations, perform or enforce the terms and conditions of this Privacy Policy or other agreements, or protect our rights, property, and security;

Any other legal entity, government agency, regulatory agency, or securities exchange whenever such disclosure is mandatory or required by a legal or contractual obligation, or required by law, a court order, or any competent securities exchange (regardless of whether national or international)

By submitting this KYC form, I confirm that I have read and understood the company's KYC Policy, and I authorize the company to collect, store, process, and transmit my personal information for the purpose of verifying my identity and complying with applicable laws and regulations.