1. Introduction
WolvPay ("we," "our," or "us") is committed to protecting your privacy and personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our cryptocurrency payment processing platform and services.
By using our services, you agree to the collection and use of information in accordance with this Privacy Policy. We encourage you to read this policy carefully to understand our practices regarding your personal data.
2. Information We Collect
2.1 Personal Information
We may collect the following types of personal information:
- Account Information: Email address, business name, contact details when you register for our services
- Business Information: Company registration details, business type, website URL
- Transaction Data: Payment amounts, cryptocurrency addresses, transaction timestamps
- Communication Data: Messages, support requests, and feedback you provide to us
2.2 Technical Information
We automatically collect certain technical information, including:
- Device Information: IP address, browser type, operating system, device identifiers
- Usage Data: Pages visited, time spent on our platform, click patterns
- API Logs: API calls, response times, error logs for service optimization
- Cookies: Session cookies and preference cookies (see our Cookie Policy)
2.3 Cryptocurrency Information
As a cryptocurrency payment processor, we collect:
- Wallet Addresses: Cryptocurrency addresses for payment processing
- Transaction IDs: Blockchain transaction identifiers
- Network Data: Blockchain network information and confirmation details
3. How We Use Your Information
We use the collected information for the following purposes:
- Service Provision: Processing cryptocurrency payments, managing accounts, and providing customer support
- Security: Detecting and preventing fraud, unauthorized access, and other security threats
- Compliance: Meeting legal and regulatory requirements, including anti-money laundering (AML) obligations
- Communication: Sending transaction confirmations, service updates, and important notices
- Improvement: Analyzing usage patterns to enhance our services and develop new features
- Marketing: Providing information about new services and features (with your consent)
4. Information Sharing and Disclosure
We do not sell, trade, or rent your personal information to third parties. We may share your information in the following circumstances:
4.1 Service Providers
We may share information with trusted third-party service providers who assist us in operating our platform, including:
- Cloud hosting and infrastructure providers
- Payment processing partners
- Security and fraud prevention services
- Customer support platforms
4.2 Legal Requirements
We may disclose your information when required by law or in response to:
- Legal process, court orders, or government requests
- Law enforcement investigations
- Regulatory compliance requirements
- Protection of our rights, property, or safety
4.3 Business Transfers
In the event of a merger, acquisition, or sale of assets, your information may be transferred to the new entity, subject to the same privacy protections.
5. Data Security
We implement robust security measures to protect your personal information:
- Encryption: All data is encrypted in transit and at rest using industry-standard protocols
- Access Controls: Strict access controls and authentication requirements for our systems
- Regular Audits: Regular security audits and vulnerability assessments
- Monitoring: 24/7 monitoring for security threats and suspicious activity
- Secure Infrastructure: Use of secure cloud infrastructure with enterprise-grade security
However, no method of transmission over the internet or electronic storage is 100% secure. While we strive to protect your information, we cannot guarantee absolute security.
6. Data Retention
We retain your personal information for as long as necessary to:
- Provide our services and maintain your account
- Comply with legal and regulatory requirements
- Resolve disputes and enforce our agreements
- Prevent fraud and maintain security
Transaction data may be retained for up to 7 years as required by financial regulations. When information is no longer needed, we securely delete or anonymize it.
7. Your Privacy Rights
Depending on your jurisdiction, you may have the following rights regarding your personal information:
- Access: Request access to your personal information we hold
- Correction: Request correction of inaccurate or incomplete information
- Deletion: Request deletion of your personal information (subject to legal requirements)
- Portability: Request transfer of your data in a portable format
- Restriction: Request restriction of processing in certain circumstances
- Objection: Object to processing based on legitimate interests
To exercise these rights, please contact us at [email protected]. We will respond to your request within 30 days.
8. Cookies and Tracking
We use cookies and similar tracking technologies to enhance your experience:
- Essential Cookies: Required for basic functionality and security
- Preference Cookies: Remember your settings and preferences
- Analytics Cookies: Help us understand how our service is used
You can control cookie settings through your browser preferences. However, disabling certain cookies may affect functionality.
9. International Data Transfers
As a global cryptocurrency payment processor, your information may be transferred to and processed in countries other than your own. We ensure appropriate safeguards are in place for international transfers, including:
- Standard contractual clauses approved by relevant authorities
- Adequacy decisions by data protection authorities
- Appropriate technical and organizational measures
10. Children's Privacy
Our services are not intended for individuals under 18 years of age. We do not knowingly collect personal information from children. If we become aware that we have collected information from a child, we will take steps to delete such information promptly.
11. Changes to This Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or applicable laws. We will notify you of any material changes by:
- Posting the updated policy on our website
- Sending email notifications for significant changes
- Providing in-app notifications where applicable
Your continued use of our services after any changes indicates your acceptance of the updated Privacy Policy.
12. Contact Us
If you have any questions, concerns, or requests regarding this Privacy Policy or our data practices, please contact us:
For urgent security-related concerns, please contact our security team immediately at [email protected].