What Data Do We Collect?
054 collects various types of personal and non-personal data to enhance your experience and ensure compliance with regulatory requirements. This includes:
- Account information such as name, email address, phone number, and identification documents for KYC verification.
- Device and browser data including IP address, device identifiers, browser type, and settings to optimize performance and security.
- Local payment information relevant to Indian payment methods like UPI, Paytm, Net Banking, and INR transaction details.
- Cookies and tracking data to personalize content and analyze site usage and traffic patterns.
- Usage data that captures your interactions with our platform to improve services and detect fraud or abuse.
How Is Your Data Used?
Your information is used to provide and maintain our services, including account creation, transaction processing, customer support, and compliance checks.
We may also use aggregated and anonymized data for analytics, marketing, and improving our platform’s features and security.
Personal data is handled in strict accordance with Indian data protection laws to protect your privacy and prevent unauthorized access.
Cookies and Tracking Technologies
We use cookies and similar technologies to remember your login sessions, preferences, and to analyze usage trends.
You can adjust cookie preferences in your browser settings; however, disabling cookies may impact certain features of the 054 platform.
Cookies help us deliver personalized experience and detect fraudulent activities to ensure platform integrity.
Data Storage and Security Measures
054 employs industry-standard encryption, secure servers, and strict access controls to protect your data.
Personal and financial information is stored securely with ongoing audits and safeguards to prevent breaches.
Regular security updates and vulnerability assessments ensure we meet the latest standards in data protection.
Sharing Your Data with Third Parties
We may share your data with trusted third-party service providers such as payment processors, identity verification companies, and regulatory authorities as required by law.
All third parties are vetted and required to comply with confidentiality and security obligations aligned with Indian privacy regulations.
We do not sell or rent your personal data to any third parties for marketing purposes.
Your Rights Regarding Your Data
As a user, you have the right to access, update, and request deletion of your personal data stored on 054, subject to applicable laws and legitimate business needs.
You may contact our support team to exercise your data rights, correct inaccuracies, or request limited processing of your data.
We strive to respond promptly and transparently to all data-related inquiries from Indian users.
Policy Changes and Contact Information
054 reserves the right to update this Privacy Policy periodically. We notify users of significant changes via the website or direct communication.
Your continued use of our services constitutes acceptance of any revised policy.
If you have questions or concerns about data privacy, please contact our support team at [email protected] for assistance.
