SED APP PRIVACY POLICY

Terms and Conditions

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Effective Date: 15/04/2025

Welcome to SED App ("we," "our," or "SED App"). We highly value your privacy and are committed to protecting your personal information. This Privacy Policy clearly outlines how we collect, use, share, safeguard, and manage your personal information when you use our mobile application, website, or any related services (collectively, "Services"). By using our Services, you agree to the terms set forth in this policy.

Information We Collect

We may collect the following types of information:

  • Personal Information:

    • Including your full name, email address, telephone number, residential address, date of birth, national identification number, passport details, or other forms of identification required for Know Your Customer (KYC) compliance and Anti-Money Laundering (AML) guidelines applicable in your jurisdiction.

  • Financial Information:

    • Payment details, banking information, credit card details, and transaction histories related to SED Digital Banking, virtual card creation, and transactions within our app.

  • Transaction Information

    • Information about your purchases, bookings, payments, or interactions within the app.

  • Device and Usage Information:

    • Information about your device, IP address, browser, operating system, and data concerning your app usage and interactions.

  • Location Information:

    • Precise location data collected with your explicit consent to enable localized services, such as delivery or geographic-specific services.

How We Use Your Information

Your information is used to:

  • Provide, enhance, personalize, and maintain our Services.
  • Verify your identity to comply with local and international KYC and AML regulations.
  • Process transactions, create and manage virtual payment cards, and maintain secure financial services.
  • Communicate with you regarding updates, customer service, promotions, or marketing purposes.
  • Detect, prevent, and investigate fraud, illegal activities, or security issues.
  • Comply with legal obligations and regulatory requirements.

Sharing Your Information

We may share your personal data with:

  • Trusted third-party service providers such as payment processors, financial institutions, logistics providers, and compliance or identity verification agencies.
  • Legal authorities or regulatory bodies when required by applicable law or regulation.
  • Our affiliates or strategic business partners when explicitly consented by you.

We will never sell or rent your personal data to third parties.

Security of Your Information

SED App employs advanced and robust security measures designed to safeguard your personal and financial information from unauthorized access, alteration, disclosure, misuse, or destruction. Despite our rigorous efforts, no electronic transmission or storage method can guarantee absolute security.

Data Retention

Your personal information is retained only as long as necessary for the purposes outlined herein, and to comply with applicable legal and regulatory requirements. We securely dispose of or anonymize data no longer required.

Your Rights and Choices

You have specific rights regarding your personal data, including:

  • Requesting access, correction, updating, or deletion of your personal information.
  • Withdrawing consent or opting out of marketing communications at any time.
  • Obtaining a copy of your personal data in a structured format
  • Restricting or objecting to certain processing activities.

To exercise your rights, contact us directly at [Insert Contact Information].

KYC and AML Compliance

SED App strictly adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations relevant to each country in which we operate. Users accessing financial services, including digital banking and virtual card creation, must provide accurate and verifiable identification documents and information. Failure to comply with these requirements may result in denial of services or termination of accounts.

Children's Privacy

Our Services are not intended for individuals under 16 years of age. We do not intentionally collect personal information from minors.

Changes to This Privacy Policy

SED App reserves the right to update this Privacy Policy as necessary. Any changes will be posted prominently on our website and communicated to our users as appropriate. Continued usage of our Services following any changes signifies your acceptance of the updated terms.

Limitation of Liability

Under no circumstances will SED App, its owners, representatives, affiliates, or employees be liable for any direct, indirect, incidental, consequential, or special damages resulting from the unauthorized use or disclosure of your personal information, except as mandated by applicable law.

Indemnification

You agree to indemnify, defend, and hold harmless SED App, its officers, representatives, directors, employees, and affiliates from any claims, damages, liabilities, costs, or expenses arising from your use of the Services, your violation of these terms, or any infringement by you or any third party using your account.

Governing Law

This Privacy Policy is governed by and construed according to the laws of the jurisdiction in which SED App operates or where applicable services are rendered.

Contact Information

For questions or concerns about this Privacy Policy, please reach out to us at:

SED Global Organization LLC
30 N Gould St Ste R Sheridan, WY 82801, USA

info@sed-app.com

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