Privacy Policy

At Pagos247, safeguarding your privacy is a top priority. This Privacy Policy applies to Pagos247.com and Iberian Technology Partners SL and governs the collection, use, and disclosure of personal data. By accessing and using the Pagos247 website, you agree to the practices described in this policy.

Personal Data We Collect

To provide the products and services available through our website, we may collect the following types of personally identifiable information (PII):

Full Name

Email Address

Phone Number

Date of Birth

Tax Identification Number (TIN)

Physical Address

Social Media Profiles

If you utilize our services, we may also collect banking details, cryptocurrency wallet information, and identification documents, as required for our Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance processes.

Please be cautious when sharing personal information in public forums hosted by Pagos247, as such information may be accessible to others.

We will only collect personal information if you provide it voluntarily. However, in certain cases, providing personal data may be required for using specific services on the website, such as:

Registering an account

Participating in promotions, contests, or special offers

Submitting payment details for transactions

Additionally, we may collect non-personal information related to your future interactions with Pagos247.

How We Use Your Personal Data

Pagos247 collects and processes personal data for various purposes, including:

Fulfilling your product and service requests

Communicating with you about your account, services, or offers from Pagos247 and our partners

Enhancing website functionality and providing personalized experiences

Ensuring compliance with legal and regulatory requirements, including AML and KYC protocols

Data Retention Policy

We retain personal data for as long as it is necessary to fulfill the purposes for which it was collected or as required by law. Typically, data is retained indefinitely or for the maximum period allowed under U.S. law. Once no longer needed, data will be securely deleted or anonymized.

Cross-Border Data Transfers

Pagos247 is a Spain-based company with global clients, and in some cases, your personal data may be transferred internationally, including to jurisdictions outside your country of residence. This may include the United States and other countries where our service providers operate.

We implement appropriate safeguards to ensure that international data transfers comply with applicable laws. If you are based in the European Union (EU), the European Economic Area (EEA), or Brazil (under the LGPD), your data may be transferred in compliance with Standard Contractual Clauses (SCCs), or based on other lawful mechanisms such as obtaining your explicit consent.

By using our services and providing your personal information, you consent to the transfer, processing, and storage of your information in countries where privacy laws may be different from those in your home jurisdiction.

Crypto and Financial Data

As part of our services, Pagos247 facilitates crypto payments, banking transfers, and other financial transactions. To execute these services, we collect and securely store sensitive financial data, including:

Cryptocurrency wallet addresses

Transaction history

Bank account details

We use this data strictly for facilitating transactions, including processing payments and complying with regulatory requirements, such as AML and KYC obligations.

We employ industry-standard encryption and security practices to protect your financial information. However, please note that due to the decentralized nature of blockchain and cryptocurrencies, certain transaction data may be visible publicly on the blockchain. Pagos247 is not responsible for how your data is handled or shared on public ledgers inherent to blockchain technology.

Sharing Personal Information with Third Parties

We may share your personal data with select third parties under the following circumstances:

Service Providers: We share information with vendors that provide essential services such as web hosting, analytics, marketing, security, and payment processing. These providers are contractually obligated to protect your data in compliance with applicable privacy laws.

Legal Compliance: We may disclose your personal data to comply with legal obligations, regulatory requirements, or government requests.

Anonymized Data: We may share anonymized or aggregated data that cannot identify you to improve our services or for analytical purposes.

When transferring data to third parties, we ensure compliance with international regulations, including the EU-U.S. and Swiss-U.S. Privacy Shield Frameworks, Standard Contractual Clauses (SCCs), and relevant exemptions under the GDPR and LGPD.

Local LATAM Data Privacy Regulations

If you are located in Latin America, Pagos247 adheres to region-specific data privacy laws, including Brazil’s General Data Protection Law (LGPD) and other local regulations. We respect your rights to:

Access and correct your personal information

Request the deletion of your data under applicable conditions

Object to or restrict the processing of your data

Withdraw your consent to the collection and processing of personal information at any time

To exercise these rights, please contact us at [Contact Email]. We will respond in accordance with local data protection laws.

AML and KYC Compliance

As a fintech company, Pagos247 is committed to complying with global Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. As part of these legal requirements, we may collect and verify identification documents (such as government-issued IDs) and financial information. This information is used solely to fulfill our legal obligations and will be processed in accordance with this Privacy Policy.

In compliance with AML/KYC laws, we may share this information with regulators, financial institutions, or law enforcement agencies, both within the United States and internationally.

Data Breach Notification

In the event of a data breach that may compromise your personal data, we will notify you as required by U.S. and international data protection laws. This includes notifying relevant regulatory authorities and affected individuals within the timeframe specified by applicable laws, such as the GDPR and LGPD.

Tracking and Cookies

Pagos247 may collect data about your activity on our website to understand user preferences and deliver personalized content or ads. Cookies and similar technologies may be used to enhance user experience and track behavior across our platform.

Automatic Data Collection

Some information may be automatically collected when using our website, such as:

IP address

Browser type

Device information

Referring site details

This data helps us ensure the site’s functionality, analyze trends, and improve user experience.

Security of Your Data

We prioritize the security of your personal information and employ industry-standard measures such as SSL encryption to protect against unauthorized access. However, no transmission over the internet is completely secure, and we cannot guarantee absolute protection of data.

Your Rights and Data Deletion

Upon receiving a verifiable request, you may exercise your rights to:

Delete your personal information from our systems

Instruct third parties acting on our behalf to delete your data

However, there may be exceptions where we are legally required or allowed to retain your information, such as:

Completing a transaction

Detecting or preventing fraud and security threats

Complying with legal obligations

Children Under 13

Pagos247 does not knowingly collect personal information from children under 13. If we become aware of such data collection, we will promptly delete the information.

Connecting with Third-Party Accounts

You may link your Pagos247 account to third-party platforms. By doing so, you consent to sharing information between these platforms according to your privacy settings. You can disconnect third-party integrations at any time.

Email Communications

Pagos247 may send periodic emails for promotions, service updates, or other communications. You can opt out of marketing emails by clicking the “unsubscribe” link included in these communications.

Data Storage

Your personal data may be stored on servers provided by third-party vendors that comply with international data protection standards.

Policy Updates

Pagos247 reserves the right to modify this Privacy Policy at any time. We will notify you of significant changes by posting an updated policy on our website or sending an email notification. Continued use of our website constitutes your acceptance of the revised policy.

Contact Information

For questions or concerns about this Privacy Policy, please contact us at:

Iberian Technology Partners SL
Plaza de Miguel Hernandez, 6, 5 D.
28523, Rivas Vaciamadrid (Madrid),
Spain

Email: privacypolicy@pagos247.com

Effective Date: April 12, 2024