Powercard Ltd understands how important your personal data is and we are committed to protecting and respecting your privacy.
This Privacy Statement:
In this privacy statement, your data is sometimes called "personal data" or "personal information". We may also sometimes collectively refer to handling, collecting, protecting and storing your personal data or any such action as "processing" such personal data.
For the purposes of this statement, personal data shall mean any information relating to you which identifies or may identify you and which includes, for example, your name, address, identification number.
1. Who we are
Powercard Ltd is a registered agent of the licensed electronic money institution Transact Europe EAD according to Order No 20924/14.02.2018
If you have any questions, or want more details about how we use your personal information, you can contact us at: Data Protection Officer, Powercard Ltd, Block D, Iveagh Court, Dublin D02 Irelandemai: email@example.com.
2. What personal data we process and where we collect it from
We collect and process different types of personal data which we receive from our customers (potential and current) in person or via their representative or via our alternative channels of communication such as Powercard Ltd website, in the context of our business relationship.
We may also collect and process personal data from publicly available sources (e.g. the Department of Registrar of Companies, the Bankruptcy Archive, commercial registers, the press, media and the Internet) which we lawfully obtain and we are permitted to process.
We also collect data when you sign up for our newsletter using your name and e-mail address via the sign-up form on our website, or when you complete any other forms on our website to receive more information. When you fill out the newsletter form, you indicate your consent to receive our newsletter. You can at any time unsubscribe from receiving this newsletter by following the instructions provided in any of the newsletters.
We also collect your data when you complete the pre-application form, as an indication of interest for any of our products and services or to become one of our merchants. We collect the data you submit on the form, including your including your contact information, address and, order details, corporate information, tax information and payment details. This information is used for pre-approval purposes, and once approved for the establishment of a contract with you.
When you browse our website, we process your IP address, Google Analytics ID, internet browser and device type, location data and your use of our website, including which pages you visited, how you got to our website, the time and length of your visit and your language preferences. We use this data for our legitimate interests of making sure our website works properly.
If you are a prospective customer, or an authorized representative/agent or beneficial owner of a legal entity or of a natural person which/who is a prospective customer, the relevant personal data which we collect may include:
Name, business and/or home address, contact details (telephone, email), identification data, EU basic payment account identification, birth date, place of birth (city and country), if you hold/held a prominent public function (for PEPs), FATCA, authentication data [e.g. signature], nationality.
3. Whether you have an obligation to provide us with your personal data
In order that we may be in a position to proceed with a business relationship with you, you must provide your personal data to us which are necessary for the required commencement and execution of a business relationship and the performance of our contractual obligations. We are furthermore obligated to collect such personal data given the provisions of the money laundering law which require that we verify your identity before we enter into a contract or a business relationship with you or the legal entity for which you are the authorized representative / agent or beneficial owner. You must, therefore, provide us at least with your identity card/passport, your full name, place of birth (city and country), and your residential address so that we may comply with our statutory obligation as mentioned above.
Kindly note that if you do not provide us with the required data, then we will not be allowed to commence or continue our business relationship either to you as an individual or as the authorized representative/agent or beneficial owner of a legal entity.
4. Why we process your personal data and on what legal basis
As mentioned earlier we are committed to protecting your privacy and handling your data in an open and transparent manner and as such we process your personal data in accordance with the GDPR and the local data protection law for one or more of the following reasons:
A. For the performance of a contract
Powercard Ltd processes personal data in order to offer services based on contracts with our customer but also to be able to complete our acceptance procedure so as to enter into a contract with prospective customers.
The purpose of processing personal data depends on the requirements for each service and the contract terms and conditions provide more details of the relevant purposes.
B. For compliance with a legal obligation
There are a number of legal obligations emanating from the relevant laws to which we are subject as well as statutory requirements, e.g. the Provision and Use of Payment Services and Access to Payment Systems Law of 2018. There are also various supervisory authorities whose laws and regulations we are subject to e.g. the European Central Bank, the European Banking Supervisory Authority and the Bulgarian National Bank. Such obligations and requirements impose on us necessary personal data processing activities for identity verification, compliance with court orders, tax law or other reporting obligations and anti-money laundering controls.
C. For the purposes of safeguarding legitimate interests
We process personal data so as to safeguard the legitimate interests pursued by us or by a third party. A legitimate interest is when we have a business or commercial reason to use your information. But even then, it must not unfairly go against what is right and best for you. Examples of such processing activities include:
To exercise any of your rights, or if you have any other questions about our use of your personal data, please contact us in writing to: Data Protection Officer, Powercard Ltd, Block D, Iveagh Court, Dublin D02 Ireland, or email:firstname.lastname@example.org.
10. Changes to this privacy statement
We may modify or amend this privacy statement from time to time.
We will notify you appropriately when we make changes to this privacy statement and we will amend the revision date at the top of this page. We do however encourage you to review this statement periodically so as to be always informed about how we are processing and protecting your personal information.