PAYVIDENCE PRIVACY POLICY 2025

Last Updated: 3rd May, 2025

1. Information We Collect

• Account Data: Business name, owner details
• Transaction Data: Sales records, payment info
• Technical Data: IP address, device type

2. Legal Basis for Processing

• Contractual necessity (service delivery)
• Legitimate business interests
• Legal compliance (e.g., FIRS tax reporting)

3. Data Sharing

We may disclose information to:

• Payment processors (Paystack/Flutterwave)
• Regulatory authorities (when legally required)

4. Data Security

• AES-256 encryption for all data
• Regular penetration testing
• NDPR-compliant storage (AWS Africa servers)

5. User Rights

You may:

• Request access to your data
• Correct inaccuracies
• Delete account (subject to tax retention requirements)

6. Cookies

We use essential cookies for:

• Session management
• Security purposes

7. Policy Updates

Users will be notified 30 days prior to material changes.

Contact our DPO: 

info@payvidence.com

+2347012123176

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Key Compliance Features:

1. Nigeria-Focused:
   • NDPR (Nigeria Data Protection Regulation) aligned
   • FIRS tax record retention requirements
   • Naira-denominated payment terms
2. Global Standards:
   • GDPR principles for international users
   • PCI DSS Level 4 compliance for payments
3. Risk Mitigation:
   • Clear limitation of liability
   • Transparent data practices