Privacy Policy
for MYD MONEY
MYD Money is committed to appreciating and respecting the choice
and privacy of its user base and the business associates when they use our
website and services. The statement here highlights and gives information about
the privacy practices employed and used by us in relation to the personal
information we hold of our business associates and users.
Image
Information
It’s an app
functionality and we upload user's image to prevent fraudulent activity.
Definition and
Description
For the
purposes of the privacy policy, personal information and data include the data
and information that can be identified or linked to specific users. This
information may include address, name, mailing address, email id, telephone
number, mobile phone number related information, data card, DTH service
information, electricity connection data and any other data, information, and details
that are provided by the users and associates voluntarily while availing the
services of the website of MYD Money
Exception
to MYD Money Privacy Policy: Data and information provided by the
users/business associates in the public forums and environments, live chat
room, blog, album, social networking sites, discussion boards, classifieds,
community and the likes (without limitation), are not deemed to be confidential
and hence are not considered as personal/sensitive information and data,
according to MYD Money privacy policy. Such information is therefore not
protected under our privacy policy.
Use of Personal
Information and Data
MYD Money
uses the personal data and information given by the users/business
associates to provide them and with specific services that have been explicitly
requested by a user/associate. The personal information is required and used by
MYD Money to troubleshoot concerns, resolve disputes, collect money, promote
safe and secure services, inform the users and associates about our
services/offers/updates, assess the interest of users and associates in our
services, and prevent us in committing errors. The information may also be used
for preventing criminal activity and fraud, and for enforcing terms and
conditions, among other uses.
Disclosure of
Information Data
MYD Money
shares sensitive or private confidential data or information with an external
organization only when it is necessary to enable us to provide the services to
business associates and users. We may also share the information when it is
necessary for us to do so for completing a legitimate transaction, for
reporting purposes (required or necessary under the terms and conditions
applicable to the information), and/or because of the applicability of the law.
In no other scenario shall we share the confidential and personal data and
information of our users and business associates. The information of the
business associates and users will be shared when it is required or permitted
by law.
Observation and
Implementation of Reasonable Security Practices
MYD Money undertakes the necessary and reasonable precautions for
maintaining the confidentiality and privacy of data and information of our
users as well as business associates. For the purpose, we provide restricted
access to persons who may be required to assess the data and information (on a
need to know basis). We also provide the necessary training to our employees
for ensuring safe and proper handling of data.
Links to Other
Websites
The MYD Money website also has links to other websites. Users
should know and understand that when they click on any of the links, they enter
into another website. We assume no responsibility for these websites. We
encourage the users to read and understand the privacy statements of these
websites, which may be different from the privacy policy of MYD Money. The
users/associates are solely responsible for ensuring the security and secrecy
of their membership accounts, and their passwords.
Privacy Policy
Updates
MYD Money has the full rights to make changes to the data privacy
practices it uses/employs, and to update the privacy statement whenever a need
arises. The same updates and changes will be made available on our website.