Privacy Policy
Authorization
Regulatory Compliance and Authorization
Peso Online's loan services are sanctioned by MyCash Lending Investors Inc., a lending institution licensed and overseen by the Securities and Exchange Commission (SEC) of the Philippines. Operating in strict adherence to SEC regulations, Peso Online holds SEC Registration Number CS201840987 and Certificate of Authorization Number 2814.
Scope of Application
This Privacy Policy governs the collection, storage, sharing, use, and protection of your personal information by Peso Online. We may periodically update this Privacy Policy to reflect changes in our practices, services, or legal requirements. Any amendments or updates will be effective immediately upon posting within the app. It is your responsibility to regularly review this Privacy Policy to stay informed about how we protect your information.
Consent and Agreement
By using the Peso Online app or accessing any of our services, you explicitly consent to the collection, use, and sharing of your personal information as described in this Privacy Policy. You also agree to abide by the terms and conditions set forth herein. If you do not agree to these terms, you should not use the app or our services.
Information Collection
How We Use Your Data
At Peso Online, your data is used to enhance your experience and ensure the security of our services. Here’s how we use your information:
A. Loan Processing and Evaluation: Verify your identity and assess your creditworthiness. & Process loan applications and manage loan disbursements.
B. Customer Support: Assist with any questions or issues you encounter while using the App. & Provide personalized support to enhance your experience.
C. Service Improvement: Analyze usage trends and refine features to improve the App’s functionality. & Enhance the overall user experience based on your interactions.
D. Marketing and Communication: With your consent, send promotional offers or updates on new features and services. & You can opt out of these communications at any time.
Data Collection
To provide you with the best possible service, we collect various types of data, which are categorized as follows:
A. Personal Information: Full name, birthdate, email, phone number, home address, and employment details. & Used for account setup, identity verification, and loan application processing.
B. Financial Information: Income level, employment background, and other relevant financial records. & Used to evaluate your creditworthiness and process loan requests.
C. Camera and Gallery Permission: To streamline the loan application process, our app may request access to your device’s camera and gallery. This allows you to capture or select and upload necessary documents, such as identification cards or bank statements.
D. Device Information: Details about your device, such as model, operating system, and IP address. & Used to optimize the App’s performance across different devices.
Data Sharing with Third Parties
Your privacy is our priority. However, to enhance your experience and provide certain services, we may share your data with trusted third parties:
A. Credit Bureaus and Financial Institutions: Share specific personal and financial details to evaluate your creditworthiness and process your loan.
B. Service Providers: Collaborate with third-party companies for technical support, payment processing, data storage, and customer service. & These companies are bound by confidentiality agreements and may only use your data to fulfill their service obligations.
C. Legal and Regulatory Entities: Disclose your information to government agencies, law enforcement, or other parties involved in legal proceedings when required by law or to safeguard our rights.
Managing Your Personal Data
As a user of Peso Online, you have control over your personal data. Here’s what you can do:
A. Access and Modify Your Information: View and update your personal details by logging into your account or contacting our customer support team.
B. Control Data Sharing: Choose not to share certain personal or financial details when prompted by the App. & Note that this may limit your access to some features or the ability to apply for loans.
C. Unsubscribe from Marketing: Stop receiving promotional emails or notifications at any time by following the unsubscribe link or adjusting your settings in the App.
D. Account Deletion: Request the deletion of your account and associated data if you no longer wish to use our services. & Note that we may retain some information for legal or regulatory reasons even after your account is deleted.
Data Security
We take the security of your personal data seriously:
A. Data Encryption: Sensitive information, including financial details, is encrypted during transmission to prevent unauthorized access.
B. Protected Storage: Your data is stored on secure servers with strict access controls, ensuring that only authorized personnel can access your personal and financial information.
C. Regular Security Audits: Conduct regular audits of our security protocols and systems to identify and address any potential vulnerabilities.
While we implement robust measures to protect your data, please be aware that no data transmission over the internet or electronic storage method is completely secure. We recommend that you also take precautions to protect your information, such as keeping your login credentials confidential.
Updates to Our Privacy Policy
We may periodically update this Privacy Policy to reflect changes in our practices, services, or legal obligations. When updates are made, the revised policy will be posted within the App, and the effective date will be updated accordingly. We recommend that you regularly review this policy to stay informed about how we protect your information.
If you have any questions about this Privacy Policy or our practices regarding your personal data, please contact us at:
Email: cashfixlendinginvestorinc@gmail.com
Address: 12 Floor ASEANA Three Bldg., Macapagal Ave. cor ASEANA Ave., ASEANA City Tambo City, Paranaque, Metro Manila, 1701 Philippines
By using the Peso Online, you confirm that you have read and understood this Privacy Policy.
