Privacy Policy

This Privacy Policy outlines our practices concerning the collection, use, disclosure, security, and transfer of your information by YMoney and its subsidiaries and affiliates, collectively known as "YMoney." This policy is a fundamental part of the Conditions of Use for YMoney's mobile application platform Platform and its services, including a real-time group-payment settlement system, among others. By engaging with the Platform, you consent to the terms outlined in this Privacy Policy, agreeing to the processing of your information as specified herein. We prioritize the privacy of our users, committing to safeguard it while offering personalized and valuable services. The types of information collected by YMoney include data provided by users, third-party data, personally identifiable information on the Platform or Website, and information automatically tracked during Platform use. To access certain services on the Platform, users are required to provide personal information during the registration process, which may include your name, email address, phone number, access to your camera and images, access to your contact list and SMS inbox, and financial details though YMoney does not retain these details. This information enables us to offer services, enhance the Platform, and ensure a user-friendly experience. YMoney may utilize this information for service improvement, development of new services, and, without requiring consent, for non-marketing purposes such as updates and customer support. Information is deemed non-sensitive if it is publicly accessible. The Platform also collects information automatically, including transaction data and user behavior, with user consent. This includes accessing business messages and, for enhancing services, personal and OTP messages, though personal SMSes or OTPs are not stored. Tools like Google Analytics are employed to understand user demographics and interests. Our servers automatically log details about your device's connection to the Internet when you use the Platform, including IP address and device information, for operational and security purposes. Links to third-party sites are included on the Platform, and these sites have their own privacy policies, which YMoney does not control. For payments, YMoney directs users to registered Payment and Settlement Merchants without storing any payment details. The use of information includes operating your YMoney account, facilitating transactions, compliance with regulations, fraud prevention, customer service, and marketing, with data retention as mandated by law. Information disclosure is restricted to YMoney affiliates, law enforcement, regulatory bodies, financial institutions, and third parties necessary for service provision, using aggregate data for marketing and strategic development purposes. YMoney complies with anti-money laundering laws and may report suspicious transactions. Communications with users include updates, transactional emails, and marketing messages, with options available to opt out of newsletters. We implement measures against phishing and advise users to report suspicious emails. Users have the choice not to provide information, which may limit access to certain services on the Platform. Our commitment to confidentiality and security involves protecting against unauthorized data access or disclosure, with policy updates reflecting technological or legal changes. Users have rights to access and correct their information or request cessation of its use for direct marketing. YMoney disclaims liability for content errors or omissions on the Platform, providing no warranties beyond those explicitly stated. For privacy or data use concerns, contact details are provided for grievance redressal. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the contents of Platform and expressly disclaim liability for errors and omissions in the contents of the Platform. No warranty of any kind, implied, expressed or statutory, including but not limited to the warranties of non-infringement of third party rights, title, merchantability, fitness for a particular purpose and freedom from computer virus, is given with respect to the contents of the Platform or its hyperlinks to other internet resources. The contents of this Platform are under copyright and/or trade mark of their original authors unless otherwise noted on the page itself. QUESTIONS/GRIEVANCE REDRESSAL In the event you have any grievance relating to the Privacy Policy or any other information relating to the use of Information/data, you may contact us at Email: [email protected] or Contact no: 9935067693 Address - Sarvodaya Colony, Amitabh Bachan Road, Allahapur, Prayagraj, Uttar Pradesh 211001