Privacy Policy of NextLayer Technology
Effective Date: (insert date)
Introduction
NextLayer Technology ("NextLayer", "we", "us", or "our") operates the NextLayer Client Node app and associated services (collectively, the "Service"). Our Service is dedicated to facilitating secure and efficient Bitcoin lightning transactions between consumers and merchants in-store. This Privacy Policy outlines our practices concerning the collection, use, protection, and disclosure of your Personal Information during your interaction with our Service.
Consent
● By accessing and using our Service, you consent to the collection, use, and sharing of your information in accordance with this Privacy Policy. If you do not agree with any part of this policy, please discontinue use of the Service immediately.
Information We Collect
Identifying Information
To comply with Know Your Customer (KYC) requirements, we collect the following information:
● Name
● Address
● ID Card Number
● Email Address
This data is crucial for user verification and ensuring the integrity and security of transactions facilitated through our Service.
Photograph
● We collect photographs of Flashpay clients for use by merchants to visually identify clients during transactions. It is crucial to note that aside from the photograph, no other identifying details are shared with merchants.
Credit Card Information
● Your credit card information is processed and stored securely by our third-party processor, GoCardless, to manage website-based monthly Flashpay service fee payments.
Locational Information
● Locational data is collected through the app solely when it is actively in use, specifically to enhance the Flashpay Service by providing location-based functionalities.
Use of Your Information
The collected information is utilized to:
● Verify user identity and adhere to KYC regulations.
● Enable secure transactions between consumers and merchants.
● Process Flashpay service fees through GoCardless.
● Offer improved service functionality, including location-based services.
Sharing and Disclosure
● We do not sell or rent your personal information. Information may be shared with third-party service providers to the extent necessary for them to provide their services to us, under obligations of confidentiality.
Data Security
NextLayer is committed to protecting your information. We employ a variety of security technologies and measures designed to protect your data from unauthorized access, use, or disclosure, including:
● Data Encryption
● Secure storage and transmission
● Rigorous access controls
Your Rights
You have the right to:
● Access the personal information we hold about you.
● Request correction of any inaccurate information.
● Request deletion of your personal information, within legal and operational constraints.
For inquiries or exercises of these rights, contact us directly at help@nextlayer.live.
Changes to This Privacy Policy
● We reserve the right to update or modify this policy at any time. We will notify you of any significant changes by posting the new Privacy Policy on this page and updating the "Effective Date" at the top. We encourage you to review this policy periodically for any changes.
Contact Us
If you have any questions about this Privacy Policy or our privacy practices, please contact us at:
Email: help@nextlayer.live
We welcome your feedback and are committed to improving our practices to ensure the highest standard of privacy and security for our users.