Paymennt Data Safety and Account Deletion Policy

At Paymennt, we take the privacy and security of your data seriously. This Data Safety and Account Deletion Policy outlines the measures we have in place to protect your personal information and how you can request the deletion of your account.

1. Data Safety and Security

1.1. Personal Information

We collect and store personal information from both users and businesses to provide our services effectively. This information includes but is not limited to names, contact information, transaction history, and account preferences. Your data is stored securely on our servers and is protected using industry-standard security measures.

1.2. Security Measures

We implement strict security protocols to safeguard your data from unauthorized access, disclosure, alteration, or destruction. Our measures include encryption, access controls, regular security audits, and compliance with data protection regulations.

2. Account Deletion

2.1. User Account Deletion

As a user, you have the right to delete your Paymennt account at any time. To do so, follow these steps:

• Log in to your Paymennt account.

• Navigate to Settings then Account.

• Select the option to "Delete Account."

• Confirm your decision.

Please note that account deletion is permanent and irreversible. It will result in the loss of all your data, transaction history, and account preferences.

2.2. Business Account Deletion

Business accounts on Paymennt can only be deleted or deactivated by administrators with proper authorization. If you wish to delete or deactivate your business account, please contact our support team through the app or our official website. We will assist you in the process.

3. Retention of Data

We retain your data as long as it is necessary to provide our services, comply with legal obligations, resolve disputes, and enforce our policies. Once you delete your account, we will retain your data for a specific period as required by law or to fulfill other legitimate business purposes.

4. Contact Us

If you have any questions or concerns about your data or the account deletion process, please don't hesitate to contact our support team at support@paymennt.com.

5. Changes to Policy

Paymennt reserves the right to update and modify this Data Safety and Account Deletion Policy as needed. Any changes will be communicated to users through the app or via email.

By using Paymennt's services, you agree to abide by this policy. Please review it regularly for any updates.