Paymt Privacy Policy


Paymt is a service that offers an API and secure data encryption and tokenization that allows you to integrate to third party endpoints. We value and respect your privacy and will take all reasonable steps to protect your and your customers’ personal information. This Privacy Policy will help you understand what personal data Paymt collects and how we collect, hold, use and disclose that information as well as the purposes of such collection and disclosure.

California residence can click here for Paymt.net’s privacy notice for California Residents.

1. What does this Privacy Policy Apply To?
This Privacy Policy applies to www.Paymt.net, all subpages “Website” and all software and services that we offer through our Website. This Privacy Policy does not apply to any website, service or product of any third-party even if such third party links to or is linked from our Website. We do not control or operate those websites, services or products and assume no responsibility for them. You should carefully review the privacy policies of such third party websites, services or products before deciding whether to provide any personal information.

2. Information Collection and Use

What information do we collect?
We collect information in several ways: (i) when you send us an e-mail or communicate via any other electronic means we will store the address and the conversation history; (ii) when you register with our Website we will collect and store certain personal data that may include your address, phone numbers, credit card numbers, IP address, location, information about your computer or device and other standard web log information; (iii) when a customer uses a checkout process on a merchant’s website that is integrated to Paymt, we may gather data required to process the transaction.

We refer to the information we collect generally as “personal information”, which includes any information that can be used to identify and individual, or any anonymous information that is linked to a specific individual. Any information that is aggregated or becomes anonymous such that it cannot be reasonably associated with an individual shall not be considered personal information.

The types of personal information we collect and our use of that personal information will depend on whether you are a merchant, website user or end customer.

Merchants
When you visit our Website we may collect your IP address, information about your computer, and other standard web log information. We will also collect your email address and other personal information that we may use to update you about your account with Paymt and our service generally.When you sign-up to utilize the Paymt service, in addition to the information above, we may require you to provide a valid credit card and contact email.
Once you begin using the Paymt service for production transactions, we will keep records of your transactions and collect information of your other activities related to our service.


Website Users
When you browse our Website, you will not be required to provide any personal information. We may, however, gather non-personally-identifiable information solely for the purposes of monitoring our Website and the services that we offer through it. We will not share this information with third parties or use it to target any advertisements to you.

End customers
When a merchant using Paymt’s service collects payment information from you, they collect personal information from you and the may pass it to us. This personal information may include your payment information, and may include your email address, phone number, and billing and shipping address.


Cookies
We may collect information about your computer (including your IP address), operating system and browser type, for system administration purposes.

We may also obtain information about your general internet usage by using a cookie file which is stored on the hard drive of your computer. Cookies contain information that is transferred to your computer’s hard drive. They help us to improve our Website, deliver a better and more personalized service, look for possible fraudulent activity, and to be better understand the sources of traffic to our Website.

You may elect to refuse disable cookies by activating the appropriate setting on your browser. However, if you select this option you may be unable to access certain parts of our Website. Unless you have adjusted your browser setting so that it will refuse cookies, our system will automatically issue cookies when you log on to our Website.

What we do with your information
Paymt uses the information we collect for the following general purposes including products and services provisioning, billing, identification and authentication, service improvement, contact, and research.

We may occasionally email you with information about new service. You may opt out of these emails by clicking on the unsubscribe link contained in such communications or by replying with unsubscribe in the subject line. Please note that you will continue to receive communications about your Paymt account including billing invoices and usage notifications.

3. Sharing and disclosure of information
We are not allowed to disclose personal information without your written permission and will never sell or rent your personal information to marketers.

Certain information collected about you and your customers may be shared with third parties within the context of providing Paymt services. These third parties may include our agents, related body corporates, contractors, financial institutions, payment processors, fraud services, and any third parties that you have directly authorized to receive your personal information. By visiting our Website or using our service, you acknowledge that we may share payment transaction data and related information with third parties to the extent necessary to process transactions via the Paymt service. The use of personal information by such third party will be subject to their applicable privacy policy, which we recommend you carefully review.

In certain circumstances we may be required to disclose personal information to government officials, law enforcement or other third parties: (i) in order to investigate, prevent, or take action regarding illegal activities, suspected fraud, situations involving potential threats to the physical safety of any person, violations of Paymt’s terms of use, or as otherwise required by law; (ii) if we are compelled to do so by subpoena, court order or other legal process; or (iii) if we are required to do so to comply with any law, statute, or set of rules or regulations.

We will only disclose personal information in response to a request if we believe in good faith that it is necessary to comply with any applicable law or legal requirement. We will use reasonable efforts to provide you prompt notice prior to such disclosure so that you can contest the requirement if you choose unless we determine in good faith that: (i) we are not permitted to provide you such notice under any applicable law; or (ii) giving such notice would result in an imminent risk of death, serious injury or significant property loss or damage to Paymt or a third party.

In the event Paymt is acquired by or merged with another company or enters into a reorganization, bankruptcy or any other similar event then we may also transfer any personal information to our success or assign. In this event, we will notify you by email or by putting a prominent notice on the Website before any personal information is transferred and becomes subject to a different privacy policy.‍

4. Data retention
Personal information we collect and use for any purpose or purposes shall not be retained for longer than is necessary for that purpose or those purposes.

Paymt owns the data storage, databases and all rights to the Paymt application, but we make no claim to the rights of your data. You retain all rights to your data and we will never contact your clients directly, or use your data for our own business advantage or to compete with you or market to your clients.

To offer our service we are required to retain certain data you provide us to ensure transactions are processed correctly, to identify fraudulent activity, and to comply with applicable laws and regulations. Accordingly, even if you close your Paymt account and we export your data to a third party, we will retain certain information as necessary to meet these obligations.

‍5. Security and protection of information
The security of your personal information is important to us. We take all reasonable steps and follow generally accepted industry standards to ensure that the personal information we hold is protected from misuse, interference, loss, unauthorized access, modification or disclosure by the use of various methods including access limitation, and industry-standard Secure Socket Layer (SSL) encryption technology. We take all reasonable steps to ensure that the personal information we collect, use or disclose is accurate, complete, up-to-date, relevant and stored securely. Security safeguards include data encryption, firewalls, and physical access controls to building and files. Paymt’s systems are certified as Level 1 PCI compliant and all data retention and credit card information is maintained in accordance with the PCI standards as determined by the PCI Security Standards Council.

You are responsible for the use and safeguarding of any login ID that we issue to you regarding the use of the Website or our service and any associated passwords. It is important for you to protect against unauthorized access to your login ID and password, to other sensitive data regarding your account with us, and to your computer and systems.

Platform Credentials are SOLELY and exclusively for the use of Client. Notwithstanding any other provision in this Agreement, Client agrees that in the event Client provides or discloses Platform Credentials to any third party, Client is liable for any harm, injury or damages whatsoever arising from any such disclosure.
In the event Client discloses Paymt’s Platform Credentials to any party other than Client’s employees, contractors, and outsourcers performing services for or on behalf of Client, Client understands and agrees that Paymt disclaims any and all liability or responsibility whatsoever for any breach, disclosure or loss of Client data. By disclosing Paymt’s Platform Credentials in breach of this Agreement, Client understands that Client is exposing Client’s data vault contents to breach, and that Client assumes any and all liability whatsoever for any breach of Client’s data vault.
Additionally, and in addition to the foregoing complete release of any and all liability, Client assumes any and all risks incident to the disclosure by Client (including any of Client’s employees, officers or directors) of Client’s Platform Credentials. Client hereby releases and holds Paymt harmless from any and all liability of any kind or character whatsoever, in any form or forum, and to the fullest extent available under applicable law, concerning, arising from or in any way related to damages that Client may sustain following Client’s disclosure of Paymt’s Platform Credentials.
Paymt provides some or all of its service from systems located outside of Europe. Accordingly, any European merchants and/or merchants collecting information from European persons by using Paymt’s service must disclose to their customers that personally identifiable information may be transferred, processed and stored outside of Europe.

Paymt maintains strict administrative technical, and physical procedures to protect information stored in our servers, which are located in the United States, and access to personal information is limited to only those employees who require it to perform their job functions.

No method of transmission over the Internet, or method of electronic storage, is 100% secure, however. Therefore, while we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.

If you have any questions about security on our Website, you can send email us at support@Paymt.net.

6. Changes to this Privacy Policy
We reserve the right to modify this privacy statement at any time, so please review it occasionally to ensure you’re still in agreement with its provisions. If we make material changes to this policy, we will notify you here or by means of a notice on our Website so that you are aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it. You agree that electronic disclosures and notices have the same meaning and effect as if we had provided you with a paper copy.

7. Questions; Access, Corrections and Complaints
If you have any questions about this Privacy Policy or would like to access or seek correction of your personal information, or if you have any complaints regarding our privacy practices, please contact us at support@Paymt.net.

‍This Privacy Policy was last updated on October 20, 2019. As our service continues to evolve, we may update this policy so please check back frequently.