VENSHACK TECHNOLOGIES PRIVACY POLICY

We recognize that improper care or handling of your personal information would be both unethical and potentially harmful. For this reason, we place the highest priority on safeguarding customer data. Our Privacy Notice sets out detailed information on how we collect, use, store, and protect your personal data.

We appreciate your trust in us and rely on your informed consent to the practices described in this Privacy Notice as you continue to use our services.

Account Creation and Management: To create and maintain your account on our platform.

Legal Compliance: To meet regulatory requirements on Know Your Customer (KYC)/Know Your Business (KYB), fraud prevention, and other legal obligations.

Service Improvement: To enhance the performance of our platform and provide personalized services based on your preferences.

Provision of Personalized Marketing Communication: The information you provide us is used in displaying adverts of features, products and services that align with your interest. Information like name or email address that singles you out is not used in these adverts.

Need to Abide By Legal Obligations: The personal information you provide to us is highly essential as regards abiding with laws. For identity verification and other relevant purpose, we seek out information about place of establishment and bank account information.

Boost The Functionality Of Our System: We use your personal data for trouble-shooting and improving the functionality of our systems. It helps us evaluate performance, identify and correct errors so that you can use our services without stress.

We share your personal data only when it's relevant with our subsidiaries who are security conscious. By no means do we engage in selling your personal data.

We have instituted reliable safeguards for data transfers across nations. Our staff are made to comply with these laws and obliged to ensure your data is secure.

In a situation where we have to share personal data in a bid to comply with the law, protection of rights, terms and conditions of use or other agreement, we take necessary precautions in going about the sharing of your data and if need be, we share your data with companies that are charged with securing data and transactions.

We put in place reliable measures that guaranty the safety of your data. We make use of fire walls, data encryption protocols and software that has proficient technical security. There are well instituted security measures for each stage your data goes through.

When transacting on our site we may request complete information about you before disclosing relevant data so as to ensure that data is secure. We also urge you to avoid disclosing relevant information like your password and pin numbers to third parties.

The Constitution of the Federal Republic of Nigeria 1999 (as Amended), the Nigeria Data Protection Act 2023 and Its Regulations, and other applicable data protection laws provide certain rights for you with respect to personal information.

Notwithstanding where you may be resident, your data right would be respected and Venshack Technologies remains committed to upholding your rights under the applicable data protection and governance laws in your country. Primarily, we understand that your data protection rights shall be but not limited to the following include:

• Right to Information: You may ask for more information on our privacy practices and how we handle your data. This right includes extends to access, update or to delete the information we have on you
• Right to Access: You can request a copy of the personal data we hold about you and have that exported in a machine-readable format or forwarded to any third-party of your choosing.
• Right to Rectification: You can update or amend inaccurate personal data.
• Right to Object: You may object to certain types of processing, such as marketing communications.
• Right to Manage Consent, Opt-out of marketing communication and Restrict Processing: You can withdraw your consent in totality or partially by unsubscribing from all marketing communication at any time.
• Right to Delete or be forgotten: You can request the deletion of your personal data. This right is not absolute, as we are required to retain your data due to our legal obligations or legitimate business interests.

You are entitled to request details of the information we hold about you and how we process it. You may also have a right in accordance with applicable data protection law to have it rectified or deleted, to restrict our processing of that information, to stop transfers of your personal information to a third party and, in some circumstances, to have personal information relating to you transferred to another organization.

You may also have the right to lodge a complaint in relation to how we have processed your personal information with the relevant regulatory authority.

If you object to the processing of your personal information, or if you have provided your consent to processing and you later choose to withdraw it, we will respect that choice in accordance with our legal obligations. Please email us here at legal@venshack.io

Please note that even after you have chosen to withdraw your consent we may be able to continue to process your personal information to the extent required or otherwise permitted by relevant law, in particular in connection with exercising and defending our legal rights or meeting our legal and regulatory obligations.

You may wish to inform us of any update to any information you may have with us, please email us here at legal@venshack.io

The information we collect about you may be transferred, used, or stored in any country where we have operations or where we engage service providers. That means that your information may be transferred to a different country than where it was collected, and which may not provide equivalent levels of data protection as Nigeria.

The level of Data protection in countries outside Nigeria may be less than that offered within Nigeria. Where this is the case, Venshack Technologies shall implement appropriate measures to ensure that your personal information remains protected and secure in accordance with applicable data protection laws, guidelines, and standards in Nigeria at the least. Nigerian standard contractual clauses are in place between all foreign entities that share and process personal data.

Where our third-party service providers process personal data outside Nigeria in the course of providing services to us, our written agreement with them will include appropriate measures, usually standard contractual clauses on data sharing in accordance with prevailing local and international standards.