Welcome to the IMoney Ultra Privacy Agreement.
This APP is developed by Afrowide Development Limited. Please read the privacy agreement below carefully. Please note that this privacy agreement only applies to IMoney Ultra.
The following Privacy Policy describes how we, IMoney Ultra and its Affiliates, collect, store, use, transfer, disclose and protect your Personal Information.
Please read the following carefully to understand our views and practices regarding your Personal Information and how we will treat it. By downloading the App, you confirm that you have read, understood and accept the terms of this Privacy Policy set out hereunder. You also consent to the collection, use, storage, processing and disclosure of your Personal Information in the manner set out in this Privacy Policy. This Privacy Policy together with our Terms of Use and any additional terms applies to your use of the System and the Service.
This Privacy Policy includes the following matters : 1. Definition 2. Personal Information which we collect 3. The use of Personal Information which we collect 4. Sharing of Personal Information which we collect 5. Cross-border transfers of Personal Information 6. Retention of Personal Information 7. Access and correction of Personal Information 8. Where we store your Personal Information 9. Security of your Personal Information 10. Changes to this Privacy Policy 11. Language 12. Acknowledgement and consent 13. Third party websites 14. Limitation of liability 15. How to contact us
Unless otherwise defined, all capitalised terms used in this Privacy Policy shall have the same meanings ascribed to them in our Terms of Use (as applicable).
We collect certain Personal Information about you. The Personal Information which we collect may be provided by you directly (for example, when you opening an Account to use the Service via App, or you otherwise provide Personal Information to us) or by third parties, or be collected automatically when you use the App. We may collect information in various forms and for various purposes (including purposes permitted under Applicable Law).
Information obtained from you or from your Mobile Device directly:
Information collected whenever you use the App or visit our Website:
Personal information：
When you download our app and want to apply for a loan, we need you to fill in your personal information. In order to evaluate your credit as data and provide you with an exclusive loan amount, the information we need to obtain includes: your name, bank card information, BVN number, your emergency contact number, your work situation, your address, etc. Your data will be encrypted and uploaded to our exclusive server: https://apix.imoney.one,In the case of your disagreement, we will not disclose this data to any third-party company
Contact:
We will obtain your current mobile phone number used to register for this application, which will be the only mobile phone number for receiving OTP verification codes when you register/log in. At the same time, when you fill in personal information, we need you to provide several contact information of your friends or family to verify your credit and help you complete the loan application process. With your consent, this will serve as key information for your credit score and reduce Financial Exposure. We will not process the information, and the information data will be encrypted and uploaded to a dedicated server. https://apix.imoney.one
Location：
After you use the app and allow us to locate, we may obtain your real-time location information, including latitude and longitude, regional location, etc. The purpose of obtaining your location information is to ensure the security of funds and to identify the authenticity of your location when you register an account. For security reasons, we will encrypt your data and upload it to our exclusive server: https://apix.imoney.one,In the case of your disagreement, we will not disclose this data to any third-party companCamera:
During your loan process, we may apply for access to your camera or album permissions to upload your photos for identity verification, which will affect your credit score and whether you operate personally, improve your fund security, and improve your application approval rate. We will encrypt your data and upload it to our exclusive server: https://apix.imoney.one,In the case of your disagreement, we will not disclose this data to any third-party company
Calendar:
We collect and use your calendar data.
Purpose: To remind users before they are due and to avoid a drop in their credit score due to overdue payments.
Your file information will be encrypted for transmission and storage, and will not be shared with any third party Organizations sharing your personal data.
We will encrypt your data and upload it to our exclusive server: https://apix.imoney.one,In the case of your disagreement, we will not disclose this data to any third-party company
App list:
During the loan process, in order to ensure the safety of your funds, we will apply to obtain information about the applications you have installed, including installation time, update time, version name and version code, etc., to check whether there are unauthorized apps installed on your phone, as well as data of viral malicious software, we will encrypt and upload it to our exclusive server: https://apix.imoney.one, in the case where you do not agree, we will not disclose this data to any third-party company
SMS Information:
We will collect your SMS permissions with your consent. The information collected includes the sender's content and the date it was sent. We also collect and process your mobile phone data, such as SMS logs. Your data will not be shared with any third party without your permission. We only screen out certain financial information that we can use to detect possible fraud or illegal use of our services, which helps us identify the various accounts you hold and your cash flow patterns as a user, helping us to conduct a credit risk assessment, determine your risk profile and provide you with appropriate credit analysis. This allow you to obtain financial services from regulated financial entities and other service providers on the Platform. You may refuse or consent to the license, if you refuse to provide SMS permission, it will cause a lack of your SMS information and we will be unable to properly assess your risk and credit.we will encrypt and upload it to our exclusive server: https://apix.imoney.one, in the case where you do not agree, we will not disclose this data to any third-party company
Device：
We will obtain your device information. Collect and monitor specific information about your device including your device name, model, region and language settings, device identification code, device hardware and software information, status, usage habits, unique device identifiers like IMEI and serial number to uniquely identify the device and ensure that unauthorized devices are not to act on your behalf to prevent frauds.This will help us to identify your user portrait and preferences and to recommend the suitable products.We will not process the information and the information data will be encrypted and uploaded to a dedicated server: https://apix.imoney.one
We may use Personal Information collected for any of the following purposes as well as for such other purposes as are permitted by Applicable Law:
a. We may use your Personal Information:
● to identify you and to register you as a user and to administer, manage or verify your Account and your credit conditions as such;
● to facilitate or enable any checks as we may in our discretion consider necessary before we register you as a user;
● to disburse Loan and collect payments for your use of the Service;
● to build credit models and perform credit scoring;
● to comply with Applicable Law, regulations, and rules, such as those relating to “know-your-customer” and anti-money laundering requirements;
● to communicate with you and to send you information in connection with the use of the App;
● to notify you of any updates to the App or changes to the Service (including interest rate, Transaction Fees, etc.) available;
● to process and respond to enquiries and feedback received from you;
● to maintain, develop, test, enhance and personalise the App to meet your needs and preferences as a user;
● to contact you by telephone using auto-dialled or pre-recorded message calls or text (SMS) messages (if applicable) as authorized for the purposes described in this Privacy Policy and the Terms of Use;
● to monitor and analyse user activities and demographic data including trends and usage of the Service available on the App; and
● to send you direct marketing communications and information on special offers or promotions.
b. We may also use your Personal Information more generally for the following purposes (although we will in each such case always act reasonably and use no more Personal Information than what is required for the particular purpose):
● to undertake associated business processes and functions;
● to monitor usage of the App and administer, support and improve the performance efficiency, user experience and the functions of the App;
● to provide assistance in relation to and to resolve any technical difficulties or operational problems with the App;
● to generate statistical information and anonymous analytics data for the purpose of testing, research, analysis and product development;
● to prevent, detect and investigate any prohibited, illegal, unauthorised or fraudulent activities;
● to facilitate business asset transactions (which may extend to any mergers, acquisitions or asset sales) involving us and/or any of our Affiliates; and
● to enable us to comply with our obligations under any Applicable Law (including but not limited to responding to regulatory enquiries, investigations or directives) and conducting audit checks, due diligence and investigations.
a. We may disclose to or share with Affiliates and other parties your Personal Information for any of the following purposes as well as for such other purposes as are permitted by Applicable Law (although we will in each such case always act reasonably and disclose or share no more Personal Information than what is required for the particular purpose):
● where required or authorised by Applicable Law (including but not limited to responding to regulatory enquiries, investigations or directives, or complying with statutory or regulatory filing and reporting requirements), for the purpose so specified in that Applicable Law;
● where there is any form of legal proceeding between you and us, or between you and another party, in connection with, or relating to the Service, for the purposes of that legal proceeding;
● in connection with, or during negotiations of, any merger, sale of company assets, consolidation or restructuring, financing or acquisition of all or a portion of our business by or into another company, for the purposes of such a transaction (even if the transaction is eventually not proceeded with);
● where we share your Personal Information with third parties (including Credit Reference Bureaus, Banks, Mobile Network Providers, collection agencies ， our agents, vendors, suppliers, contractors, partners and any others who provide services to us, perform functions on our behalf, or whom we collaborate with), for or in connection with the purposes for which such third parties are engaged or the purposes of our collaboration with such third parties (as the case may be), which may include allowing such third parties to introduce or offer products or services to you, or other conducting activities including marketing, research, analysis and product development;
● where we share Personal Information with Affiliates, we will only do so for the purpose of them helping us to provide the App or to operate our business (including, where you have subscribed to our mailing list, for direct marketing purposes), or for the purpose of them conducting data processing on our behalf. For example, our Affiliate in another country may process and/or store your Personal Information on behalf of our group company in your country. All of our Affiliates are committed to processing the Personal Information that they receive from us in line with this Privacy Policy and Applicable Law;
● where we publish statistics relating to the use of the App and the Service, in which case all information will be aggregated and made anonymous; and
● when we believe in good faith that disclosure of your Personal Information is necessary to comply with Applicable Law, prevent physical harm or financial loss, report suspected illegal activity, or to investigate violations of our Terms of Use;
b. Where it is not necessary for the Personal Information disclosed or shared with other parties to be associated with you, we will use reasonable endeavours to remove the means by which the Personal Information can be associated with you as an individual before disclosing or sharing such information.
c. Other than as provided for in this Privacy Policy, we may disclose or share your Personal Information if we notify you of this in advance and we have obtained your consent for the disclosure or sharing.
Your Personal Information may be transferred to, stored, used and processed in a jurisdiction other than your home nation or otherwise in the country, state and city in which you are present while using any Service provided by us ( “Alternate Country” ), to companies under Our group which are located outside of your home nation or Alternate Country and/or where Our group’s servers and/or service providers and partners are located outside of your home nation or Alternate Country.
In such a case, W e shall ensure that such Personal Information remains subject to a level of protection comparable to what is required under the Nigerian Laws (and, in any event, in line with our commitments in this Privacy Policy).
You understand and hereby consent to the transfer of your Personal Information out of your home nation or Alternate Country as described herein.
Your Personal Information will only be held for as long as it is necessary to fulfil the purpose for which it was collected, or for as long as such retention is required or authorised by Applicable Law. We shall cease to retain Personal Information, or remove the means by which the Personal Information can be associated with you as an individual, as soon as it is reasonable to assume that the purpose for which that Personal Information was collected is no longer being served by retention of Personal Information and retention is no longer necessary for legal or business purposes.
a. You may request us for access to and/or the correction of your Personal Information in our possession and control, by contacting us at the details provided below. Subject to Applicable Law, we reserve the right to charge an administrative fee for such requests.
b. We reserve the right to refuse your requests for access to, or to correct, some or all of your Personal Information in our possession or control, if permitted or required under any Applicable Law. This may include circumstances where the Personal Information may contain references to other individuals or where the request for access or request to correct is for reasons which we reasonably consider to be trivial, frivolous or vexatious.
a. The Personal Information that we collect from you may be stored at, transferred to, or processed by third party service providers. We will use all reasonable endeavours to ensure that all such third party service providers provide a level of protection that is comparable to our commitments under this Privacy Policy.
b. Your Personal Information may also be stored or processed outside of your country by personnel who work for us in other countries, or by our third party service providers, suppliers, contractors or Affiliates, to the extent permitted under Applicable law. In such a case, we will ensure that such Personal Information remains subject to a level of protection comparable to what is required under the laws of your country (and, in any event, in line with our commitments in this Privacy Policy).
Confidentiality of your Personal Information is of utmost importance to us. We will use all reasonable efforts to protect and secure your Personal Information against access, collection, use or disclosure by unauthorised persons and against unlawful processing, accidental loss, destruction and damage or similar risks. Unfortunately, the transmission of information via the Internet is not completely secure. Although we will do our best to protect your Personal Information, you acknowledge that we cannot guarantee the integrity and accuracy of any Personal Information which you transmit over the Internet, nor guarantee that such Personal Information would not be intercepted, accessed, disclosed, altered or destroyed by unauthorised third parties, due to factors beyond our control. You are responsible for keeping your Account details confidential and you must not share your password with anyone and you must always maintain the security of the Mobile Device that you use.
We may review and amend this Privacy Policy at our sole discretion from time to time, to ensure that it is consistent with our future developments, and/or changes in legal or regulatory requirements. If we decide to amend this Privacy Policy, we will notify you of any such amendments by means of a general notice published on the App and/or Website, or otherwise to your e-mail address set out in your Account. You agree that it is your responsibility to review this Privacy Policy regularly for the latest information on our data processing and data protection practices, and that your continued use of the App or Website, communications with us, or access to and use of the Service following any amendments to this Privacy Policy will constitute your acceptance to the amendments.
If there is any inconsistency between the English version of this Privacy Policy and other language versions, the English version shall prevail.
a. By accepting the Privacy Policy, you acknowledge that you have read and understood this Privacy Policy and you accept all of its terms. In particular, you agree and consent to us collecting, using, disclosing, storing, transferring, or otherwise processing your Personal Information in accordance with this Privacy Policy.
b. In circumstances where you provide us with Personal Information relating to other individuals (such as Personal Information relating to your spouse, family members, friends or emergency contact), you represent and warrant that you have obtained such individual’s consent for, and hereby consent on behalf of such individual to, the collection, use, disclosure and processing of his/her Personal Information by us.
c. You also consent and expressly authorise use to contact you and your emergency contact who has expressly agreed upon it, to verify your information or when we are unable to contact you via other methods or when we have not received your payment in connection with Loan.
d. You may withdraw your consent to any or all collection, use or disclosure of your Personal Information at any time by giving us reasonable notice in writing using the contact details stated below. You may also withdraw your consent for us to send you certain communications and information via any “opt-out” or “unsubscribe” facility contained in our messages to you. Depending on the circumstances and the nature of the consent which you are withdrawing, you must understand and acknowledge that after such withdrawal of consent, you may no longer be able to use the App or certain of the Service. A withdrawal of consent by you may result in the termination of your Account or of your contractual relationship with us, with all accrued rights and obligations remaining fully reserved. Upon receipt of your notice to withdraw consent for any collection, use or disclosure of your Personal Information, we will inform you of the likely consequences of such withdrawal so that you can decide if indeed you wish to withdraw consent.
a. The App and Website may contain links to websites that are operated by third parties. We do not control nor accept liability or responsibility for these websites and for the collection, use, maintenance, sharing, or disclosure of data and information by such third parties. Please consult the terms and conditions and privacy policies of those third party websites to find out how they collect and use your Personal Information.
b. Advertisements contained on our App or Website operate as links to the advertiser’s website and as such any information they collect by virtue of your clicking on that link will be collected and used by the relevant advertiser in accordance with the privacy policy of that advertiser.
We shall not be liable for any indirect, incidental, consequential, special, exemplary or punitive damages arising out of:
a. Your use of or reliance on the App or your inability to access or use the App; or
b. Any transaction or relationship between you and any other third party, even if we have been advised of the possibility of such damages.
We shall not be liable for delay or failure in performance resulting from causes beyond our reasonable control.
If you have any questions regarding this Privacy Policy or you would like to obtain access and/or make corrections to your Personal Information, please contact our Data Protection Officer at Iuangyumoney@gmail.com