Privacy Policy
1. Introduction
Welcome to Cheap FedNow [Cheap FedNow is a website owned by Today Payments, Inc.]. We are committed to protecting your personal information and ensuring transparency in how we handle your data. This Privacy Policy explains our practices regarding the collection, use, sharing, and protection of your information when you use our FedNow payment processing services and website.
2. Information We Collect
Personal Information: When you use our services, we may collect the following personal information:
- Name
- Email address
- Phone number
- Financial information (bank account details, transaction history, etc.)
- Identification documents (such as government-issued ID)
Non-Personal Information: We automatically collect certain information when you use our website, including:
- Browser type and version
- Device type and operating system
- IP address
- Pages visited and time spent on the site
- Referral source (how you arrived at our site)
Sensitive Information: We may collect sensitive personal information, such as financial data, to provide our payment processing services.
3. How We Collect Information
Direct Collection: We collect information that you provide directly to us, such as when you create an account, initiate a transaction, or contact customer support.
Indirect Collection: We use cookies and other tracking technologies to collect information automatically as you navigate our site. This includes analytics data to help us understand how our site and services are used.
Third-Party Sources: We may receive information about you from third parties, such as financial institutions, partners, and verification services.
4. How We Use Your Information
Service Delivery: To process transactions, provide payment confirmations, and deliver our payment processing services.
Communication: To send you updates about your transactions, account status, and other relevant information.
Personalization: To tailor your experience on our site and enhance our services based on your preferences.
Legal Compliance: To comply with legal obligations and protect our rights, including fraud prevention and risk management.
5. How We Share Your Information
Service Providers: We share your information with third-party service providers who assist us in operating our website, processing transactions, and delivering our services.
Financial Institutions: We share information with banks and financial institutions involved in the transaction process.
Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred as part of the transaction.
Legal Requirements: We may disclose your information if required by law or to protect our rights.
User Consent: We will share your information with your explicit consent when necessary.
6. Cookies and Tracking Technologies
Types of Cookies: We use session cookies (which expire when you close your browser) and persistent cookies (which remain on your device until you delete them).
Purpose of Cookies: Cookies help us enhance your experience, analyze site usage, and serve personalized content.
User Choices: You can manage your cookie preferences through your browser settings. However, disabling cookies may affect your ability to use certain features of our site.
7. Data Security
Protection Measures: We use encryption, firewalls, and access controls to protect your data.
Breach Procedures: In the event of a data breach, we will notify affected users and take steps to mitigate the impact.
User Responsibilities: We encourage you to protect your account by using a strong password and keeping it confidential.
8. Data Retention
Retention Period: We retain your information for as long as necessary to fulfill the purposes outlined in this policy, unless a longer retention period is required or permitted by law.
Deletion Requests: You can request the deletion of your account and personal information by contacting us at [contact email].
9. User Rights
Access and Correction: You have the right to access and update your personal information.
Data Portability: You can request a copy of your data in a common format.
Deletion: You can request the deletion of your personal information.
Objection and Restriction: You can object to or restrict the processing of your data under certain circumstances.
10. Children's Privacy
Age Restrictions: Our services are not intended for children under the age of 13. We do not knowingly collect personal information from children under 13.
Parental Consent: If we become aware that a child under 13 has provided us with personal information, we will delete it immediately. Parents can contact us to request the removal of their child's information.
11. International Data Transfers
Transfer Mechanisms: We use standard contractual clauses and other legal mechanisms to protect your data during international transfers.
User Rights: You have the right to know where your data is being transferred and how it is protected.
12. Changes to This Policy
Notification of Changes: We may update this Privacy Policy from time to time. We will notify you of any significant changes by posting the new policy on our website and updating the effective date.
Effective Date: This Privacy Policy is effective as of below.
13. Contact Information
Contact Methods: If you have any questions or concerns about this Privacy Policy, please contact us at:
- Email: Legal@TodayPayments.com
- Phone: (619) 450-5800
- Address: 2305 Historic Decatur Road, Suite 100 San Diego, CA 92106
Data Protection Officer: For GDPR-related inquiries, you can contact our Data Protection Officer at [DPO email].
14. Legal Basis for Processing (for GDPR compliance)
Consent: We process your data based on your consent for specific purposes.
Contract: Processing is necessary to fulfill our contract with you, such as processing your transactions.
Legal Obligation: We process your data to comply with legal obligations.
Legitimate Interests: We process your data based on our legitimate interests, such as improving our services and preventing fraud.
This privacy policy is tailored to the specific requirements and operations of a payment processing service using FedNow, ensuring transparency and compliance with relevant privacy laws.