Merchant Privacy Policy

Interpretation

The words whose initial letters are capitalised have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of this Privacy Policy:

Account

means the merchant account registered for a business to access Our Service or parts of Our Service.

Affiliate

means an entity that controls, is controlled by, or is under common control with a party, where “control” means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.

API Keys

means the public key and secret key issued to a Merchant on the Developer API page to connect its website, app or systems to the Service.

Application

refers to CentPay Merchant, the mobile application for iOS and Android provided by the Company.

Authorised User

means any owner, director, employee, agent or other person a Merchant allows to access or use its Account.

Business Verification

(also known as “KYB” or “Know Your Business”, together with “KYC” or “Know Your Customer”) means the process by which We verify a Merchant, its owners and its Authorised Users, as required by anti-money laundering, counter-terrorist financing and sanctions laws.

Company

(referred to as either “the Company”, “We”, “Us” or “Our” in this Privacy Policy) refers to “CENTPAY”. For the purposes of applicable data protection laws, the Company is the controller of the Personal Data described in this Privacy Policy, except where stated otherwise.

Customer

means any person who pays a Merchant, or tries to pay a Merchant, through the Service.

Device

means any device that can access the Service, such as a mobile phone, a digital tablet or a computer.

Merchant

means the business that registers an Account and uses the Service to accept payments and manage its funds.

MT5 Account

means a MetaTrader 5 trading account linked to a Merchant’s Account.

Personal Data

(or “Personal Information”) is any information that relates to an identified or identifiable individual. We use “Personal Data” and “Personal Information” interchangeably unless a law uses a specific term. Information about a business itself is not Personal Data, but information about the people behind it, such as its owners and staff, is.

Service

refers to the Application, the merchant web dashboard at https://member.centpay.io/merchant, Our website at https://centpay.io, the Developer API, and all related features, content and communications.

Service Provider

means any natural or legal person who processes data on behalf of the Company. It refers to third-party companies or individuals engaged by the Company to facilitate the Service, to provide the Service on behalf of the Company, or to perform services related to the Service.

Third-Party Provider

means an independent company, not owned or controlled by the Company, that provides a service connected with the Service, such as an MT5 broker or platform provider.

Usage Data

refers to data collected automatically, either generated by the use of the Service or from the Service infrastructure itself.

You

means the individual accessing or using the Service, such as a Merchant’s owner or Authorised User, or the Merchant on behalf of which such individual is accessing or using the Service, as applicable.