Mcardit Privacy Policy
Our company, Mcardit, LLC, values the privacy of our customers and is committed to safeguarding the personal information we collect. This privacy policy explains how we collect, use, and share personal information when you use our services, including our website and payment processing services.
COLLECTION OF PERSONAL INFORMATION
We collect personal information that you provide to us directly or to our customers, such as when you create an account or make a payment or receive a payment. This may include your name, email address, phone number, and payment information. We may also collect personal information from third parties, such as credit bureaus and fraud detection services, to verify your identity and prevent fraudulent transactions.
USE OF PERSONAL INFORMATION
We use your personal information to provide and improve our payment processing services, including processing ACH and RTP payments, verifying your identity, and communicating with you about your transactions.
SHARING OF PERSONAL INFORMATION
We never sell your personal information to third parties. However, we may share your personal information with our Third Party Payment Processors and their sponsor banks, ODFI partners, or data processors as necessary to provide and improve our payment conduit services and the payment processing services that we facilitate. We may also share your personal information as required by law, such as in response to a subpoena or court order, or to protect the safety, rights, or property of our company or others.
PROTECTION OF PERSONAL INFORMATION
We implement measures to protect the security and confidentiality of your personal information, including encryption of sensitive information and secure servers. This includes encryption of sensitive information using industry-standard protocols such as TLS 1.2 for data in transit and SHA256 for data at rest. However, no method of transmission over the internet or method of electronic storage is completely secure, and we cannot guarantee absolute security of your personal information.
DATA RETENTION
We retain personal information for as long as necessary to fulfill the purposes outlined in this privacy policy, unless a longer retention period is required by law or permitted by consent. When personal information is no longer needed, we securely delete or destroy it.
YOUR PRIVACY RIGHTS
We comply with relevant laws and regulations, including the California Consumer Privacy Act (CCPA) and the Gramm Leach-Bliley Act (GLBA), which provide certain rights to individuals regarding their personal information. We also take best practices into account when handling personal information, including those set forth in the General Data Protection Regulation (GDPR).
These rights may include the right to request access to or deletion of your personal information, and the right to opt out of the sale of your personal information. You may exercise your privacy rights by contacting us at privacy@Mcardit.com.
We will respond to your request within a reasonable time frame and may require additional information to verify your identity.
THIRD-PARTY PROCESSORS
We use third-party processors to provide and improve our payment processing services. We carefully select, monitor, and hold these processors accountable for their use of personal information in accordance with this privacy policy.
INFORMATION FOR CHILDREN
We do not knowingly collect personal information from children under the age of 13. If we become aware that we have collected personal information from a child under the age of 13, we will take steps to delete the information as soon as possible.
OPT-IN CONSENT
We do not use personal information for marketing purposes. However, if we were to use personal information for marketing communications in the future, we would obtain explicit opt-in consent from individuals in accordance with relevant privacy laws.
CHANGES TO THIS PRIVACY POLICY
We may update this privacy policy from time to time to reflect changes in our practices or to comply with legal requirements. We will post any updates on this page: https://mcardit.com/privacy and encourage you to review this privacy policy regularly.
CONTACT US
If you have any questions or concerns about our privacy policy or the handling of your personal information, please contact us at privacy@Mcardit.com .
Mcardit, LLC
26391 Crown Valley Parkway, Suite 240
Mission Viejo, CA 92691
e. support@mcardit.com
v1.1 updated September 1, 2023