Privacy policy

This Wyrel Privacy Policy (hereinafter – “Policy”) regulates privacy practices (collection, use and disclosure) as to your personal information during your use of Wyrel, provided by Administration  an entity which operates Wyrel. 

This Policy should be read together with the Wyrel Terms of Use (“Terms”), the Copyright Policy and the Cookies Policy, and constitutes a legal agreement between Administration and the User, (hereinafter collectively referred to as the “Parties” and separately as the “Party”).

Please read carefully the Policy as well as the Terms, before using Wyrel. The Privacy Policy shall be an integral part of the Terms. If you wish to become our Client and User, you shall read this Policy in its entirety. If you disagree with this Policy, please do not use Wyrel. 

The Policy shall be deemed accepted by the User upon their clicking the respective button, “I have read and agree to the Policy”. 

The terms used in this Policy shall be understood in accordance with the Terms and the applicable law.

1. INFORMATION ADMINISTRATION COLLECTS

Administration collects information from and about the Users:

directly from the Users when they provide it to us, as provided in paragraphs 1.2. and 1.3. hereof;

automatically when the Users use Wyrel, as provided in paragraph 1.4. hereof. 

The Administration shall be entitled to collect, store and use the following data on the User (hereinafter – “Collected Information”):

by which the User may be personally identified, that is defined as personal or personally identifiable information (PII) under an applicable law / any other identifier by which the User may be contacted online or offline (hereinafter – “Personal Information”);

that concerns all the operations conducted through Wyrel or by using Wyrel, which does not allow to directly identify you.

This data includes: 

contact details, such as name (corporate name and identification number – for legal entities), address, telephone number, email address;

financial and transaction data, such as credit or debit card number, and bank account information; name of the recipient and provider if applicable; and

any other information, which is provided by the User in order for Wyrel to provide Services.

When the User accesses and uses Wyrel, we may automatically receive such information:

the data of the browser used, the type and version of the operating system;

the type of the device used and its screen (monitor) resolution;

the used IP address;

the time and date of visiting Wyrel; 

other data the use of which is necessary for the operation of Wyrel as a whole and its improvement (optimization).

2. USE AND STORAGE OF THE INFORMATION

Administration uses the Collected Information to:

provide the Services; 

detect and prevent fraud; 

mitigate financial loss or other harm to Users and Administration; and 

promote, analyze and improve Wyrel Services.

Administration may use the Collected Information, in particular, to:

verify an identity for compliance purposes, including but not limited to, KYC procedures;

monitor and prevent fraud and other harmful activity;

respond to inquiries, send Services notices and provide customer support;

Services provision;

for regulatory purposes and compliance with standards;

develop new products;

send marketing communications.

Administration shall store the Collected Information subject to the Internet Security framework and safeguards for a reasonable time depending on the nature of the Services or for the time prescribed by applicable law.

If the User terminate their Account, the Administration will remove their Personal Information. However, please note: 

there is a possibility of delays in removal of the information from our servers; and

the information may be saved if it is necessary to fulfil our regulatory, legal and financial obligations, dispute resolution, or for the fulfilment of our contracts.

2.5. Whenever the User gave the Administration their consent to collect, use, store or disclose their PI, they have the right to withdraw such consent at any time by emailing to us, as indicated in the Contact information.

2.6. As indicated in the Terms, the person shall not use Wyrel if they are under 18 years of age.

2.7. If the User’s personal information changes, they can update or correct it in the registered Account or by emailing to us.

2.8. If the Administration informed the User and the User agreed, the Administration may use the User’s PII to send notifications, newsletters, Services and other updates. Such mailings may contain the tracking technologies. The User may subscribe or unsubscribe of these mailings by email or through instructions enclosed in the notification. The User may also send a browser-based “do not track” (DNT) request. The User may enable or disable DNT on any browser. E.g., in Google Chrome, the User may proceed to the Settings page, Advanced Settings, scroll down the privacy section and click on (activate/deactivate) “Do not track”. Similar setting can be adjusted on other browsers (Firefox, Safari, Internet Explorer, etc.)

3. DISCLOSURE OF INFORMATION

Administration may disclose to third parties the aggregated information about the Users, and information that does not identify any individual within the scope of the provision of the Services, based on the nature of the Services, except for the cases described in this Policy.

Administration is entitled to transfer the Personal Information of the User, or the personal data base, including the Personal Information of the User, in whole or in part, to third parties, included but not limited to, third parties, including those located outside the State of Delaware, without notification of the User, in particular, to:

Administration’s subsidiaries and affiliates;

persons responsible for financial monitoring;

to other persons, if this is required by the Terms or under the applicable law.

By no means shall Administration disclose the Personal Information to other persons or in other ways than specified in this Policy, other than with a prior consent of the User.

4. LINKS TO OTHER WEBSITES

Wyrel may contain links to third-parties’ websites. The privacy policy on such third parties’ websites may differ from the Wyrel Policy. Administration encourages you to read carefully the privacy policy on such websites before using them or providing them with any information, including your Personal Information.

In any case, it is the User’s responsibility to familiarize itself with the privacy and practices of these third-parties’ websites.