Privacy Policy
At Bayad Tech ("BayadTech", "We", or "Us"), protecting your privacy is one of our top priorities. This Privacy Policy outlines how we collect, use, disclose, and safeguard your personal data when you interact with our Software as a Service (SaaS) platform. Bayad Tech was developed in December 2024 by "Rootscratch" (rootscratch.com) to help businesses thrive. Our platform offers services such as payment processing, online stores, and inventory management systems for products and vouchers.
Personal Data We Collect
For Registered Users:
We collect personal and business data to provide secure and accurate services. The personal data we may collect includes:
- Full Name
- Contact Details (Email Address, Phone Number)
- Identification Card Information (e.g., Full Name, Home Address, Gender, Nationality)
- Legal Business Name
- Nature of Business
- Average Transaction Size per Month
- Business Address and Socials or Website
- User Role for that Business
- Business Documents (e.g., DTI Permit, Mayor's Permit)
For Customers:
We collect limited data to facilitate transactions, which may include:
- First Name and Last Name
- Email Address
- Remarks (Optional)
- Payment Methods (Channel)
Additional Data Collection:
We collect technical data such as IP addresses, cookies, and session information when users visit "bayad.tech" or its subdomains. This helps us enhance security and analyze user behavior.
How We Use Personal Data
The personal data collected depends on how our services are used. We perform Know-Your-Customer (KYC) and Know-Your-Business (KYB) processes to ensure security and verify the legitimacy of our users. Data is collected during platform registration and API integration.
Note: We do not sell your personal data to third parties or share KYC and KYB information
How We Disclose Personal Data
Bayad Tech does not sell or rent personal data to marketers or unaffiliated third parties. We only share data with trusted entities for specific purposes, including:
Trusted Third Parties:
- Xendit Philippines: If you use Xendit's services (e.g., E-wallet, PayLater), we may share relevant data with Xendit to facilitate online payments.
Safety and Legal Purposes:
We may use and disclose personal data as necessary:
- To comply with applicable laws or payment method rules.
- To respond to requests from courts, law enforcement agencies, regulatory authorities, or other public entities, including outside your country of residence.
- If you violate payment rules and regulations.
Policy Updates
We reserve the right to update this Privacy Policy at any time to reflect changes in our practices or services. We encourage you to review this page regularly for updates.
Last Update: January 21, 2025