Faremit LLC and its subsidiaries and affiliated companies may collect, use, and share your Personal Information in various ways as outlined below:
1. Sign Up :
When you sign up for a Faremit account, we collect the following information: Your name Email address Phone number Date of birth Financial information, including your bank account number and routing number.
2. Deposit Funds :
When you deposit funds into your Faremit account, we collect your bank account information.
3. Send Remittance :
When you send remittance through Faremit, we collect the following recipient information: Recipient's name Address Phone number Amount of money sent.
We may use your Personal Information for the following purposes: To provide you with our services. To process your transactions. To prevent fraud and other illegal activities. To improve our products and services. To send you marketing communications.
We may share your Personal Information with the following third parties: Our service providers who assist us in delivering our services. Financial institutions that help facilitate your transactions. Government agencies as required by law. We do not sell your Personal Information to third parties for their marketing purposes without your consent.
You have certain rights regarding your Personal Information, including: Access to your data. The ability to correct, delete, or restrict its processing. The right to object to processing and withdraw your consent. To exercise these rights, please contact us at legal@faremit.com.
We will retain your Personal Information for as long as necessary to provide our services and for legitimate business purposes.
We take the security of your Personal Information seriously. We have implemented appropriate technical and organizational measures to protect it from unauthorized access, use, disclosure, alteration, or destruction.
If you have any questions about our privacy policy, please contact us at legal@faremit.com.
Last updated: 1 / sep / 2023