Paycos is a brand owned and operated by Raggett Limited, a company incorporated under the laws of Cyprus under the number HE388466 with the office address at 84, Spyrou Kyprianou, 4004, Limassol, Cyprus. Raggett Limited and its group companies and affiliates (hereinafter – “Paycos” or “We”) respect and value the privacy of each of its clients. Paycos is committed to protecting Your privacy and keeping your data safe.
WHAT PERSONAL DATA IS COLLECTED
Paycos may collect and process personal data about You, including information and documentation that You as a Visitor, Merchant or Client provide by filling in the Application form or the Contact Us form available at https://paycos.com (hereinafter – the “Website”) and information and documentation that You as a merchant provide us in order to conclude the Agreement. Such information may include but is not limited to the following:
Paycos reserves the right to use additional procedures and means to verify Your identity (Know Your Client) when providing services to You. This may include requests for provision of additional documents and/or information.
HOW WE USE PERSONAL DATA
Paycos use Your personal data in order to provide our services/products to You, in the capacity of a Merchant, and to respectively conclude contracts and carry out our contractual obligations. In this regard, we rely on a contract entered into by You and Paycos as the valid ground for the processing of Your personal data.
Paycos use Your personal data to enable You, in the capacity of a Client, to make use of Our services/products which we provide to the Merchant, e.g. make payments on the Merchant’s website. In this regard, We rely on the legitimate interests pursued by us.
We are also required by law to constantly carry out various activities for the prevention of fraud, money laundering and terrorism financing, as well as for compliance with other legal obligations. In this regard, we rely on the necessity to comply with legal obligations as the valid ground for the processing of Your personal data.
In addition, We process personal data in order to carry out various marketing activities and in this regard, we rely on Your consent as the valid ground for the processing of Your personal data.
Examples of how we may use Your personal data include:
HOW LONG “PAYCOS” WILL KEEP YOUR PERSONAL DATA
Paycos will store Your personal data for the period necessary to fulfil the purposes listed above, unless a longer retention period is required or permitted by law.
Please be aware that we may be required to retain Your personal data for various legal or regulatory reasons, for example, to ensure that transactions are appropriately processed, settled, refunded or charged-back, as well as to investigate any potential fraud and to comply with anti-money laundering and counter-terrorism financing laws and other legal requirements.
While You are acting in the capacity of a Merchant or a Client, We will be required to retain your information in order to meet our legal and contractual obligations. However, when you cease using Paycos Services, We will still retain your personal information for a certain period of time. The grounds for that include, but are not limited to the following:
USE OF SERVICES BY MINORS
The services/products we provide are not directed to persons under the age of sixteen and we kindly ask such persons to not disclose their personal data to us.
HOW WE DISCLOSE PERSONAL DATA
In certain circumstances we may disclose the personal data we have gathered about You to the following categories of recipients:
You have certain rights in respect to the way we treat Your personal data:
Paycos can place cookies on Your device by default if they are strictly necessary for the operation of the Paycos Website. For all other types of Cookies, Your consent is needed.
Unless You choose otherwise, Paycos can store and process only those Cookies that are necessary for the operation of our Website. If You don’t want to be tracked by other types of Cookies, You can refuse to give your consent.
All information provided by You to us is stored on secure servers and we use appropriate organizational, technical and administrative measures to protect Your personal data. Once Your information is received, we use strict procedures and security features to prevent any unauthorized access.
DATA PROTECTION OFFICER