Last updated on 11th April 2023
PowerSwop exists to help improve peoples’ quality of life and facilitate the exchange of properties internationally, therefore offering a world where anyone can belong anywhere. Building a relationship of trust starts with making sure you understand the information we collect, why we collect it and how it is used.
This Privacy Policy describes how PowerSwop and its affiliates (hereinafter “we”, “us”, “PowerSwop”) collect, use, process and disclose your information, including personal information about you (hereinafter the “User”, “users” or “you”).
It is important that you read this privacy policy together with any other policy we may provide on specific occasions when we are collecting or processing personal data about you so that you are fully aware of how and why we are using your data.
By accessing and using PowerSwop, you accept our Privacy Policy as outlined below and in the Terms and Conditions, and you agree to the collection, use and disclosure of your personal information in accordance with this Privacy Policy.
Data Controller of your personal data within the meaning of the General Data Protection Regulation (EU) 2016/679 (“GDPR”) is “PowerSwop”, ( Zinonos kitieos 9, Engomi 2406, Nicosia Cyprus)
We will collect and process personal information upon your registration and by registering with us you voluntarily provide us with such information, which include the following:
We also collect information automatically when you use our Services, including, but not limited, to the following:
For the most part we will process your personal data in order to:
We process your information to enable us to provide you with our services and conclude and perform the agreement with you. If you do not provide us with your personal data or such data is inaccurate and/or insufficient, we will be unable to provide you with our services. We may also use your information where we have legitimate interests to do so, for administrative, fraud detection and other legal purposes.
Since our role in this is to help introduce users between them with a purpose of allowing them to explore the possibility of exchanging properties, the main sharing of users’ information is, of course, with other users.
We may also disclose your personal information to other members of the PowerSwop team such as employees or to third parties, who are bound by confidentiality agreements. We use third parties to help us operate and improve our services, whilst following a very strict process prior to engaging any partner or service provider, ensuring all service providers and partners agree to be bound by strict confidentiality obligations.
We try to limit the amount of your personal information disclosed to the bare minimum of what is directly relevant to the reason for which such information is collected in the first place. We do not disclose your personal information to any other third party apart from the above without your prior consent.
We will retain your personal information for as long as is necessary to provide our services, and as necessary to comply with our legal obligations, resolve disputes, and enforce our policies. Retention periods will be determined taking into account the type of information that is collected and the purpose for which it is collected. Your data will only be retained for as long as is necessary for the purposes for which it is processed and thereafter shall be deleted in a secure manner.
We implement industry standard measures to reduce risks caused by the potential loss of information, unauthorized access or use of information. However, no measure can provide absolute information security and we cannot provide protections beyond what is within our reasonable control.
Insofar as the following rights are not absolute and may be subject to our own legitimate interests, you have the right to:
Kindly note that you have the right to lodge a complaint to the Personal Data Commissioner’s Office if you have concerns on how we process your personal data.
When considered appropriate, we may make changes to the information contained in this Privacy Policy. If any material changes are to take effect we will notify you beforehand so you have the chance to review the changes. In any case, we suggest that you regularly review this Privacy Policy. If you disagree with the Privacy Policy you may close your account at any time. By continuing to access or use our services after any revisions become effective, you agree to be bound by the updated Privacy Policy.
If you have any questions in relation to this Privacy Policy or about the processing of your Personal Data, please contact us at info@fastaq.com