Last Updated: 13/10/2023

1. Introduction

Welcome to True Cents. We respect your privacy and want to protect your personal data. This privacy policy will inform you about how we look after your personal data when you use our application and tell you about your privacy rights and how the law protects you.

2. Important Information and Who We Are

Purpose of this Privacy Policy

This privacy policy aims to give you information on how we collect and process your personal data through your use of this application, including any data you may provide when you sign up for an account or purchase a product or service.

3. The Data We Collect About You

We may collect, use, store different kinds of personal data about you, which we have grouped as follows:

• Identity Data: This includes your phone number which is used for logging into our application.
• Contact Data: This refers to the contacts that you share with us.

Note: Modify or add other data types if needed.

4. How We Use Your Data

We will use your personal data in the following ways:

• To facilitate account creation and login: Using your phone number.
• To enable app functionalities: Utilizing your contacts to enable specific functionalities within the app such as splitting transactions.

5. Data Security

We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used, or accessed in an unauthorized way, altered, or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors, and other third parties who have a business need to know.

6. Data Retention

We will only retain your personal data for as long as necessary to fulfill the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.

7. Your Legal Rights