PAYRATY PRIVACY POLICY

 In this Privacy Policy (“Policy”), references to “Payraty”, “We”, “Us” or “Our” means Payraty Nig Ltd, whose business address is Mulliner Towers, 39, Alfred Rewane Road, Ikoyi, Lagos.

This Privacy Policy shall govern our use of any personal information collected by us concerning your use of www.payraty.com (“Our Site”). The use of information collected through Our Site shall be limited to the purposes under this Policy.

We respect and value the privacy of everyone who visits Our Site and will only collect and use information in ways that are useful to you and in a manner consistent with your rights and our obligations under the law.

Please read this Privacy Policy carefully and ensure that you understand it. If you have any questions regarding this Privacy Policy, the practices of this website, or your dealings with this website, you may contact us at info@payraty.com.

1. Introduction

We at Payraty want you to understand what information we collect, and how we use and share it. That is why we encourage you to read our Privacy Policy. This helps you use the Payraty platform in the way that is right for you.

This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our platform, use our ERP and payroll solutions, or engage with our services.

We are committed to handling your data responsibly and following applicable data protection laws, including the Nigerian Data Protection Regulation (NDPR).

2. Definition and Interpretation

In this Policy, the following terms shall have the following meanings:

• Account
  means an account required to access and/or use certain functions and features of Our Services;
• Cookie
  means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 11, below.
• Our Site
  means this website, Payraty.com
• Personal Information
  means any information relating to an identified or identifiable natural person
• Process
  means any operation or set of operations which is performed on personal information or sets of personal information, whether or not by automated means, such as collection, recording, organisation, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure or destruction.
• Services
  means the services provided by Payraty offer a suite of integrated digital solutions that include:
  – Payroll Solution
  – Human Resource Information System (HRIS)
  – Inventory Management Solution
  – Performance Management
  – Financial Reporting and Expense Management
  – Compensation Management
  – Learning Management System
  – Restaurant Management System
• We/Us/Our
  means Payraty, whose business address is Mulliner Towers, 39, Alfred Rewane Road, Ikoyi, Lagos.

3. How we collect personal data

We collect information in different ways, depending on how you interact with us. In most cases, we collect Personal Data directly from you. We will ask you for Personal Data when you fill out a form on our website, subscribe to our newsletter, contact us for support, or sign up for one of our solutions. We only collect this information when you voluntarily give it to us in accordance with activities, services, features, or resources we make available on our sites.

Also, we automatically collect certain information when you use our website or applications. This includes data like your IP address, the browser you are using, the type of device, and your location (if enabled). We also collect information about your activity on the site, such as the pages you visit and how long you spend on each page. This helps us understand how people are using our services so we can improve them.

We may collect the following types of information, depending on which one of our solutions you signed up for:

A. Personal Information

• Full name
• Email address
• Phone number
• Job title
• Business address

B. Business Information

• Company name
  Staff records (only as needed for payroll processing)
• Payroll data and compensation structure
• Tax and compliance information
• Inventory record
• Product information
• Customer records
• Accounts receivable
• Accounts payable
• Account reconciliation

C. Technical Information

• IP address
• Browser type and device used
• Usage data (such as page visits, time spent on the platform)

Note: We will collect personal identification information from users only if they voluntarily submit such information to us. Users can always refuse to supply personal identification information, except that it may prevent them from engaging in certain usage-related activities.

4. How We May Use Collected Information

We use your information to:

• Deliver payroll and ERP solutions tailored to your business
• Process payments and manage subscriptions
• Facilitate customer service and support
• Send relevant updates, alerts, and administrative messages
• Improve platform functionality, user experience, and security
• Comply with legal, regulatory, or contractual obligations

5. How long we keep your personal data

Payraty retains the personal information collected where an ongoing legitimate business requires retention of such personal information, such as for litigation/defense purposes, as necessary to comply with our legal obligations, maintain accurate financial and other records, resolve disputes, and enforce our agreements. In the absence of a need to retain your personal information as specified herein, we will either delete or aggregate your personal information or, if this is not possible, then we will securely store your personal information and isolate it from any further Processing until deletion is possible.

6. Data Security

We take data security seriously. The measures we use are designed to provide a level of security appropriate to the risk of processing your personal information. We use industry-standard tools and best practices to protect your information, including:

• Data encryption
• Secure login and access control
• Regular system updates and vulnerability checks

However, while we do our best, we advise you to also safeguard your login details and avoid sharing them. If you notice any suspicious activity, please contact us immediately.

7. Disclosure of Information to Third Parties/ and Partners

We shall not sell any of your personal information to anyone, and we never will. Payraty commits to not providing your Personal Data to Third Parties for their marketing purposes. We limit our sharing of your Personal Data to:

• Our subsidiaries and affiliates, which will only use your Personal Data for the purposes listed above.
• Our service providers, who are bound by law or contract to protect your Personal Data and only use your Personal Data in accordance with our instructions.
• Enforce our rights, protect our property, or protect the rights, property, or safety of others, or as needed to support external auditing, compliance, and corporate governance functions. We will also disclose Personal Data when required to do so by law, such as in response to a subpoena, including to law enforcement agencies and courts in Nigeria and other countries where we operate.

Please note that we may also use and disclose information about you that is not personally identifiable. For example, we may publish reports that contain aggregated, anonymized, and statistical data about our clients. These reports do not contain information that would enable the recipient to contact, locate, or identify you. These reports also do not contain identifiable company information

8. International Transfer of Personal Information

If your data is transferred outside Nigeria, we ensure appropriate safeguards are in place following the NDPR guidelines. We will ask you for your prior consent to such international data transfers.

9. Summary of Your Rights Under GDPR

You have the following rights –

• Right to be informed: You are entitled to know whether we hold your personal information and the purpose your personal information is processed.
• Right of access: You are entitled to obtain a copy of your personal information, together with an explanation of the categories of personal information being processed, the purposes of such Processing, and the details of third parties to whom the personal information may have been disclosed.
• Right to rectification: You are entitled to correct / update your personal information available with us.
• Right to erasure: You are entitled to get your personal information erased from our customer relationship management (CRM) database. Please note that we need to retain certain personal information about you for legal and internal business reasons, such as fraud prevention. We will retain your personal information for as long as necessary to provide you with the websites and apps you are eligible to use and needed to comply with our legal obligations and enforce our agreements.
• Right to data portability: You are entitled to obtain and reuse your personal information. You can either obtain the personal information from Us or, in turn, provide it to a third party (if you wish), or ask Us to transfer your personal information directly to a third party.
• Right to object/restrict Processing or both: You have a right to object / restrict the Processing of your personal information in some circumstances, including where the personal information is inaccurate (for the period during which we are verifying the personal information), the personal information is no longer required in light of the purpose of Processing, or in connection with direct marketing (you can prevent / discontinue marketing communications to you by checking certain boxes on the forms we use to collect your personal information), or by utilizing opt-out mechanisms in the emails we send you. You shall also have the right not to be subject to a decision based solely on automated Processing, including profiling, which produces legal effects concerning and similarly significantly affecting you.

In the above cases, we will retain minimum personal information to note that you opted out of being contacted again. For the exercise of any of the above-mentioned rights, please write to us at info@payraty.com.

10. Changes To This Policy

We may change this Privacy Policy as we may deem it necessary from time to time, or as may be required by law. Your continued use of our Services after any changes or revisions to this Privacy Policy indicates your agreement to the terms of the revised Privacy Policy. We recommend that you check this page regularly to keep up to date.

11. Your Acceptance of These Terms
Acceptance of Terms Through the use of this website, you are hereby accepting the terms and conditions stipulated within the aforementioned Privacy Policy Agreement. If you are not in agreement with our terms and conditions, then you should refrain from further use of our sites. In addition, your continued use of our website following the posting of any updates or changes to our terms and conditions shall mean that you are in agreement and acceptance of such changes.

12. Contact Us
If you have any questions about our Site or this Privacy Policy, please contact us by email at info@payraty.com, by post at Mulliner Towers, 39, Alfred Rewane Road, Ikoyi, Lagos.

Please ensure that your query is clear, particularly if it is a request for information about the data we hold about you.