Payoneer privacy policy


HOW LONG DO WE KEEP YOUR PERSONAL INFORMATION?



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PrivacyPolicy(1)

HOW LONG DO WE KEEP YOUR PERSONAL INFORMATION? 
Payoneer retains your personal information for the duration of time necessary to achieve the 
processing purpose and as required by applicable laws or regulations and/or in accordance 
with P
ayoneer’s internal policies and procedures for purposes of prevention of fraudulent 
activity, risk management and security.


To the extent our products or services will be discontinued, we will notify you and delete your 
personal information or anonymize it within a reasonable period of time. 
AUTOMATED DECISION MAKING 
We use automated decision making as part of our process to evaluate eligibility for the use of 
the Payoneer services. We use these tools as a measure of fraud prevention and for the 
purposes of security and risk assessment relating to the performance of the Payoneer 
services, and to verify your identity when you become a customer: 

Automated tools incorporated in our process of approval of your registration 
application: based on the information you provide, the tool may advise if additional 
information is required for purpose of approval of your application. 

Automated tools incorporated in our process of approval of certain payment 
transaction of registered users: such tools may advise if additional information is 
required for purpose of performance of the payment transaction. 

Automated tools used to verify your identity to enable us to comply with “Know Your 
Customer” (KYC) rules applicable to us as a financial services provider: we carry 
out 
this process using selfies (
self-photographs
) and other forms of ID when you register 
to open an account with us.
Where a decision that has a major impact on your rights and interests is made by means of 
automated decision-making, you have the right to request for explanations and you have the 
right not to be subject to a decision which is based solely on automated processing.

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