1. Privacy Policy
Effective Date: 25-07-2025
At TouchWallet, your privacy and security are our top priorities. This Privacy Policy outlines how we collect, use, protect, and store your personal data.
1.1 Information We Collect
- Biometric Data: Face scans, palm scans (used for authentication only; encrypted and securely stored)
- Personal Information: Name, phone number, email address
- Transaction Information: Payment history, time, location, amount
- Device Data: Device type, IP address, and usage analytics
1.2 How We Use Your Information
- To authenticate users and enable transactions
- To improve user experience and product performance
- For fraud prevention and risk assessment
- To communicate with users and provide support
1.3 Data Security
- Biometric and personal data are encrypted both at rest and in transit
- Access to sensitive data is restricted and monitored
- We comply with global standards for data security and protection
1.4 Your Rights
- Request access or deletion of your data
- Update or correct your personal information
- Withdraw consent at any time by contacting support
1.5 Contact Us
Email: privacy@touchwalletapp.com
We respond to data requests within 15 business days.
2. Intellectual Property (IP) Policy
All content, designs, technology, logos, trademarks, trade secrets, software, and features on the TouchWallet platform are the intellectual property of TouchWallet Technologies.
2.1 Copyright Notice
© [Insert Year] TouchWallet Technologies. All rights reserved.
2.2 Trademarks
- “TouchWallet” and the TouchWallet logo are registered trademarks.
- Unauthorized use is strictly prohibited.
2.3 Usage Restrictions
- You may not copy, reproduce, distribute, modify, or reverse-engineer any part of the TouchWallet platform without express written permission.
- Use of TouchWallet’s services does not grant ownership or rights to any intellectual property.
2.4 Reporting Infringement
If you believe any content or feature infringes your IP rights, contact ip@touchwalletapp.com.
3. Terms and Conditions
Effective Date: 25-07-2025
These Terms govern your use of the TouchWallet platform. By using the app, you agree to the following:
3.1 Eligibility
You must be at least 18 years old or have legal guardian approval to use the platform.
3.2 Account Creation
- Users must register with accurate biometric and personal data.
- TouchWallet reserves the right to reject or suspend accounts for fraud or misuse.
3.3 Wallet Use
- Wallet balances are limited to $500 USD (or local equivalent)
- The app is intended for daily micro-payments (e.g. food, transport, retail)
3.4 Merchant Use
- Merchants may only use official apps and must verify each transaction.
- Merchants are responsible for any misuse of their account.
3.5 Fees & Payments
- A standard 1.5% fee applies per transaction
- Discounts may be offered during promotions or pilot periods
3.6 Termination
TouchWallet may suspend or terminate accounts for violation of these terms, fraud, or illegal activity.
3.7 Limitation of Liability
We are not liable for:
- Loss of funds due to user error or unauthorized access
- Third-party services or apps misusing TouchWallet APIs
- Delays or downtime caused by maintenance or system errors
3.8 Changes to These Terms
We may update our Terms and Policies at any time. Continued use after updates constitutes agreement.