SofizPay Privacy Policy

Customer version – Updated October 2025

1. Introduction

This Privacy Policy describes how EURL SofizPay (hereinafter "SofizPay", "we", "our") collects, uses, stores, and protects the personal data of its users (hereinafter "you", "the user") in connection with the use of the SofizPay electronic payment platform. By using our services, you accept the practices described in this policy. If you do not accept these terms, please do not use our services.

2. Data Controller

The controller of your personal data is:

EURL SofizPay

Rue kasraoui el-hachemi, Mecheria, Naama, Algeria

contact@sofizpay.com

www.sofizpay.com

3. Personal Data Collected

We collect different categories of personal data depending on your use of our services:

3.1. Identification Data

  • First and last name
  • Date of birth
  • National ID card number or passport
  • Postal address
  • Phone number
  • Email address

3.2. Financial Data

  • Transaction history
  • SofizPay account balance
  • Bank details (RIB, CCP)
  • Bank card information (hashed and secured)

3.3. Technical and Connection Data

  • IP address
  • Browser type and version
  • Operating system
  • Geolocation data (if authorized)
  • Device identifier (IMEI, unique identifier)
  • Connection and usage logs

3.4. Behavioral Data

  • Browsing history on the platform
  • Usage preferences
  • Customer service interactions

4. Purposes and Legal Bases of Processing

We process your personal data for the following purposes:

Contract Execution

Account creation and management, transaction execution, payment service provision

Legal Obligations

Compliance with KYC (Know Your Customer) obligations, anti-money laundering and terrorism financing prevention, transaction evidence retention

Legitimate Interests

Fraud prevention, system security, service improvement, statistical analysis

Consent

Direct marketing, personalized notifications (if you have given consent)

5. Sharing Personal Data

Your personal data may be shared with:

Technical Service Providers

Hosting, maintenance, cloud infrastructure

Financial Partners

Banks, card networks, payment platforms (Baridimob, CCP)

Competent Authorities

Upon legal or regulatory request (police, courts, tax authorities)

KYC and Compliance Subcontractors

For identity verification and anti-fraud measures

📌 All our partners are subject to strict confidentiality and security obligations.

6. Data Transfer Outside Algeria

SofizPay strives to process and store your data in Algeria. However, some technical providers (cloud, analytics services) may be located outside Algeria. In this case, we ensure that appropriate safeguards are in place in accordance with Algerian regulations (Law No. 18-07).

7. Data Retention Period

We retain your personal data as long as necessary for:

1

The duration of your active account

2

10 years after account closure (legal accounting and tax obligation)

3

5 years for data related to anti-money laundering

4

Marketing data is deleted upon consent withdrawal

8. Data Security

SofizPay implements advanced technical and organizational security measures:

Encryption of sensitive data (SSL/TLS, AES-256)

Two-factor authentication (2FA)

Strict access controls

Regular security audits

Staff training on data protection

Security incident response plan

9. Your Rights Regarding Personal Data

In accordance with Algerian Law No. 18-07, you have the following rights:

Right of Access

Obtain a copy of your personal data

Right of Rectification

Correct inaccurate or incomplete data

Right to Erasure

Request deletion of your data (except legal retention obligation)

Right to Object

Object to processing your data for marketing purposes

Right to Restriction

Request restriction of processing in certain cases

Right to Portability

Receive your data in a structured and reusable format

To exercise your rights, contact us at: contact@sofizpay.com

10. Cookies and Similar Technologies

SofizPay uses cookies to enhance your experience:

Essential Cookies

Necessary for site operation (authentication, security)

Performance Cookies

Site usage analysis (Google Analytics, etc.)

Functionality Cookies

Remembering your preferences (language, settings)

💡 You can manage your cookie preferences through your browser settings.

11. Protection of Minors

SofizPay is reserved for persons aged 18 and over. We do not knowingly collect personal data from minors. If you believe a minor has provided information, contact us immediately.

12. Changes to Privacy Policy

We may update this privacy policy at any time. In case of significant changes, we will inform you by email or via a platform notification. The most recent version will always be accessible on our official website.

13. Complaints and Supervisory Authority

If you believe your rights are not being respected, you can file a complaint with the National Authority for Personal Data Protection (ANPDP) in Algeria.

14. Contact

For any questions regarding this privacy policy or the management of your personal data, contact us:

Email

📧 contact@sofizpay.com

Address

📍 EURL SofizPay – Rue kasraoui el-hachemi, Mecheria, Naama, Algeria

Website

🌐 www.sofizpay.com

Thank You for Using SofizPay

Governed by Algerian Law No. 18-07
Regulatory Compliant
Secure Data

Last Updated: October 2025