Privacy Policy

We (also known as “We,” “Us,” or “Our”) are committed to protecting your personal data and privacy.

This Privacy Policy explains how we collect and store the information you provide through the Befekt Paynex website (the “website”).

These principles will be upheld:

  • To be transparent about how we collect and process your personal information:

We want you to have the knowledge to make informed decisions about the collection, use, and processing of your personal data. That’s why we created this website. We use a variety of methods and processes to deliver clear, relevant information on how your personal data is handled.

If we determine that you need specific details, we’ll provide them at the appropriate date and time.

We are pleased to answer any questions you may have and to provide any clarifications concerning limitations imposed by law. You can reach us by email at the address below: info@befekt-paynex.com

  • Personal data will be used solely for the purposes outlined in this policy.

We may process your Personal Data for various purposes, such as providing the website, connecting you with third-party trading platforms ('Services'), enhancing and maintaining the site, protecting our rights and interests, fulfilling regulatory and legal obligations, and conducting administrative and business activities to deliver and support the Services.

We also process personal data to better understand your preferences and needs.

  • Use robust tools to safeguard your personal data rights:

To support the exercise of your rights, we have extensive resources available. Contact us at any time to request your personal data. We can correct or delete it, restrict its use for specific or general purposes, or transfer it to you or a third party. We are committed to fulfilling your requests.

  • Protect your personal information:

While we cannot guarantee the absolute security of your personal data, we remain committed to employing a wide range of methods and techniques to protect it.

Our privacy and security policy is comprehensive.

1. The Scope?

This policy details the categories of personal data the company collects from individuals, how it processes and shares it with third parties, and the security and related safeguards in place.

This Policy governs the handling of information relating to an identified or identifiable natural person. An identifiable individual is defined as someone who can be recognized directly or identified by combining supplementary information and data we collect, store, or access.

The Policy defines “processing” as a process requiring the collection or use of personal data. It includes the management, structuring, and storage of personal data.

Our services are intended for general audiences and are not designed for use by anyone under the age of 18. We do not knowingly collect information from individuals under 18 or allow them to use our services. If we become aware of personal data belonging to minors, we will delete it promptly.

2. What personal data do we hold about you?

When you access our services, channels, or website, we collect personal data. In some cases, we directly request your personal data; in others, we obtain it by analysing how you use our services or channels or by receiving information from third-party partners.

3. There is no obligation to disclose personal information to the company, and no consequences will apply.

You are not obligated to provide personal data. However, in certain cases, failing to do so may prevent us from delivering our services or restrict users’ access to the website.

4. What types of personal data do we collect? When you visit our website, we collect the following personal information:

This includes your online activity log; traffic data (including your IP address and the date and time of access); language preferences; software crash logs; browser type; and device information. This information is not private and cannot be used to identify you.

Personal Data We Receive from You: Any personal data you voluntarily provide to Us at your discretion when connecting to a third-party online trading platform through Us.

Personal information that you specifically provide to third-party platforms to facilitate transactions includes your full name, address, phone number, and email address.

5. Legal basis and purposes for processing personal data

The company processes your personal data for the purposes described in this section and in accordance with the applicable legal basis.

Without a valid legal basis, the company cannot process your personal data. The legal grounds that permit the company to process your personal data are as follows:

  • You have consented to the processing of your personal data for one or more purposes. This applies when you submit personal data through our website so we can transfer it to a third-party trading platform.
  • The Company or a third party may require processing to meet their legitimate interests. For instance, it may be necessary to improve our services or defend legal claims.
  • Processing must comply with legal obligations.

Contact us by email for more information on the processing required to safeguard our legitimate interests.

Below is a list of reasons and legal bases for which we may use the information you provide. Personal data.

Scope
Legal basis

Provide your personal information to third parties at your request in order to access digital trading

If you request it, we may collect personal data from you to share with third-party companies.

You have consented to the processing of your personal data for one or more reasons.

We require personal data to address your requests and concerns and to answer any questions you may have about our services.

The company's legitimate interests or those of a third party must be processed.

Personal data is processed to comply with any administrative, judicial, or legal obligations.

Processing is necessary to comply with legal obligations.

We may use personal data to enhance and optimize the quality and performance of our services. This includes, among other things, crash or malfunction reports we collect in relation to these services.

The legitimate interests of the company or those of a third party must be processed.

Preventing Fraud and Misuse of Our Services

The company’s legitimate interests or those of a third party must be processed.

To meet our service requirements, we perform and manage tasks including back-office operations, business development, strategic decision-making, oversight mechanisms, and more.

The company’s legitimate interests, or those of a third party, must be processed.

To inform decision-making on various issues, we employ a diverse set of analytical techniques, including statistical methods.

The company’s legitimate interests or those of a third party must be processed.

To protect our assets, rights and interests—and those of third parties—we have developed HTML0 to establish and defend legal claims. Personal data may be processed by us to safeguard these rights, interests or assets, whether ours or those of third parties, in compliance with any applicable laws, regulations, agreements, conditions, terms or policies.

The company’s legitimate interests, or those of a third party, must be processed.

6. Transfer of Personal Data to Third Parties

The company may also share personal data—including IP address details and user experience analyses—with third-party service providers such as hosting and storage vendors.

You can also request that we share specific personal data about you with third-party trading platforms. In these cases, we will forward the personal data you provided to those platforms. Their privacy policies will govern how your data is used. Your personal data may be shared with multiple trading platforms.

The Company may share personal data with related entities or business partners. This collaboration provides the Company with the resources needed in order to continually enhance and improve the products and services it offers to its customers.

If necessary to protect the rights of third parties or assets, the Company may disclose personal data to regulatory, local, or other official authorities.

We may also share your personal data with potential investors or buyers, or with lenders to the company or any other group company in the event of such a transaction (including the transfer or sale of the company’s or any group company’s assets), or as part of any merger, restructuring, consolidation, or bankruptcy involving the company or any other group business.

7. Third-Party Cookies and Services

We may engage third-party services, such as advertising providers or analytics firms. These companies may also employ cookies or other technologies.

Cookies are small text files stored on your device each time you visit or use our website. They collect data on your preferences and browsing behavior to enhance your experience, remember your settings, and personalize the products and services you may like. Cookies also support statistical analysis and reporting.

Some cookies we use are session cookies, which are downloaded temporarily to your device and remain only until you close your browser. Other cookies are persistent: they stay on your device for a set period after you close your browser. These help the website recognize you as a returning user and facilitate your return visits.

Types of cookies:

We may use them in accordance with their intended purpose:

Cookie Type

Cookies are strictly necessary

Scope

These cookies are essential for accessing the features you’ve requested and for navigating our website. They also enable us to provide the information, products, and services you’ve requested.

They are essential for your device to download and stream data, enabling you to navigate the website, access its features, and return to pages you’ve visited.

Additional Information

Cookies gather personal information, including your username and last login date, to verify that you are logged into the site.

Session cookies are removed when you close your web browser.

Cookie Type

Functionality cookies

Scope

Cookies enable us to recognize you on each visit to our site and retain your preferences.

Additional Information

They remain valid until their expiration date and persist even after the browser is closed.

Cookie type

Cookies for performance

Scope

We use cookies to gather statistical data on our site’s performance and to improve it. They also allow us to conduct detailed analyses of our website.

Additional Information

Cookies store anonymous data that isn’t linked to any identifiable natural person.

These cookies are removed when you close your browser. Other cookies remain valid indefinitely.

Cookies have been blocked or removed

To prevent or remove cookies, adjust your browser’s settings. Below are links to guides for some of the most popular browsers.

  • firefox
  • Microsoft Edge
  • Google Chrome
  • safari

However, please note that some or all of the website's functions and features may not work as expected in this case.

ONLINE TRACKING NOTICE

The Company retains your personal data for as long as necessary to fulfill the processing purposes described in this policy, or longer if required by law, regulations, policies, or applicable orders.

We will share your information with third-party trading platforms for 12 months. If you consent, we will continue sharing your data for an additional 12 months.

We regularly review retained Personal Data to confirm it is no longer required.

9. Transfers of personal information to a third-party country or an international organization

Your personal information may be transferred to or processed in other countries—for example, to a third country (meaning a country other than the one in which you reside) or to international organizations and jurisdictions. The Company takes all necessary steps to safeguard the personal data you provide and to ensure that data subjects can fully exercise their rights and access effective legal recourse.

These protections and safeguards are available to all residents of the EEA (European Economic Area).

  • Transfer to a third country or international organisation that the European Commission has determined to provide adequate protection for personal data under Article 45(3) of Regulation 2016/679 of the European Parliament and of the Council, 27 April 2016 (the GDPR)
  • The transfer is made in accordance with an enforceable, legally binding agreement between public entities or authorities under viro Article 46(2)(a).
  • This transfer was carried out in accordance with the standard data protection clauses adopted by the European Commission under Article 46(2)(c) of the GDPR. You can view these clauses at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.

The Company can provide detailed information about the security measures it uses to safeguard your personal data when transferred to third-party countries or international organizations. To request this information, please email info@wealthwaydigital.uk

10. Protection of Personal Data

We have implemented appropriate organizational and technical measures to safeguard personal data. These measures prevent accidental or unlawful destruction, loss, or modification of personal data.

We cannot guarantee or warrant the security of your personal data against all errors, nor can we be held liable for any intangible, incidental or consequential damages arising from the use or disclosure of your data. This includes, but is not limited to, disclosures resulting from transmission errors, unauthorised third-party access, or any other cause beyond our control.

If legal or other obligations beyond our control require it, we may have to disclose your personal data to third parties, such as public authorities. We cannot influence how these third parties secure your personal data in such cases.

Personal data cannot be transmitted over the internet with complete security. The Company cannot guarantee the security of any personal data you send us online.

11. Hyperlinks to third-party websites

Links to third-party websites and applications are provided on our website. These sites and apps operate independently and are not overseen by the company. We assume no responsibility for the collection or processing of personal data by these external parties. This Policy does not apply to activities conducted on such sites or apps.

When you visit any third-party website or app we recommend, please read its privacy policy carefully before deciding to access or use it. We also recommend that you share any personal data directly with those providers.

12. Updates to this Policy

This policy may be revised at any time. Whenever we make changes, we will notify you by posting the updated policy on our website. For significant revisions, we will also employ appropriate communication channels and publish a prominent announcement on our site. Unless explicitly stated otherwise, all amendments will take effect upon publication of the revised policy.

13. Your Rights with Regard to Your Personal Information

You have the right to ask us to confirm that the personal data we hold about you is accurate, to correct any errors, and to delete any data we no longer need. You may also restrict how your personal information is processed.

If you are an EEA resident, please refer to this page:

You are entitled to the following rights regarding any information you provide as part of your personal data. To exercise the rights you have, please send an email to the address below.

Access rights

The Company can verify both the accuracy of your personal data and whether it is being processed. If it is, you may access your personal data.

The Company will provide an electronic copy of the personal data currently being processed and may charge a reasonable fee for any additional copies. The data will be made available electronically upon request.

Individuals’ right to access personal data must not infringe on the rights and freedoms of others. If an access request would harm the rights or freedoms of another individual, the company may refuse to comply with the request or impose reasonable restrictions on its fulfillment.

Right to rectification

The Company may rectify any inaccurate personal data. You may request the correction of incomplete personal data relating to you, considering the purposes of processing.

Right to Erasure

The following reasons apply: (a) Personal data are no longer necessary for the purpose for which they were collected or processed; (b) you withdraw consent and no legal basis for processing remains; (c) you object at any time, for reasons specific to your situation, to processing of personal data about you based on legitimate interests pursued by us or by a third party; (e) personal data have been processed unlawfully; or (f) personal data must be erased to satisfy the company's legal obligations.

This right does not apply when processing is necessary (a) to comply with legal obligations under European Union or member state law; or (b) to establish, exercise, or defend legal rights.

Processing restrictions

If you have concerns about the accuracy of your personal data, you can ask the company to limit its processing.

If you request the restriction of your personal data, we will retain it only with your consent, or where necessary to establish, exercise, or defend legal rights, to protect another individual’s rights, or to address a matter of significant public interest within the European Union or its member states.

Right to Data Portability

If processing is carried out by an automated system based on your consent or a contract to which you are a party, you have the legal right to access and review the personal data you have provided to the company.

You have the right to request that your personal data be transferred directly from the company to another controller, if technically feasible. Your right to erasure remains unchanged when you exercise your right to data portability. Your right to data portability does not infringe upon the rights or freedoms of others.

Right to challenge

You have the right to object at any time to the processing of your personal data when it is based on legitimate interests pursued by our company or a third party. This right is not limited to profiling carried out solely on the basis of those interests. Where we are able to establish compelling legitimate grounds for processing your personal data, we may continue to do so unless you can demonstrate that your rights, freedoms or interests, including the exercise, establishment or defense of legal rights, override those grounds.

You have the right at any time to object to the processing of your personal data for direct marketing purposes.

Right to Decline Consent

You may withdraw your consent for us to process your personal data at any time. This will not affect the legality or lawfulness of any processing conducted before your withdrawal.

You have the right to file a complaint with your supervisory authority.

You may file an appeal with the supervisory authority designated by your member state to safeguard individuals’ fundamental rights in the processing of personal data within the European Union.

European Union and Member State laws, as detailed in section 13, may limit your rights in relation to your personal data.

We will provide the information you requested under Section 13 of this agreement within one month of receiving your request. If necessary, depending on the complexity or volume of requests, this period may be extended by up to two months. We will notify you of any extension and the reasons within one month of receiving your request.

Unless it conflicts with the provisions of section 13 of the law, the information you request under your rights in section 13 will be provided free of charge. If a request is unjustified, excessive, or repeated, we may charge a reasonable fee to cover administrative costs for providing the information or carrying out the requested action. We may also refuse to act.

If we have any doubts about the identity of the individual submitting your request, the company may request supplementary information.