PayNet Privacy Policy

Paynet International Technology Inc. (the “Company”) understands that the security of your personal information is extremely important and it is committed to respecting your privacy and safeguarding your personal data.

This Privacy Policy governs the manner in which PayNet collects, uses, maintains and discloses information collected from users (each, a “User”) of (“Site”). This privacy policy applies to the Site and all products and services offered by PayNet.

Personal Data Collected

Personal Data refers to either Personal Information or Sensitive Personal Data.

Personal Information

Refers to User’s identification and entered when user sign up or create an account such as legal name, gender, date of birth, present address, permanent address, mobile number, home number, email address, nationality, SSS or TIN number and other government issued identification numbers, place of birth, Mother’s Maiden name, marital status, Occupation, employer, nature of work and source of funds.

Sensitive Personal Data

Refers to any information that has higher security impact which we gather from the supporting documents presented, such as: government issued IDs and/or documents.

We may collect personal identification information from Users in a variety of ways, including, but not limited to, when Users visit our site, register on the site, and in connection with other activities, services, features or resources we make available on our Site. Users may be asked for, as appropriate, name, email address, mailing address, phone number.

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

How We Use Collected Information

PayNet may collect and use Users personal information for the following purposes:

  1. To Process Know-Your-Customer (KYC) / Account Verification

    We may use the information Users provide about themselves for approve and verify account applications. We do not share this information with outside parties except to the extent necessary to provide the service.

  2. To Send Periodic Emails

    We may use the email address to respond to their inquiries, questions, and/or other requests.

  3. To Communicate Products and/or Advisories

    We may use the user’s email address and/or mobile numbers to reach out to them for system advisories and/or products or services.

How We Protect Your Information

We are committed to value your personal information particularly as it may include sensitive personal information. Appropriately, we strive to maintain the confidentiality, integrity and availability of your personal information by employing physical, technological and procedural safeguards.

We adopt appropriate data collection, storage and processing practices and security measures to protect against unauthorized access, alteration, disclosure or destruction of your personal information, username, password, transaction information and data stored on our Site.

We employ security products, such as firewall and data encryption, and other internal controls which are meant to safeguard all our servers and information systems, including the data stored in these systems. Sensitive and private data exchange between the Site and its Users are held safely and securely over a minimum of 128-bit SSL encryption.

Sharing Your Personal Information

We do not sell, trade, or rent Users personal identification information to others. We may need to submit your Personal Data to appropriate government agencies such as Bangko Sentral ng Pilipinas (BSP), Anti-Money Laundering Council (AMLC), and other financial/ government agencies to comply with legal and regulatory mandates.

How We Keep Your Information

Your personal information shall be retained for as long as the purpose for which it was collected, and such other purposes that you may have consented to from time to time, remains in effect and until such time as it is no longer required nor necessary to keep your information for any other legal, regulatory or business purposes.

Changes to this Privacy Policy

PayNet has the discretion to update this privacy policy at any time. When we do, we will revise the updated date at the bottom of this page. We encourage Users to frequently check this page for any changes to stay informed about how we are helping to protect the personal information we collect. You acknowledge and agree that it is your responsibility to review this privacy policy periodically and become aware of modifications.

Your Acceptance of these Terms

By supplying the information via website,, and creating an account with Paynet, I affirm that I have read, understood and hereby accept the terms of the Paynet International Technology Inc.(“Company”) Website Privacy Policy and I hereby consent to the collection, use, storage, processing, retention and disclosure by the Company of all the personal information (hereafter, “Personal Information”) I may have provided herein.

By using this Site, you signify your acceptance of this policy and terms of service. If you do not agree to this policy, please do not use our Site. Your continued use of the Site following the posting of changes to this policy will be deemed your acceptance of those changes.

Contacting Us

If you have any questions about this Privacy Policy, please contact us at:

This document was last updated on October 18, 2021.