Welcome to ZED Network Inc. (“ZED”). ZED is a global payment orchestration layer helping clients integrate with dozens of payment partners to easily receive payments or pay their affiliates, agents, freelancers, contractors, customers, remittance recipients, vendors, and suppliers worldwide.
ZED Network operates entities around the world (collectively “ZED”, “we”, “us” and “our”), in order to provide Services to our customers including ZED Network Inc (Canada) and ZED Network USA (in the U.S.).
The ZED operating entity you contract with determines the means and purposes of processing your personal information in relation to the Services provided to you (typically referred to as a “data controller”).
THE PERSONAL INFORMATION WE COLLECT
Personal information is data that identifies an individual or relates to an identifiable individual. This includes information you provide to us, information which is collected about you automatically, and information we obtain from third parties.
To establish an account and access our Services, we’ll ask you to provide us with some important information about you. This information is either required by law (e.g. to verify your identity), necessary to provide the requested services (e.g. you will need to provide your bank account number if you’d like to link that account to ZED), or is relevant for certain specified purposes, described in greater detail below. As we add new features and Services, you may be asked to provide additional information.
Please note that we may not be able to serve you as effectively or offer you our Services if you choose not to share certain information with us. Any information you provide to us that is not required is voluntary.
We may collect the following types of information from you:
We receive and store certain types of information automatically, such as whenever you interact with the Sites or use the Services. This information helps us address customer support issues, improve the performance of our Sites and applications, provide you with a streamlined and personalized experience, and protect your account from fraud by detecting unauthorized access. Information collected automatically includes:
For example, we may automatically receive and record the following information on our server logs:
We may also use identifiers to recognize you when you access our Sites via an external link, such as a link appearing on a third party site.
From time to time, we may obtain information about you from third party sources as required or permitted by applicable law. These sources may include:
ZED Network may use anonymized or aggregate customer data for any business purpose, including to better understand customer needs and behaviors, improve our products and services, conduct business intelligence and marketing, and detect security threats. We may perform our own analytics on anonymized data or enable analytics provided by third parties.
Types of data we may anonymize include, transaction data, click-stream data, performance metrics, and fraud indicators
Our primary purpose in collecting personal information is to provide you with a secure, smooth, efficient, and customized experience. We generally use personal information to create, develop, operate, deliver, and improve our Services, content and advertising; and for loss prevention and anti-fraud purposes.
We may use this information in the following ways:
1) To maintain legal and regulatory compliance
Most of our core Services are subject to laws and regulations requiring us to collect, use, and store your personal information in certain ways. For example, ZED must identify and verify customers using our Services in order to help our Clients comply with anti-money laundering laws across jurisdictions. This includes collection and storage of your photo identification. In addition, we use third parties to verify your identity by comparing the personal information you provide against third-party databases and public records. When you seek to link a bank account to your ZED Account, we may require you to provide additional information which we may use in collaboration with service providers acting on our behalf to verify your identity or address, and/or to manage risk as required under applicable law. If you do not provide personal information required by law, we will have to close your account.
2) To enforce our terms in our user agreement and other agreements
ZED handles sensitive information, such as your identification and financial data, so it is very important for us and our customers that we actively monitor, investigate, prevent, and mitigate any potentially prohibited or illegal activities, enforce our agreements with third parties, and/or prevent and detect violations of our posted user agreement or agreements for other Services. In addition, we may need to collect fees based on your use of our Services. We collect information about your account usage and closely monitor your interactions with our Services. We may use any of your personal information collected for these purposes. The consequences of not processing your personal information for such purposes is the termination of your account.
3) To detect and prevent fraud and/or funds loss
We process your personal information in order to help detect, prevent, and mitigate fraud and abuse of our services and to protect you against account compromise or funds loss.
4) To provide ZED Network’s Services
We process your personal information to provide the Services to you. For example, when you want to store funds on our platform, we require certain information such as your identification, contact information, and payment information. We cannot provide you with Services without such information.
5) To provide Service communications
We send administrative or account-related information to you to keep you updated about our Services, inform you of relevant security issues or updates, or provide other transaction-related information. Without such communications, you may not be aware of important developments relating to your account that may affect how you can use our Services. You may not opt-out of receiving critical service communications, such as emails or mobile notifications sent for legal or security purposes.
6) To provide customer service
We process your personal information when you contact us to resolve any questions, disputes, collect fees, or to troubleshoot problems. Without processing your personal information for such purposes, we cannot respond to your requests and ensure your uninterrupted use of the Services.
7) To ensure quality control
We process your personal information for quality control and staff training to make sure we continue to provide you with accurate information. If we do not process personal information for quality control purposes, you may experience issues on the Services such as inaccurate transaction records or other interruptions.
8) To ensure network and information security
We process your personal information in order to enhance security, monitor and verify identity or service access, combat spam or other malware or security risks and to comply with applicable security laws and regulations. The threat landscape on the internet is constantly evolving, which makes it more important than ever that we have accurate and up-to-date information about your use of our Services. Without processing your personal information, we may not be able to ensure the security of our Services.
9) For research and development purposes
We process your personal information to better understand the way you use and interact with ZED Network’s Services. In addition, we use such information to customise, measure, and improve ZED Network’s Services and the content and layout of our website and applications, and to develop new services. Without such processing, we cannot ensure your continued enjoyment of our Services.
10) To enhance your experience
We process your personal information to provide a personalized experience, and implement the preferences you request. For example, you may choose to provide us with access to certain personal information stored by third parties. Without such processing, we may not be able to ensure your continued enjoyment of part or all of our Services.
11) To facilitate corporate acquisitions, mergers, or transactions
We may process any information regarding your account and use of our Services as is necessary in the context of corporate acquisitions, mergers, or other corporate transactions. You have the option of closing your account if you do not wish to have your personal information processed for such purposes.
12) To engage in marketing activities
Based on your communication preferences, we may send you marketing communications (e.g. emails or mobile notifications) to inform you about our events or our partner events; to deliver targeted marketing; and to provide you with promotional offers. Our marketing will be conducted in accordance with your advertising marketing preferences and as permitted by applicable law.
13) For any purpose
We may disclose your personal information for any purpose you consent to.
The following chart summarizes how we use the categories of personal information we collect from consumers:
|Personal Information Category (see “The Personal Information We Collect” heading above for more information)||Sources of Personal Information||Purpose of Collecting Personal Information||Disclosure of Personal Information (see “Why We Share Personal Information With Other Parties” heading below for more information)|
|(A) Identifiers such as Personal Identification Information||Information you provide us; Information collected from third parties||Sections 1, 2, 3, 4, 5, 6, 8, 9, 11, 12||- Third party identity verification services
- Financial institutions
- Service providers
- Professional advisors
|(B) Customer records such as signature||Information you provide us; Information collected from third parties||Sections 1, 2, 5, 6, 11||- Third party identity verification services
- Financial institutions
- Service providers
|(C) Protected classifications under California and federal law, including gender, age and citizenship||Information you provide us; Information collected from third parties||Section 1||- Third party identity verification services
- Professional advisors
|(D) Commercial information such as records of services purchased, obtained, or considered||Information you provide us; Information we collect from you automatically; Information collected from third parties||Section 3, 4, 5, 6, 8, 9, 10, 11, 12||- Third party identity verification services
- Financial institutions
- Service providers
- Professional advisors
|(E) Biometric information||Information you provide us||Section 1||- Third party identity verification services
- Financial institutions
|(F) Usage Data||Information we collect from you automatically||Sections 2, 3, 4, 6, 7, 8, 9, 10, 12||- Third party identity verification services
- Service providers
- Professional advisors
|(G) Online Identifiers||Information we collect from you automatically||Sections 1, 3, 9, 12||- Third party identity verification services
- Service Providers
|(H) Sensory data, such as audio, electronic, visual information||Not collected||Not applicable||Not applicable|
|(I) Professional or employment-related information||Information you provide us; Information collected from third parties||Sections 1, 12||- Third party identity verification services
- Service providers
|(J) Inferences about preferences, characteristics, predispositions, etc.||Information you provide us; IInformation we collect from you automatically||Sections 9, 10, 12||- Service providers
- Professional advisors
We will not use your personal information for purposes other than those purposes we have disclosed to you, without your permission. From time to time, and as required under the applicable law, we may request your permission to allow us to share your personal information with third parties. You may opt out of having your personal information shared with third parties, or allowing us to use your personal information for any purpose that is incompatible with the purposes for which we originally collected it or subsequently obtained your authorisation. If you choose to so limit the use of your personal information, certain features or ZED Services may not be available to you.
For individuals who are located in the European Economic Area, United Kingdom or Switzerland (collectively “EEA Residents”) at the time their personal data is collected, we rely on legal bases for processing your information under Article 6 of the EU General Data Protection Regulation (“GDPR”). We generally only process your data where we are legally required to, where processing is necessary to perform any contracts we entered with you (or to take steps at your request prior to entering into a contract with you), for our legitimate interests to operate our business or to protect ZED’s or your, property, rights, or safety, or where we have obtained your consent to do so. Below is a list of the purposes described in our policy with the corresponding legal bases for processing.
|Section & Purpose of Processing||Legal Bases for Processing|
|(2) To enforce our terms in our user agreement and other agreements|
(4) To provide ZED Network's Services
(5) To provide Service communications
(6) To provide customer service
(7) To ensure quality control
|Based on our contract with you or to take steps at your request prior to entering into a contract.|
|(9) For research and development purposes|
(10) To enhance your experience
(11) To facilitate corporate acquisitions, mergers, or transactions
(12) To engage in direct marketing activities
|Based on our legitimate interests. When we process your personal data for our legitimate interests we always ensure that we consider and balance any potential impact on you and your rights under data protection laws.|
|(1) To maintain legal and regulatory compliance|
(3) To detect and prevent fraud and/or funds loss
(8) To ensure network and information security
|Based on our legal obligations. obligations, the public interest, or in your vital interests.|
|(10) To enhance your experience|
(12) To engage in third party marketing activities
(13) For any purpose
|Based on your consent.|
Direct Marketing: Direct marketing includes any communications to you that are only based on advertising or promoting our products and services. We will only contact you by electronic means (email or SMS) based on our legitimate interests, as permitted by applicable law, or your consent. To the extent we can rely on legitimate interest under the applicable law, we will only send you information about our Services that are similar to those which were the subject of a previous sale or negotiations of a sale to you. If you are a new customer, we will contact you by electronic means for marketing purposes only if you have consented to such communication. If you do not want us to send you marketing communications, please go to your account settings to opt-out or submit a request via email to email@example.com. You may raise such objection with regard to initial or further processing for purposes of direct marketing, at any time and free of charge. Direct marketing includes any communications to you that are only based on advertising or promoting our products and services.
Third Party Marketing: We will obtain your express consent before we share your personal information with any third parties for marketing purposes.
WHY WE SHARE PERSONAL INFORMATION WITH OTHER PARTIES
We take care to allow your personal information to be accessed only by those who require access to perform their tasks and duties, and to share only with third parties who have a legitimate purpose for accessing it. ZED will never sell or rent your personal information to third parties without your explicit consent. We will only share your information in the following circumstances:
– With third party identity verification services in order to prevent fraud. This allows ZED to confirm your identity by comparing the information you provide us to public records and other third party databases. These service providers may create derivative data based on your personal information that can be used solely in connection with the provision of identity verification and fraud prevention services. For example:
– With financial institutions, Money Transfer Operators (“MTOs”), Foreign Exchange (“FX”) companies and Payout Partners with which we partner to process payments you have authorized.
– With service providers under contract who help with parts of our business operations. Our contracts require these service providers to only use your information in connection with the services they perform for us, and prohibit them from selling your information to anyone else. Examples of the types of service providers we may share personal information with (other than those mentioned above) include:
– With companies or other entities that we plan to merge with or be acquired by. You will receive prior notice of any change in applicable policies.
– With companies or other entities that purchase ZED assets pursuant to a court-approved sale or where we are required to share your information pursuant to insolvency law in any applicable jurisdiction.
– With our professional advisors who provide banking, legal, compliance, insurance, FX, accounting, or other consulting services in order to complete third party financial, technical, compliance and legal audits of our operations or otherwise comply with our legal obligations.
– With law enforcement, officials, or other third parties when we are compelled to do so by a subpoena, court order, or similar legal procedure, or when we believe in good faith that the disclosure of personal information is necessary to prevent physical harm or financial loss, to report suspected illegal activity, or to investigate violations of our User Agreement or any other applicable policies.
If you establish a ZED Account indirectly on a third party website or via a third party application, any information that you enter on that website or application (and not directly on a ZED website) will be shared with the owner of the third party website or application and your information will be subject to their privacy policies.
If you authorize one or more third-party applications to access your ZED Services, then information you have provided to ZED may be shared with those third parties. A connection you authorize or enable between your ZED account and a non-ZED account, payment instrument, or platform is considered an “account connection.” Unless you provide further authorisation, these third parties are not allowed to use this information for any purpose other than to facilitate your transactions using ZED Services. Please note that third parties you interact with may have their own privacy policies, and ZED is not responsible for their operations. Information collected by third parties, which may include such things as contact details or location data, is governed by their privacy practices. We encourage you to learn about the privacy practices of those third parties.
Examples of account connections include:
Information that we share with a third-party based on an account connection will be used and disclosed in accordance with the third-party’s privacy practices. Please review the privacy notice of any third-party that will gain access to your personal information.
We understand how important your privacy is, which is why ZED maintains (and contractually requires third parties it shares your information with to maintain) appropriate physical, technical and administrative safeguards to protect the security and confidentiality of the personal information you entrust to us.
We may store and process all or part of your personal and transactional information, including certain payment information, such as your encrypted bank account and/or routing numbers, in the US and elsewhere in the world where our facilities or our service providers are located. We protect your personal information by maintaining physical, electronic, and procedural safeguards in compliance with the applicable laws and regulations.
For example, we use computer safeguards such as firewalls and data encryption, we enforce physical access controls to our buildings and files, and we authorize access to personal information only for those employees who require it to fulfill their job responsibilities. However, we cannot guarantee that loss, misuse, unauthorized acquisition, or alteration of your data will not occur. Please recognize that you play a vital role in protecting your own personal information. When registering with our Services, it is important to choose a password of sufficient length and complexity, to not reveal this password to any third-parties, and to immediately notify us if you become aware of any unauthorized access to or use of your account.
We store your personal information securely throughout the life of your ZED Account. We will only retain your personal information for as long as necessary to fulfil the purposes for which we collected it, including for the purposes of satisfying any legal, accounting, or reporting obligations or to resolve disputes. While retention requirements vary by jurisdiction, information about our typical retention periods for different aspects of your personal information are described below.
We do not knowingly request to collect personal information from any person under the age of 18. If a user submitting personal information is suspected of being younger than 18 years of age, ZED will require the user to close his or her account and will not allow the user to continue using our Services. We will also take steps to delete the information as soon as possible. Please notify us if you know of any individuals under the age of 18 using our Services so we can take action to prevent access to our Services.
To facilitate our global operations, ZED may transfer, store, and process your information within our family of companies, partners, and service providers based throughout the world, including Australia, Canada, Netherlands, Philippines, UK, US, and possibly other countries. We contractually obligate recipients of your personal information to agree to at least the same level of privacy safeguards as required under applicable data protection laws. By communicating electronically with ZED, you acknowledge and agree to your personal information being processed in this way.
If you have a complaint about our privacy practices and our collection, use or disclosure of personal information please submit your request via email to firstname.lastname@example.org.
Our US-based operating entity, ZED Network USA., plans to participate in and be certified for compliance with the EU-US Privacy Shield Framework. We are committed to subjecting all personal information received from European Union (EU) member countries, in reliance on the Privacy Shield Framework, to the Framework’s applicable Principles. To learn more about the Privacy Shield Framework, visit the U.S. Department of Commerce’s Privacy Shield List at https://www.privacyshield.gov.
ZED Network USA. will be responsible for the processing of personal information it receives under the Privacy Shield Framework and subsequently transfers to a third party acting as an agent on its behalf. Before we share your information with any third party that is not also certified under the EU-US Privacy Shield Framework, ZED Network USA. will enter into a written agreement that the third party provides at least the same level of privacy safeguard as required under those Frameworks, and assures the same level of protection for the personal information as required under applicable data protection laws.
European data subjects with inquiries or complaints relating to our Privacy Shield certifications should first contact ZED by emailing email@example.com. If we are unable to resolve your complaint or dispute, you may refer your complaint to our designated independent dispute resolution mechanism, the International Centre for Dispute Resolution (“ICDR”), operated by the American Arbitration Association (“AAA”). For more information and to file a complaint, you may contact the International Centre for Dispute Resolution by phone at +1.212.484.4181, or by visiting the website https://go.adr.org/privacyshield.html.
If your Privacy Shield complaint cannot be resolved through the above channels, under certain conditions, you may invoke binding arbitration for some residual claims not resolved by other redress mechanisms. See Privacy Shield Annex 1 at https://www.privacyshield.gov/article?id=ANNEX-I-ntroduction.
We will use approved Model Contractual Clauses for the international transfer of personal information collected in the EEA and Switzerland, or require that any third party located in the US receiving your personal information is certified under the EU-US and/or the Swiss-US Privacy Shield Frameworks and require that the third party agree to at least the same level of privacy safeguards as required under applicable data protection laws.
Depending on applicable law where you reside, you may be able to assert certain rights related to your personal information identified below. If any of the rights listed below are not provided under law for your operating entity or jurisdiction, ZED has absolute discretion in providing you with those rights.
Your rights to personal information are not absolute. Depending upon the applicable law, access may be denied: (a) when denial of access is required or authorized by law; (b) when granting access would have a negative impact on another’s privacy; (c) to protect our rights and properties; (d) where the request is frivolous or vexatious, or for other reasons.
You can make privacy rights requests relating to your personal information by contacting us via email at firstname.lastname@example.org and we may take steps to verify your identity before complying with the request to protect your privacy and security.
If you believe that we have infringed your rights, we encourage you to first submit a request via email at email@example.com so that we can try to resolve the issue or dispute informally. If that does not resolve your issue, you may contact the ZED operations team at firstname.lastname@example.org .
If you reside in Canada, you can file a complaint with Office of the Privacy Commissioner of Canada by visiting https://www.priv.gc.ca/en/ or contacting OPC per below:
Office of the Privacy Commissioner of Canada,
Mail: 30, Victoria Street , Gatineau, Quebec K1A 1H3
Phone: (819) 994-5444
TTY: (819) 994-6591
If you reside in the EU, you can file a complaint with the International Centre for Dispute Resolution by phone at +1.212.484.4181, or by visiting the website http://info.adr.org/safeharbor, or your relevant data protection authority.
In the UK, the relevant data protection authority is Information Commissioner’s Office, Wycliffe House, Water Lane, Wilmslow, Cheshire, SK9 5AF, 0303 123 1113, email@example.com.
In the Philippines, the relevant data protection authority is National Privacy Commission: https://www.privacy.gov.ph/
In Ireland, the relevant data protection authority is the Data Protection Commission, Canal House, Station Road, Portarlington, R32 AP23 Co. Laois; phone: +353 (0761) 104 800; LoCall: 1890 25 22 31; Fax: +353 57 868 4757; email: firstname.lastname@example.org
In addition to the rights provided for above, if you are a California resident, you have the right to request information from us regarding whether we share certain categories of your personal information with third parties for the third parties’ direct marketing purposes. To the extent we share you personal information in this way, you may receive the following information:
Effective January 1, 2020, pursuant to the California Consumer Privacy Act of 2018 (“CCPA”), California residents have certain rights in relation to their personal information, subject to limited exceptions. Any terms defined in the CCPA have the same meaning when used in this California Privacy Rights section.
Should ZED engage in any of the activities listed in this section, your ability to exercise these rights will be made available to you in your account settings.
If you are a California resident, you may designate an authorized agent to make a request to access or a request to delete on your behalf. We will respond to your authorized agent’s request if they submit proof that they are registered with the California Secretary of State to be able to act on your behalf, or submit evidence you have provided them with power of attorney pursuant to California Probate Code section 4000 to 4465. We may deny requests from authorized agents who do not submit proof that they have been authorized by you to act on their behalf, or are unable to verify their identity.
ZED Network Inc.
33 Bloor Street East, Fl 5 Toronto, Ontario M4W1A9 Canada
ZED Network USA
21 Orinda Way, C260, Orinda, California 94563 USA