GLBA Privacy Notice
Our consumer privacy notice under the Gramm-Leach-Bliley Act.
Facts: What Does Monida Payment Corporation Do With Your Personal Information?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
- Name, address, date of birth, and government-issued identification
- Transaction history, transfer amounts, and recipient information
- Device information and account credentials
How?
All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information, the reasons Monida chooses to share, and whether you can limit this sharing.
| Reasons we can share your personal information | Does Monida share? | Can you limit this sharing? |
|---|---|---|
| For our everyday business purposes — such as to process your transactions, verify your identity, maintain your account, respond to court orders and legal investigations, or report to credit bureaus | Yes | No |
| For our marketing purposes — to offer our products and services to you* | Yes | No |
| For joint marketing with other financial companies | No | We don't share |
| For our affiliates' everyday business purposes — information about your transactions and experiences | No | We don't share |
| For our affiliates to market to you | No | We don't share |
| For nonaffiliates to market to you | No | We don't share |
* Does not include mobile phone numbers or SMS consent data, which we never share with third parties or affiliates for marketing or promotional purposes.
How does Monida protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards, encryption of data in transit and at rest, access controls, and secured files and buildings.
How does Monida collect my personal information?
We collect your personal information, for example, when you open an account, send a money transfer, verify your identity, use our app or website, or contact our support team. We also collect information from identity-verification and fraud-prevention service providers as required by law.
Why can't I limit all sharing?
Federal law gives you the right to limit only: sharing for affiliates' everyday business purposes (information about your creditworthiness), affiliates from using your information to market to you, and sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing.
Questions?
Call: +1 951 448 0010 or write us: contact@monida.app · Monida Payment Corporation, 1810 E Sahara Ave, Ste 75048, Las Vegas, NV 89104.