Areto Privacy Policy

Last Updated: 18th October 2023

Data & Privacy Policy

Your privacy is important to us. This is the privacy policy (“Policy”) for Areto Payment Processing Services AG (“Areto”). It outlines what information is collected by Areto from individuals who interact with the website (the “Website”), and how that information may be used.

By visiting the Website in order to register to receive information about Areto, you consent to Areto collecting, storing, using and disclosing your information in accordance with the terms of this Policy.

If you do not agree with the terms of this Policy, do not access the Website. If you are under eighteen years of age, you may not submit Personal Information to Areto.

You may withdraw your consent for the collection and use of your personal information at any time by sending an email to [email]. This Policy shall apply in respect of all Information received prior to information deletion.

  1. Data Collected

Areto collects certain information to operate our business, and as permitted or required by law, that can be used to identify you as a specific individual (“Personal Information”) and non-personally identifying information (“Non-Personal Information”) (both together, “Information”) when you register to receive information from Areto.

  1. Personal Information: Collection, Retention and Use

Areto will only use your Personal Information for the purposes set out in this Policy.

Areto collects Personal Information when you provide it to sign up to receive information from Areto, access and use the Website, and when you communicate with Areto. Personal Information is collected when provided by you and includes at least your name and email address.

Personal Information is used by Areto to provide information to you, for customer service, and marketing purposes, including to let you know of new products and services. You may opt-out of email-based marketing communications at any time by sending an email with “Unsubscribe” to the email address provided in the marketing communication, or by clicking on the unsubscribe link at the bottom of the marketing communication.

Areto may retain Personal Information until you withdraw your consent. Areto will then delete and purge Personal Information from its information technology systems within 30 days.

  1. Non-Personal Information: Collection, Retention, and Use

Areto will only use your Non-Personal Information for the purposes set out in this Policy.

Non-Personal Information is collected when you visit the Website through cookies or similarly purposed technologies, including technical and statistical information such as include your IP address, mobile device identifiers, operating system, and page views and duration.

Non-Personal Information is used by Areto for its business operations and planning, including improvements to the Website, debugging, product research, evaluation, and development. While this information is related to you, it is not personally identifying information.

  1. Disclosure of your Information

Areto may disclose your Information to a third party as required to process requests by you, and with suppliers providing related services to Areto.

Areto will not disclose your Information to any third party in a way that is personally identifiable to you other than as specifically outlined in this Privacy Policy. Where possible Areto will use aggregate anonymized information.

Areto will not sell your Information to any third party.

Areto may share any Information if required by law, if it believes it is required to do so in order to comply with an order of a court of competent jurisdiction or other legal requirements of any governmental authority, if it believes doing so would potentially mitigate its liability in an actual or potential lawsuit.

  1. Data Protection and Security

Areto takes privacy and protection of your Information seriously, and takes commercially reasonably measures to ensure its security. However, no transmission of Information over the internet can be guaranteed to be uninterrupted or completely secure, and accordingly Areto cannot, and does not, guarantee that your Information will not be unlawfully accessed by a third party. ARETO DOES NOT WARRANT THE SECURITY OF ANY INFORMATION YOU TRANSMIT ELECTRONICALLY, AND YOU DO SO AT YOUR OWN RISK.

  1. Governing Law and Jurisdiction

Areto is domiciled and provides its services in Baar, Switzerland. Consumers from countries and jurisdictions outside of Switzerland are advised that this Policy, and the collection, retention, and use of your Information, shall be construed in accordance with and governed by the laws of Switzerland.

You are also advised that Information is retained in cloud-based servers which may be located in European Union jurisdictions. You acknowledge and agree that: (i) by providing Information to Areto you consent that such Information be transferred through and to the third party services providers utilised by Areto at its absolute discretion, and shall be treated in accordance with the laws of the European Union, which may offer less stringent consumer rights than the jurisdiction in which you reside, and (ii) for commercial and security reasons, the location of the servers storing Information at any given time is deemed to be confidential information of Areto and may not be disclosed to you.

  1. Changes to this Policy

This Policy describes our current practices however Areto may revise this Policy from time to time. Changes and the updated Policy will be published on the Website and identified by the publication date. Please revisit this page and review the Policy during your use of the Website to ensure that you are aware of the Information collected, retained, and used, and the authorizations granted by you pursuant to this Policy. Your continued use of the Website following the publication of an update to this Policy confirms your acceptance of the updated Policy terms.

  1. Representation of Age

By submitting Information to Areto you represent that you are over eighteen (18) years of age. If you are not at least eighteen (18) years old, you may not submit Information to Areto.

  1. Opting out of Marketing Communications

You may opt-out of email-based marketing communications at any time by sending an email with “Unsubscribe” to the email address provided in the marketing communication or by clicking on the unsubscribe link at the bottom of the marketing communication.

  1. Contact Areto

Should you have any questions or complaints about this Policy, please contact us.

The Management

Areto Payment Processing Services AG

Baar, Switzerland.

For complaints, Areto will acknowledge and confirm the name of the individual who will investigate the complaint.  Subsequently, the investigation will take place and any necessary actions will be taken.  A written response to the complaint will be provided within 30 days.

© 2023 Areto Payment Processing Services AG.  All rights reserved.

Updates to the Policy will be posted on the Website.