Terms of use & Privacy Policy

Terms of use

20 July 2020

BEFORE USING THIS SITE PLEASE READ THESE TERMS OF USE CAREFULLY

  1. TERMS OF WEBSITE USE (“TERMS OF USE”)

These terms of use informs you of the terms of use on which you may make use of our website www.pocketmoney.com (“our site”), whether as a guest or as a registered user. Use of our site includes accessing, browsing, or registering to use our site. Please read these terms of use carefully before you start to use our site, as these will apply to your use of our site. By using our site, you confirm that you accept these terms of use and that you agree to comply with them. If you do not agree to these terms of use, you must not use our site.

  1. INFORMATION ABOUT US

www.pocketmoney.com is a site operated by PocketMoney GmbH (“PM” or “we” or “us”). We are registered in Zurich, Switzerland.

  1. CHANGES TO THESE TERMS

We may revise these terms of use at any time by amending this page. Please check this page from time to time to take notice of any changes we made, as they are binding on you.

  1. CHANGES TO OUR SITE

We may update our site from time to time, and may change the content at any time. However, please note that any of the content on our site may be out of date at any given time, and we are under no obligation to update it. We do not guarantee that our site, or any content on it, will be free from errors or omissions.

  1. ACCESSING OUR SITE

Our site is made available free of charge. We do not guarantee that our site, or any content on it, will always be available or be uninterrupted. Access to our site is permitted on a temporary basis. We may suspend, withdraw, discontinue or change all or any part of our site without notice. We will not be liable to you if for any reason our site is unavailable at any time or for any period. You are responsible for making all arrangements necessary for you to have access to our site. You are also responsible for ensuring that all persons who access our site through your internet connection are aware of these terms of use and other applicable terms and condition s, and that they comply with them.

  1. YOUR ACCOUNT AND PASSWORD

If you choose, or you are provided with, a user identification code, password or any other piece of information as part of our security procedures, you must treat such information as confidential. You must not disclose it to any third party. We have the right to disable any user identification code or password, whether chosen by you or allocated by us, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these terms of use. If you know or suspect that anyone other than you knows your user identification code or password, you must promptly notify us through the support form.

  1. PROPERTY RIGHTS

We are the owner or the licensee of all intellectual property rights in our site, and in the material published on it. Those works are protected by copyright laws and treaties around the world. All such rights are reserved. You may print off one copy, and may download extracts, of any page(s) from our site for your personal use and you may draw the attention of others within your organisation to content posted on our site. You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text. Our status (and that of any identified contributors) as the authors of content on our site must always be acknowledged. You must not use any part of the content on our site for commercial purposes without obtaining a licence to do so from us or our licensors. If you print off, copy or download any part of our sit e in breach of these terms of use, your right to use our site will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.

  1. LIMITATION OF OUR LIABILITY

To the fullest extent permitted by law, we exclude all conditions, warranties, representations or other terms which may apply to our site or any content on it, whether express or implied. We will not be liable to any user for any loss or damages, whether direct, indirect, special, incidental, consequential or punitive, in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with:

– use of, or inability to use, our site; or

– use of or reliance on any content displayed on our site.

If you are a business user, please note that in particular, we will not be liable for:

– loss of profits, sales, business, or revenue;

– business interruption;

– loss of anticipated savings;

– loss of business opportunity, goodwill or reputation; or

– any indirect or consequential loss or damage.

If you are a consumer user, please note that we only provide our site for domestic and private use. You agree not to use our site for any commercial or business purposes, and we have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.

We will not be liable for any loss or damage caused by a virus, distributed denial – of – service attack, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our site or to your downloading of any content on it, or on any website linked to it. We assume no responsibility for the content of websites linked on our site. Such links should not be interpreted as endorsement by us of those linked websites. We will not be liable for any loss or damage that may arise from your use of them.

  1. VIRUSES

We do not guarantee that our site will be secure or free from bugs or viruses. You are responsible for configuring your information technology, computer programmes and platform in order to access our site. You should use your own virus protection software. You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our site, the server on which our site is s tored or any server, computer or database connected to our site. You must not attack our site via a denial – of – service attack or a distributed denial – of service attack. By breaching this provision, you would be committing a criminal offence. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them.

  1. APPLICABLE LAW

These terms of use, its subject matter and its formation, are governed by Swiss law. You and we both agree to that the courts of Switzerland will have exclusive jurisdiction over any claim arising from, or related to, a visit to our site.

  1. TRADE MARKS

Our site contains names and logos which are trademarks of PocketMoney GmbH. Unauthorised use of any of these trademarks is forbidden. Users of our site may print, copy, download or temporarily store information from our site for their personal use but all intellectual and other property information shall remain the property of PM and no rights in it shall be transferred to users. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose this site, or any of its content, without the prior written permission of PM.

Thank you for visiting our site.

Privacy Policy

20 July 2020

To sum up

Privacy policies are quite long and nobody reads them, so, just to sum up the information contained, PocketMoney GmbH (“PM” or “we” or “us”) would like to ensure that it is not in the business of selling its users’ data, and has developed its products and services taking care of the privacy of its users. We generate our revenues through advertising displayed on the free application and through pay subscriptions, full stop.

As general rule, we do not access or collect the data of your transactions, we do only collect the minimum data we need to offer you the products and services, in addition to some generic anonymized metrics.

The following privacy policy explains in details which data are collected to offer our products and services, and, by using such products and services, you consent to our collection and use of such information as described in this Privacy Policy.

Application: PocketMoney

1.1 Transactions

All user’s transactions are stored locally on its device and neither we or other third parties have access to them. However, in certain situations, user’s data could be copied on third party servers if the user decides to use one the following optional services:

a) iCloud: if a user performs a backup of its device using iCloud Backup, or chooses in PocketMoney’s settings to opt for storing / synchronizing its data using iCloud, then PocketMoney will copy the entire database on the user iCloud account, which is managed by Apple. This is meant to give a user the possibility to backup and synchronize its own data, so, as such, it is just an option and it is not mandatory to use PocketMoney.

Information stored in iCloud is not managed by us, and is treated in accordance with Apple Privacy Policy, which is possible to find at the following address: http://www.apple.com/legal/privacy/.

b) Dropbox: if a user chooses in PocketMoney’s settings to opt for storing / synchronizing its data using Dropbox, then PocketMoney will copy the entire database on the user Dropbox account, which is managed by Dropbox. This is meant to give a user the possibility to backup and synchronize its own data, so, as such, it is just an option and it is not mandatory to use PocketMoney.

Information stored in Dropbox is not managed by us, and is treated in accordance with Dropbox Privacy Policy, which is possible to find at the following address: https://www.dropbox.com/terms#privacy.

 

1.2 Automatic Transactions Download

Users based in the USA, Australia, Canada, Colombia, Hong Kong, India, Malaysia, Mexico, New Zealand, Netherlands, Singapore, South Africa, Thailand, UAE, once checked whether their bank or financial institution is supported, may subscribe to a plan which allows them to use an API, a third party service, which enables the automatic transactions download.

The APIs is built and maintained by Yodlee (www.yodlee.com), a well-recognized American data provider, part of the Evernest group (www.evernest.com), a listed American company.

With Yodlee’s service, the user can connect to its bank / financial institution, using its own credentials, and the information is transmitted from the bank / financial institution to PocketMoney App.

We have neither access to the transactions of the users, nor to any banking or financial institution credentials, so we never acquire any personal information from users.

For more information, here is Yodlee’s privacy policy: https://www.yodlee.com/legal/privacy-notice

 

1.3 Personal information

To give access to certain services, we need some information from the user. Here are highlighted the services and the information needed:

 a) PocketMoney Free Account: PocketMoney allows the creation of a free account, which is needed to perform actions such as: asking for support, subscribe our newsletter, extending a pay subscription to other devices. To create an account, the user is giving us basic information such as your email, name and surname. Creating such account, is optional if the user is choosing to use PocketMoney without a pay subscription.

The data is collected in our server hosted by Hostpoint AG, and is treated in accordance with Hostpoint Privacy Policy, which is possible to find at the following address: https://www.hostpoint.ch/en/hostpoint/contact-gc.html#datenschutz.

 

1.4 Analytics

To better understand how to improve the product and services, we do collect some generic analytics. These analytics are anonymized, and consolidated, they have nothing to do with the content of financial transactions, and do not allow us to trace a single user or personal related information. Examples of such analytics are: global number of devices per subscription, total number of users per country, global number of app launches, global number of users per device, total number of users backing up using iCloud, total number of users backing up using Dropbox, etc. The analytics are stored in our server hosted by Hostpoint AG, and the data is treated in accordance with Hostpoint Privacy Policy, which is possible to find at the following address: https://www.hostpoint.ch/en/hostpoint/contact-gc.html#datenschutz.

Website: www.pocketmoney.com

Our website works as the backend of our application to manage PocketMoney Free Accounts. Although a user cannot directly open an account through the website, it can do so through PocketMoney’s applications. As such please refer to the bullet point 1.3 a) of this Privacy Policy.

 Third parties

Other than the company already mentioned in this document, we are using few selected third party providers to offer some additional service:

 a) Freshworks: we use FreshDesk to manage support requests and bug reports. A free PocketMoney Account is required to be able to use the support system so please refer to the bullet point 3 a) for this matter, in addition, for Freshworks, the data is treated in accordance with their Privacy Policy, which is possible to find at the following address: https://support.freshdesk.com/support/solutions/articles/50000000206-freshworks-privacy-update.

 b) SendinBlue: we use SendinBlue to send our newsletter. A free PocketMoney Account is required to subscribe to our newsletter so please refer to the bullet point 3 a) for this matter, in addition, for SendinBlue, the data is treated in accordance with their Privacy Policy, which is possible to find at the following address: https://www.sendinblue.com/legal/privacypolicy/.

 European Users.

Users located in the EU, have certain rights with respect to their personal information:

  • Right to access personal data
  • Right to correct or update personal data
  • Right to restrict processing of personal data
  • Right to portability
  • Right to withdraw consent if we have asked for it
  • Right to file a complaint with a data protection authority

If a user wants to submit a request regarding its rights, can contact the customer support.

 Changes to this Privacy Policy.

If we decide to make material changes to our Privacy Policy, we will report it on our website and application. The last updated date for this Privacy Policy is at the top of the policy.