ProofPay Privacy Policy

Last Updated: July 16, 2025.

Welcome to ProofPay, accessible via www.proofpay.it. ProofPay® and its associated products (including ProofPayTensor™, ProofPayWallet™, and ProofPayProtocol™) are trademarks of AI Cloud Services Inc., a Delaware Corporation, USA.

We value your privacy and are committed to protecting your personal data. This Privacy Policy explains:

• What information we collect
• Why we collect it
• How we use it
• How you can control your information
• What rights you have under global privacy laws

By using our website or services, you acknowledge and agree to the practices described herein.

1. Scope of This Policy

This Privacy Policy applies to:

• ProofPay Web Application (www.proofpay.it)
• Mobile interfaces and ProofPay Wallet
• APIs and integrations
• Official communications (emails, SMS, notifications)

This policy does not apply to external websites linked from our platform.

2. Information We Collect

We collect two types of data:

• Personal Data: Name, email, phone, ID, payment details, etc.
• Non-Personal Data: Device info, browser, usage analytics, etc.

Data is collected via user input, cookies, and third-party services.

3. Why We Collect Your Information

• To provide ProofPay services
• To meet KYC/AML and regulatory obligations
• To personalize your experience
• To ensure security and improve performance
• To send service updates and optional marketing

4. Legal Basis for Data Processing

• Contractual necessity
• Regulatory compliance
• Legitimate interest
• Consent (where applicable)

5. Your Data Rights

• Right to Access
• Right to Rectification
• Right to Deletion
• Right to Object
• Right to Data Portability
• Right to Withdraw Consent

To exercise your rights, contact us at info@proofpay.it.

6. Managing Your Information

• Access your account dashboard
• Adjust communication preferences
• Update your personal data
• Request account closure

7. Use of Cookies

We use cookies for:

• Functional operations
• Performance analytics
• Security purposes
• Marketing personalization (with consent)

See our Cookie Policy for details.

8. Data Sharing

We do not sell personal data. We share data with:

• Regulators and legal authorities
• Payment processors and banks
• Verified third-party vendors (e.g., for KYC, hosting)
• Affiliated companies under confidentiality terms

9. Data Transfers

We may transfer data to the U.S. or other regions using mechanisms like:

• Standard Contractual Clauses
• Binding Corporate Rules
• Regulator-approved safeguards

10. Data Retention

We retain data as long as necessary to:

• Provide services
• Meet legal obligations
• Support legitimate business use

After expiration, data is deleted or anonymized.

11. Security

• Encryption at rest and in transit
• Regular security audits
• Role-based access control
• Fraud detection systems
• Third-party certifications (where applicable)

Note: Internet systems involve inherent risk. Use caution online.

12. Children’s Privacy

We do not collect data from individuals under 18 years old.

13. Changes to This Policy

This policy may be updated. Major updates will be communicated via:

• Email notifications
• Website banners

Latest version is always available at www.proofpay.it/privacy.

14. Contact Information

Email: privacy@proofpay.it
Mailing Address: AI Cloud Services Inc., 3349 Michelson Drive, Suite 200, Irvine, CA 92612, USA

ProofPay® is committed to transparency, user control, data minimization, and compliance.