PRIVACY POLICY
This Privacy Policy outlines how Think Business (referred to in this Policy as "we", "our", or "us") gathers, uses, and shares information associated with your usage of our products, services, and website. We adhere to the standards of the European General Data Protection Regulation (GDPR) and aim to ensure the transparent, lawful, fair, and secure handling of our customers' and users' personal data.
Our Privacy Policy details the personal data we collect through our services, how and why we collect it, our utilization of it, and the third parties with whom we share it. Additionally, it explains your personal data rights and how you can exercise them.
Ensuring the secure storage and handling of entrusted funds and guaranteeing the fairness, efficiency, authenticity, and transparency of our services to you are our top priorities. While we may update this Privacy Policy periodically, we ensure that such updates never compromise our mission's significance. Any modifications to this Policy (or other policies like Terms of Service and Cookie Policy) will be communicated to you via email and on this page.
We highly recommend a thorough reading of this Policy to understand how your data is involved and your rights concerning it. For any inquiries about this Privacy Policy, data collection and usage, disclosure, sharing, or other concerns regarding your personal data, please contact us at: info@think-business.online.
Definitions
This section explains the fundamental definitions used in this Privacy Policy, including the description of personal data and the control and processing of personal data.
Personal Data
"Personal Data" denotes any information that could identify you directly or indirectly as an individual. This information includes personal names, identification numbers, location data, and any online information revealing physical, genetic, mental, economic, cultural, or social identity.
1.2. Information about the Deceased
Personal Data necessitates legal capacity, allowing individuals to exercise their rights, consent, and enter agreements. Legal capacity starts at birth and ends at death. Therefore, in this Policy, information related to deceased individuals is excluded from the meaning of Personal Data.
However, we ensure the secure retention of your personal data collected during your lifetime after your passing. We won't share or disclose it in ways not defined in this Policy or permitted by the GDPR. Handling personal data posthumously varies as per national laws on personal data in each EU Member State. You can learn about the treatment of a deceased person's personal data in your Member State of residence and available options for you and trusted persons after your death.
1.3. Controller of your Personal Data
Per the GDPR, Think Business is the Controller of your personal data. This means we determine the information collection, reasons for collection, sharing, disclosure, and processing methods.
1.4. Processing of your Personal Data
We engage specific vendors and partners responsible for processing your personal information. Refer to Section 8 for more details on how your data is processed, the vendors involved, and the countries to which your data may be sent for processing.
Information We Collect
To deliver our Services and products, we gather information about you.
Information that You Provide
This category includes content and information you provide when using our Services and Products. We do not request information related to racial or ethnic origin, sex life or sexual orientation, political opinions, philosophical or religious beliefs, biometric or genetic data, and trade union membership. insome cases we need biometrics and others.
Service Provision
When initiating a service agreement with us, we might ask for your contact details such as full name, address, email, and phone number. Additionally, for identity verification purposes related to compliance measures under legislative acts like the Anti-Money Laundering and Terrorism Financing Prevention Act of the Republic of Estonia, Bulgaria, Greece, USA or other country we may collect various personal information:
Formal identification details (passport, national ID card, etc.)
Financial information (bank account details, transaction history, etc.)
Business-related data (certificate of incorporation, tax number, etc.)
Employment information (job title, employer's location, etc.)
Communications
If you contact us directly, we may request additional information like your name, email, address, phone number, and other pertinent details. We always clarify why we need this information when communicating with you.
Payment Information
Payment for our Services might involve third-party payment processors. We retain financial account information for business continuity, including service provision, accounting, and compliance with regulatory requirements.
Cookie Files
We utilize cookies on our website to understand user interactions and enhance service functionality. Information collected through cookies includes website usage, visit frequency, and interaction with functionalities.
Log Files
Log files store information about your Service usage, aiding in website enhancement, traffic understanding, and Service improvement. This may include IP addresses, browser type, timestamps, and clickstream data.
Information from Partners and Third Parties
Partners authorized to provide our Services may share your Personal Data collected by them with us. We ensure their legal rights to collect, use, and share data before receiving it.
Anonymized Data
We use anonymized data for research, service quality enhancement, marketing, and security purposes.
How We Use Information
We employ collected information for various purposes:
Service provision consistent with fairness, transparency, efficiency, and authenticity.
Detection and prevention of fraudulent activities associated with Service usage.
Compliance with laws and regulations regarding financial crimes.
Communicating with customers, providing support, and sharing important Service-related information.
Improving Service quality and developing new features.
Measuring and analyzing user interactions for service enhancement.
Promoting safety and security of our Services and data.
How We Share This Information
We share collected information in various ways with third parties, including vendors, financial institutions, identity verification services, advertisers, and partners. Please refer to Section 5 for detailed information on sharing practices.
How We Secure This Information
We employ physical, technical, and administrative safeguards to ensure the integrity, security, and confidentiality of your data. Our security measures include encryption, secure storage, and stringent vendor selection.
Retention of Personal Information
We retain personal information as long as required to fulfill the purposes for which it was collected. Retention periods vary based on the information type and purpose. Please refer to Section 7 for detailed retention information.
Legal Basis and Legitimate Interests
Our legal basis for collecting, using, and sharing personal data varies based on circumstances, including consent, contract fulfillment, legal obligations, and legitimate interests.
Rights of the Data Subject
As a data subject, you have specific rights under the GDPR, including access, rectification, erasure, objection, restriction, data portability, opt-out of marketing messages,
Automated Processing and Decision-Making We may employ automated tools for fraud detection but do not solely base decisions on fully automated processing without human control or intervention.
International Transfer of Data We transfer data internationally employing secure processors adhering to GDPR requirements. Please refer to Section 11 for detailed information on data transfers.
Children’s Privacy We do not knowingly collect or process personal information from children under 13 without explicit consent from their legal representative.
Changes to the Policy We may modify this Policy to comply with changing regulations and new developments. Changes will be posted on our website, and notifications will be sent via email.
Contact Information For inquiries about this Policy, your personal data rights, or any other concerns regarding your personal information, please contact us at info@think-business.online.