Hereby to certify that we will explain what information we will collect from you (users of the Service), with which relevant third parties we will share your information for better product experience, and in what ways you can prohibit us from sharing certain information about you with relevant third parties. The treatment of your personal information, including your login to the website or server information and all other personal information is also specified here in detail.
All the relative data/info reported/stored at https://u-peso.com/

1.Relative information collected

Borrower information, such as SSS, job information, emergency contact information, contact lists and others.
Sensitive information, such as mobile ID, app list, IP Base Station, Device infomation and other.
Other information, such as application usage, catalog of customer information and others.

2.Terms and Conditions:

Personally identifiable information

U-Peso may collect your information from:

3.We collected the information for the following purposes, but not limited to:

a. To process your transaction;
b. To verify your actual identity;
c. To determine if you’re eligible for a loan;
d. To disburse loan and collect repayment for your service;
e. To have credibility built in your account;
f. To comply with applicable rules, regulations, and laws;
g. To detect and prevent fraud;
h. To rate your loan application history and confirm your job data;
i. To develop more apps feature that needs to meet clients needs;
j. To know our latest services provide, new notifications, and offers etc;
k. To assess your risk profile and to recommend suitable products.

Upeso collects your application list, including package name, package version, app installed time to build and complete our risk management model. Without the model, we would not be able to provide financial service to you. Your data will be transmitted and stored to our server: ( http://upeso.com ) over a secure encryption technology. We will not share your data to third parties for any reasons, such as for the purposes of analysis and sale.

4.How does U-Peso use your information?

5.Who do we share your information with?

General
U-Peso shall not disclose any Information containing personal data (as defined under applicable law) to any third parties, unless it is necessary and/or appropriate in order to provide U-Peso’s products or services, provided that, we may share limited personal data (as defined under applicable law) with select partners for the purpose of research and development. Whenever practically feasible, U-Peso will only share your Information with third parties in an anonymized format.

You agree that we may, as necessary and/or appropriate for the purposes provided in section 2, transfer and disclose your information to:

The above parties may also process or disclose your information for the purposes set forth in Section 2, so long as such processing or disclosure is in compliance with this Privacy Policy.

Further, U-Peso may also share your information with law enforcement or other government agencies pursuant to a formal request, subpoena, court order, or similar legal procedure, or when we believe in good faith that disclosure is necessary to comply with the law, prevent physical harm or financial loss, to report suspected illegal activity, or to investigate violations of our agreements with you.

Referrals
To promote its products and services, U-Peso administers and services a referral program (“U-Peso Referral Program”, for brevity) for its current and future customers. If you choose to accept a referral from another U-Peso customer and accept a U-Peso loan in connection with that referral, U-Peso will provide a bonus to the customer who refers you upon your successful repayment of your U-Peso loan.

If you choose to participate in the U-Peso Referral Program as a referee, you specifically consent to the sharing of such anonymized information about your repayment status by accepting the referral, clicking on the imbedded referral link and subsequently applying for and accepting a U-Peso loan through such referral.

Sharing of your Information in connection with the U-Peso Referral Program shall be limited to the information described above and shall remain anonymized – U-Peso will never share identifiable or personalized data about your repayment status (or any other personal data (as defined under applicable law) with any other customer or user or U-Peso. More information on the U-Peso Referral Program is available within the U-Peso App.

4.For how long will we retain your information?

Your Information will be stored or retained by U-Peso and its transferees only for so long as necessary for the purposes listed in Sections 2 and 10 of this Privacy Policy, and for a reasonable time thereafter for the delivery of our products and completion of our services.
We may also retain your Information:
(i) As long as necessary to comply with any legal obligation;
(ii) Whenever such is authorized under the law;
(iii) For the establishment of legal defenses.

5.Where do we process, store or transfer your information?

We may transfer your Information outside of the Philippines, either to the United States, or Singapore, and/or to the extent we provide prior notice to you, to jurisdictions that may have data protection laws that are less stringent than those of the Philippines. When we do so, we will ensure that adequate safeguards are in place in accordance with applicable law and/or the Philippines’data protection requirements. The safeguards we will use will depend on the circumstances and the party to whom we transfer your Information. Your Information may be processed by any of the parties described in Section 4. U-Peso will use all reasonable and appropriate efforts as required by applicable law to protect your Information.

6.Automated decisions and profiling

We may make certain decisions in relation to our provision of our products and services to you by using automated decision-making processes, without human involvement.

· Lending decisions
When you apply for a loan, we shall use automated processing to decide whether to commence with the transaction or otherwise based on your eligibility for our products and services. This automated processing enables us to provide rapid, responsive and tailored credit services to customers who may not have credit histories, prior bank or other financial data or income from formal sources.

Our credit and underwriting models utilize machine-learning technology to process your Information and assess your credit-worthiness. The associated processing of your Information is automated and little to no human intervention is involved. Using such automated processes to assess your creditworthiness means we may automatically decide that you may be ineligible for a loan or ineligible for a loan of a particular amount or tenure. Our credit and underwriting models are regularly tested to ensure they remain fair, accurate and unbiased.

· Detecting fraud
U-Peso also utilizes automated processes to detect, combat and prevent fraud. Our fraud models may automatically decide that a certain individual poses a fraud or money laundering risk (e.g., if our processing reveals information or behavior consistent with money laundering or known fraudulent activity, if the activity is inconsistent with prior activity on our platform or if an individual appears to be hiding their true identity). If our fraud models determine that processing of a transaction or approving a certain individual creates a risk of fraud, that individual’s access may be suspended or refused.

·Your rights in relation to automated decision-making
In the event that your loan application is denied or your loan is declined, or you are found ineligible for other or associated products or services as a result of an automated credit, underwriting or fraud decision, you may request that said decision be reviewed through cs@upeso.ph.

7.Your rights as a data subject

You may contact us to exercise your rights at cs@upeso.ph.

· Rights to notice and consent

We shall provide you with the necessary information as to how we collect your Information, how we use the same (and our legal basis for doing so), who we share your Information with, where we obtained your Information and your rights as a data subject. This information is provided within the U-Peso App and in this Privacy Policy.

You may ask us to stop using your personal data (as defined under applicable law):

Please note that there may be occasions when you wish to exercise your rights and we are unable to agree to your request (e.g., because we have compelling legitimate grounds for using or processing your information or because we need to retain your information to comply with a legal obligation).

8.Advertising and Marketing

You may opt out from receiving advertising, marketing or promotional messaging by contacting us and making such request through cs@upeso.ph and we will remove you from such communication lists.

9.Consequences of not providing us with your Information

You are not required to provide us with your Information or any associated personal data (as defined under applicable) and you may withdraw your consent from the use or processing of such Information or personal data. However, we likewise reserve the right to you are your application or terminate our relationship with you, due to failure to conduct a sufficiency and exhaustive evaluation on our part and/or as permitted under applicable law/s. Further, to the extent we have a legitimate interest in retaining your Information and/or associated personal data (as defined under applicable law), we may do so. For example, if you have requested that we erase your Information or associated personal data (as defined under applicable law), but you have not repaid your loan with U-Peso, we may retain your Information or associated personal data (as defined under applicable law), in order to continue collection efforts.

10.Consent and Authorization

By downloading the U-Peso App, you:

11.General

If you need to contact us, please do so at: cs@upeso.ph

To improve and continue our services to you, this Privacy Policy may be updated from time to time. We will notify you prior to any updates to this Privacy Policy, either within the U-Peso App or by email.

12.Effectivity Date

The provisions of this policy shall have full force and effect beginning 27 March 2020.