Privacy Policy for Rais

Last Updated: Oct 15, 2023

Introduction:

Welcome to "Rais," a service offered by FX Port LLC.
At FX Port LLC, we understand the significance of safeguarding your personal data.
This Privacy Policy aims to provide a comprehensive overview of how we manage, store, and utilize the information you share with us.
We are committed to maintaining the trust and confidence of our users.

1. Data Collection: What Information We Gather

When you embark on the journey with our App, we gather a minimal set of personal information to ensure a seamless experience:

Contact List Access for Invite Rewards: Rais's "Invite Your Friends" reward program utilizes your contact list to send invitations. When you grant access, the app stores this information securely on Firebase Firestore. Here's how it works:
- Function: Access your contacts to send invitations for joining Rais. Earn rewards when invited contacts join and complete a valid transfer.
- User Consent: During onboarding or via the options menu, you can choose to grant or deny access to your contacts. This feature is entirely optional.
- Opt-Out: You may skip this feature at any time. If initially accepted, you can disable access in the options menu.
- Data Handling: Your contact list is only used for the invite rewards program and is not shared with third parties. You control whom to send invitations to, and data is securely stored.
- Security: We prioritize your privacy and have implemented robust security measures to protect your data.
- Benefit: By participating, you earn one point on the currency exchange rate for each invited user who completes a valid transfer.

Rest assured, we strictly abstain from collecting sensitive personal data. Every piece of information is sourced directly from our users during the registration phase, ensuring transparency and trust. For information on how to access, update, or delete your data, please consult our privacy policy.

2. Purpose of Data Usage: How We Use Your Information

The foundation of our App lies in delivering impeccable service, and the data you provide plays a crucial role in that.
We harness this data exclusively to enhance the App's functionality and user experience, and offer tailored services based on user preferences.
We pledge not to share, rent, or sell your data to third parties.
Additionally, we refrain from utilizing user data for automated decisions or profiling, ensuring your personal details remain uncompromised.

3. Data Storage, Retention, and Security: Keeping Your Data Safe

We prioritize the safety of users' data.
We employ state-of-the-art security measures to protect your information from unauthorized access, alteration, or deletion.
Every byte of your data is securely housed on our trusted servers provided by industry leaders, AWS and Google, all stationed within the United States.
We retain your data for the duration your account remains active and in good standing.
Should you decide to part ways and close your account, we ensure the complete erasure of your data from our servers, leaving no traces behind.

4. Your Rights: Control Over Your Data

We believe in empowering our users.
You hold the right to access your data, review it, and make necessary amendments at any time.
Should you wish to discontinue our services, you can close your account, ensuring all your data gets permanently deleted.
However, it's essential to note that the data we collect is pivotal for the App's core functionality.
As such, opting out of data collection isn't feasible.

5. Third-Party Interactions: Keeping It In-House

Our commitment to user privacy extends to our stance on third-party integrations.
We can proudly affirm that Rais stands independent, with no ties or integrations with third-party entities that handle data.
We value your privacy and strive to keep your data secure.

6. Cookies and Tracking: Our Standpoint

In our pursuit to offer a straightforward user experience, we have chosen not to employ cookies or other tracking mechanisms within our App.
We believe in maintaining a clean and user-friendly environment.

7. For Our Younger Audience: Children's Privacy

Rais is crafted for a mature audience, with a minimum age criterion of 17 years.
We consciously refrain from gathering data from children or offering our services to them, ensuring a safe digital environment.
We are committed to protecting the privacy of our younger users.

8. Policy Updates: Staying Informed

In the dynamic world of technology and regulations, changes are inevitable.
Should there be any modifications to our Privacy Policy, we pledge to keep you informed.
All significant alterations will be communicated via email, ensuring you're always in the loop.

9. Consent and Adherence: Your Agreement and Our Compliance

By choosing to register on Rais, you implicitly agree to the terms laid out in this Privacy Policy.
We've tailored our practices to cater to a US audience, ensuring adherence to local norms and regulations.
We value your trust and strive to uphold it.

Contact Us:

Your feedback and queries matter to us.
For any clarifications or concerns about this Privacy Policy or our data practices, please feel free to reach out at: Raisllc@gmail.com.