Privacy Policy

VYNK Group’s Efforts to Ensure Lawful Use of Your Personal Data

VYNK GROUP is committed to using your personal information only lawfully. We respect your personal data’s privacy. Therefore, we do not take pride in using it unlawfully.

We use your personal data only under the following conditions:

For ensuring compliance with our legal obligations.

For entering into a contract with you.

As a part of our strategy to run business without affecting your interests, rights and freedom.

The Information We Collect From Your And The Way We Use It

You agree to provide us the following information about yourself at the time of account creation

Your name

Email Address

Phone Number

Gender

Date of Birth

Current and previous residential address

The name of your business

The address of your business

Your own image

Access to your location all the time.

Key documents for KYC process. This includes Passport, driving license, ID Card and other government approved Identification documents.

We are committed to using this personal information of users to process their application. If your application is submitted successfully, you will get your account approved to use our services and applications.

Remember, no user from any part of the world will be allowed to use our services, applications and order products without providing all of the information specified below.

Fraud and Money Laundering Checks:

This definitely involves sharing of your personal information with the FPA (Fraud Prevention Agencies). The purpose is to prevent financial scams/frauds and money laundering processes. VYNK GROUP will keep on performing such checks from time-to-time to prevent frauds and money laundering scams.

Remember, the moment you submit your application for account creation, you agree to allow VYNK CHAIN and Fraud Prevention agencies to use your personal information for the following:

Identity verification

Our business’s protection

Compliance with the laws that apply to us.

This type of data processing is usually also included in contract’s requirements related to the services and financing requested by you.

The VYNK GROUP and Fraud Prevention Agencies reserves all rights to disclose your personal information to the law enforcement bodies and help them detect and investigate and prevent crime.

Fraud {prevention Agencies reserve all rights to hold your personal information for different periods of time. If you are found involved or guilty of some fraud or money laundering risk, your data could be held for a particular period of time as per the law. You should be read to face legal proceedings as well.

Automated Decisions:

We have our own automated decision system. We use it while processing your personal data for automated decisions. Meaning, we may take decisions automatically and decide that you are involved in a fraud or money laundering risk if:

If VYNK GROUP’s processing reveals that you are in the good books of fraudsters and money launderers.

If you are communicating with fraudsters and money launderers.

If your behavior is found to be inconsistent with your previous submissions.

If you are found guilty if hiding your true identity deliberately.

You get some rights related to our automated decision making process. Get in touch using the communication related information provided in the Contact Us section of our website to know everything about it.

Consequences of Processing:

You may be refused services and financing that you have requested for.

VYNK GROUP may stop your existing services.

We and the Fraud Prevention Agency reserve all rights to record fraud or money laundering risk posed by you.

This could prevent you from seeking services, financing or even employment from others as well.

When You Contact Us:

We VYNK Group takes the security of users very seriously. This is why we shall first verify your identity for the security of and relevant data. Unless your identity is successfully verified, no information about anything will be disclosed to you.

In simple words, VYNK GROUP will not be able to deal with your query unless you provide the information requested. We will also collect all of your personal data that you agree to provide during your communication with our team.

We are committed to making use of your personal information for dealing with your query/enquiry only.

How and why on what legal basis we use your personal data?

This is something that we have already explained in the first Paragraph. Information in this section is only the extension of the information presented in the first paragraph.

Automated Decisions:

To help you create an account with us.

Management of your account.

Processing of your payment transactions and to your account.

To ensure successful completion of checks required on your identity.

For ensuring successful monitoring of your use of accounts for fraud prevention.

For facilitating your use of an account.

To communicate with you and provide you customer care services of the highest possible quality.

To disclose information to our suppliers, legal authorities, fraud prevention agencies and other third parties. The list includes but is not limited to the following only:

• Law enforcement agencies like police.
• Financial institutions.
• Payment facilitators.
• Card operators.

Just in case you want to know more in detail about it, you are advised to shoot us an email at info@vynkchain.org and get in touch with our support team. They will help you understand the way we use your personal data as well as the objective and method of using it.

The Information VYNK GROUP Accesses From Third Party Sources:

VYNK GROUP Is working closely with third party agencies. The list includes but is not limited to the following:

Identity verification agencies.

Payment scheme providers.

Fraud prevention agencies.

We may collect all kinds of your personal information from them about you for identity verification and fraud prevention.

Use of Your Personal Information For Unrelated Purpose:

VYNK GROUP will usually make use of your personal information/data for the purposes already explained above. However, if needed, we reserve all rights to use your personal information for other reasons compatible with our business or unrelated purpose. In such cases, we will inform you through an email throwing light on a legal basis that allows us to do so.

Fraud Prevention Agencies.

Agencies providing identity verification services.

Law enforcement agencies.

Companies involved in our group.

Payment processing service providers.

Financial institutions

Payment facilitators.

Card operators.

IT service providers.

Technology vendors.

Telephony service providers.

Auditors.

Market distributors.

Market agents.

The list does end here only. If needed, it can be increased.

We will use your personal information/data in order to protect, grow and manage our business and also to products and services of the highest possible quality.

We may use your personal information if we sell or buy any business or assets to the prospective seller or buyer of such business or assets.

VYNK GROUP, with your consent, may establish connection with you through an email with information about our products and services which could possibly be of interest to you.

A third party, if we are under compulsion to disclose or share your personal information/data for compliance with legal obligations. We will also do the same for the following as well:

For enforcing and applying our terms and conditions.

To enforce and apply other agreements.

To protect the rights, property and safety of our business partners, customers and others.

Protection of Your Data:

VYNK GROUP is sincerely committed to securing your data. This is why we focus on leveraging the potential of the following to ensure this:

Encryption technology

Firewall

Secure socket layer technology.

This is known as industry standard encryption technology used for the management of security of messages transmitted throughout the internet.

Once we receive your personal data, it is stored on servers that only we have access to. As far as your password is concerned, we secure it using one way encryption technology. Meaning, no member of VYNK GROUP can read or access your password.

Changes in Future

You are advised to visit our privacy policy page from time to time. This will help you know about all sorts of changes in our privacy policy in future. When appropriate, you will be notified about it through an email about It also.

Retention of Your Data

VYNK GROUP reserves all rights to retain all types of personal data related to you. The group will retain your personal data by the time you continue to use our services.

This is why we reserve all rights to retain your information for an extended period of time permitted or required according to the laws applicable. For example:

Your rights

Being our user, you also have some rights. This is something that our support team will guide you about with the help of our expert team. Therefore, those who are interested in knowing their rights can email our support team.

Contacting Us

Establishing communication with us can guide you about many things related to the VYNK CHAIN TOKEN and VYNK GROUP. This is why you are advised to get in touch with us through an email specified already on the home page of our website or social media channels. For example:

Telegram (Preferably)

LinkedIn

Twitter

YouTube

Instagram

Facebook

Reddit

Medium

GitHub

Our team will be more than happy to help you.