Privacy Policy – escrownig.com
1. Introduction
At escrownig.com, we prioritize the privacy and security of our users. This Privacy Policy outlines how we collect, use, store, and protect personal information in compliance with the Nigeria Data Protection Act (NDPA) and other applicable laws.
By using escrownig.com, you agree to the terms outlined in this Privacy Policy.
2. Information We Collect
We collect different types of information to facilitate safe and secure escrow transactions, including:
2.1 Personal Information
· Full Name
· Email Address
· Phone Number
· Residential or Business Address
· Bank Account Details (for transaction processing)
2.2 Transaction Information
· Payment details related to escrow services
· Seller/buyer agreements and history
· Invoice records
· Dispute resolution documentation
2.3 Technical & Usage Information
· IP address and device details
· Browser type and access timestamps
· Cookies and tracking data for user experience enhancement
3. How We Use Your Information
Your information is collected for the following purposes:
· Transaction Processing – To facilitate escrow payments securely.
· Identity Verification – To ensure compliance with KYC & anti-fraud regulations.
· Security & Fraud Prevention – To prevent unauthorized access and financial crimes.
· Customer Support – To assist with inquiries and disputes.
· Legal Compliance – To fulfill regulatory requirements under Nigerian financial laws.
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4. Data Protection & Security Measures
escrownig.com implements industry-standard security protocols to safeguard user data:
· End-to-End Encryption for payment and personal information.
· Multi-Factor Authentication (MFA) for account access.
· Regular Security Audits to prevent vulnerabilities and ensure compliance.
5. Sharing of Information
5.1 When We Share Information
We may share personal data with third parties only under the following circumstances:
· Regulatory Authorities – When required by law enforcement or financial regulators (CBN, EFCC, NFIU).
· Payment Processors – To facilitate secure transactions.
· Fraud Prevention Agencies – For security and verification purposes.
5.2 Third-Party Services
escrownig.com may use trusted third-party services for secure payments and analytics, including banks, payment gateways, and fraud detection services.
6. User Rights & Choices
6.1 Access & Control Over Your Data
As a user, you have the following rights:
· Right to Access – Request a copy of your personal data.
· Right to Correction – Update inaccurate personal information.
· Right to Deletion – Request deletion of your account and data.
· Right to Opt-Out – Manage cookies and marketing preferences.
6.2 How to Exercise Your Rights
Users may contact escrownig.com Support to exercise their rights via:
Email: [Insert Support Email]
Phone: [Insert Contact Number]
7. Cookies & Tracking Technologies
We use cookies and similar technologies to enhance user experience. Users can manage cookie settings via browser preferences.
8. Data Retention Policy
Personal data is retained only as long as necessary for escrow transactions, legal compliance, and fraud prevention. When data is no longer required, we securely delete it.
9. Compliance with Nigerian Laws
escrownig.com complies with:
· Nigeria Data Protection Act (NDPA) – For data privacy and security.
· Central Bank of Nigeria (CBN) Regulations – For financial compliance.
· Economic and Financial Crimes Commission (EFCC) Guidelines – For fraud prevention.
10. Updates to Privacy Policy
escrownig.com reserves the right to update this Privacy Policy. Changes will be communicated via email or platform notifications.
11. Contact Information
For inquiries regarding this Privacy Policy, contact:
Email: support@escrownig.com
Phone: +234 (0) 70 31 48 4949
Address: 22 Idowu Taylor Street, Victoria Island, Lagos.