Privacy Policy

This Privacy Policy explains how UAB FluxPayAI ("FluxPay", "we", "us") collects, uses, and protects personal data in connection with our payment services.

Data Controller

Company: UAB FluxPayAI (DBA AlterFlux)

Registration No.: 306367141

Address: Gedimino pr. 20, LT-01103 Vilnius, Lithuania

Email: compliance@fluxpay.ai

Personal Data We Process

  • Identity data: full name, date of birth, nationality, government-issued ID documents
  • Contact data: email address, phone number, business address
  • Financial data: bank account details (IBAN), transaction history, settlement records
  • KYC/KYB data: proof of identity, proof of address, UBO information, corporate registry extracts
  • Technical data: IP address, browser type, device identifiers, access logs
  • Transaction data: payment amounts, card BIN data (no full PANs stored), timestamps, merchant identifiers

Legal Basis for Processing

  • Contractual necessity: processing required to perform our payment services agreement with you
  • Legal obligation: AML/CFT obligations, tax reporting, regulatory requirements under Lithuanian and EU law
  • Legitimate interest: fraud prevention, system security, service improvement
  • Consent: marketing communications (where applicable, with opt-out at any time)

Retention Periods

Data Type Retention Period
KYC/KYB records 8 years after end of business relationship
Transaction records 8 years from transaction date
Suspicious activity reports 8 years from filing date
Access and audit logs 5 years
Marketing consent records Until consent withdrawn

Your Rights

Under the GDPR, you have the following rights regarding your personal data:

  • Right of access: request a copy of your personal data
  • Right to rectification: correct inaccurate or incomplete data
  • Right to erasure: request deletion of your data (subject to legal retention requirements)
  • Right to restriction: request restricted processing in certain circumstances
  • Right to data portability: receive your data in a structured, machine-readable format
  • Right to object: object to processing based on legitimate interest
  • Right to withdraw consent: where processing is based on consent

To exercise any of these rights, contact us at compliance@fluxpay.ai. You also have the right to lodge a complaint with the State Data Protection Inspectorate (VDAI) of Lithuania.

Sub-processors

We share personal data with the following categories of sub-processors, all bound by data processing agreements:

Category Purpose
Cloud Infrastructure Hosting and data storage
KYC/KYB Provider Identity verification
Card Schemes Payment processing
Banking Partners Fund settlement
Sanctions Screening AML/CFT compliance