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Privacy Policy

Legal Document

Privacy Policy

Your privacy is important to us. This policy explains how we collect, use, and protect your personal information, including employment verification data and automated salary deduction authorization.

Last Updated: January 20, 2025

Privacy at a Glance

Data Protection

Bank-grade encryption protects all your data

Your Control

You control what data we collect and how it's used

Global Compliance

We comply with GDPR, CCPA, and other privacy laws

1. Information We Collect

We collect information to provide employment-verified lending services with automated salary deduction. Our 6-tier progression system and 19-currency support require specific data collection:

Personal Information

Information that identifies you as an individual

Full name
Email address
Phone number
Date of birth
Government ID

Employment Information

Information related to your employment verification and work ID

Work ID number
Monthly work ID renewals
Employer name
Job title
Salary deduction authorization
Payroll integration data

Financial Information

Information about your financial activities and tier progression

Tier status (Bronze to Elite)
Multi-currency loan applications
Automated salary deduction records
Wise card transaction history
Currency conversion data

Technical Information

Information collected automatically when you use our services

IP address
Device information
Browser type
Usage patterns
Cookies and tracking data

2. Employment Data Handling

Work ID Verification and Monthly Renewal

Employment verification is central to our platform. We collect and process work identification data to maintain the integrity of our lending system.

Data We Collect

  • • Work ID photos and documents
  • • Employment verification status
  • • Monthly renewal records
  • • Employer contact information
  • • Salary deduction authorization

How We Use It

  • • Verify active employment status
  • • Enable automated salary deduction
  • • Maintain platform security and trust
  • • Comply with financial regulations
  • • Prevent fraud and identity theft

Automated Salary Deduction Data

We collect and securely store payroll integration data to enable seamless loan repayments through automated salary deduction.

Payroll Integration

  • • Payroll system connection data
  • • Deduction authorization records
  • • Payment schedule information
  • • Employer payroll contact details

Data Protection

  • • End-to-end encryption for all payroll data
  • • Limited access on need-to-know basis
  • • Regular security audits and monitoring
  • • Immediate revocation upon employment changes

Multi-Currency Financial Data

Our platform supports 19 currencies with real-time conversion. We handle currency data with special care for international compliance.

Currency Data

  • • Real-time exchange rate data
  • • Multi-currency transaction records
  • • Wise card integration data
  • • Currency preference settings

Tier Progression

  • • Loan performance history
  • • Tier advancement metrics
  • • Credit scoring algorithms
  • • Risk assessment data

Your Privacy Rights

You have important rights regarding your personal information:

Right to Access

You can request a copy of all personal data we hold about you.

Right to Rectification

You can request correction of inaccurate or incomplete personal data.

Right to Erasure

You can request deletion of your personal data under certain circumstances.

Right to Portability

You can request your data in a structured, machine-readable format.

Right to Object

You can object to certain types of processing of your personal data.

Right to Restrict Processing

You can request limitation of how we process your personal data.

Data Security

Bank-Grade Security

We implement multiple layers of security to protect your data:

256-bit SSL encryption for all data transmission
Advanced encryption for data storage
Regular security audits and penetration testing
Multi-factor authentication requirements
SOC 2 Type II compliance

Cookies and Tracking

We use cookies and similar technologies to improve your experience:

Essential Cookies

Required for basic website functionality

Required

Analytics Cookies

Help us understand how you use our website

Optional

Marketing Cookies

Used to deliver relevant advertisements

Optional

Preference Cookies

Remember your settings and preferences

Optional
Manage Cookie Preferences

Contact Us

Privacy Questions

privacy@zorava.com
Response within 48 hours

Data Protection Officer

dpo@zorava.com
For formal privacy complaints

Questions About Your Privacy?

Our privacy team is here to help you understand and control your data.