1. Responsible party
Papzeedo Trading (Pty) Ltd is the responsible party for personal information processed through this website and through transaction assessment enquiries.
2. Information we collect
Depending on the nature of the enquiry or proposed transaction, we may collect:
- name, contact details, company name, job title and communication details;
- company registration details, ownership details, director information and beneficial ownership information;
- identity information, proof of address, bank confirmation details and tax compliance information;
- purchase orders, supplier invoices, quotations, buyer and supplier details, transaction details and repayment-flow information;
- collateral, security or supporting due diligence information where required;
- technical information such as website usage information, device data and form-submission metadata.
3. Why we process information
We process personal information to:
- respond to enquiries and assess proposed transactions;
- verify businesses, directors, counterparties, suppliers, buyers and bank accounts;
- perform customer due diligence, risk assessment, screening and transaction monitoring;
- prepare, manage and keep transaction records, agreements and approval files;
- comply with applicable legal, regulatory, credit, anti-money laundering and record-keeping obligations;
- protect Papzeedo Trading, counterparties and the integrity of transaction processes.
4. Lawful basis and consent
We process personal information where it is necessary for transaction assessment, pre-contractual engagement, compliance with applicable laws, legitimate business interests, legal claims, regulatory obligations or where consent is provided.
5. Sharing of information
We may share information with appropriate parties where necessary for verification, due diligence, transaction assessment, legal compliance or transaction execution. These may include verification providers, onboarding providers, legal advisers, compliance advisers, operators, funders, banks, payment providers, regulators, auditors and counterparties involved in a proposed or approved transaction.
6. Cross-border processing and cloud services
Some service providers used for website hosting, forms, email, storage, verification or workflow support may process information outside South Africa. Where this occurs, Papzeedo Trading takes reasonable steps to use reputable providers and appropriate safeguards.
7. Security
We use reasonable technical, operational and organisational measures to protect personal information against loss, unauthorised access, misuse, alteration or disclosure. No website, email or electronic transmission can be guaranteed to be completely secure.
8. Retention
We retain information for as long as reasonably required for the purpose collected, for transaction records, legal and regulatory obligations, auditability, dispute management and risk management. Information that is no longer required may be securely deleted, archived or de-identified.
9. Your rights
Subject to applicable law, you may request access to your personal information, request correction or deletion, object to processing, withdraw consent where consent is relied on, or lodge a complaint with the Information Regulator South Africa.
10. Contact
Privacy requests may be sent to info@papzeedo.co.za. Please include enough information for us to identify the relevant record or enquiry.