OAK FINANCIAL SOFTWARE PRIVACY POLICY

We at Oak Financial Software Corp. (Oak), a Delaware corporation, take our responsibility to protect the privacy and confidentiality of consumer information from unlawful use and disclosure very seriously. Since maintaining our consumer’s trust and confidence is a high priority to us, we have developed a Privacy Policy to communicate our privacy commitment to our consumers and to better serve their privacy needs.

I. OUR SECURITY PROCEDURES

We maintain administrative, physical, electronic and procedural safeguards that comply with federal, state and local legal requirements to store and secure information about your non-public personal information from unauthorized access, alteration and destruction. Oak employees are trained in the proper handling of your information and are required to fully comply with our Privacy Policy. We only engage reputable companies to provide support services and work with them to control confidentiality, security and integrity of your non-public personal information. All of our service providers must implement appropriate measures to have a security program in place that complies with federal, state and local legal requirements as well as with our security procedures.

II. COLLECTION OF INFORMATION

    We limit the collection and use of non-public personal information to the minimum necessary to deliver superior service to consumers.
  • Oak collects your non-public personal information directly from the payment order application submitted to us at the time of the transaction. This information may include name, address, telephone number, employment information, social security number, birth date and income.
  • When you use our mobile application, we may collect and process information about your actual location. We use various technologies to determine location, including IP address and GPS. You must have geolocation services enabled on your mobile device in order for us to process a transfer.

III. NON-PUBLIC PERSONAL INFORMATION WE MAY DISCLOSE OUTSIDE OAK FINANCIAL SOFTWARE CORPORATION

Our policy is not to share or disclose your non-public personal information with third parties outside Oak. We may disclose non-public personal information about you to companies or entities outside Oak as permitted or required by law, such as:
  • Protecting against potential fraud or unauthorized transactions.
  • Responding to a judicial process as required by law in response to a subpoena or other legal process.
  • Complying with federal, state, or local legal requirements.
  • Sharing information with companies that assist us in providing you with a service. These companies include payment order processors.

IV. ABOUT YOUR PRIVACY RIGHT

Oak will not be able to process your transaction unless you allow us to share your collected non-public personal information with our processing partners. Your personal information shared within the companies we use for processing, however, will be treated with utmost confidentiality. We do not share or disclose any non-public personal information for marketing purposes with any non-affiliated third parties.

V. INTEGRITY OF INFORMATION

We have established procedures to ensure that your information is accurate, current and complete in accordance with industry standards.

VI. NON-RECURRENT CONSUMERS

All of our consumers are a priority to our organization. If you are a one-time or a repeat consumer, we will always maintain your non-public personal information in a secure and confidential manner as described in this notice.

VII. REVISIONS TO OUR POLICY

Oak reserves the right to amend or modify this Privacy Policy at any time. We will post any updated policies.