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Privacy Policy

PRIVACY POLICY – PAYCIFI

Last Updated: February 2, 2026

1. INTRODUCTION

BE Blockchain SRL (hereinafter “Paycifi”, “we”, “us”, or “our”) operates the Paycifi platform, a software-as-a-service (SaaS) infrastructure designed for professional users to execute conditional payments and programmable escrow mechanisms based on blockchain technology.

We are committed to protecting the privacy and personal data of our professional users and their representatives. This Privacy Policy explains how we collect, use, store, and disclose personal data in compliance with the General Data Protection Regulation (EU) 2016/679 (“GDPR”).

Note: Paycifi is a B2B platform. It is not intended for consumers.

2. DATA CONTROLLER

The data controller responsible for the processing of personal data is:

BE Blockchain SRL, registration number 0736494076 at 49, rue du Centre, 5003 Saint-Marc, Belgium.

Email: privacy@paycifi.com
Website: https://beblockchain.be

3. PERSONAL DATA COLLECTED AND PURPOSES

As a professional B2B platform, Paycifi primarily processes data related to legal entities. However, we also process limited personal data relating to natural persons acting on behalf of those entities.

3.1 Categories of data collected

  • Identification data: First name, Last name, Professional email address.

  • Company data: Company name, Company registration number (BCE / VAT), Registered office address, Business sector.

  • Technical and usage data: Authentication tokens (session management), IP addresses, Technical logs and security events.

3.2 Purposes of processing

Personal data is processed for the following purposes:

  • Account creation and user authentication;

  • Execution and operation of the Paycifi services;

  • Platform security, fraud prevention, and abuse detection;

  • Compliance with applicable legal and regulatory obligations (including AML/KYB);

  • Service communications and technical notifications.

4. LEGAL BASIS FOR PROCESSING

In accordance with Article 6 of the GDPR, Paycifi processes personal data based on the following legal grounds:

  • Performance of a contract (Art. 6(1)(b)): processing necessary for account creation and service execution.

  • Compliance with legal obligations (Art. 6(1)(c)): including AML, KYB, and accounting requirements.

  • Legitimate interests (Art. 6(1)(f)): ensuring platform security, preventing fraud, maintaining service integrity, and improving the platform.

  • Consent (Art. 6(1)(a)): for optional communications such as newsletters, which may be withdrawn at any time.

5. ZERO-STORAGE POLICY AND THIRD-PARTY PROVIDERS

Paycifi implements a Zero-Storage policy for sensitive financial and identity documentation.

5.1 Third-party services

Certain services are provided by independent third-party providers:

  • KYB & Identity Verification: Aiprise.com

  • Fiat On/Off-Ramp: Getjoin.io

  • Integrated Digital Wallet Infrastructure: Circle

Paycifi does not store sensitive identity documents such as passports, identity cards, or certificates of incorporation on its own servers. We only retain a technical unique identifier (UID) enabling secure interaction with these providers’ APIs. Users are invited to consult the privacy policies of these third-party providers, which apply independently.

6. BLOCKCHAIN-SPECIFIC CONSIDERATIONS

By using Paycifi, users interact with blockchain networks.

  • 6.1 Privacy by design: No personal or sensitive data (names, emails, identity documents) is stored on-chain.

  • 6.2 Pseudonymity: Transactions are pseudonymized through public wallet addresses. Users acknowledge that blockchain data is publicly accessible and traceable by design.

  • 6.3 Exploration of privacy-enhancing technologies: Paycifi is exploring the integration of privacy-enhancing technologies, including privacy-preserving stablecoins and cryptographic techniques such as zero-knowledge proofs. These features are not guaranteed to be available and remain subject to technical, regulatory, and third-party constraints.

  • 6.4 Immutability and limitation of erasure: Blockchain transactions are permanent and irreversible. As a result, the right to erasure (“right to be forgotten”) cannot be applied to on-chain data. By initiating a blockchain transaction, users expressly acknowledge and accept that the cryptographic proof of such transaction will be permanently recorded on the public ledger.

7. HOSTING AND INTERNATIONAL DATA TRANSFERS

The application layer (website and user interface) is hosted by OVHcloud on servers located within the European Union. Some third-party providers may process data outside the EU. In such cases, Paycifi ensures that appropriate safeguards are in place, such as:

  • Adequacy decisions by the European Commission, or

  • Standard Contractual Clauses (SCCs), where applicable.

8. COOKIES AND ANALYTICS

Paycifi uses secure authentication tokens strictly necessary for session management. We may use analytics tools, including Google Analytics, to collect aggregated and anonymized usage statistics for service improvement.

Analytics tools are deployed in accordance with applicable cookie consent requirements. Users may configure or withdraw their consent at any time through the cookie settings available on the platform.

9. COMMUNICATIONS

By creating an account, users agree to receive essential service-related communications, including:

  • Security alerts

  • System updates

  • Service disruptions

Users may optionally opt in to receive newsletters or non-essential communications. Consent may be withdrawn at any time via the unsubscribe link provided in emails.

10. DATA RETENTION

In accordance with Belgian legal, accounting, and tax obligations, Paycifi retains basic account and contractual data for a period of ten (10) years following the termination of the business relationship. Technical logs are retained for a limited duration necessary to ensure security and compliance.

11. YOUR RIGHTS

Under the GDPR, users have the right to:

  • Access their personal data;

  • Rectify inaccurate or incomplete data;

  • Request the erasure of personal data, where applicable;

  • Restrict or object to certain processing activities;

  • Request data portability;

  • Withdraw consent at any time where processing is based on consent.

Certain rights may be limited due to legal, contractual, or technical constraints, particularly with respect to blockchain-related data. Requests may be submitted to privacy@paycifi.com, we will respond to you within 30 days. Users also have the right to lodge a complaint with the Belgian Data Protection Authority (APD-GBA). 

12. UPDATES TO THIS POLICY

This Privacy Policy may be updated from time to time to reflect legal, technical, or operational changes. The latest version will always be available on the Paycifi website.