GDPR and Privacy Compliance Statement 

 

We are fully committed to protecting the privacy and personal data of all users who engage with our escrow services. This GDPR and Privacy Compliance Statement explains how we collect, store, process, and protect personal information in accordance with the General Data Protection Regulation (EU) 2016/679 (GDPR).

 

1. Data Controller

The data controller responsible for handling your personal information is:

EXMON 
(“we”, “us”, “our”)

We determine the purposes and means of processing personal data required for operating the escrow service.

 

2. What Data We Process

For escrow functionality, we may process the following categories of data:

Account information (email address, username)

Transaction data related to escrow operations

Communication records between buyer and seller (for dispute resolution)

Verification data voluntarily provided for increasing trust

Technical information (IP address, device metadata, security logs)

We do not collect more information than necessary for providing secure escrow operations.

 

3. Legal Basis for Processing

We process personal data strictly under the legal grounds defined in GDPR:

Article 6(1)(b) — processing necessary for the performance of a contract (escrow transactions).

Article 6(1)(c) — compliance with legal obligations (anti-fraud measures, record keeping).

Article 6(1)(f) — legitimate interests (security, dispute resolution, abuse prevention).

Article 6(1)(a) — explicit consent where applicable (voluntary verification, optional features).

 

4. Purpose of Processing

Your data is processed solely to:

Provide escrow protection for buyers and sellers

Complete and manage transactions

Resolve disputes securely and fairly

Prevent fraud, abuse, and unauthorized activity

Comply with applicable regulations

Maintain account integrity and user security

We never use escrow-related data for advertising or unrelated profiling.

 

5. Data Storage and Retention

Personal data is stored only as long as necessary:

For active accounts — for the duration of service usage

For dispute logs and mandatory records — according to legal retention requirements

For voluntary verification — until the user withdraws consent

Data is deleted or anonymized once retention periods expire.

 

6. Data Security

We implement strict technical and organizational measures to protect user information, including:

Encryption of sensitive data in transit and at rest

Access control and authentication systems

Abuse detection and fraud-prevention tools

Secure storage infrastructure

Regular audits and security monitoring

Only authorized staff members involved in escrow operations may access escrow-related data.

 

7. User Rights Under GDPR

You have the following rights:

Right to access your data

Right to correct inaccurate information

Right to request deletion (“right to be forgotten”)

Right to restrict processing

Right to object to certain processing activities

Right to data portability

Right to withdraw consent where applicable

To exercise these rights, contact our support team.

 

8. Third-Party Disclosure

We do not sell or share personal data with third parties except:

When required by law (regulators, lawful authorities)

When necessary to protect users against fraud

When essential for providing escrow operations (in minimal required scope)

We never share escrow details with advertisers or external marketing services.

 

9. International Data Transfers

If data is transferred outside the EU/EEA, we ensure protection through:

Standard Contractual Clauses (SCCs)

Adequacy decisions

Equivalent data protection safeguards

Your privacy remains fully protected regardless of the data storage location.

 

10. Updates to This Statement

This GDPR and Privacy Compliance Statement may be updated to reflect changes in legal requirements or service functionality. All updates are published on our website with the latest revision date.