Effective Date: December 10th 2024.
Welcome to YouBid NG (“we,” “our,” “us”). We are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy outlines how we collect, use, disclose, and safeguard your information when you visit our website youbid.ng (“Site”) and use our services. Please read this policy carefully to understand our practices regarding your personal data.
1. Information We Collect
1.1 Personal Information
When you register on YouBid NG, we may collect personal information, including but not limited to:
• Name
• Email Address
• Phone Number
• Physical Address
• Username and Password
• Payment Information (e.g., Bank account details, PayPal information)
• Social Media Account Details (for buying/selling assets)
1.2 Non-Personal Information
We may collect non-personal information such as:
• Browser Type
• Operating System
• IP Address
• Device Information
• Pages Visited
• Time Spent on Pages
• Referral URLs
1.3 Cookies and Tracking Technologies
We use cookies and similar tracking technologies to enhance your experience on our Site. Cookies help us:
• Remember your preferences and settings
• Analyze site usage and performance
• Personalize content and advertisements
2. How We Use Your Information
We use the collected information for various purposes, including:
2.1 To Provide and Maintain Our Services
• Facilitate the buying and selling of assets.
• Process transactions securely.
• Verify account authenticity.
2.2 To Communicate with You
• Respond to your inquiries and support requests.
• Send important updates, newsletters, and promotional materials (with your consent).
2.3 To Improve Our Platform
• Analyze usage patterns to enhance user experience.
• Develop new features and services.
2.4 For Marketing and Advertising
• Personalize advertisements based on your interests.
• Conduct marketing campaigns to promote our services.
2.5 Compliance and Legal Obligations
• Comply with legal requirements and enforce our Terms of Service.
• Prevent fraud and ensure the security of our platform.
3. How We Share Your Information
We may share your information in the following circumstances:
3.1 With Service Providers
We may share your data with third-party service providers who perform services on our behalf, such as payment processing, data analysis, email delivery, and customer support.
3.2 For Business Transfers
In the event of a merger, acquisition, or sale of all or a portion of our assets, your information may be transferred as part of that transaction.
3.3 With Your Consent
We may share your information with third parties when you have given us explicit consent to do so.
3.4 Legal Requirements
We may disclose your information if required to do so by law or in response to valid requests by public authorities (e.g., courts, government agencies).
3.5 Protecting Our Rights
We may disclose your information to protect our rights, privacy, safety, or property, and that of our users or others.
4. Data Security
We implement a variety of security measures to maintain the safety of your personal information. These include:
• Encryption of sensitive data during transmission.
• Secure Servers to store your information.
• Regular Security Audits to identify and address vulnerabilities.
• Access Controls to restrict data access to authorized personnel only.
• While we strive to protect your data, no method of transmission over the internet or electronic storage is 100% secure. Therefore, we cannot guarantee absolute security.
5. Your Rights and Choices
Depending on your location, you may have the following rights regarding your personal information:
5.1 Access and Correction
You can access and update your personal information by logging into your profile settings.
5.2 Data Portability
You have the right to request a copy of your personal data in a structured, commonly used, and machine-readable format.
5.3 Right to Erasure
You can request the deletion of your personal data, subject to certain exceptions.
5.4 Opt-Out
You can opt-out of receiving promotional communications by following the unsubscribe link in our emails or contacting us directly.
5.5 Do Not Track
Some browsers offer a “Do Not Track” feature. While we do not respond to “Do Not Track” signals, you can manage your preferences through your browser settings.
To exercise your rights, please contact us using the information provided in the Contact Us section below.
6. Children’s Privacy
Our services are not intended for individuals under the age of 13. We do not knowingly collect personal information from children under 13. If we become aware that a child under 13 has provided us with personal information, we will take steps to delete such information from our servers.
7. Third-Party Links and Services
Our Site may contain links to third-party websites and services that are not operated by us. We are not responsible for the privacy practices or content of these third parties. We encourage you to review the privacy policies of any third-party sites you visit.
8. Changes to This Privacy Policy
We may update our Privacy Policy from time to time. Any changes will be posted on this page with an updated “Last Updated” date. We encourage you to review this policy periodically to stay informed about our data practices.
9. Contact Us
If you have any questions or concerns about this Privacy Policy or our data practices, please contact us:
Email: support@youbid.ng