Last updated: March 2026
Welcome to Spray Money. We are committed to protecting your personal information and your right to privacy. This Privacy Policy explains how we collect, use, and safeguard your information when you use our mobile application.
1. Information We Collect
Spray Money collects information you provide directly, including:
- Full name and email address
- Phone number
- Bank Verification Number (BVN) for identity verification
- Bank account details for withdrawals
- Transaction history
- Device information and push notification tokens
2. How We Use Your Information
We use your information to:
- Process transactions and money transfers
- Verify your identity (KYC/AML compliance)
- Send transaction notifications and updates
- Provide customer support
- Improve our services and user experience
- Comply with legal and regulatory obligations
- Prevent fraud and unauthorized transactions
3. Information Sharing
We do not sell your personal information. We may share data with:
- Payment processors (Flutterwave) - to complete transactions
- Identity verification services - for BVN validation
- Law enforcement - when required by law
- Service providers - who assist our operations under strict confidentiality agreements
4. Data Security
We implement industry-standard security measures including:
- End-to-end encryption for all transactions
- Secure PIN protection with hashing
- Regular security audits and monitoring
- Secure cloud data storage
- Two-factor authentication via email OTP
5. Your Rights
You have the right to:
- Access your personal data
- Correct inaccurate information
- Delete your account and associated data
- Export your transaction history
- Opt-out of marketing communications
- Withdraw consent at any time
6. Data Retention
We retain your data for as long as your account is active. Transaction records are kept for 7 years as required by Nigerian financial regulations (CBN guidelines). Upon account deletion, personal data is removed within 30 days, except where retention is required by law.
7. Children's Privacy
Spray Money is not intended for users under 18 years of age. We do not knowingly collect information from children under 18.
8. Changes to This Policy
We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new policy on this page and updating the "Last updated" date.
9. Contact Us
For privacy concerns or questions, contact us at:
- Email: privacy@spraymoney.com
- Address: Lagos, Nigeria