At ProspectWallet, we prioritize the privacy and security of personal data in full compliance with Singapore’s Personal Data Protection Act (PDPA) 2012 and its amendments.
Our Compliance Commitment:
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Lawful Data Handling: We collect, use, and disclose personal data solely for legitimate business purposes with clear notification and your informed consent.
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Data Protection Officer (DPO): We have appointed a dedicated DPO to oversee data protection practices and ensure compliance with PDPA requirements.
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Transparency and Consent: We clearly communicate the purposes for which personal data is collected and obtain your consent in a transparent manner. Consent withdrawal is always respected.
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Data Accuracy and Access: ProspectWallet makes reasonable efforts to ensure personal data is accurate and up-to-date. You have the right to access and correct your data held with us.
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Data Security: We implement appropriate technical and organizational measures to protect personal data from unauthorized access, disclosure, alteration, or destruction.
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Retention and Transfer: Personal data is retained only as long as necessary for the intended purposes and managed with strict care, including when transferred outside Singapore.
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Breach Notification: In the event of a data breach likely to cause harm, we follow mandatory notification protocols to the Personal Data Protection Commission (PDPC) and affected individuals promptly.
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Accountability: ProspectWallet holds itself accountable for compliance and regularly reviews and updates our data protection policies and procedures to align with evolving PDPA standards.
By adhering to these commitments, ProspectWallet ensures the responsible stewardship of your personal data, fostering trust and compliance with Singapore’s robust data protection laws. For any questions regarding our PDPA compliance, please contact us at info@prospectwallet.com