Privacy Policy

Data protection is one of Shtar’s highest priorities – this privacy policy outlines what data we collect, why we collect it, and how we protect it.

Collecting Personal Data

Personal data is any data that makes you identifiable, such as your name, email address, and phone number.  Personal data also includes your banking information, such as your bank account/routing numbers and transaction/payment history. We onlycollect data that is required to conduct every-day business operations.

How we collect your data

We collect this data in multiple ways:

  1. Submitted: Your name, address, email address, and banking information is submitted to us when you sign up for our service. This data is required to perform banking transactions.
  2. Automatically: To make our application run efficiently, browser data (such as your IP address, device type, operating system) and usage data are collected using cookies, plugins and APIs.
  3. Shared: Data that is shared on our platform

How we treat your data

We do not sell or share your data with any nonaffiliated third parties. Data is only shared with business partners, such as banks and ACH networks, as needed for business operations.  This data sharing ends as soon as you stop using our service.

We may use your email address to provide updates on the product, change in service or market new Shtar products. You can opt-out of receiving electronic communications by using the unsubscribe link. 

How we protect your data

We enforce technical and administrative policies throughout the company to protect your data from unauthorized access, destruction, loss, and misuse. These policies include (but are not limited to) access, password, network, and transmission controls, risk management, system monitoring, fraud prevention/detection activities, and strict third-party assurance.  

Shtar is hosted by Amazon Web Services (AWS), which leads the market in infrastructure security.   

Opting out

If any changes occur to this policy regarding data sharing with unaffiliated parties, you will receive notification within a reasonable time frame to opt-out of having your data shared.  

Updates

Any update to this privacy policy will be immediately communicated via email and available on your Shtar dashboard.