Last Updated: December 15, 2024 | Effective Date: January 1, 2025

Information We Collect

Personal Information

When you register on Funinexchange, we collect personal information necessary to provide our betting exchange services and comply with regulatory requirements. This information includes:

  • Full name, date of birth, and government-issued identification details
  • Email address, phone number, and residential address
  • Financial information including bank account details and payment method data
  • Identity verification documents such as PAN card, Aadhaar, or passport
  • Betting history, transaction records, and account activity logs
  • Device information including IP address, browser type, and operating system

Automatically Collected Data

Our platform automatically collects technical information to improve user experience and maintain security standards. This includes website usage patterns, betting preferences, and device characteristics.

How We Use Your Information

Funinexchange uses collected information for legitimate business purposes related to operating our betting exchange platform:

  • Account registration, verification, and ongoing authentication processes
  • Processing deposits, withdrawals, and betting transactions securely
  • Compliance with Indian gaming regulations and anti-money laundering laws
  • Customer support services and dispute resolution procedures
  • Platform security monitoring and fraud prevention measures
  • Marketing communications about new features and promotional offers
  • Analytics to improve our services and user experience
Important: We never sell your personal information to third parties. Data sharing occurs only when necessary for service provision or legal compliance.

Data Protection Measures

Technical Security

Funinexchange implements industry-standard security measures to protect user data:

  • 256-bit SSL encryption for all data transmission and storage
  • Two-factor authentication for enhanced account security
  • Regular security audits and penetration testing procedures
  • Segregated databases with restricted access controls
  • Automated fraud detection and prevention systems
  • Secure payment processing through certified payment gateways

Data Storage and Retention

Personal data is stored on secure servers located in jurisdictions with strong data protection laws. We retain information only as long as necessary for business operations and regulatory compliance, typically 7 years from account closure.

Information Sharing and Disclosure

Funinexchange may share personal information in specific circumstances:

  • With payment processors to facilitate deposits and withdrawals
  • To regulatory authorities when required by Indian gaming laws
  • With identity verification services for KYC compliance
  • To law enforcement agencies when legally mandated
  • With customer support tools to resolve user inquiries
  • To auditors and legal advisors for business operations
Third-Party Services: We work only with reputable service providers who maintain equivalent data protection standards and sign strict confidentiality agreements.

Your Privacy Rights

As a Funinexchange user, you have several rights regarding your personal information:

  • Access your personal data and request copies of information we hold
  • Correct inaccurate or incomplete personal information
  • Request deletion of your data (subject to regulatory requirements)
  • Object to processing for marketing purposes
  • Withdraw consent for optional data processing activities
  • Request data portability when technically feasible

Exercising Your Rights

To exercise these rights, contact our Data Protection Officer at [email protected]. We will respond within 30 days and may require identity verification to protect your information.

Cookies and Tracking Technologies

Funinexchange uses cookies and similar technologies to enhance user experience and platform functionality:

  • Essential cookies for login sessions and security features
  • Analytics cookies to understand user behavior and improve services
  • Preference cookies to remember your settings and customizations
  • Marketing cookies for personalized promotional content

You can control cookie settings through your browser preferences, though disabling certain cookies may limit platform functionality.

International Data Transfers

Funinexchange may transfer personal data outside India for specific business purposes. When such transfers occur, we ensure adequate protection through:

  • Standard contractual clauses approved by data protection authorities
  • Transfers to countries with adequate data protection laws
  • Binding corporate rules for intra-group transfers
  • User consent for specific transfer purposes

Updates to This Policy

We may update this Privacy Policy to reflect changes in our practices, legal requirements, or business operations. Significant changes will be communicated through:

  • Email notifications to registered users
  • Prominent notices on our website
  • In-app notifications for mobile users
  • Social media announcements

Continued use of Funinexchange after policy updates constitutes acceptance of the revised terms.

Contact Our Data Protection Team

Email: [email protected]

Address: Funinexchange Data Protection Officer
123 Gaming Boulevard, Tech Park
Mumbai, Maharashtra 400001, India

Phone: +91-22-1234-5678