Privacy Policy

We Protect Your Data

Edu Pay Later (“we”, “us”, or “our”) respects your privacy and is committed to protecting your personal data. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website, use our services, or otherwise interact with us.

1. Information We Collect

We collect the following types of personal information:

a. Information You Provide to Us

  • Identity Data: Full name, date of birth, national ID/passport, student ID.
  • Contact Data: Email address, phone number, mailing address.
  • Financial Data: Bank account details, payment history, credit scores.
  • Academic Data: Educational institution, program enrollment, academic standing (if required for eligibility).
  • Account Data: Login credentials, support requests, feedback, and preferences.

b. Information We Collect Automatically

  • Device information (IP address, browser type, operating system).
  • Usage data (pages visited, time spent, links clicked).
  • Cookies and similar tracking technologies (see Section 7)

c. Information from Third Parties

  • Credit bureaus and financial institutions for eligibility verification.
  • Educational institutions (with consent) are to confirm enrollment and academic status.
  • Identity verification providers.

2. How We Use Your Information

We use your personal data to:

  • Assess and process your application for Edu Pay Later services.
  • Provide you with our deferred payment solutions.
  • Verify your identity and prevent fraud.
  • Comply with legal and regulatory requirements (e.g., KYC/AML).
  • Communicate with you about your account, transactions, or updates.
  • Improve our services, user experience, and website functionality.

3. Legal Basis for Processing (GDPR)

If you are located in the European Economic Area (EEA), we rely on the following legal bases:

  • Contractual Necessity: To fulfil our agreement with you.
  • Legitimate Interest: To improve our services and ensure platform security.
  • Legal Obligation: To comply with applicable laws.
  • Consent: When required, especially for marketing or data sharing.

4. Sharing Your Information

We may share your data with:

  • Service Providers: For cloud hosting, identity verification, and payment processing.
  • Credit Reporting Agencies: To assess creditworthiness.
  • Educational Institutions: For eligibility verification (with your consent) and onboarding.
  • Government and Law Enforcement: If required by law or in the interest of fraud prevention.
  • Business Transfers: In the event of a merger, acquisition, or asset sale.

We do not sell your personal data.

5. Data Retention

We retain your personal information only as long as necessary for the purposes outlined in this policy or as required by law (e.g., financial records retention for regulatory compliance).

6. Your Rights

Depending on your jurisdiction, you may have the right to:

  • Access, correct, or delete your personal data.
  • Withdraw consent at any time.
  • Object to or restrict certain data processing.
  • Data portability (where applicable).
  • File a complaint with a data protection authority.

To exercise your rights, contact us at: [email protected]

7. Cookies and Tracking Technologies

We use cookies to:

  • Analyse the usage of our website.
  • Remember your preferences and settings.
  • Improve user experience and deliver relevant ads (where applicable).

You can manage or disable cookies through your browser settings. 

8. Data Security

We implement appropriate technical and organisational measures to protect your data, including:

  1. Data encryption (at rest and in transit).
  2. Multi-factor authentication.
  3. Access controls and regular audits.

9. International Data Transfers

If you are accessing our services from outside your country of residence, your data may be transferred to—and processed in—countries with different data protection laws. Where required, we implement Standard Contractual Clauses (SCCs) or similar safeguards.

10. Children’s Privacy

Our services are not intended for individuals under the age of 18. We do not knowingly collect personal information from children without appropriate parental or guardian consent.

11. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. 

12. Contact Us

If you have any questions about this Privacy Policy or our privacy practices, please contact us at: [email protected]