1Introduction
Taxlog Technologies Limited ("MyTaxlog," "we," "us," or "our") is committed to protecting the privacy and security of your personal and financial information. MyTaxlog helps Nigerians everywhere organize their finances, and we are dedicated to handling your data with the highest standards of care. This Privacy Policy outlines our practices regarding the collection, use, and safeguarding of data when you strictly access our platform and services.
By using MyTaxlog, you trust us with your financial data. We take this responsibility seriously and employ industry-leading security measures to protect your information in compliance with the Nigeria Data Protection Act (NDPA) and other applicable laws.
2Information We Collect
Personal Profile Data
We collect information you provide directly to us when creating an account, such as your name, email address, phone number, and business entity details necessary for account administration.
Financial Transaction Data
In order to provide our core services, we process transaction data from integrated financial sources that you authorize. This includes transaction dates, amounts, descriptions, and merchant information. We obtain this data strictly through secure, authorized integration points provided by you or your financial institutions.
Verification Information
For security and compliance, we may request identity verification documents. Crucially, we do not permanently store sensitive identity documents. They are securely transmitted to our verification partners for validation and are immediately purged from our systems thereafter.
3How We Use Your Data
We use the information we collect to:
- Provide and Maintain Services: To deliver financial tracking, categorization, and reporting features.
- Improve Our Platform: To analyze usage patterns and train our automated categorization models for better accuracy.
- Ensure Security: To detect and prevent fraud, unauthorized access, and other illegal activities.
- Communication: To send you technical notices, updates, security alerts, and support administrative messages.
- Compliance: To comply with applicable laws, regulations, and legal processes.
4Data Protection & Security
We implement robust technical and organizational measures to protect your personal data against accidental usage or unauthorized access, alteration, or disclosure.
5Information Sharing
We do not sell your personal data. We share your information only in the following circumstances:
- Service Providers: With trusted third-party vendors who assist in operating our platform (e.g., cloud hosting, payment processing), bound by strict confidentiality agreements.
- Authorized Professionals: With accountants or financial advisors ONLY if you explicitly invite them to access your account.
- Legal Requirements: When required by law or to respond to valid legal process.
6Your Rights
As a user, you have specific rights regarding your personal data under the Nigeria Data Protection Act (NDPA, 2023) and other relevant regulations. These include the right to access, correct, delete, or restrict the use of your information. You may execute these rights by contacting our support team or using the data management tools within your account settings.
7Indemnification regarding Data Sources
By using our services, you verify that any financial data we process on your behalf comes from sources you are legally authorized to access and share.
You acknowledge that MyTaxlog acts solely as a data processor for the information provided through your authorized integrations. You agree to indemnify and hold MyTaxlog harmless from any claims, damages, or liabilities arising from the data provided by your integrated sources, including but not limited to inaccuracies, unauthorized data sharing by the source, or any compliance issues regarding the origin of the funds or transactions.