Privacy Policy

Effective Date: 12 June 2026

Darax Limited is committed to protecting your privacy and handling personal information in accordance with applicable privacy and data protection laws, including the Nigeria Data Protection Act (NDPA), the European Union General Data Protection Regulation (GDPR), and other applicable privacy regulations.

1. Introduction

This Privacy Policy explains how Darax Limited ("Darax", "we", "our", or "us") collects, uses, stores, shares, and protects information obtained through our websites, mobile applications, APIs, software platforms, payment services, and related products and services.

By using any Darax service, you acknowledge that you have read and understood this Privacy Policy.

2. Information We Collect

We may collect the following information during account registration and service usage:

Data Category Information Collected
Identity Information First Name, Other Name, Surname
Contact Information Email Address, Phone Number
Location Information Country
Account Information Username, Authentication Data, Subscription Information
Financial Preferences Selected Currency
Technical Information IP Address, Browser Information, Device Information, Operating System, Log Data
Usage Information Service Activity, Login History, API Usage, Payment Activity

3. Single Sign-On Account System

Registration information is shared across the Darax ecosystem.

Darax operates a unified account system that allows users to access multiple Darax websites, applications, APIs, and services using a single account.

Once a user registers on any participating Darax platform, their registration information may be made available across other Darax-operated websites, mobile applications, APIs, and related services.

Users are not required to create separate accounts for each Darax service unless specifically required by a particular service.

4. Currency Selection

During registration or account setup, users may be assigned or required to select a preferred currency.

Once assigned, account currency may not be modified by the user.

Exchange rates used throughout our platforms may be obtained from third-party exchange rate providers through secure APIs.

Exchange rates may change without notice and may not exactly match rates offered by banks, payment processors, or financial institutions.

5. Legal Basis for Processing

Depending on your location and applicable law, we process personal information based on:

  • Your consent.
  • Performance of a contract.
  • Compliance with legal obligations.
  • Legitimate business interests.
  • Fraud prevention and security requirements.

6. How We Use Your Information

Account Management

Create, manage, and authenticate user accounts.

Service Delivery

Provide websites, APIs, hosting, AI services, and payment services.

Security & Fraud Prevention

Detect abuse, fraud, unauthorized access, and security incidents.

Legal Compliance

Comply with regulatory, tax, KYC, KYB, and legal obligations.

7. International Data Transfers

Because our services may be used globally, personal information may be processed, transferred, or stored in countries outside your country of residence.

We implement reasonable safeguards designed to protect personal information during such transfers.

8. Your Privacy Rights

Subject to applicable law, users may have the right to:

  • Access their personal information.
  • Correct inaccurate information.
  • Request deletion of information.
  • Restrict processing.
  • Object to certain processing activities.
  • Withdraw consent where applicable.
  • Request data portability where legally available.

9. Data Retention

We retain information only for as long as necessary to provide services, comply with legal obligations, resolve disputes, enforce agreements, and protect our legitimate business interests.

10. Contact Information

Darax Limited
Email: helpdesk@daraxtech.com