Last updated 31 May 2022
This plain English section is here to provide a simple explanation of the most important questions that you might have about Dolla. However, this plain English section is not legally binding. The remaining sections of this Privacy Notice below are the legal terms that apply.
Welcome to Dolla. We take the privacy and protection of your data seriously. We want you to clearly understand how we collect, use, store, disclose, and otherwise process information about you. That's what this privacy notice is for, so please read it carefully and feel free to contact us if you have any questions - our contact details are at the end of this notice.
In this notice, ‘Dolla', 'we', 'us' and 'our' is Dolla Limited and 'you' and 'your' is you - the person using our product.
You should also read our User Terms, as they are an agreement between you and us, and include important information about your use of our product.
We may update this notice from time to time, and the updated notice will apply from the time it is posted to our website. You may view an up-to-date copy of this notice at any time at dolla.nz/legal/privacy-notice. If you do not agree to any changes, you must stop using our product.
You may choose not to provide us with information about you, but if you don't, we may not be able to provide some or all of Dolla's functionality to you.
To understand what information we collect and how we use it, you first need to understand how our product works.
Dolla provides “payment initiation services”, which mean services enabling Dolla access to connected bank accounts in order to initiate a payment to a third party, at your request, from a payment account held by you at another payment service provider, such as a bank.
We will not hold your funds at any time when providing the payment initiation services. When we provide you with payment initiation services, this means that we are responsible for initiating the transaction only.
We may collect the following types of information.
Information you provide which may include:
Information we collect from accounts you connect to Dolla, which may include:
Information we collect from your use of Dolla, which may include:
Information we receive from other sources - we may also receive information about you directly from third parties, including our service providers and identity verification services.
When you agree to our User Terms, you give us the authority to act on your behalf to exchange your data to and from the providers of the accounts you have connected to Dolla within the scope of this Privacy Notice.
We use your information in a number of different ways. The most common use is the aggregation and presentation of data from the account(s) you have connected to Dolla.
We also may use your information:
We may share your information:
Sometimes the people we disclose your information to will be located outside New Zealand and may not be subject to laws that provide a comparable level of protection to New Zealand's Privacy Act 2020 (Privacy Act). By using Dolla you are authorising us to transfer your personal information overseas. We will use reasonable endeavours to ensure people we disclose your information to overseas protect it in a way comparable to the protections under the Privacy Act, such as including provisions in our contracts with them or by checking to ensure they are subject to laws with equivalent protections.
Your information will be stored in data centres that are owned either by us or our related companies or our external service providers. We currently use Australian-based data centres. We use a range of physical and electronic data security measures to protect information from loss and unauthorised use, access, modification, or disclosure.
We will delete your information when we no longer need it for the purposes for which it was collected.
Typically, Dolla will store your data in our databases until you choose to delete your account, and will then delete your data within 24 hours. However we will continue to store information for as long as required by law.
You can request access to and correction of personal information we hold about you by contacting us - our details are at the end of this notice.
Under the Privacy Act, in some circumstances we do not have to give you access to or correct your personal information. If that is the case, we will explain why and provide information about how you can complain should you wish to do so.
We hope that you won't have any issues with how we process your data, but if you do, you can get hold of us using the contact details at the end of this notice. We'll do our best to work with you to resolve the complaint.
You can also complain to the Privacy Commissioner if you're not happy with how we're handling things - see privacy.org.nz for more details.
We're always keen to hear from you. You can get hold of us at firstname.lastname@example.org