Thabit App | Privacy Policy

Privacy Policy

Last Updated: August 08, 2023

Welcome to Thabit! This Privacy Policy outlines how we collect, use, and protect your personal information when you use our app. By using the Thabit app, you agree to the practices described in this policy. Please take a moment to review this Privacy Policy and feel free to contact us if you have any questions.

Information We Collect:

1. User Information: When you register for a Thabit account, we collect your name, email address, and profile picture to personalize your experience.

2. Financial Information: In order to facilitate spare change donations, we collect your financial information such as bank account numbers, routing numbers, transaction details, and any other necessary details required by our payment processor, Plaid and Stripe.

3. Donation Preferences: We collect information about the charity organizations you select to receive your donations, including their names and relevant details.

4. Transaction Data: We collect information about your spare change transactions, including the amount rounded up and details of associated purchases.

5. App Usage: We gather data about your interactions with the app, such as features you use, buttons clicked, and pages visited. This helps us improve the app's functionality and user experience.

6. Plaid API Data: When you link your bank account to Thabit, we use the Plaid API to securely access your financial data. This data is used solely for the purpose of round-up donations.

How We Use Your Information:

Thabit does not sell, rent or lease its customer lists to third parties.

1. Donations: We use your financial information and the Plaid and Stripe API to process spare change donations and transfer the aggregated amount to the charity organizations you've chosen.

2. Communication: We may use your email address to send you updates about your donations, app-related announcements, and information about your selected charities.

3. App Improvement: Analyzing app usage data helps us understand user preferences and behaviors, enabling us to enhance the app's functionality and features.

4. Security: Your information is used to secure your account and transactions, detect and prevent fraudulent activities, and ensure compliance with our terms of use.

Data Sharing and Security:

1. Charity Organizations: We share your donation information with the charity organizations you've designated for transparency and confirmation purposes.

2. Service Providers: We may share your data with trusted third-party service providers who assist us with payment processing, app development, customer support, and data analysis. These providers are contractually bound to protect your information and use it solely for the intended purposes.

3. Legal Requirements: We may disclose your information in response to legal obligations, court orders, or to protect our rights, privacy, safety, or property, as well as those of our users and the public.

Your Choices:

1. Editing Information: You can modify your profile details, donation preferences, and linked payment methods within the app's settings.

2. Opt-Out: You have the option to opt-out of receiving promotional emails, while still receiving transactional and account-related communications.

Data Retention:

We retain your personal information for the duration of your account's activity or as required to fulfill the requested services. Following this, we may retain your data for a reasonable period as required by law or for legitimate business purposes.

Updates to Privacy Policy:

This Privacy Policy may be updated periodically to reflect changes in our practices and services. Significant changes will be communicated through the app or via email.

For any inquiries, concerns, or requests relating to your privacy and our practices, please reach out to us at privacy@thabit.app.

Thank you for being part of Thabit's mission to create positive change through your spare change!