Privacy Policy

1. Definitions and Interpretation

For the purposes of this Privacy Policy:

• “Kavash Ventures”(referred to as “the Company”, “We”, “Us” or “Our” in this Agreement) refers to the legal entity responsible for the processing of your data.
• “Zimbasave” refers to the public-facing brand, website, and remittance comparison/facilitation platform operated by Kavash Ventures.
• “Service” refers to the Website and the facilitation of cross-border value transfer information to Zimbabwean EcoCash wallets and related accounts.

2. Information We Collect

A. Information You Provide to Kavash Ventures

When utilizing the Zimbasave platform, you may provide the following categories of Personal Information to Kavash Ventures:

• Identity Data: Full legal name, date of birth, and government-issued identification details as required for Know Your Customer (KYC) compliance.
• Contact Data: Email address, billing address, and telephone number.
• Transaction Data: Recipient names, amount of transfer, and payment instructions.
• Financial Data: Payment card type, last four digits of card number, and billing verification details.

B. Information Collected Automatically

As you navigate the Zimbasave Site, Kavash Ventures employs automated data collection technologies (cookies, web beacons, server logs) to gather:

• Usage Data: IP address, browser type, operating system, referring URLs, and clickstream data.
• Device Data: Unique device identifiers and mobile network information.

3. Use of Personal Information by Kavash Ventures

Kavash Ventures uses the information collected via Zimbasave for the following lawful business purposes:

1. Performance of Contract: To process and facilitate your requested remittance instructions and to communicate with you regarding the status of your transaction.
2. Compliance with Legal Obligations: To verify your identity, screen against sanctions lists, and maintain records as required by applicable Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations.
3. Legitimate Interests: To maintain the security and integrity of the Zimbasave platform, detect and prevent fraud, and provide customer support.
4. Consent: To send you promotional materials, newsletters, and Zimbasave Wisdom blog updates, provided you have not opted out of such communications.

4. Disclosure of Your Information

Kavash Ventures does not sell, rent, or trade your Personal Information to third parties for their own marketing purposes. We may disclose your information to the following categories of recipients:

• Affiliates and Subsidiaries of Kavash Ventures: For internal administrative purposes and service support.
• Third-Party Service Providers: Vendors acting on behalf of Kavash Ventures to perform functions such as payment processing, identity verification, and cloud hosting. These entities are bound by contractual obligations to maintain the confidentiality and security of your data.
• Regulatory and Governmental Authorities: Kavash Ventures may disclose Personal Information if required to do so by law or in response to valid requests by public authorities (e.g., a court or a government agency).

5. Data Retention

Kavash Ventures will retain your Personal Information only for as long as is necessary to fulfill the purposes outlined in this Privacy Policy and to satisfy any legal, accounting, or reporting requirements applicable to Kavash Ventures’ operations. Transaction records related to Zimbasave may be retained for a minimum period mandated by financial regulatory bodies.

6. International Data Transfers

Your information may be transferred to, and maintained on, computers located outside of your state, province, country, or other governmental jurisdiction where the data protection laws may differ from those in your jurisdiction. Kavash Ventures will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy.

7. Security of Data

Kavash Ventures implements appropriate technical and organizational measures designed to protect the security of your Personal Information processed through the Zimbasave platform. However, no method of transmission over the Internet or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your Personal Information, we cannot guarantee its absolute security.

8. Children’s Privacy

The Zimbasave Service is not directed to individuals under the age of eighteen (18). Kavash Ventures does not knowingly collect personally identifiable information from children under 18. If you are a parent or guardian and you are aware that your child has provided us with Personal Information, please contact us.

9. Changes to This Privacy Policy

Kavash Ventures reserves the right to update this Privacy Policy at any time. We will notify you of any changes by posting the new Privacy Policy on the Zimbasave Site. You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.

10. Contact Information for Kavash Ventures

If you have any questions about this Privacy Policy or the data practices of Kavash Ventures regarding Zimbasave, please contact our Data Protection Officer at: