Every interaction with 500Shops and all connections with payment partners use bank-level encryption and secure connections that are impossible to eavesdrop on.
All of your information is kept under your control, and is kept private unless explicitly shared with another person by you. All of your banking data is stored securely in separated systems, and is only stored for enough time to use that data to set up accounts at our payments and identity verification partners. All sensitive data is securely cleaned from our systems as soon as it is no longer needed. All passwords are stored using advanced encryption techniques that are far better than required by any security compliance program.
Our hosting provider maintains active SOC1, SOC2, PCI DSS Level 1, and ISO 27001 certifications to ensure the highest levels of both physical and virtual security. Third party audits are conducted yearly to ensure the highest levels of logical and physical security, change management controls, incident handling and response, data integrity, availability and redundancy.
We will never, ever, ever provide it to third parties for any purpose other than to provide you with service, nor use your information to sell you random things.
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