This information applies when you as a potential customer (“you”, “your”) use Sileon’s BNPL SaaS Solution including the free trial account.

Sileon AB (“Sileon”, “we”, “our”), organization number 556584-5889, Box 4169, 102 64 Stockholm, Sweden, is the controller when processing of personal data relating to potential customers who will use the BNPL SaaS solution.

Sileon’s processing of personal data complies with applicable data protection legislation, including but not limited to the General Data Protection Regulation (EU) 2016/679 (“GDPR”).

Sileon will only, when using Sileon’s BNPL SaaS solution (also valid for the Trial account) , process data concerning your first name, last name, email, company name and country or region. Sileon, as the controller shall be responsible for, and be able to demonstrate compliance relating to processing of personal data. Your personal data shall therefore be:

(a) processed lawfully, fairly and in a transparent manner in relation to the data (‘lawfulness, fairness and transparency’),

(b) collected for specified, explicit and legitimate purposes and not further processed in a manner that is incompatible with those purposes; further processing for archiving purposes in the public interest, scientific or historical research purposes or statistical purposes shall, in accordance with Article 89 (1), not be considered to be incompatible with the initial purposes (‘purpose limitation’),

(c) adequate, relevant and limited to what is necessary in relation to the purposes for which they are processed (‘data minimisation’),

(d) accurate and, where necessary, kept up to date; every reasonable step must be taken to ensure that personal data that are inaccurate, having regard to the purposes for which they are processed, are erased or rectified without delay (‘accuracy’),

(e) kept in a form which permits identification of data subjects for no longer than is necessary for the purposes for which the personal data are processed; personal data may be stored for longer periods insofar as the personal data will be processed solely for archiving purposes in the public interest, scientific or historical research purposes or statistical purposes in accordance with Article 89(1) subject to implementation of the appropriate technical and organisational measures required by this Regulation in order to safeguard the rights and freedoms of the data subject (‘storage limitation’);

(f) processed in a manner that ensures appropriate security of the personal data, including protection against unauthorised or unlawful processing and against accidental loss, destruction or damage, using appropriate technical or organisational measures (‘integrity and confidentiality’).

This means, for instance, that a person who uses the Sileon’s BNPL SaaS solution shall be absolutely sure that Sileon only processes their data for the given purposes, and that Sileon has a legal ground for the processing of your data. Sileon shall at the Customer’s election, delete all Customer personal Data unless required by applicable law to retain Customer Personal Data.

Sileon will notify the Customer without undue delay on becoming aware of a Customer Personal Data Security breach, and notified shall be held harmless from any resulting breach.

In other respects and such as complimenting information Sileon’s Privacy Policy applies in relevant and applicable parts: www.paynova.com/en-us/privacy-policy.

This policy was established in August 2023.

Sileon AB
Box 4169
102 64 Stockholm

email: dso@sileon.com