Privacy Policy
Last updated: June 2026
1. General Information and Scope
PawnShopApp (the 'App') acts strictly as a Peer-to-Peer (P2P) intermediary technology platform. We are not a financial institution, direct lender, or traditional pawnshop. This policy details how we collect, use, and protect your information.
2. Data Collection
We collect personal information necessary to operate the platform and comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. This includes, but is not limited to: identity data (name, ID), facial biometrics (processed locally), financial data (in-app transaction history), and geolocation data (for the security of the physical exchange of collateral).
3. Use of Information
Your data is used exclusively to: (a) Facilitate the connection between borrowers and investors; (b) Mitigate fraud risks through identity validation; (c) Comply with legal and regulatory requirements. PawnShopApp does not sell or share your personal information with third parties for marketing purposes.
4. Personal Loans Policy (Google Play Compliance)
In compliance with Google Play's loan policy: (1) The minimum repayment period allowed on the platform is 61 days. (2) The Maximum Annual Percentage Rate (APR) is internally capped at 88% annually (or 9% monthly), varying according to local territory regulations. All transactions transparently display the total cost prior to acceptance.
5. Data Security and Retention
We employ bank-grade security standards (Zero-Trust, AES-256 encryption). We retain your data only as long as your account is active or as required by law. You have the right to request the deletion of your account and associated personal data at any time through the application settings.