GDPR compliance for payments
Equiti Pay is compliant with GDPR standards. Protect customer rights, speed up onboarding, automate data consent and processing, plug-in data breach protocols, and scale up your revenues through faster cross-border transfers.
About GDPR for payments
The General Data Protection Regulation (GDPR) is the highest data protection standard within the European Union (EU) and European Economic Area (EEA). GDPR compliance for payment technology refers to implementing stringent data protection and privacy measures, specifically for processing and securing personal data within payment systems.
This compliance ensures that payment technology operations within the EU, or dealing with EU citizens' data, maintain the highest levels of confidentiality, integrity, and availability of personal data, while also ensuring transparency, legal processing, and user control over their data. Key aspects include secure data handling, prompt breach notifications, data minimisation, and ensuring user rights such as access, rectification, and erasure of data
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