Terms of Use (TOU) and Privacy Policy Magowallet

Last updated: [03/12/2025]

Welcome to Magowallet. By accessing or using our services, you fully accept these Terms of Use and our Privacy Policy.

1. Terms of Use (TOU)
1.1. Services Offered
Magowallet is a digital platform that provides:
• The creation and use of virtual cards for online purchases.
• Account top-ups via multiple methods available in your country.
• Simple, fast, and secure management of your digital payments.

The services are intended for users aged 18 and above, residing in authorized geographical areas.

1.2. User Obligations
The user agrees to:
• Provide accurate, complete, and verifiable information during registration.
• Protect access to their account and not share login credentials.
• Use the services in compliance with local and international laws.

Any fraudulent use or suspicious activity is strictly prohibited and may result in penalties.

1.3. Payments, Fees, and Limits
Magowallet may apply certain fees for:
• Virtual card creation.
• Transactions processed.
• Top-ups or withdrawals, depending on the method used.

All fees will be clearly displayed before each operation, and users can view the fee schedule at any time within the application.

1.4. Account Suspension or Termination
Magowallet reserves the right to:
• Temporarily suspend an account in case of unusual activity.
• Limit certain functions for security reasons.
• Permanently terminate an account in the event of non-compliance with rules, attempted fraud, or serious violation of these terms.

The user will be notified via email or within the application in case of administrative action on their account.

2. Privacy Policy
2.1. Data Collection
To ensure a secure service, Magowallet may collect:
• Your account creation information (name, email, phone number).
• Information necessary for transactions.
• Technical data for security purposes (IP address, device used, activity logs).

We never sell your personal data.

2.2. Use of Data
Data is used to:
• Verify and secure your identity.
• Provide our financial and technical services.
• Prevent fraud and protect the platform.
• Improve application features.

2.3. Data Sharing
Your data may only be shared with:
• Our certified payment partners.
• Legal authorities in case of official obligation or investigation.

No sharing is conducted without valid and legally compliant reasons.

2.4. Security
Magowallet uses advanced security protocols to protect:
• Transactions.
• Virtual cards.
• Sensitive data.

However, no platform is entirely risk-free. Users are also responsible for the security of their access credentials.

2.5. User Rights
You have the right to:
• Access your personal data.
• Request corrections in case of errors.
• Request the deletion of your account.

All requests can be made via customer support directly within the application.

3. Modifications to the Terms
Magowallet may update the TOU and Privacy Policy at any time.
Changes will be notified via the application or on our official website.