Information We Collect

We collect information that helps us provide personalized budgeting solutions and improve your financial planning experience. Our data collection practices are designed to be transparent and purposeful.

Information Collection Methods

• Direct input through account registration and budget setup processes
• Automatic collection through cookies and similar tracking technologies
• Integration with third-party financial institutions you authorize
• Communication records from customer support interactions
• Analytics data to understand platform usage and improve user experience

How We Use Your Data

Your information enables us to deliver personalized budgeting experiences and continuously improve our financial planning tools. We process your data based on legitimate business interests and your consent where required.

Primary Uses

• Providing flexible budgeting tools tailored to your financial goals
• Generating personalized spending insights and budget recommendations
• Maintaining account security and preventing unauthorized access
• Delivering customer support and resolving technical issues
• Sending important account updates and service notifications
• Conducting internal research to enhance platform features

Marketing Communications

With your consent, we may send educational content about budgeting strategies, feature updates, and tips for financial planning. You can opt out of marketing communications at any time through your account settings or email unsubscribe links.

Information Sharing and Third Parties

We limit data sharing to essential service providers and never sell your personal information. Our partnerships are carefully selected to support your budgeting experience while maintaining strict privacy standards.

Authorized Sharing Situations

• With cloud service providers for secure data storage and processing
• Payment processors for subscription and transaction handling
• Analytics partners for understanding platform performance (anonymized data only)
• Customer support tools to provide efficient assistance
• Legal compliance when required by South Korean privacy laws or court orders
• Business transfers if ownership of Megora Ultrify changes (with advance notice)

Third-Party Services

When you choose to connect bank accounts or other financial services, we facilitate secure connections through encrypted APIs. These integrations require your explicit authorization and can be revoked at any time through your account dashboard.

Your Privacy Rights

As a user of Megora Ultrify, you have comprehensive control over your personal information. We've designed easy-to-use tools for exercising these rights directly through your account.

Exercising Your Rights

Most privacy rights can be exercised directly through your account dashboard under "Privacy Settings." For complex requests or account deletion, contact our privacy team at contact@megora-ultrify.com. We respond to all privacy requests within 72 hours and complete most actions within 15 business days.

Security Measures

Protecting your financial information requires multiple layers of security. We implement industry-leading safeguards and regularly update our security protocols to address emerging threats.

Incident Response

In the unlikely event of a security incident, we notify affected users within 72 hours and provide detailed information about the scope, potential impact, and remediation steps. Our incident response team works with cybersecurity experts to minimize any potential harm and prevent future occurrences.

Data Retention Periods

We retain personal information only as long as necessary for providing services, complying with legal requirements, and maintaining account security. Different types of data have specific retention schedules based on their purpose and regulatory requirements.

Automated Deletion

Our systems automatically delete expired data according to established retention schedules. You receive advance notice before any significant data deletion, and you can request early deletion of most information types through your account settings.

International Data Transfers

While Megora Ultrify operates primarily within South Korea, some of our service providers may process data in other jurisdictions. All international transfers comply with South Korean privacy laws and include appropriate safeguards.

Transfer Safeguards

• Adequacy decisions recognizing equivalent privacy protections
• Standard contractual clauses approved by South Korean authorities
• Binding corporate rules for multinational service providers
• Additional encryption and access controls for international processing
• Regular compliance audits of international partners

We maintain an updated list of countries where your data may be processed, available in your account privacy dashboard. You can object to specific international transfers, though this may limit some platform features.

Privacy Questions and Concerns

Our privacy team is available to address questions, process rights requests, and handle privacy-related concerns. We're committed to transparent communication about our data practices.

Policy Updates

We review this privacy policy annually and update it when our practices change or new regulations take effect. Significant changes trigger email notifications to active users, and we maintain a version history in your account dashboard. Continued use of Megora Ultrify after policy updates indicates acceptance of the revised terms.

For questions about specific privacy practices not covered in this policy, or to report potential privacy violations, contact our privacy team directly. We investigate all privacy concerns thoroughly and provide detailed responses about our findings and any corrective actions taken.