At Jazari, we are committed to protecting and respecting your privacy. This policy explains how we collect, use, share, and protect your personal data when you use our products and services.
For data protection purposes, Alif Financial Ltd is the data controller for your personal data related to Jazari services. PayrNet Ltd acts as a joint controller for data associated with your electronic money account and card.
Jazari and Jazari Money is a trading name of Alif Financial Ltd UK, a company registered with Companies House under number 13467148. Alif Financial Ltd is authorised by the Financial Conduct Authority (FCA) as an agent under the Electronic Money Regulations 2011 (Firm Reference Number: 903134). Its registered address is: 4th Floor 58-59 Great Marlborough Street, London, England, W1F 7JY.
Alif Financial Ltd (trading as Jazari Money) operates as an agent of PayrNet Limited, a company registered in England and Wales under company number 09883437. PayrNet Limited is authorised by the FCA under the Electronic Money Regulations 2011 (FCA reference: 900594) to issue electronic money and provide payment services.
The Financial Services Compensation Scheme does not cover electronic money accounts. This means there is no compensation scheme in place to protect you from losses in the event of insolvency. However, your funds are held in one or more segregated accounts with regulated third-party credit institutions, in accordance with the safeguarding requirements of the Electronic Money Regulations 2011. While these measures aim to protect your funds, there is a small risk that, in the unlikely event of the insolvency of the credit institution holding your safeguarded funds, your money may be at risk.
The Jazari Card and Jazari Account are issued by PayrNet Limited, which is authorised by the FCA under the Electronic Money Regulations 2011 (FCA reference: 900594) to issue electronic money and provide payment services.
If you have any questions or requests regarding your personal data, you can contact us at: privacy@jazari.money
We may collect and use the following types of personal data:
Information you provide directly:
Name, date of birth, address
Contact information (email, phone number)
Identification documents (e.g., passport, utility bill)
Bank account and card details
Employment and income details (if applying for RNPL)
Any data you enter into our apps, forms, or communications
Information we collect automatically:
IP address, device details, and browser type
Usage data (clicks, page views, time spent)
Transactional data (payment amount, recipient details, time, location)
Information from others:
Open Banking data from your linked accounts (via Bud)
Credit scoring and financial wellness data (via SteadyPay)
Identity verification data (via Onfido)
Cross-border remittance data (via Terrapay)
We do not collect biometric data.
We use your personal data under the following legal grounds:
Contractual necessity: To deliver services and fulfill our agreement with you
Legal obligation: To comply with financial regulations and anti-money laundering laws
Legitimate interest: To improve our services, prevent fraud, and understand our users
Consent: Where required (e.g., certain marketing or data sharing preferences)
Purpose
Legal Basis
Account creation and identity verification
Contract, Legal Obligation
RNPL eligibility checks (automated decision-making via SteadyPay)
Legitimate Interest, Contract
Transaction processing
Contract
Customer support
Contract, Legitimate Interest
Fraud prevention
Legal Obligation, Legitimate Interest
Service improvements
Legitimate Interest
Marketing communications
Consent, Legitimate Interest
Legal compliance and enforcement
Legal Obligation
We use automated decision-making for our Remit Now, Pay Later (RNPL) eligibility checks. These use financial data (via SteadyPay and Bud) to assess your suitability. If you disagree with a decision, you may request a human review by contacting support.
We only share your data with trusted partners when necessary:
Partner
Purpose
Railsr
Holds customer deposits, processes card payments and transactions
SteadyPay
Supports RNPL with instant credits during remittance
Terrapay
Provides international remittance services outside the UK
Onfido
Identity verification and AML screening
getaddress.io
Address lookup for simplified onboarding
Bud
Open Banking integration and credit scoring
Google Cloud & CockroachDB
Platform hosting and cloud database management
Google Workspace & Auth0
Identity and access management for back-office operations
Intercom
Customer support chat and automation platform
SendGrid
Email notifications and verification services
TeleSign
OTP and CAPTCHA services for login and fraud protection
Manychat
Waitlist and WhatsApp messaging platform
Framer
Website hosting for jazari.money landing page
OneSignal
Push notifications platform
All partners are required to meet strict data security and privacy obligations in line with GDPR and industry standards.
We may transfer your data outside the UK/EEA when required for international payments or outsourced services. These transfers are protected using Terrapay’s secure systems and standard contractual safeguards to ensure an equivalent level of protection.
We retain personal data for up to 7 years after your relationship with us ends, in line with UK financial and legal requirements.
You have the right to:
Access the personal data we hold about you
Request correction or deletion of your data
Object to or restrict certain types of processing
Request data portability
Withdraw consent at any time (where applicable)
Request human review of automated decisions