U-pay24 Terms of Service

Article 1 (Purpose)

The purpose of these Terms and Conditions is to define the rights, obligations, and responsibilities of the Company and the Member (hereinafter referred to as the "Member") in registering as a member of the MSP wallet (hereinafter referred to as the "Service"), a digital wallet service provided by the U-pay24.com (hereinafter referred to as the "Company"), and using it.

Article 2 (Definitions of Terms)

1.  "Blockchain" refers to a distributed data storage method that records transaction details in a ledger that anyone can read, and replicates and stores them on each computer participating in the blockchain network.

2.  "Token" refers to a digital asset in the form of a coin or token issued through a smart contract on a blockchain.

3.  A "smart contract" is a set of code written in a language that can be operated programmatically on the blockchain.

4.  "Service" refers to Klip, the digital wallet service provided by the Company, regardless of the terminal (including various wired and wireless devices such as PCs, portable terminals, etc.), and all services related to Klip.

5.  "Member" refers to an individual who has signed a use contract with the Company in accordance with these Terms and Conditions and uses the services provided by the Company.

6.  "Account" refers to the service account created to identify the user in the service and granted to the member who agrees to these terms and concludes a service agreement with the company.

7.  "Wallet" means a digital wallet used to store digital assets associated with a Member's account, and a service that allows a Member to send and receive digital assets between an external wallet with similar functions and an MSP wallet.

8.  "Account Address" means a unique identifier that exists on the blockchain to record changes in digital assets between members on the Service.

9.  "Password" means a combination of numbers determined by the Member himself or herself to confirm that the Member is a Member and to protect confidentiality that matches the Account and Account Address.

10. "Digital assets" refers to all data on the blockchain, including coins, tokens, NFTs, etc., that are stored and exchanged electronically through the Service.

11. A "Private Key" is a unique combination of letters and numbers that is required for the transfer, transaction, signature, and operation of smart contracts of digital assets held by the account address.

The definitions of terms used in these Terms and Conditions shall be in accordance with the relevant laws and general commercial practices, except as provided in the preceding paragraph.

Article 3 (Publication and Revision of Terms)

1.     The Company will post the contents of these Terms and Conditions on the initial screen of the service so that members and users can easily understand them.

2.     The Company may revise these Terms and Conditions to the extent that it does not violate relevant laws such as the "Act on the Consumer Protection in Electronic Commerce, etc.", the "Act on the Regulation of Terms and Conditions", the "Act on Promotion of Information and Communications Network Utilization and Information Protection, etc. (hereinafter referred to as the "Information and Communications Network Act"), the "Personal Information Protection Act", and the "Consumer Protection Act".

3.     In the event that the Company amends the Terms and Conditions, the effective date and the reason for the amendment shall be specified and notified from 15 days before the effective date of the amended Terms and Conditions to the day before the effective date in accordance with the method set forth in Paragraph 1 along with the current Terms and Conditions. However, in the event of a revision of the Terms and Conditions that is disadvantageous to the Member, in addition to the notice, the Company shall be notified separately and clearly through electronic means such as text message, in-service e-mail for a certain period of time, and login pop-up window in addition to the notice 30 days prior to the effective date of the amended Terms and Conditions.

4.     If the Company announces or notifies the amended Terms and Conditions pursuant to the preceding Paragraph and clearly notifies or notifies the Member that the expression of intent will be deemed to have been expressed if the Member does not express his/her intention within the 15-day period, the Member shall be deemed to have agreed to the amended Terms and Conditions. However, in the event of a change that is disadvantageous to the user, the change will be notified or notified 30 days before the effective date.

5.     If the Member does not agree to the application of the amended Terms and Conditions, the Company shall not be able to apply the contents of the amended Terms and Conditions, and in this case, the Member may terminate the Use Contract. However, if there are special circumstances that make it impossible to apply the existing terms and conditions, the Company may terminate the use contract.

Article 4 (Terms and Conditions)

Matters not stipulated in these Terms and Conditions and the interpretation of these Terms and Conditions shall be governed by the relevant laws and regulations of the Republic of Korea or the individual terms and conditions of service and general business practices set by the Company.

Article 5 (Conclusion)

1.     The use agreement is concluded when the person who wishes to become a member (hereinafter referred to as the "applicant") agrees to the contents of the Terms and Conditions and then applies for membership and the Company agrees to such application.

2.     In principle, the Company accepts the use of the service upon the application of the applicant. However, the Company may not approve any of the following applications or may terminate the use contract even after approval.

.          If the applicant has previously lost his or her membership in accordance with these Terms and Conditions, except in the case of obtaining the Company's consent to re-join the membership.

a.     If you are not your real name or use someone else's name

b.     In the event that false information is entered or the contents presented by the Company are not filled in

c.      If you are under the age of 14

d.     In the event that approval is not possible due to reasons attributable to the member or user, or if the application is made in violation of all other stipulated matters

e.     In accordance with the laws outside the Republic of Korea in effect in the Member's place of residence, the use of the Service constitutes or threatens to constitute a violation of such law.

f.        If thirty (30) days have not elapsed since the applicant applied for withdrawal from the existing service.

g.     If the applicant attempts to re-join or sign up for a new service while subscribed to an existing service

h.     If you are a non-resident alien who does not have an alien registration card

3.     In accordance with Paragraph 1, the Company may request real name and identity verification through a specialized organization.

4.     The Company may withhold approval if there is no availability of service-related facilities or if there is a technical or business problem.

5.     In the event that the application for membership is not approved or withheld in accordance with Paragraphs 2 and 4, the Company shall notify the applicant of this in principle.

6.     The Company may differentiate the use of members by dividing them into grades according to the company's policy, and subdividing them into usage hours, number of uses, service menus, etc.

Article 6 (Modification of Member Information)

1.     Members can view their personal information at any time through the personal information management screen. When you want to modify your personal information, you can do so by verifying your identity through your mobile phone.

2.     If there is a change in the information provided in the membership application, the member must make the correction online or notify the company of the change by e-mail or other means.

3.     The Company shall not be liable for any disadvantages incurred as a result of not notifying the Company of the changes in Paragraph 2.

Article 7 (Obligations to protect personal information)

The Company strives to protect the personal information of its members in accordance with relevant laws and regulations, such as the Personal Information Protection Act, the Information and Communications Network Act, and the Act on Promotion of Information and Communications Network Utilization and Information Protection, etc. The protection and use of personal information is subject to applicable laws and the Company's privacy policy. However, the Company's privacy policy does not apply to linked sites other than the Company's official website.

Article 8 (Obligation to manage information such as "password" of "Member")

1.     Members are responsible for managing their passwords, and they must not allow a third party to use them.

2.     If the Member becomes aware that the password has been stolen or used by a third party, the Member shall immediately notify the Company and follow the Company's guidance.

3.     In the case of Paragraph 2, the Company shall not be liable for any disadvantages caused by the failure of the Member to notify the Company of the fact, or even if the Company is notified, the Company shall not follow the Company's guidance.

4.     The Company is not responsible for any damage caused to the Member due to the loss, theft or disclosure of access information such as the Member's password. However, this does not apply if it is due to the Company's intention or negligence.

Article 9 (Notice to the "Member")

1.     In the event that the Company notifies the Member of information related to the Service while operating the Service, the Company shall notify the Member individually by sending an e-mail to the Member's e-mail address held by the Company, or by sending a KakaoTalk message, SMS to a mobile phone, or a pop-up within the Service.

2.     In the case of a notice to all members, the Company may respond to the notice in Paragraph 1 by posting it on notices within the Service for at least 7 days.

Article 10 (Obligations of the "Company")

1.     The Company does not engage in any act that violates the relevant laws, the Terms and Conditions, or the general common sense, and strives to provide the service continuously and stably.

2.     Members' private keys are safely stored and managed by the Company and are protected through electronic security measures and operational measures to prevent forgery, alteration, damage, etc.

3.     The Company shall have a security system in place to protect personal information so that members can use the service safely, and shall notify and comply with the privacy policy.

4.     The Company shall have the necessary manpower and systems to appropriately handle complaints or requests for damage relief from members and users arising from the use of the Service.

5.     If the Company deems that any opinion or complaint raised by a Member in relation to the use of the Service is justified, the Company shall handle it. For opinions or complaints raised by members, the process and results will be communicated to members through e-mail.

Article 11 (Obligations of "Members")

1.     Members shall not engage in any of the following acts.

.          Registration of false information when applying or changing

a.     Stealing information from others

b.     Changes to Information Published by the Company

c.      Transmission or posting of information (computer programs, etc.) other than the information prescribed by the Company

d.     Infringement of intellectual property rights, such as copyrights of the Company and other third parties;

e.     Acts that damage the reputation of the Company and other third parties or interfere with their business

f.        Disclosing or posting obscene or violent messages, images, audio, or other information that violates social order on the service.

g.     Using the service for commercial purposes without the consent of the Company

h.     Sending or receiving digital assets in an unusual way

i.        Sending and receiving transactions for speculative purposes other than normal service use

j.        Using digital assets to help motivate or enforce illegal activities.

k.      Illegal activities such as multi-level and similar reception

l.        Other illegal or unfair activities

2.     Members shall comply with the relevant laws, the provisions of these Terms and Conditions, the precautions announced in relation to the usage guide and service, and the matters notified by the Company, and shall not engage in any other acts that interfere with the Company's business.

Article 12 (Provision of "Services", etc.)

1.     The Company provides the following services to its members

.          Creation of a new account address

a.     Verification of digital assets held

b.     Transfer of Digital Assets

c.      Registration and release of tokens displayed through the service

d.     Any services that are further developed by other companies or provided to members through partnership agreements with other companies, etc.

2.     In principle, the service is provided 24 hours a day, seven days a week.

3.     The Company may temporarily suspend the provision of services in the event of maintenance, inspection, replacement, or breakdown of information and communication facilities such as computers, interruption of communication, or substantial reasons for operation. In this case, the Company shall notify the Member in the manner prescribed in Article 9 [Notice to the Member]. However, if there is an unavoidable reason why the Company cannot notify in advance, it may be notified after the fact.

4.     The Company may conduct periodic maintenance if necessary for the provision of services, and the regular maintenance time shall be as announced on the service provision screen. In addition, during periodic inspections, restrictions may be placed on the use of some or all of the services, and the Company is not responsible for any damages caused by such inspections unless it is intentional or negligent.

5.     The service allows you to send digital assets, including tokens, held to an external account address. The Member is responsible for the accuracy of the external account address provided by the Member, and the Company is not responsible for sending Tokens or Digital Assets to the External Account address provided by the Member incorrectly.

6.     The Company shall not be liable for any problems in which some functions in the Service are restricted due to failures or inspections of the services of third parties connected to the Service, unless there is an intentional or negligent act of the Company. In this case, the Member shall be notified or notified.

7.     Please pay special attention to the use of unsupported wallets and cross-network digital asset transfer services.

8.     Members may incur transaction fees on each chain when transferring tokens and executing contracts

9.     Notwithstanding Paragraph 1, the Company may restrict the use or access of some content or services to members under the age of 19 if the Company deems it necessary for the protection of minors.

Article 13 (Changes and Interruptions of the "Service", etc.)

1.     The Company may change all or part of the services it provides in accordance with operational or technical needs in the following cases or when there is reasonable reason to suspect that such facts exist.

.          If any illegal activity occurs through the Service

a.     In the event of maintenance and inspection of information and communication facilities such as computers, replacement or breakdown of equipment, interruption of communication, etc.

b.     When there are unavoidable circumstances due to maintenance of facilities for service, etc.

c.      In the event that the normal use of the service is hindered due to power outage, failure of various facilities, or congestion of the amount of use, etc.

d.     In the event of a nationwide or regional network failure

e.     In the event of an unavoidable circumstance that the service cannot be provided due to management reasons, etc.

f.        In the event of force majeure such as natural disasters, national emergencies, or restrictions or restrictions on the laws/policies of each country

2.     If there is a change in the contents, usage method, or time of use of the Service, the reason for the change, the contents of the Service to be changed, and the date of provision shall be posted on the initial screen of the Service prior to the change, or notified in accordance with Article 9 [Notice to "Members"]. However, this shall not be the case if it is not possible to notify or notify members due to reasons beyond the Company's control or emergency reasons.

3.     The Company may modify, discontinue, or change any or all of the services provided free of charge as necessary for the Company's policies and operations, and shall not compensate the Member separately unless otherwise stipulated in the relevant laws.

4.     If the member does not agree to the change in the service, he or she may express his or her refusal to the company and terminate the service contract.

5.     The Company shall not be liable for any problems arising from the change or discontinuation of the Service, unless the Company intentionally or negligently committed it.

Article 14 (Provision of Information and Publication of Advertisements)

1.     The Company may provide various information deemed necessary by the Member during the use of the Service to the Member through notices, e-mails, KakaoTalk messages, etc. However, members may refuse to receive e-mails at any time, except for transaction-related information and responses to customer inquiries in accordance with relevant laws.

2.     In the event that the information in Paragraph 1 is to be transmitted by telephone or simulated transmission device, the information shall be transmitted with the prior consent of the member. However, it is excluded when replying to members' transaction-related information and customer inquiries.

3.     In connection with the operation of the service, the Company may place advertisements on the service screen and website, and may provide them to members who have agreed to receive them by means of e-mail or KakaoTalk messages.

4.     The Company shall not be liable for any loss or damage arising from the Member's participation, correspondence, or transactions with advertisers posted on the Service or through the Service.

5.     All advertisements, services, links to other websites, and other materials made through the dApp Service are provided to the Member by a third party, and the Company does not have any rights or interest in any services or actions provided by the third party.

Article 15 (Cancellation, Termination, etc.)

1.     A member may terminate the use contract at any time by notifying the company of his or her intention to terminate through a withdrawal application, and the use contract will end when the member's intention to terminate reaches the company. However, members must apply for termination after transferring digital assets such as tokens to the outside in accordance with the company's termination criteria and procedures.

2.     If a Member who has terminated pursuant to this Article applies for re-enrollment, he or she may be restricted from joining for thirty (30) days, subject to the Company's policy.

3.     The Company may terminate the Contract of Use if there are any of the following reasons. In this case, the Company notifies the Member of the intention to terminate by stating the reason for termination through e-mail, telephone, fax or other methods. In this case, the Company shall give the Member an opportunity to express his or her opinion on the reason for termination in advance, and the use contract shall be terminated when the Company's intention to terminate reaches the Member.

.          When it is confirmed that the member has a reason for refusing to accept the application for use as stipulated in Article 5, Paragraph 2

a.     In the event that a member violates these Terms and Conditions

b.     In the event of violating relevant laws and regulations, such as providing illegal programs and obstructing service operation, illegal communication and hacking, distribution of malicious programs, and exceeding access rights.

c.      In the event that the Company engages in any act or attempts to interfere with the smooth progress of the services provided by the Company.

d.     In other cases, when the Company deems it necessary to refuse to provide the service based on reasonable judgment.

4.     In the event of termination of the use contract pursuant to this Article, all benefits obtained by the Member through the use of the Service shall be forfeited, and the Company shall not compensate for this.

5.     When the termination of the use contract is completed, all information of the member will be deleted after thirty (30) days, except for the information that the Company is required to retain in accordance with the relevant laws and the privacy policy.

6.     Notwithstanding the preceding Paragraph, if the Company terminates the Use Agreement pursuant to Paragraph 3, the Company may retain the Member's information for a certain period of time for the purpose of receiving and processing the Member's objection.

7.     In the event that the Member is unable to use the Service due to the permanent suspension of the Kakao Account linked to the Service, the Member may terminate the contract (withdraw membership) through the Customer Center in accordance with a separate method determined by the Company. However, please note that it is not possible to guarantee or refund digital assets due to contract termination (withdrawal of membership).

8.     In the event that the Company proceeds with the termination of the contract (withdrawal of membership) pursuant to Paragraph 7, Paragraphs 2 to 6 shall apply in the same way, and the Company shall not be liable for any disadvantages arising therefrom.

Article 16 (Exchanging Tokens)

1.     Members can use the Token Exchange service, which is a service provided by a third party (or executed based on a contract deployed on the network). Token exchange is not a service operated by the company, and if you have any questions about this service, please check with the person in charge of each network.

2.     When using token exchange, the value of the digital asset may be lost due to the fluctuations in the market price. Members should be aware of this fact when using the service.

3.     The Company does not provide any recommendations, advice, or opinions on token exchange to members under any circumstances. All decisions regarding the use of Token Exchange and the responsibility resulting therefrom belong solely to the Member.

4.     The range of token exchange services available to members through the service may vary depending on the login path.

5.     Token exchange fees may apply.

Article 17 (Restrictions on Use, etc.)

1.     In any of the following cases, the Company may restrict the use of the service by warning, suspension, permanent suspension, termination of the use contract, etc.

.          In the event of a hacking or fraud incident

a.     Suspected impersonation

b.     When a government agency requests a service restriction in accordance with relevant laws and regulations.

c.      If you are involved in or reasonably suspect that you are involved in money laundering, unfair trade, criminal acts, etc.

d.     If the registered user is confirmed to be under the age of 14

e.     If the member violates the obligations of the Terms and Conditions or interferes with the normal operation of the service

f.        If you do not know your identity information or it is difficult to identify yourself

g.     When a minor uses or intends to use content that is prohibited by relevant laws such as the Juvenile Protection Act

h.     In the event that any of the other reasons occur, or measures are required to prevent such occurrence

2.     In the event of a restriction on the use of the Service pursuant to the preceding Paragraph, the following restriction measures, including the contents of Paragraph 1 of Article 12 [Provision of the "Service"], may be applied in conjunction with each other.

a.     Restriction on the use and transfer of tokens and digital assets held by members

3.     Notwithstanding the preceding paragraph, the Company may immediately restrict or permanently suspend the use of the service if the Company deems it necessary to suspend the use of the service urgently, including in the case of violation of the relevant laws, such as impersonation and payment theft in violation of the Resident Registration Act, provision or obstruction of operation of illegal programs in violation of the Copyright Act and the Computer Program Protection Act, illegal communication and hacking in violation of the Information and Communications Network Act, distribution of malicious programs, and exceeding access rights. In the event of a restriction or permanent suspension of use pursuant to this Clause, the use of all digital assets, including tokens held in the Service, will be restricted or partially or completely unavailable. In such cases, the Company shall notify the Member of the relevant matter in the manner prescribed in Article 9 [Notice to the Member].

4.     In the event of a restriction or permanent suspension, the restricted status of the member may be lifted only if the cancellation conditions set by the company are met.

5.     If a member does not log in for more than one year, the Company may restrict the use of the member's information for the protection of the member's information and the efficiency of operation.

6.     Within the scope of the restriction of use in this Article, the Company shall follow the common sense and practice of the general online service in terms of the terms and details of the restriction.

7.     In the event that the Company restricts the use of the Service or terminates the Agreement pursuant to this Article, the Company shall notify in accordance with Article 9 [Notice to the "Member"].

8.     Members may file an objection to the restriction of use pursuant to this Article in accordance with the procedures prescribed by the Company. If the Company acknowledges that the objection is justified, the Company will immediately resume the use of the Service.

Article 18 (Limitation of Liability)

1.     In the event that a member incurs damage due to any of the following reasons, the Company shall not be liable for the damage unless it is due to the Company's intention or negligence.

.          If the service cannot be provided due to a natural disaster or equivalent national emergency, etc.

a.     In the event that the service becomes unavailable due to compliance with administrative actions and orders imposed by a government agency or under the law.

b.     In the event of service failure due to a failure of the blockchain platform, a defect in the outsourced system that cannot be managed by the company, or a reason attributable to the user

c.      In the event of a service failure of a telecommunications service provider, including a telecommunications service provider under the Telecommunications Business Act.

d.     In the event of a server failure due to a momentary increase in service access, etc.

e.     In the event that the contents of the information, data, and facts posted by the member in relation to the service are confirmed to be falsified or false.

f.        If there is no special provision in the relevant law regarding the use of services provided free of charge.

g.     In the event of a transaction between members or between members and a third party using the service as a medium.

h.     In the event of a loss due to the deposit of digital assets such as tokens for the account address that has been terminated (withdrawal from membership)

i.        In the event that there is no prior agreement and agreement between the Company and the Member for the dApp service, or in the event of a problem that occurs outside the scope of such agreement/agreement.

j.        In the event of any damage caused by the restriction or suspension of use in accordance with these Terms and Conditions

k.      When certain blockchain-based tokens are transferred to other blockchain-based wallets, etc., or vice versa.

2.     The Company shall not be liable for any loss or failure to obtain the expected benefit from the use of the Service.

3.     To the extent permitted by law, the Company does not make any direct or indirect promises or warranties regarding the Service not specified in these Terms and Conditions. In addition, the Company does not guarantee the value of any digital assets, including tokens.

4.     The price information for tokens and digital assets provided by the service is based on the market price provided by third-party exchanges, etc., and price errors may occur depending on the time of access and network conditions. The Company assumes no responsibility whatsoever for anything that may occur in reliance on such price information.

Article 19 (Indemnification)

1.     In the event that a member incurs damage due to the Company's responsible cause, the scope of the Company's compensation for damages includes ordinary damages as stipulated in the Civil Code, and the Company is liable for damages caused by special circumstances only when the Company knew or could have known of the circumstances.

2.     Notwithstanding the preceding paragraph, in the event of any of the following, the member may bear all or part of the responsibility.

.          If the Member does not immediately notify the Company of the cause of the damage or the fact that the damage has occurred even though the Member is aware of the occurrence of the damage.

a.     If a member intentionally or negligently leaks wallet-related account and transaction information to a third party or causes them to use the wallet.

b.     In addition, when there is intention or negligence of the member in the occurrence of damage

3.     The Company shall not be liable for any damages incurred by the Member due to reasons for which the Company is not responsible.

4.     If the information provided by the Member to the Company is not true, the Company may stop providing the service at any time and terminate the contract in whole or in part in accordance with these Terms and Conditions, and if the Company incurs any damage as a result, the Company may claim compensation from the Member.

5.     In the event that a member intentionally or negligently causes damage to the Company through acts that violate the law, the Terms of Use, or social order, such as interfering with the operation of the Company's services or related systems, the Company shall compensate for all damages incurred.

6.     If a member claims damages from the Company, the Company may compensate the member for the damage by paying digital assets to the member's wallet in agreement with the member.

Article 20 (Governing Law and Jurisdiction)

1.     Any litigation between the Company and the Member shall be governed by the laws of the Republic of Korea.

2.     Litigation regarding disputes between the Company and the Member shall be based on the Member's address at the time of filing the complaint, and if there is no Address, the Member's jurisdiction shall be subject to the exclusive jurisdiction of the District Court having jurisdiction over the Member's residence. However, if the address or residence of the member is not clear at the time of the complaint, the competent court shall be determined in accordance with the Civil Procedure Act.

3.     In the case of a member having an address or residence overseas, litigation regarding disputes between the Company and the Member shall be subject to the jurisdiction of the Seoul Central District Court of the Republic of Korea, notwithstanding the preceding paragraph.

Addendum

These terms and conditions are effective from November 1, 2024.

 

U-pay24 Service Privacy Policy

MSP KOREA (hereinafter referred to as the "Company") legally processes and safely manages personal information required for the MSP Wallet service (hereinafter referred to as "mspswap") in compliance with the Personal Information Protection Act and related laws and regulations in order to protect the freedom and rights of information subjects.

Accordingly, in accordance with Article 30 of the Personal Information Protection Act, in order to inform the information subject of procedures and standards regarding the processing of personal information, and to promptly and smoothly handle related grievances, the following personal information processing policy shall be established and disclosed.

contents

The Privacy Policy consists of the following:


 

  • Article 1 Purpose of processing personal information, items of personal information to be processed, period of retention and use
  • Article 2 Provision of Personal Information to Third Parties
  • Article 3 Matters Concerning Consignment of Personal Information
  • Article 4 Procedure and Method of Destruction of Personal Information
  • Article 5 Rights and Obligations of Information Subjects and Methods of Exercising Them
  • Article 6 Matters Concerning Measures to Ensure the Safety of Personal Information
  • Article 7 Installation, Operation and Rejection of Automatically Collecting Devices
  • Article 8 Matters Concerning the Person in Charge of Personal Information Protection
  • Article 9 Remedies for Infringement of Rights and Interests of Information Subjects
  • Article 10 Liability for Linked Sites
  • Article 11 Changes to the Privacy Policy

Article 1 Purpose of Processing Personal Information, Items of Personal Information, Period of Retention and Use

  1. The Company processes and retains personal information within the period of retention and use of personal information agreed upon at the time of collection of personal information from the information subject. However, in the following cases, it will be retained until the end of the reason.
    • If otherwise stipulated by other laws and regulations, until the relevant retention and use period
    • In the event that an investigation or investigation is underway due to a violation of relevant laws and regulations, until the conclusion of the relevant investigation or investigation.
    • If the receivable/debt relationship due to the use of the service remains, until the settlement of the receivable/debt relationship
  2. The Company will not use the use for any purpose other than the following purposes, and if the purpose of use is changed, the Company will take necessary measures, such as obtaining separate consent in accordance with Article 18 of the Personal Information Protection Act.
  3. In principle, the Company does not collect personal information from children under the age of 14.

Waiting

category

Purposes of processing

Items of personal information to be processed

Period of Retention and Use

1

Membership & Management

Confirmation of intention to become a member, identification and authentication of identity according to the provision of membership services, various notices and notifications, prevention of illegal use

(Required) E-mail ID, profile information (nickname, profile picture),

Linked with Google Authentication (CI)

※ Indirect collection through Google account linkage

30 days after withdrawal

Identity verification in response to a request to modify information

(Required) E-mail Information

※ It is collected and processed directly, and the company does not store or store information separately.

Until identity verification is completed

2

Use of the Service

Identification and authentication of digital wallet owners, storage, inquiry, and transfer of digital assets linked to member accounts

(Required) MSP, USDT, ETH Account Info, (Address, PrivateKey), Encrypted Password (PIN)

※ Your PrivateKey is encrypted in a form that no one can know and is stored safely.

30 days after withdrawal

Inquiries or complaints

 

Receipt and processing of requests for viewing, correction, deletion, and suspension of processing of personal information or proof of facts

(Required) External email account (email address or phone number), Consultation Talk user ID identifier

※ Consultation process after registering an inquiry by e-mail of the company

Three years

※ Preservation of records on service complaints or dispute settlement in accordance with the Act on Consumer Protection in Electronic Commerce, etc.

Additional customer verification to handle civil complaints, such as requests for correction of important information (password (PIN) reset, OTP change, Kakao account change)

(Required) Name, telephone number, and email address

Until the information subject completes the correction of important information.

3

Customer Consultation

Provision of event and advertising information, provision of customized services, and development of new services

(Optional) Email address, phone number, membership number (App User ID)

Until you withdraw your consent

Event winners' withholding tax report (only for those who are subject to tax and utility bills)

(Required) Name, telephone number, social security number, address

Five years

※ Framework Act on National Taxes

4

Events & Marketing

Identity verification, prize payment, and delivery processing

(Required) Name, telephone number, address

Until the end of the prize distribution

The information automatically generated and collected from users in the process of using the service is as follows.

In the process of using the service web/app, information such as device information (model name, OS, screen size, language and country information), IP address, cookies, service use record, access record, improper use record, and information necessary to check the safe operation environment of the service may be automatically generated and collected.

In addition, personal information that must be kept for a certain period of time according to laws and regulations and applicable laws are as follows.

Items to be retained

Applicable Laws and Regulations

Age

Records on contract or withdrawal of subscription, etc.

Article 6 of the Act on Consumer Protection in Electronic Commerce, etc. (Preservation of Transaction Records, etc.)

Five years

Records on payment and supply of goods

Five years

Records on consumer complaints or dispute settlement

Three years

Records on displays/advertisements

Six months

Internet communication, log record data, access location tracking data

Article 15(2) of the Protection of Communications Secrets Act (Obligation of Telecommunications Operators to Cooperate)

3 months

Books and supporting documents for all transactions stipulated by the tax law (withholding tax of event winners subject to tax and utility charges)

Article 85(3) of the Framework Act on National Taxes (Provision and Preservation of Ledgers, etc.)

Five years

Article 2 Provision of Personal Information to Third Parties

The Company processes the personal information of the information subject only within the scope specified in the purpose of processing the personal information, and provides the personal information to a third party only when it falls under Articles 17 and 18 of the Personal Information Protection Act, such as the consent of the information subject and special provisions of the law, and does not provide the personal information of the information subject to a third party otherwise. The Company provides personal information with the consent of the information subject in order to provide smooth services.

 

Article 3 Consignment of Personal Information Processing

  1. The Company entrusts the processing of personal information as follows for the smooth processing of personal information. If there is a change in the contents of the consignment or the consignee, it will be disclosed through this privacy policy without delay.
  2. In accordance with Article 26 of the Personal Information Protection Act, the Company specifies in documents such as contracts matters related to the prohibition of processing personal information other than for the purpose of carrying out the entrusted business, measures to ensure safety, restriction on re-entrustment, management and supervision of the consignee, and liability such as compensation for damages, and supervises whether the consignee handles personal information safely.

Article 4 Procedure and Method of Destruction of Personal Information

  1. The Company destroys the personal information without delay when the personal information retention period agreed by the information subject has elapsed or the purpose of processing it has been achieved. However, as specified in Article 1, if it is required to be preserved in accordance with other laws and regulations, the personal information will be separated and stored in a separate storage place.
  2. The Company will destroy the personal information without delay from the date on which the processing of personal information is recognized as unnecessary, such as the expiration of the period of retention and use of personal information specified in Article 1, the achievement of the purpose of processing, the abolition of the relevant service, or the termination of the business. Electronic documents are destroyed so that they cannot be reproduced, and paper documents are destroyed by shredding or incineration.

Article 5 Rights and Obligations of Information Subjects and Methods of Exercising Rights

  1. The information subject (including an agent such as a delegated person) may exercise the right to view, correct, delete, or suspend processing of personal information held by the Company at any time. The person who has been entrusted with the rights of the user must submit a power of attorney to prove this.
  2. Exercising the rights pursuant to Paragraph 1, such as inquiry/change of member information, withdrawal of consent/withdrawal of membership, etc., can be done by using the service menu or through chat in the MSPwallet customer service channel (e-mail), and we will take action on this without delay.
  3. Requests to view and suspend the processing of personal information may be restricted in accordance with Article 35(4) and Article 37(2) of the Personal Information Protection Act.
  4. Requests for correction or deletion of personal information cannot be made if the personal information is specified as the object of collection under other laws and regulations.
  5. In the event of a request for access, correction or deletion, or suspension of processing in accordance with the rights of the information subject, the Company may verify whether the person who made the request is the person or a legitimate representative, and for this purpose, a minimum amount of personal information may be collected. The user is responsible for any accidents caused by inaccurate information entered by the user, and if the user enters false information such as stealing other people's information, the membership may be lost.

Article 6 Matters Concerning Measures to Ensure the Safety of Personal Information

  1. Establishment and implementation of internal management plan: Establish and implement an internal management plan including detailed implementation plans for the implementation of protective measures in accordance with the Standards for Technical and Administrative Protection Measures for Personal Information.
  2. Minimization and training of personal information handlers: We are striving to raise awareness of personal information protection by designating a minimum number of people in charge of handling personal information and conducting regular training for them.
  3. Restriction of access to personal information: The Company takes necessary measures to control access to personal information by granting, changing, and canceling access rights to the personal information processing system (including information system and DB), and controls unauthorized access from the outside by using an intrusion prevention system.
  4. Storage of access records and prevention of forgery and alteration: The Company stores and manages records of access to the personal information processing system (weblogs, DB query logs, etc.) for at least 2 years, and uses security functions to prevent forgery, alteration, theft, or loss of access records.
  5. Encryption of personal information: The Company's personal information and authentication information are encrypted and protected during transmission, and important information subject to legal encryption, such as user passwords, is encrypted and stored at the time of storage.
  6. Technical Measures Against Hacking: In order to prevent leakage and damage of personal information caused by hacking or viruses, various cloud-based security services are used, and attempts to illegally change information are detected through this.
  7. Access Control for Unauthorized Persons: We have established an access blocking system for systems where personal information is processed, and we have established and operated procedures to ensure that only authorized personal information handlers have access to them.

Article 7 Matters concerning the installation, operation and refusal of devices that automatically collect personal information

  1. The Company uses 'cookies' or token session information that stores and retrieves the information subject's usage information from time to time.
  2. We may also use Google Analytics (a web analytics tool that collects and analyzes data from website visitors). Google Analytics collects behavioral information of users of our website through cookies, and in this case, only non-identifiable information that cannot identify an individual is collected in accordance with the Terms of Service.
    • Storage of information collected by Google Analytics: The information generated by the cookie in connection with the use of the website will be transmitted to Google via servers located in the United States and stored by Google.

 

  1. A cookie is a small amount of information that the server used to operate the website sends to the user's browser and may be stored on the hard disk of the user's device.
    • Purpose of using cookies: They are used to provide more convenient services to users by identifying the user's visit time and preferred settings.
    • Installation, operation, and rejection of cookies: You can set your browser options to allow cookies and block cookies.
    • If you refuse or block the storage of cookies, it may be difficult to use the service.

 

  1. The user's token session information is used only for the purpose of managing the user's session, and is stored and deleted according to the period set by the browser. If you want to delete the token session information, you can do so directly from your browser.

 

browser

How to set cookies

How to delete token session information

Internet Explorer

Tools> Internet Options> Privacy > Settings > Advanced

Clear browsing data > Tools > Internet Options > General tab

Edge

Settings> Cookie and Site Permissions > Manage and delete Cookies and Site Data

Clear your settings > privacy, search & services, > browsing data

Chrome

Settings> Privacy & Security >Cookies and Other Site Data

Settings > Advanced > Privacy & Security > Clear browsing data

FireFox

Tools > Preferences > Privacy & Security tab > Block content

Tools > Preferences > Privacy & Security tab > Delete data and history

Safari

Preferences > Privacy tab > Cookies and website data levels

Preferences > Privacy tab > Remove all website data

Opera

Tools > Settings > Privacy & Security tab > Cookie level

Tools > Settings > Privacy & Security tab > Clear Data

Article 8 Matters Concerning the Person in Charge of Personal Information Protection

  1. In order to protect personal information and handle complaints related to personal information, the Company has designated a person in charge of personal information protection and a person in charge of personal information as follows.
  2. The information subject may make a request for access to personal information pursuant to Article 35 of the Personal Information Protection Act to the department that receives and processes requests for access  to personal information. The information subject can also view and request personal information through the MSPwallet  customer center.
  3. Customer Center : admin@u-pay24.com

Article 9 Remedies for Infringement of Rights and Interests of Information Subjects

The information subject may contact the following organizations for damage relief and consultation regarding personal information infringement. The following organizations are separate from the Company, and if you are not satisfied with the results of the Company's own personal information complaint handling and damage relief, or if you need more detailed help, please contact us.

trachea

Responsibilities

contact

Personal Information Infringement Report Center (operated by Korea Internet & Security Agency)

Report of personal information infringement, request for consultation

Phone number: (without area code) 118Web: privacy.kisa.or.kr

Personal Information Dispute Mediation Committee

Personal Information Dispute Mediation Application, Collective Dispute Mediation (Civil Settlement)

Phone Number: 1833-6972Website: www.kopico.go.kr

Cyber Crime Investigation Division, Supreme Prosecutors' Office

Inquiry on case and penalty charges, request for consultation on voice phishing

Phone number: (without area code) 1301Web: www.spo.go.kr
Email: privacy@spo.go.kr

Cyber Investigation Division, National Police Agency

Report cybercrime, request counseling

Phone number: (without area code) 182Web: ecrm.cyber.go.kr

Article 10 Liability for Linked Sites

More on KakaoTalkThe Mspwallet menu can provide links to other external sites. In this case, the Company has no control over the external site, so the Company cannot be responsible or guaranteed for the validity, truthfulness, and legality of the services or materials provided by the user, and the privacy policy of the linked external site is not related to the Company, so please check the policy of the external site.

Article 11 Changes to the Privacy Policy

1.     This policy is effective from November 1, 2024.