Privacy Policy

Last updated: February 2025

1. Introduction

Welcome to Nostro. This Privacy Policy explains how we collect, use, and protect your information when you join our Waitlist and use our mobile application. Currently, Nostro is in a pre-launch phase conducting market research and risk assessments.

2. Information We Collect

We collect the following types of information:

  • Identity Data: Name, Phone Number, and the last 5 digits of your CNIC. Note: We collect partial CNIC data solely to deduplicate entries and perform preliminary risk screening (fraud prevention). We do not collect the full CNIC or scan ID cards at this stage.
  • Professional Data: Information regarding your income sources (e.g., Upwork, Amazon), profession, and estimated transaction volumes.
  • Authentication Data: We use Clerk (a third-party service) to manage secure logins. Clerk may collect device information and IP addresses to ensure account security.
  • Device Data: IP address, device model, and operating system to prevent "device farm" abuse and fake signups.

3. How We Use Your Data

  • Waitlist Prioritization: To rank your position based on the "Pain Qualification" and "Risk" answers provided in the app.
  • Fraud Prevention: The last 5 digits of your CNIC are used to ensure one person cannot create multiple spots on the waitlist to game the system.
  • Product Development: Aggregated data (e.g., "70% of users use Payoneer") is used to build the features you actually need.
  • Communication: To notify you when your spot opens up or to invite you to private feedback groups.

4. Data Sharing & Security

Third-Party Providers: We use trusted third-party services:

  • Clerk: For identity and access management.
  • Firebase: For storing survey data.
  • No Sale of Data: We do not sell your personal data to advertisers.
  • Security: Data is encrypted in transit (TLS/SSL) and at rest.

5. Data Deletion

You have the right to request the deletion of your waitlist entry. Contact us at support@nostro.pk to remove your data.

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