Privacy Policy

Welcome to https://lofybuy.com (the “Website”). We acknowledge the significance of online privacy for our Website users, particularly when they engage in business activities. This statement outlines our privacy principles concerning individuals who visit the Website (“Visitors”) without conducting transactions, as well as Visitors who sign up for business transactions on the Website and utilize the various services provided by lofybuy (collectively referred to as “Services”) (“Authorized Customers”).

Personal Identifiable Information

“Personally Identifiable Information” (PII) refers to any data that can identify, contact, or locate an individual, including but not limited to their name, address, phone number, fax number, email address, financial details, social security number, and credit card information. PII does not encompass information collected anonymously (i.e., without identifying the specific user) or demographic data unrelated to a recognized individual.

What Information Is Gathered as Personally Identifiable Information?

We may gather basic user profile data from all our Website visitors. Additionally, from our Authorized Customers, we collect the following extra details: names, addresses, phone numbers, email addresses, business size and nature, and details regarding the advertising inventory they intend to buy or sell.

Who Collects the Information?

Apart from our direct information collection, third-party service providers (such as credit card companies, clearinghouses, and banks) that offer services like credit, insurance, and escrow may collect this information from both our Visitors and Authorized Customers. We do not govern how these third parties utilize this information, but we do request them to disclose how they utilize personal information received from Visitors and Authorized Customers. Some of these third parties may act as intermediaries in the distribution chain and do not store, retain, or utilize the information provided to them.

How Is Personally Identifiable Information Used by the Website?

We employ Personally Identifiable Information to personalize the Website, provide suitable service options, and fulfil buying and selling requests on the Website. We may send emails to Visitors and Authorized Customers about research opportunities, purchase and selling options on the Website, or information linked to the Website’s subject matter. Additionally, we may use Personally Identifiable Information to respond to specific inquiries or provide requested information.

With Whom Can Information Be Shared?

Personally Identifiable Information about Authorized Customers may be shared with other Authorized Customers who wish to assess potential transactions with them. We may also share aggregated data about our Visitors, including their demographics, with affiliated agencies and third-party vendors. We also offer the option to “opt out” of receiving information or being contacted by us or any agency acting on our behalf.

How Is Personally Identifiable Information Stored?

PII collected by Lofybuy is securely stored and is not accessible to third parties or Lofybuy employees, except for the purposes mentioned above.

What Options Are Available to Visitors Regarding Information Collection, Use, and Distribution?

Visitors and Authorized Customers can opt out of receiving unsolicited information from us and/or our vendors and affiliated agencies by following the instructions in emails or by contacting us at contact@lofybuy.com.

Are Cookies Used on the Website?

Cookies serve various purposes. We utilize Cookies to gather information about our Visitors’ preferences and their selected services. Cookies are also used for security purposes to protect our Authorized Customers. For instance, if an Authorized Customer is logged in and the site remains inactive for more than 10 minutes, we will automatically log them out.

How Is Login Information Used by Lofybuy?

Lofybuy uses login information, including but not limited to IP addresses, ISPs, and browser types, to analyze trends, administer the Website, track user movement and usage, and collect general demographic information.

Which Partners or Service Providers Have Access to Personally Identifiable Information from Visitors and/or Authorized Customers on the Website?

Lofybuy has established partnerships and affiliations with several vendors and may continue to do so. These vendors may access certain Personally Identifiable Information on a need-to-know basis for assessing the eligibility of Authorized Customers for services. Our privacy policy does not govern their collection or use of this information. We will disclose Personally Identifiable Information when required to comply with a court order, subpoena, or a law enforcement agency’s request to release information, as well as when necessary to protect the safety of our Visitors and Authorized Customers.

How Does the Website Maintain the Security of Personally Identifiable Information?

Our employees are familiar with our security policies and practices. Access to Personally Identifiable Information for our Visitors and Authorized Customers is restricted to a limited number of qualified employees who require a password for access. We routinely audit our security systems and processes. Sensitive information, such as credit card numbers or social security numbers, is safeguarded through encryption protocols designed to protect transmitted information. While we employ commercially reasonable measures to maintain a secure site, electronic communications and databases are subject to errors, tampering, and unauthorized access. We cannot guarantee or warrant against such events, and we will not be liable to Visitors or Authorized Customers for any such occurrences.

How Can Visitors Correct Inaccuracies in Their Personally Identifiable Information?

Visitors and Authorized Customers can contact us to update or correct their Personally Identifiable Information by emailing us at [contact email].

Can a Visitor Delete or Deactivate Personally Identifiable Information Collected by the Website?

We provide Visitors and Authorized Customers with a mechanism to delete or deactivate Personally Identifiable Information from the Website’s database by contacting [contact email]. However, due to backups and record-keeping, it may be impossible to completely erase a Visitor’s entry without retaining some residual information. An individual who requests to have their Personally Identifiable Information deactivated will have this data functionally removed, and we will not sell, transfer, or utilize Personally Identifiable Information related to that individual going forward.

What Happens If the Privacy Policy Changes?

We will inform our Visitors and Authorized Customers of any changes to our privacy policy by posting such updates on the Website. However, if we modify our privacy policy in a manner that could lead to the disclosure of Personally Identifiable Information that a Visitor or Authorized Customer previously requested not be disclosed, we will contact that Visitor or Authorized Customer to provide an opportunity to prevent such disclosure.

Links:

https://lofybuy.com contains links to other websites. Please note that when you click on one of these links, you will be redirected to another website. We encourage you to review the privacy policies of these linked sites, as they may differ from ours.