Placeholder text — review with your DPO before going live.
1. Controller
pay & relax GmbH, Munich · Germany.
Contact: support@paylax.example
2. Data we collect
- Account data: email, legal form, business name, country.
- Transaction data: deal references, amounts, payment status, timestamps.
- Technical data: IP address, browser, language preference.
3. Why we process it
- To provide the escrow service (Art. 6(1)(b) GDPR — contract performance).
- To meet our legal obligations under the German AML Act (Art. 6(1)(c)).
- To prevent fraud and maintain platform safety (Art. 6(1)(f) — legitimate interest).
4. Retention
Account and deal records are kept for the legally required minimum (10 years for accounting under HGB / AO).
5. Your rights
You can request access, correction, deletion or export of your data at any time — write to support@paylax.example.
6. Cookies
PAYLAX uses essential session cookies only.