Protecting the privacy of our merchants is a top priority for Thoro Payments (referred to as “Thoro,” “we,” “us,” “our”). We want our merchants to understand what personal information our processing partners collect and how we use it. To provide transaction processing services, including credit, debit, loyalty, gift, and stored value card transactions, along with other products and services requested by merchants (collectively, “Processor Services”), we may share personal information with our affiliates and trusted partners who assist in delivering these services.

“Personal Information” refers to identifiable information directly connected to the merchant. Both the merchant and any such individual are referred to as “you” or “your.”

By applying for Processor Services or continuing their use, you consent to Thoro’s collection, use, and disclosure of your Personal Information as outlined in this Privacy Statement. If you withdraw consent, we may not be able to provide you with the Processor Services.

1. Why We Collect Your Information
We collect Personal Information to: (i) evaluate your application for Processor Services; (ii) underwrite your account; (iii) process your transactions; (iv) manage billing; (v) enable fraud protection and risk management; (vi) provide account servicing; (vii) offer additional products; and (viii) support Thoro’s legal compliance obligations.

2. Confidentiality and Security
At Thoro Payments, we restrict access to your Personal Information to those employees who need it to provide services. We employ physical, technical, and administrative safeguards that match the sensitivity of the information and regularly test our security systems through independent audits. As technology evolves, we continually update our procedures to ensure ongoing protection of your Personal Information.

3. What Information We Collect and How We Collect It
Throughout our relationship with you, we may collect the following types of Personal Information:

• Information such as date of birth, home address, phone numbers, government-issued IDs, and other identifying details provided by you.
• Transaction-related information.
• Financial and credit-related information obtained from credit reporting agencies or your financial institution.

4. What Information We Disclose
We may disclose your Personal Information to Thoro’s affiliates and third parties involved in delivering Processor Services. This includes payment networks, clearing banks, business partners, marketing partners, and governmental authorities, where required. Thoro ensures all third parties maintain confidentiality and use the data only for the intended purpose.

5. Additional Rights and Modifications
This Privacy Statement does not govern your relationship with your customers, financial service providers, or other vendors. We may modify this Privacy Statement at any time.