Wallet," "we", "us", "our", “OBL”), collect, process and use information of our
users (hereinafter addressed as "Users", "you", "your", "yourself", “OK
Customer”). Your consent to this Agreement is exerted when you sign up for,
access, or use the "Services" provided by us. You agree to allow us to use and
disclose your personal information entered into our system according to the
description of this Agreement.
This Agreement applies to any use of our website, mobile application, electronic
communications, or services (the "Platform). The Platform may request you to
provide information about your personal information in details, including your
National ID/ Passport Number/Driving License, Tax Identification Number (TIN),
and/or bank account details, as required for operating the Platform and also for
reducing the risk of fraudulent activities, money laundering and terrorist
financing. We process your information with utmost importance, care and use this
information conforming to the terms of this Agreement. The term "information"
refers to any confidential and/or individually identifiable information or other
information related to any User of the Platform in this Agreement. We shall not
rent or sell your information to third parties for their marketing purposes
without your explicit consent. In case we need to convey your information to any
third party for completing your requested service, we shall share the required
information under strict restriction and adhering to this Agreement. If you use
any third party website via the Platform or use third party website to access
statements of those websites. ONE BankLimited shall not be responsible for the
privacy practice of any third parties.
2.1 Basic Information:
In order to sign up for OK Wallet account or use OK Services, you must provide
your name, phone number and other contact details, NID/Driving License/Passport
/Birth Registration number, as applicable, and other required identification
information. We may also request you to provide other verification documents
before processing any transaction which is not consistent with your regular
transaction or is of a very high amount. You agree to cooperate with OBL in this
process by providing all required information and/or documents.
We collect personal information that you provide to us or over the Platform
through correspondence, chats, or any other way, or shared by you from other
social websites, services and/or applications; or any additional information
(personal or otherwise) that you may be asked to provide as and when necessary
We collect public information about your business size, customer base and usual
transactions that might be collected from social media platform, other OK Wallet
account holders or other sources for accessing goodwill, trustworthiness and
solvency to check your account and business.
2.2 Device Identification:
OK Wallet collects information from your interaction with our Platform, Services
, content and advertising, including but not limited to device ID, device type
including the hardware model, operating system and version, unique device
identifiers and mobile network information, location, geo-location information,
computer and connection information, statistics on page views, traffic to and
from the sites, ad data, IP address, information collected by cookies and other
tracking technologies, standard web log information and other identifying
information about the computer or device that you use to access your OK Wallet
account shall be tracked for helping us detect possible instances of
unauthorized transactions and shall be used by OBL to provide smooth experience
of OK Wallet services.
2.3 Transaction Information:
For complying with anti-money laundering and counter terrorism obligations under
the applicable Laws including but not limited to the Money Laundering Prevention
Act 2012 (Amendment on 2015) and Anti-Terrorism Act 2009 (Amendment on 2013),
and any other applicable , rules and regulations of the Government of the
People's Republic of Bangladesh, your commercial and/or personal identification
information shall be recorded. If you send or receive a high amount through the
OK Services, or are suspected of being engaged in any suspicious transaction,
OBL in collaboration with Bangladesh Post Office and other relevant authorities
of the Government may conduct a background check on your business by gathering
information about you and your business, its directors, shareholders, partners,
officials and employees, as applicable. OBL, at its sole discretion, reserves
the right to periodically retrieve and review a business and/or consumer
information and is authorized to close an account based on information obtained
during these background check and reviews
2.4 Web Caches and Website Traffic:
For ensuring smooth and efficient OK Services, your IP address, browser, and
time related information for accessing the Platform shall be stored in our
server; web address of sites that routed you to or from the Platform may also be
received. Session cookies, web cookies, pixel tags, web beacons or other similar
technologies shall be used to place small text or image files in your computer
/device for facilitating User friendly performance of the Platform.
2.5 Contacting Prospective Users:
When a OK User attempts to send OK Service request to Users who have not yet
signed up in OK Wallet, OK Wallet may retain the Service requested and
information provided regarding the prospective User for contacting them for
marketing purpose. For example, a text message or Interactive Voice Response
("IVR") may be sent to their number notifying them about the OK Service you
wanted to share with them.
2.6 Non-Personal Information:
OBL may collect non-personal information as you use our Platform. When you use
our Platform, third-party service providers, e.g. Google Analytics and other
partners may also receive and record non-personal information from cookies,
server logs, and similar technology from your browser or mobile device,
including your IP address. We may combine the collected non-personal information
with the personal information. Where we do so, we shall treat the combined
information as personal information if the resulting combination may be used to
readily identify or locate you in the same manner as personal information alone
2.7 Aggregate Information:
OBL collects non-identifying, general, generic and aggregate information to
improve the design of the Platform and Services.
2.8 Restriction to Transfer:
The right to use this Platform is personal to the User and is not transferable
to any other person or entity. You shall be responsible for protecting the
confidentiality of your password(s), if any. It is agreed by you that, although
the internet is often a secure environment, sometimes there are interruptions in
service or events that are beyond the control of OK Wallet, and OK Wallet shall
not be responsible for any data lost while transmitting information on the
internet. OK Wallet makes no representation that any Services are available or
otherwise suitable for use outside Bangladesh. If you choose to access the
Platform from locations outside Bangladesh, you do so on your own initiative and
are responsible for the consequences thereof.
3. Use of Collected Information
3.1 Internal Use:
Your information shall be collected, stored and processed in servers located in
Bangladesh, which shall be used to provide you with a smooth, safe, efficient
and customized experience of the Platform. The provided information shall be
used to process your transactions, troubleshoot problems, resolve disputes,
provide customer support service, customize your Platform experience and any
3.2 Communicating with You:
We shall also communicate with you by using the information that you provided to
complete processing of OK Services or verify any important information or
actions like investigating suspicious or illegal transaction, responding to
customer service requests, complaints or claims.
3.3 Information Shared with Other OK Wallet Users:
Your basic information like name, phone number, email address, transaction
amount and transaction time, etc. may be shared with other OK WalletUsers or
prospective User to whom you send OK Wallet service request. The information
that shall be shared may vary with the service you request and the type of OK
Walletaccount you maintain; additional information about your business may be
revealed if you are making transactions through a business account. When
payments for goods or purchases are made through OK Wallet, buyer's and seller's
address and payment details may be revealed for aiding in delivery and dispute
3.4 Information Shared with Other Third Parties:
Several third parties like the regulatory authority, mobile operator and other
service providers may need access to specific information for completion of your
requested OK WalletServices. We shall only disclose the required information to
third parties if we are under a duty to comply with legal requirements, enforce
our policies, and respond to claims that a listing or other content violates the
rights of OK Walletor others, or protect anyone's rights, property, or safety.
Such information shall be disclosed in accordance with applicable laws and
regulations of the country. As stated above, we do not disclose your personal
information to third parties for their marketing purposes without your explicit
3.5 Your Use of OK Wallet Information:
You shall receive information of other OK WalletUsers when carrying out any
transaction with them. You may only use this information for facilitating OK
WalletService related communication, action or transaction; this information
shall not be used for any other purpose without taking explicit consent of the
OK WalletUser by disclosing the purpose adequately.
We may send you email/SMS to verify your account and other transactional emails
for operational purposes, such as billing, account management, or system
maintenance. You may only stop receiving those emails/SMSs by terminating your
account. We may also send you promotions, announcements, surveys, newsletters,
developer updates, evaluations, and event information or other marketing or
commercial e-mails/SMS. You may opt out of receiving these email/SMS
communications from us at any time by unsubscribing, using the unsubscribe
button within each email to have your contact information removed from our email
list. Notwithstanding anything contained anywhere in this Agreement or the Terms
& Condition, OK Walletshall not be responsible for any breach of privacy due to
correspondence going to an incorrect address or phone number.
You agree that we may use your personal information to inform you about our
Services and tools, deliver targeted marketing and promotional offers based on
your communication preferences, and customize measure and improve our
advertising. We may also use and share non-personally identifiable information
for our marketing purposes, including, without limitation to marketing on other
websites, for e.g. use the information to control the number of times you have
seen an ad, deliver ads tailored to your interests, and measure the
effectiveness of ad campaigns.
3.6 Surveys and Questionnaires:
When you answer the optional questionnaire or survey, information provided in
them may be used for improving OK WalletServices, marketing and/or advertising
purpose as described in the survey.
3.7 Audit and Legal Compliance:
Your information and transaction history may be viewed by the auditors for
confirming the accuracy of our record. However, auditors shall not have the
right of using your personally identifiable information for any other purpose.
Information related to illegal or suspicious activity carried out from your
account shall be made available to law enforcing body, Bangladesh Post Office,
Bangladesh Bank, competent courts of law or any other law enforcing agencies
with applicable jurisdiction when requested.
3.8 Mergers or Acquisition:
If OK Walletmerges with other company or is acquired by another company, the
successor company will have access to your information maintained by OK Wallet
3.9 Public Information:
Any reviews, personal information or comments that you voluntarily post or
disclose on public pages (for instance, the questions and answers page, Facebook
page etc.) of OK Walletwill be viewable by the general public. Any comment or
other content you post or disclose on such public pages becomes published
content including your account and User name and shall not be subjected to the
terms and conditions of this Agreement. You shall be deemed to have waived the
right to privacy and confidentiality over such information by posting or making
such disclosure. OK Walletdoes not have NonDisclosure and Confidentiality
Agreements with these parties who may be able to access such information.
4. Data Safety Policy
This app respects your privacy and data safety. This policy explains how this
app collects, uses, shares and protects your personal data when you use this app
4.1 OK Wallet Data Collection
This app collects the following types of data:
4.2 Usage of Data collected by OK Wallet
- Device information: such as device model, operating system
version, unique device identifiers and mobile network information.
- Usage information: such as how you interact with this app, which features you use, how often you use this app and for how long.
- Location information: such as your device’s approximate or precise location, depending on your device settings and permissions.
This app uses your data for the following purposes:
4.3 Share Data by OK Wallet
- To provide and improve this app: such as to deliver the
functionality and features of this app, to personalize your experience, to fix
bugs and errors, to enhance performance and security, and to analyze usage
trends and feedback.
- To communicate with you: such as to send you notifications,
alerts,updates, promotions, surveys, and other messages related to this app or
ourservices, and to respond to your requests or inquiries.
- To comply with legal obligations: such as to comply with
applicable laws, regulations, court orders or subpoenas, or to cooperate with
authorities or investigations.
This app shares your data with the following third parties:
4.4 Data protection
- Google Play Services: which provide various services and
functionalities for this app, such as authentication, analytics, ads, maps and
location. You can learn more about how Google Play Services handle your data
- Firebase: which is a platform that provides backend services and
tools for this app, such as cloud storage, database, hosting, crash reporting
and analytics. You can learn more about how Firebase handles your data here:
- Other third-party providers: which may provide other services or
functionalities for this app, such as payment processing, social media
integration, customer support or marketing. We will only share your data with
these providers when necessary for them to perform their services for us or for
you. We will also ensure that these providers have adequate data protection
measures and comply with our data safety policy.
This app protects your data by using the following security practices:
4.5 How can you manage your data?
- Encryption: which means that your data is converted into a code
that can only be read by authorized parties who have the key to decrypt it. We
use encryption to protect your data both when it is stored on our servers and
when it is transmitted over the internet.
- Access control: which means that we limit who can access your
data and for what purposes. We use various methods to authenticate and authorize
users and devices that access our servers or use our services. We also monitor
and audit any access or activity on our systems.
- Data minimization: which means that we only collect and retain
the data that is necessary for the purposes stated in this policy. We do not
collect or store any sensitive or special categories of personal data. We also
delete or anonymize your data when it is no longer needed or required by la.
You have the following rights and choices regarding your data:
- Access: You can request a copy of the data that we have
collected about you through this app.
- Correction: You can request us to correct any inaccurate or
incomplete data that we have about you.
- Deletion: You can request us to delete any data that we have
about you unless we have a legal obligation or a legitimate interest to keep it.
- Opt-out: You can opt out of receiving any marketing
communications from us or from third parties that we share your data with. You
can also opt out of allowing us or third parties to use your data for analytics
or ads purposes. You can manage these preferences through the settings of this
app or by contacting us.
- Consent: You can withdraw your consent for us to collect, use or
share your data at any time. However, this may affect the functionality and
availability of this app or some of its features.
If you have any questions or requests regarding your data, please contact us at
4.6 How will we update this policy?
We may update this policy from time to time to reflect changes in our practices,
technologies, laws, or regulations. We will notify you of any material changes
by posting a notice through our website or app.
By using our Platform, using Services provided through the Platform, or
you interact through our Platform or the Services offered via the Platform. Our
Agreement explains what we do (and don't do) with the information, including any
personal data we may collect about you.
Cookies are unique identifiers, usually made up of small bits of text or code.
Cookies are usually stored on your device or in your web browser and they send
certain information back to the party who served the cookie. When we refer to
cookies, we are actually referring to a broader range of technologies than just
cookies, including web beacons, clear gifs, pixels and other similar
technologies. When we refer to first-party cookies, we mean cookies that are
served by OK Wallet. When we refer to third party cookies, we mean cookies that
are served by non- OK Walletparties.
Cookies may be used in order to better understand how Platform work and to
optimize online and mobile experiences. Cookies do this by allowing the party
serving the cookie to analyze a Platform's performance, to identify certain
Users anonymously and remember their preferences, to better understand whether a
computer or device (and probably its User) has visited a website previously and
to serve personalized advertisements.
5.5 Types of Cookies:
Our Platform primarily uses the following four types of cookies:
5.5.1 Operations based Cookies:
These cookies are essential for the operation of our Platform. They make it
possible for you to browse and use our Platform. If you disable these cookies,
the Platform will not function correctly.
5.5.2 Performance based Cookies:
These cookies gather information about how visitors use the Platform and monitor
Platform performance. For example, performance cookies tell us which pages are
popular, monitor traffic to our Platform and compile anonymous analytic
information. Performance cookies can also be used to identify and remedy
operational problems with the Platform.
5.5.3 Functionality based Cookies:
These cookies are used to recognize and remember your preferences. For example,
functionality cookies may use information, such as your location, to make sure
that you arrive at a version of our Platform that is specific to your city or
5.5.4 Advertising Preferences based Cookies:
We offer you choices about receiving interest-based ads from us. For this, we
allow third parties to deliver personalized advertising content on our Platform
to understand your interest in the advertisements and content delivered to you,
as well as to serve you with more relevant advertisements based on your
activities on our Platform. For example, third-party cookies could record
information about whether you have clicked on certain content or advertisements
on our Platform or other websites or placed an item on our Platform in your
5.6 Controls over Third Party Cookies:
We do not have control over, or access to, third-party advertising cookies or
the information they contain. Third parties manage any information that they
collect via cookies they place in accordance with their privacy policies. You
can opt-out of thirdparty personalized advertising cookies. You will still see
ads but they will not be personalized.
5.7 Cookies and Browser settings:
You may be able to avoid certain cookies by configuring your browser settings or
opting-out directly with the party that operates and controls the cookie. Please
check your browser settings for more information.
5.8 Cookies in E-mails:
Our emails contain cookies that track whether you open our emails and whether
you click any links within them. The cookies used in our emails to monitor these
behaviors are unique to each email and are not stored on your computer or mobile
6. User's Responsibility:
The Services and use of the Platform do not include the provision of necessary
equipment to access the Platform. To use the Platform, you will require internet
connectivity and appropriate telecommunication links. The User shall be
responsible for obtaining and maintaining all telephone, computer hardware,
software and other equipment needed for access to and use the Platform and all
charges related thereto. OBL shall not be liable for any damages to the user's
equipment resulting from the use of this Platform.
7. User Conduct:
7.1 The User undertakes without limitation, not to use or permit anyone else to
use the Services or Platform:
7.1.1 to upload, send or receive any information for which the User has not
obtained all necessary license and/or approvals (from us or third parties); or
which constitutes or encourages conduct that would be considered a criminal
offence, give rise to civil liability or otherwise be contrary to the law of or
infringe the rights of any third party in any country in the world;
7.1.2 to upload, send or receive any material which is technically harmful
(including computer viruses, logic bombs, Trojan horses, worms, harmful
components, corrupted data, malicious software, harmful data, or anything else
which may interrupt, interfere with, corrupt or otherwise cause loss, damage,
destruction or limitation to the functionality of any software or computer
7.1.3 to intercept or attempt to intercept any communications transmitted by way
of a telecommunication system;
7.1.4 for a purpose other than which we have designed them or intended them to
7.1.5 for any fraudulent purposes in any way which is calculated to incite
hatred against any ethnic, religious or any other minority or is otherwise
calculated to adversely affect any individual, group or entity;
7.1.6 to upload, send or receive any material, which is not civil or tasteful;
7.1.7 to upload, send or receive any material, including User content, which is
unlawful, harmful, tortious, threatening, abusive, harassing, hateful, racist,
homophobic, infringing, pornographic, violent, misleading, grossly offensive, of
an indecent, obscene or menacing character, blasphemous or defamatory or of a
libelous nature of any person or entity, in contempt of court or in breach of
confidence, or which infringes the rights of another person or entity, including
copyrights, trademarks, trade secrets, patents, rights of personality, publicity
or privacy or any other third party rights;
7.1.8 to cause annoyance, inconvenience or needless anxiety.
7.2 Forbidden uses: The following uses of the Platform are expressly prohibited
and you undertake not to do (or to permit anyone else to do) any of the
7.2.1 resell the Platform;
7.2.2 furnish false data including false names, addresses and contact details
and fraudulent use of credit/debit card numbers;
7.2.3 attempt to circumvent our security or network including accessing data not
intended for you, logging into a server or account you are not expressly
authorized to access, or probe the security of other networks (such as running a
7.2.4 access the Platform in such a way as to, or commit any act that would or
does, impose an unreasonable or disproportionately large burden on our
infrastructure or that otherwise interrupts or interferes with its functionality, efficiency or operation;
7.2.5 execute any form of network monitoring which will intercept data not
intended for you;
7.2.6 send unsolicited mail messages, including the sending of "junk mail" or
other advertising material to individuals who did not specifically request such
material. You are explicitly prohibited from sending unsolicited bulk mail
messages. This includes bulk mailing of commercial advertising, promotional, or
informational announcements, and political or religious tracts. Such material
may only be sent to those who have explicitly requested it. If a recipient asks
to stop receiving email of this nature, you may not send that person any further
7.2.7 create or forward "chain letters" or other "pyramid schemes" of any type,
whether or not the recipient wishes to receive such mailings;
7.2.8 send malicious email, including flooding a user or site with very large or
7.2.9 enter into fraudulent interactions or transactions with us or a Seller
(which shall include entering into interactions or transactions purportedly on
behalf of a third party where you have no authority to bind that third party or
you are pretending to be a third party);
7.2.10 use the Platform (or any relevant functionality of either of them) in
breach of this Agreement;
7.2.11 use in an unauthorized manner, or forge, mail header information;
7.2.12 engage in any unlawful or criminal activity in connection with the use of the Platform or any Voucher; or
7.2.13 copy or use any User content for any commercial purposes.
7.3 Any conduct by a User that in OK Walletexclusive discretion is in breach of
the Agreement or which restricts or inhibits any other User from using or
enjoying this Platform is strictly prohibited. The User shall not use this
Platform to advertise or perform any commercial, religious, political or non
-commercial solicitation, including, but not limited to, the solicitation of
Users of this Platform to become users of other online or offline services
directly or indirectly competitive or potentially competitive with Agreement.
7.4 OBL reserves the right to prevent you from using the Platform and to prevent you from making any purchase, if your conduct is found to be in question or contravention of the terms of this Agreement.
8. Your Information is Secured:
We maintain your information with the highest level of integrity. Our firewalls,
data encryption and computer and network safeguard your information around the
clock. Only authorized employees may access our office, network and files for
completing the actions needed for smooth functioning of the system. We shall,
however, not be responsible for any breach of security or for any actions of any
third parties that receive your personal information.
You may always review and change your personal information from the account
setting page of your OK Walletaccount. You may also close your account at any
time if there is no investigation being conducted against it. After you close
your account, we shall mark your account status as 'Closed' and keep your
information in our database for future reference.
9. Force Majeure:
Without prejudice to any other provision herein, OK Walletshall not be liable
for any loss, damage or penalty as a result of any loss of information due to
any cause beyond OK Wallet’scontrol, including, without limitation, acts of the
User, governmental act, any unlawful access to OK Wallet’sinformation i.e.
hacking or acts of God.
If any provision of this Agreement is held invalid by a court of competent
jurisdiction, such invalidity shall not affect the enforceability of any other
provisions contained in this Agreement and the remaining portions of this
Agreement shall continue in full force and effect. The failure of either party
to exercise any of its rights under this Agreement shall not be deemed a waiver or forfeiture of such rights.