Yes, Mondu maintains strict data protection compliance in accordance with European regulations, particularly GDPR. Mondu’s data protection practices include:
- Storing only data that is relevant for identification and credit assessment
- Implementing appropriate technical and organizational measures to protect personal data
- Maintaining transparent data processing practices
- Adhering to data minimization principles
- Providing clear information to buyers about data usage (Art. 13 and Art. 14 GDPR information)
Mondu’s status as a regulated Electronic Money Institution (EMI) means we are subject to regular audits and oversight regarding our data protection practices, providing additional assurance of compliance.