1. Information They Collect
To operate the platform and meet regulatory requirements, they collect:
Personal Identity: Name, date of birth, and gender (to verify you are of legal age).
Contact Details: Email address, phone number, and physical address.
Financial Data: Bank account details, UPI IDs, or crypto wallet addresses used for transactions.
Technical Data: Your IP address, device type, browser information, and location data to prevent fraud and multi-accounting.
2. How Your Data is Used
Verification: To confirm you are who you say you are (KYC).
Service Delivery: To process your bets, manage your wallet, and settle markets.
Risk Management: To monitor for suspicious betting patterns, money laundering, or “bonus abuse.”
Marketing: If you opt-in, they use your contact info to send promotional offers or “free bet” alerts.
3. Data Sharing and Third Parties
SABEXCH generally states they do not “sell” your data to third parties, but they do share it with:
Payment Processors: To facilitate your deposits and withdrawals.
Regulatory Authorities: If required by law or during a fraud investigation.
Security Partners: Firms that provide DDOS protection and anti-fraud software.
4. Security Measures
Encryption: They typically use SSL (Secure Socket Layer) encryption to protect data during transmission.
Firewalls: Servers are protected by high-level firewalls to prevent unauthorized access.
Access Control: Only specific employees (compliance and support teams) have access to sensitive user data.
5. Your Rights
Under most modern privacy frameworks (like GDPR or similar international standards), you generally have the right to:
Request a copy of the data they hold about you.
Correct inaccuracies in your personal profile.
Request account deletion (though they may be legally required to keep financial records for several years after you leave).