Privacy Policy

1. Information We Collect

We collect the following information when you use MachineryVault:

• • Personal Information: Name, email address, phone number, location, and company details.
• • Account Information: Login credentials, communication history, and user preferences.
• • Transaction Information: Purchase and sales data processed via Stripe payment gateway.
• • Technical Data: IP address, device/browser type, usage analytics, and cookies data.
• • Content Data: Machinery listings, images, descriptions, and user-generated content.

2. How We Use Your Information

We use your data for the following purposes:

• • Provide, maintain, and improve our marketplace services
• • Facilitate secure transactions between buyers and sellers
• • Communicate with you about your account, listings, and platform updates
• • Process payments and prevent fraudulent activities
• • Comply with legal obligations under EU GDPR and Lithuanian law
• • Provide customer support and resolve disputes

3. Legal Basis for Processing (GDPR)

Under EU GDPR, we process your data based on the following legal grounds:

• • Contract Performance: To provide our marketplace services
• • Legitimate Interest: To improve our services and prevent fraud
• • Consent: For marketing communications (where applicable)
• • Legal Obligation: To comply with Lithuanian and EU laws

4. Sharing of Information

We do not sell your personal information. We may share your information with:

• • Stripe: For secure payment processing (EU-based)
• • Service Providers: Third-party providers who help us operate the platform (all EU-compliant)
• • Legal Authorities: When required by Lithuanian or EU law
• • Other Users: Limited information necessary for transactions (with your consent)

5. Data Transfers and Storage

Your data is stored and processed within the European Union in compliance with GDPR requirements. We use secure, EU-based cloud infrastructure to ensure your information remains protected under European data protection standards.

6. Data Security

We implement appropriate technical and organizational measures to protect your personal data:

• • Encryption of data in transit and at rest
• • Strict access controls and authentication
• • Regular security audits and monitoring
• • Staff training on data protection

7. Your Rights (GDPR)

Under EU GDPR, you have the following rights:

• • Right to access your personal data
• • Right to rectify inaccurate data
• • Right to erasure ("right to be forgotten")
• • Right to data portability
• • Right to object to processing
• • Right to restrict processing

8. Data Retention

We retain your personal data only for as long as necessary to fulfill the purposes outlined in this policy. Account data is retained while your account is active and for a reasonable period afterward for legal compliance.

9. Children's Privacy

Our services are not intended for children under 16. We do not knowingly collect personal information from children under 16. If you believe we have collected such information, please contact us immediately.

10. Cookies and Tracking

We use cookies and similar technologies to enhance your experience, analyze usage, and provide personalized content. You can control cookie settings through your browser preferences.

11. Updates to This Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the new policy on our platform and updating the "Last updated" date.