Privacy Policy

Privacy Policy

MADCO TECH PTE LTD. Privacy Policy

Updated: 07 DEC 2023

Introduction

MADCO TECH PTE LTD (MADCO) is committed to protecting your privacy. This policy outlines our practices regarding data collection, use, and security in connection with our products and services, including the WAFFER® platform. For more information on MADCO and WAFFER®, visit our websites at www.madco.io and www.waffer.io.

Compliance and Parental Consent

We adhere to the Children’s Online Privacy Protection Act (COPPA) and require verifiable parental consent for children to use WAFFER®. More details on our compliance and data collection practices are provided during the setup and registration process.

Data Security

MADCO prioritizes data security in product development. Where possible, data is processed and stored locally. We implement encryption and other measures to protect data during transmission and in the cloud, and work with trusted business partners and cloud service providers.

Your Privacy Rights

Residents of California and Nevada have specific privacy rights detailed in this policy. These include rights to opt out of the sale of personal information, request deletion or access to personal information, and receive information about data disclosure.

Opt-Out Process

Users who wish to opt out of data collection and processing can do so at any time. To opt out, please send an email to privacy@madco.io with your request. Upon receiving your request, we will confirm your opt-out and inform you about the implications, such as reduced functionality or inoperability of certain services.

Data Collection during WAFFER® Setup

WAFFER® collects data only after receiving verifiable parental consent. This includes images and audio captured by WAFFER®’s sensors and camera. Our proprietary AI platform (MADCORE™) analyzes this data to enhance our services. Personal information collected includes the parent’s and child’s names, email addresses, and birthdates. Data is securely stored and processed with a focus on minimizing the ability to link to personal information.

Operational Data Collection

WAFFER® collects image and activity data during use, processed locally on the device. Parents can access their child’s data via the WAFFER® App, which also collects login and contact information (Email), child’s profile data (Age & Name), and device usage analytics.

E-commerce Data Collection

Our e-commerce site collects necessary information for transactions, such as login, contact, and shipping information. We use cookies for site operation, performance, functionality, and advertising. Details on our cookie policy and third-party advertising partners are provided on our website.

Data Retention

Data is retained for specific periods depending on its type, ranging from immediate deletion after processing to storage for up to 36 months.

Contact Information

For questions or concerns regarding our privacy practices, please contact:

MADCO TECH PTE LTD.
Attn: Privacy Policy
Email: legal@madco.io