Learn how Wallit protects your personal information, transaction data, and payment information when you use Wallit.
At Wallit, information security and privacy a top priority. We work hard to protect your information, such as by using encryption and other measures to help safeguard your money and data. This article describes the measures undertaken at Wallit to ensure the protection of your data.
Wallit complies with industry regulations to help people gain a greater level of control over their data, while offering more transparency throughout the data collection and use process.
The Wallit Security Team uses a number of industry-standard measures to protect your account and ensure your experience with us is safe and secure. We understand that you place a lot of trust in our services, and we're constantly working to ensure Wallit is one of the safest places for you to build your financial future.
There are a number of ways we work to keep your Wallit account safe.
Wallit provides:
We also require your social security number in order to issue you a tax reporting form at the end of the year.
When you link your credit or debit card, Wallit has access to purchases you've made with that linked card. When you connect a Direct Deposit account, Wallit has the ability to transfer money to your connected bank account.
In order to deliver a seamless experience and to ensure the highest level of security and privacy, Wallit partners with market leaders in financial technology such as Plaid (for connecting our members’ Cards and Direct Deposit accounts) and Stripe (for connecting an Employers’ Cards and Direct Deposit accounts). We encourage you to review the data privacy and security practices of these partners before connecting your Cards and Direct Deposit accounts. You can review Wallit’s entire Privacy policy here.
When you register for Wallit, you must provide the following personal information to verify your identity: We use a range of physical, electronic and managerial measures to keep your personal information secure, accurate and relevant. These measures and our information security policies are closely aligned with widely accepted international standards, reviewed regularly and updated as necessary to meet our business needs and changes in technology and regulatory requirements. All communication to our data center - ranging from the data you submit to the actions you perform - is encrypted with HTTPS & TLS. All data is hosted on AWS servers operated in United States. We take the proper precautions to protect your personal data from unauthorized access. In order to improve our services, we may aggregate and anonymize purchase data. We do not share or sell this data to any third parties. For more information regarding data privacy and security, please have a look at our Privacy policy. Note: Unlike free social media companies that generate revenue by monetizing your data, Wallit relies on subscription revenue from your employer for administering their benefits, rewards and expense reimbursement programs. We do not, never will, and have no incentive to share or sell your data. Plus, if you don’t feel comfortable connecting a card, you can always manually add individual eligible purchases with receipts to receive a reimbursement.
Which personal data is collected and processed?
Eligible Purchases
Ineligible Purchases
How secure is my personal information?
Where is my data stored?
Do you share my data with third-party providers?
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