Legal
Privacy Policy
Effective Date: July 15, 2026
Privacy Policy
This Privacy Policy describes how Melon Financial ("Melon", "we", "us", or "our") collects, uses, and shares information in connection with our global supplier payment infrastructure.
1
Information Collection
- User-Provided Documentation: Digital invoices, packing lists, and other trade documentation (e.g., Bill of Lading) uploaded by users to maintain a complete audit trail.
- Extracted Transaction Data: Through automated OCR, we extract recipient names, business addresses, bank names, IBAN/Account numbers, invoice amounts, and recipient email addresses.
- KYC/KYB Information: Legal name of the importer and entity identification documentation required for regulatory compliance.
- Compliance Metadata: Transaction Purpose Codes (e.g., "Payment for Goods") as required by Anti-Money Laundering (AML) and central bank reporting standards.
2
Use of Information
- Process Payments: Facilitate international transactions and automate the population of payment requests.
- Ensure Compliance: Verify entity identities and meet jurisdictional reporting requirements.
- Facilitate Communication: Send instant receipts with unique Transaction IDs and formal Payment Completion Certificates to authorized parties.
- Integrate Third Parties: Optionally share contact details with designated customs brokers to automate payment notifications and supporting data delivery.
3
Data Sharing and Disclosure
- Settlement Partners: Technical settlement is finalized via partners such as Depa or Due.
- Authorized Parties: Recipients and designated customs brokers receive transaction-specific data and certificates.
- Regulatory Authorities: Data is disclosed as necessary to satisfy AML and central bank reporting.