Introduction

This Cookies Policy, herein referred to as the "Policy," governs the relationship between you (referred to as "Client" or "you") and PayOwl Exchange UAB (referred to as "PayOwl," "we," or "us"), including holding companies and subsidiaries. In this Policy, you and PayOwl are individually referred to as a "Party" and collectively as "Parties." It pertains to your use of the PayOwl Services and the utilization of cookies and similar technologies on the PayOwl Platform.

Prior to using the PayOwl’s Services, it is crucial that you thoroughly review this Policy to ensure you have a complete understanding of your rights and obligations. For transparency purposes, this Policy provides extensive information regarding the use of cookies on the PayOwl Platform.

Unless expressly specified otherwise, all references in this Policy shall be subject to the PayOwl General Terms and Conditions and the Privacy Policy. Additionally, all terms defined herein shall maintain the same meaning as outlined in the PayOwl General Terms and Conditions, where applicable.

In order to facilitate smooth electronic communication and guarantee the provision of PayOwl Services without errors, we store cookies with your consent. This is done to serve our legitimate interests, the legitimate interests of third parties, and other legal grounds in accordance with relevant local legislation in all countries where we operate. It's important to clarify that this Policy does not cover digital services directed at children.

What are Cookies?

We use Cookies and similar tracking technologies to track Client activity on our service and store certain information.

Tracking technologies used are beacons, tags, and scripts to collect and track information and to improve and analyze our service. The technologies we use may include:

• Cookies or Browser Cookies: A cookie is a small file placed on your device. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some parts of our service.

• Web Beacons: Certain sections of our service and our emails may contain small electronic files known as web beacons (also referred to as clear gifs, pixel tags, and single-pixel gifs) that permit the company, for example, to count users who have visited those pages or opened an email and for other related website statistics (for example, recording the popularity of a certain section and verifying system and server integrity).

Cookies can be "Persistent" or "Session" Cookies. Persistent Cookies remain on your personal computer or mobile device when you go offline, while Session Cookies are deleted as soon as you close your web browser. Learn more about cookies on the ‘Privacy Policies’ website article.

Purpose for Utilizing Cookies

We utilize cookies for the purposes set out below:

Necessary / Essential Cookies

• Type: Session Cookies

• Administered by: PayOwl Exchange UAB

• Purpose: These cookies are essential to provide you with services available through the Website and to enable you to use some of its features. They help to authenticate users and prevent fraudulent use of user accounts. Without these cookies, the services that you have asked for cannot be provided, and we only use these cookies to provide you with those services.

Cookies Policy / Notice Acceptance Cookies

• Type: Persistent Cookies

• Administered by: PayOwl Exchange UAB

• Purpose: These cookies identify if users have accepted the use of cookies on the website.

Functionality Cookies

• Type: Persistent Cookies

• Administered by: PayOwl Exchange UAB

• Purpose: These cookies allow us to remember choices you make when you use the website, such as remembering your login details or language preference. The purpose of these cookies is to provide you with a more personal experience and to avoid you having to re-enter your preferences every time you use the Website.

Tracking and Performance Cookies

• Type: Persistent Cookies

• Administered by: Third-Parties

• Purpose: These cookies are used to track information about traffic to the website and how users use the website. The information gathered via these cookies may directly or indirectly identify you as an individual visitor. This is because the information collected is typically linked to a pseudonymous identifier associated with the device you use to access the website. We may also use these cookies to test new pages, features or new functionality of the website to see how our users react to them.

For more information about the cookies we use and your choices regarding cookies, please visit the ‘Cookies’ section of our ‘Privacy Policy’.