We collect and monitor the information related to the location of your device in order to enable us to provide serviceability with respect to your application, to reduce risk associated with your application and to provide pre-approved personalized offers against your credit line. This further helps us to verify your address, make a well informed credit risk decision and expedite the entire know your customer (KYC) process.
We collect names and packages of each installed application in your device when you download the Snapmint app and send them to our backend servers (via https://api.snapmint.com) to assess lending and other apps for credit risk assessment. This allows us to complete your onboarding, giving a purchase limit, for loan processing and give you pre-approved offers with your explicit consent.
Information the App collects, and its usage, depends on how you manage your device’s privacy controls. When you install the App, we store the information we collect with unique identifiers tied to your device. We collate information from the device when you download and install the App and explicitly seek permissions from you to get the required information from the device.
The information we collect from the device include the OS version, brand, build model, RAM (available & total), internal & external storage (available & total), display language, unique device identifiers; SIM information that includes network operator and network type; to uniquely identify your devices and ensure that no unauthorized devices acts on your behalf which helps us in preventing frauds.