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Data & Security
Lucinda avatar
Written by Lucinda
Updated over a month ago

Warning: If making a payment through Lopay, always check it is to a trusted merchant/seller first. For guidance on how to spot scams please click here.

How does Lopay protect my payments before they're paid out?

All funds in your Lopay Merchant Account are protected by Stripe. Stripe is FCA regulated and one of the largest financial service companies in the world. For details on how Stripe safeguards your funds please click here.

Furthermore, all funds made available in a "Stripe Balance" are held in a For Benefit Of (FBO) account underwritten by Stripe's domestic banking partner. So in the unlikely event that Stripe becomes bankrupt or insolvent, the FBO is still separate and will still pay out to you any funds held within.

How does Lopay store data?

We store data on a secure, encrypted database of which there is limited access. If you have any questions or concerns, please contact us at [email protected].

How will Lopay use my personal data?

In accordance with U.S. privacy laws, we will always ask for your consent before using your personal data for marketing or sales purposes. You can opt out of our emails at any time. For more detail please see our Privacy Notice.

For information on how to delete your account and all personal data, please click here.

For any further questions or help, please email us at [email protected].

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