Privacy Policy
We take your privacy seriously. Learn how we collect, use, and protect your information.
Introduction
At Arthik.money, we are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our mobile application and related services.
Required App Permissions
SMS Read Permission
Our app requires permission to read SMS messages for:
- Automatically detecting and categorizing financial transactions from bank SMS notifications
- Extracting transaction details such as amount, merchant, and date
- Providing real-time expense tracking without manual input
Important: We only read SMS messages from recognized banking and financial institutions. We do not read, store, or process personal messages.
Location Permissions
We request location permissions (including background location) for:
- Providing personalized trip and expense suggestions based on your location history
- Detecting potentially fraudulent transactions by comparing transaction locations with your device location
- Enhancing expense categorization accuracy by associating merchants with locations
- Improving travel expense tracking and recommendations
Note: Location data is encrypted and only used for these specific features. You can disable location permissions at any time through your device settings.
Contacts Permission
We request access to your contacts for:
- Enhancing the trip splitting feature by easily identifying and adding friends to expense groups
- Improving the user experience when sharing expenses with contacts
- Facilitating seamless group expense management
Important: Contact information is only used within the app to enhance your experience. We never share your contacts list with third parties.
Information We Collect
Personal Information
- Name
- Email address
- Phone number
- Contact list (with permission)
- Location data (with permission)
Financial Information
- Transaction details
- Merchant information
- Transaction amounts
- Transaction dates
- Location of transactions
How We Use Your Information
- Process and categorize your financial transactions
- Generate personalized financial insights and recommendations
- Provide location-based expense tracking and fraud detection
- Facilitate group expense management and trip splitting
- Improve our services and user experience
- Detect and prevent fraudulent activities
- Comply with legal obligations
Data Security
We implement robust security measures to protect your data:
- End-to-end encryption for all data transmission
- Secure storage with AES-256 encryption
- Regular security audits and penetration testing
- Strict access controls and authentication measures
- Regular data backup and disaster recovery procedures
Contact Us
If you have any questions about this Privacy Policy or our data practices, please contact us:
Email: support@arthik.money
Phone: +91 9953261657
Last Updated: May 15, 2025