A privacy policy is a legal document that details how a website gathers, stores, shares, and sells data about its visitors.
The specific contents of this document depend upon the laws in the legal jurisdiction in which your business operates.
Most websites that collect data needs a privacy policy. From e-commerce stores to fintech websites. If you are going to be collecting any information from users, it is expected that you have a privacy policy in place. A privacy policy protects you from potential law suit in case there is a breach of data.
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