All of myPOS clients are legal entities (companies/corporations). The data about sole traders is considered personal data under GDPR. Corporations and companies, other than sole traders, are not data subjects under the law. However, we are obliged to verify the identity of the business owner or authorized user who is opening the account (referred to as “user opening the Account”). We process personal data about this business owner or authorized user.
Information regarding the company (with the exception of sole traders), including its risk profile and due diligence checks, is not regulated by GDPR.