When you create an account with 558b, you share certain personal information. This page explains — in plain English — what data we collect, where it's stored, why we use it, and what rights you have.
Protecting your privacy is a responsibility 558b takes seriously — not just a legal formality. Here are six reasons why your data is safe with 558b.
Every piece of data from your registration through to your payments is encrypted with 256-bit SSL — the same technology used by banks. No one can intercept it in transit.
558b never sells your personal data to any third party. No information is passed to advertisers or data brokers — this is a core principle of 558b.
Your data is stored in internationally certified data centers with 24/7 security monitoring and regular penetration testing.
You have the full right to view, correct, or request deletion of your personal data. Contact 558b support and your request will be handled within 30 business days.
558b operates in accordance with GDPR, the world's highest international privacy standard — and while it is a European regulation, we apply the same standard for all users in Bangladesh.
Promotional emails or notifications can be turned off at any time. No marketing communications are sent beyond what you've agreed to.
558b's Privacy Policy explains what information we collect and how we use it when you visit our website, use our mobile app, or access any of our services. If you have any questions after reading this policy, please reach out to our support team.
558b believes you should remain in control of your own personal data. We only collect what is genuinely necessary, and we always ensure a lawful basis before using it. Collecting data covertly or using it for unrelated purposes goes against everything 558b stands for.
By using 558b's services, you agree to this Privacy Policy. If the policy is updated, changes will be posted on this page and a notification will be sent to your registered email address.
Quick Summary: 558b keeps your data safe, never sells it, and only uses it as needed to provide the service. Nothing beyond that happens without your consent.
558b collects three types of data — what you provide directly, what is generated automatically as you use the service, and what comes through third parties.
558b never stores your bank password, card PIN, or full card number. Payment information is handled separately through a secure payment gateway that meets PCI DSS standards.
558b uses your data only for specific, defined purposes. Each purpose has a legal basis — either your consent, a contractual necessity, or a legal obligation.
558b does not use your data for any purpose beyond those stated above. If a new use ever becomes necessary, your separate consent will be obtained.
558b has implemented both technical and administrative measures to protect your data. Security is ensured not only at the software level, but at the human level as well.
Keep in mind, though, that no one can guarantee 100% security on the internet. 558b does everything possible to protect your data, but your own vigilance matters just as much — use a strong password and keep 2FA enabled.
558b does not retain your data longer than necessary. That said, certain information is required by law to be kept for a defined period.
Once the retention period expires, data is automatically deleted or anonymised in a secure manner, so that no individual can be identified from it.
As a 558b user, you have the following rights over your personal data. To exercise any of these rights, please contact 558b Support.
558b will respond to your request within 30 business days. In complex cases, this may be extended by up to 60 additional days — you will be notified in advance if that is the case. Certain rights may be limited due to legal obligations, such as the requirement to retain transaction records for compliance purposes.
The 558b website and app use cookies and similar technologies to enhance your experience and keep the platform running smoothly.
You can disable cookies through your browser settings, though doing so may limit some site functionality. 558b does not use any third-party advertising tracking cookies.
558b strictly prohibits providing services to anyone under the age of 18. We do not knowingly collect any data from minors.
If a minor is found to have registered by mistake — whether discovered by us or reported by someone — the account is immediately closed and all associated data is deleted.
If a parent or guardian suspects their child is using 558b, please contact our support team immediately — we will act without delay.
558b is an international platform, so in some cases your data may be stored or processed on servers located in different countries. This is done safely, because:
558b never transfers data to any country that lacks adequate protection or where your rights could be compromised.
Even with every precaution in place, should a security incident ever occur, 558b will act swiftly.
558b never conceals a privacy breach — transparency is a core part of how we operate.
If you have any questions, concerns, or complaints regarding the Privacy Policy, please contact 558b through the following channels.
If you are not satisfied with 558b's response, you have the right to lodge a complaint with the relevant data protection authority in your country. That said, we believe most issues can be resolved by speaking directly with our support team.
Many online platforms talk about privacy, yet in practice they monetize your data in various ways. 558b has chosen a different path — because we believe long-term trust is worth far more than a one-time profit.
Users in Bangladesh are becoming increasingly savvy with digital services. They know where they share their information and whether it is safe. 558b wants every user to feel fully confident when using our services — not simply because 558b says so, but because they understand and trust it for themselves.
That is why this privacy policy has been written in plain, straightforward language. 558b has no intention of hiding conditions behind complex legal wording. If any section is unclear, feel free to ask — you will get a response in Bengali.
The information you provide when registering with 558b — your name, phone number, and email — is used solely to create and manage your account. NID details submitted for KYC are used exclusively for age verification and anti-money laundering purposes. This is a legal obligation, not a discretionary decision.
Payment information is the most sensitive data of all — which is why 558b never stores complete payment details on its own servers. Payments made via bKash or Nagad go directly into their secure systems; 558b only receives transaction confirmation.
You will be notified in advance of any changes to this policy. Making silent updates is not how 558b operates. Your trust is our most valuable asset — and protecting it is our commitment.
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