Back to Home

Privacy Policy

Privacy Policy

Effective Date: September 1, 2026
Last Updated: September 1, 2026

At iQBusiness BD (“iQ SaaS”, “we”, “us”, or “our”), we respect your privacy and are committed to protecting the personal, business, financial, and operational information entrusted to us.

This Privacy Policy explains how we collect, use, store, protect, and disclose information when you access or use our website, cloud-based software, POS, ERP, inventory, accounting, restaurant, pharmacy, eCommerce, HR & payroll, and related services (collectively, the “Services”).

By creating an account or using our Services, you acknowledge that you have read and understood this Privacy Policy.


1. About iQ SaaS

iQ SaaS is a cloud-based business management platform operated by iQBusiness BD. Our Services allow businesses to manage activities such as:

  • Point of Sale (POS)

  • Sales and invoicing

  • Inventory and stock management

  • Purchasing

  • Accounting and expenses

  • Customer management

  • Employee and user management

  • Restaurant and table ordering

  • Pharmacy management

  • eCommerce operations

  • Business locations

  • Reports and analytics

  • Subscription and account management

Because our Services are designed for businesses, the information stored within an account may include both personal information and business information.


2. Information We Collect

We may collect information in several ways.

2.1 Account and Registration Information

When you create an account, we may collect:

  • Full name

  • Business name

  • Email address

  • Mobile/telephone number

  • Business address

  • Country and location information

  • Login credentials

  • Account and subscription information

2.2 Business Information

Depending on the Services you use, you may provide:

  • Product information

  • Product prices

  • SKU/barcodes

  • Inventory and stock information

  • Sales records

  • Purchase records

  • Invoice information

  • Customer information

  • Supplier information

  • Employee information

  • Business expenses

  • Accounting records

  • Restaurant orders

  • Table and order information

  • Pharmacy-related inventory information

  • Business reports

  • Other information required to operate your business

2.3 Payment and Billing Information

When you purchase a subscription or service, we may collect information necessary to process and manage your payment, such as:

  • Subscription plan

  • Payment amount

  • Transaction reference

  • Payment date

  • Payment status

  • Billing information

Where payments are processed through third-party payment providers, payment card or banking credentials may be handled directly by the relevant payment provider rather than stored by iQ SaaS.

We do not intentionally store complete payment card numbers unless specifically required and legally permitted for the operation of a payment service.

2.4 Automatically Collected Information

When you access our website or Services, certain technical information may be collected automatically, including:

  • IP address

  • Browser type

  • Device type

  • Operating system

  • Login and session information

  • Date and time of access

  • Pages or features accessed

  • Error and diagnostic information

  • General usage and performance information

This information helps us maintain security, improve performance, troubleshoot problems, and understand how our Services are being used.


3. How We Use Your Information

We use collected information only for legitimate business and service-related purposes, including:

  • Creating and managing your account

  • Providing and operating our Services

  • Processing subscriptions and payments

  • Generating invoices and business reports

  • Providing customer support

  • Sending important service notifications

  • Verifying accounts and preventing unauthorized access

  • Detecting and preventing fraud, abuse, and security incidents

  • Maintaining and improving system performance

  • Developing new features and services

  • Troubleshooting technical problems

  • Communicating with customers regarding their accounts

  • Complying with applicable laws and lawful government requests

We do not use your business data for purposes unrelated to providing or improving our Services unless permitted by law or you have provided appropriate authorization.


4. Customer Business Data

iQ SaaS is designed to allow businesses to store and manage their own operational data.

You remain responsible for the accuracy, legality, and appropriate collection of information that you enter into the platform.

For example, if you add customer names, phone numbers, addresses, employee information, or other personal information to your account, you are responsible for ensuring that you have the appropriate authority or lawful basis to collect and use that information.

iQ SaaS processes such information primarily to provide the Services requested by you.


5. How We Share Information

We do not sell or rent your personal information or business data to third parties.

We may share limited information in the following circumstances:

5.1 Service Providers

We may use trusted third-party providers for services such as:

  • Cloud hosting

  • Database infrastructure

  • Payment processing

  • Email delivery

  • SMS or OTP services

  • Security services

  • Analytics

  • Backup and technical infrastructure

These providers may process information only as necessary to provide their services to us.

5.2 Legal Requirements

We may disclose information where reasonably necessary to:

  • Comply with applicable laws or regulations

  • Respond to a valid legal process

  • Respond to a court order or lawful government request

  • Prevent fraud or abuse

  • Protect the rights, property, or safety of iQBusiness BD, our users, or others

Where disclosure is legally required, we will provide only information reasonably necessary for the relevant purpose.

5.3 Business Transfers

If iQBusiness BD is involved in a merger, acquisition, restructuring, sale of assets, or similar business transaction, relevant information may be transferred as part of that transaction, subject to applicable law and appropriate confidentiality protections.


6. Data Security

We take reasonable technical and organizational measures to protect information against:

  • Unauthorized access

  • Unauthorized disclosure

  • Loss

  • Misuse

  • Alteration

  • Destruction

Depending on the nature of the information and service, security measures may include:

  • Encrypted connections

  • Authentication controls

  • Role-based permissions

  • Access restrictions

  • Server and application security controls

  • Monitoring and logging

  • Backup and recovery procedures

  • Security updates and maintenance

However, no internet-based service can guarantee absolute security. You are also responsible for protecting your account credentials and ensuring that passwords are not shared with unauthorized persons.


7. Account Security

You are responsible for keeping your username, password, OTP, API credentials, and other account credentials confidential.

You should immediately notify us if you believe:

  • Your account has been accessed without authorization

  • Your password has been compromised

  • An unauthorized person has accessed your business data

  • You notice suspicious activity in your account

We may temporarily restrict or suspend an account where we reasonably believe that unauthorized access or security risks exist.


8. Data Retention

We retain information for as long as reasonably necessary to:

  • Provide the Services

  • Maintain business and transaction records

  • Fulfill contractual or legal obligations

  • Resolve disputes

  • Prevent fraud and abuse

  • Maintain security and system integrity

  • Enforce our agreements

When information is no longer reasonably required, we may delete, anonymize, or securely dispose of it, subject to applicable legal, accounting, tax, or regulatory requirements.

Some backup systems may retain information for a limited additional period before it is permanently removed or overwritten.


9. Account Cancellation and Data Deletion

You may request cancellation of your account or deletion of eligible personal information by contacting us.

Before deleting an account, we may require reasonable verification of account ownership.

Please note that certain information may need to be retained where required for:

  • Legal compliance

  • Tax or accounting purposes

  • Fraud prevention

  • Dispute resolution

  • Security

  • Legitimate business records

Deletion of an account may result in permanent loss of business data. Customers should maintain their own appropriate backups of important business records.


10. Cookies and Similar Technologies

Our website and Services may use cookies and similar technologies to:

  • Keep users signed in

  • Maintain sessions

  • Remember preferences

  • Improve website functionality

  • Analyze website usage

  • Improve security

  • Measure performance

You may be able to control cookies through your browser settings. Disabling certain cookies may affect the functionality of some parts of our Services.


11. Analytics and Performance Data

We may use analytics and monitoring technologies to understand how our website and Services are used.

Such information may help us:

  • Identify technical problems

  • Improve user experience

  • Understand feature usage

  • Monitor system performance

  • Improve reliability and security

Where third-party analytics services are used, their processing may also be subject to their respective privacy policies.


12. Communications

We may contact you regarding:

  • Account registration

  • Login or security events

  • Subscription status

  • Payment and billing

  • Service updates

  • Maintenance

  • Important policy changes

  • Customer support

  • Security alerts

We may also send promotional communications where permitted by applicable law.

You may opt out of non-essential promotional communications. However, you may still receive important transactional, security, account, and service-related communications.


13. Third-Party Services and Links

Our Services may integrate with or contain links to third-party services, websites, payment providers, communication services, or other platforms.

Third-party services operate independently and may have their own terms and privacy policies.

iQBusiness BD is not responsible for the privacy practices, security, or content of third-party services that we do not control.

We encourage users to review the privacy policies of third-party services before providing them with personal information.


14. Children's Privacy

Our Services are intended for businesses and their authorized users and are not designed specifically for children.

We do not knowingly request or intentionally collect personal information from children for purposes unrelated to providing our Services.

If you believe that a child has provided personal information to us without appropriate authorization, please contact us so that we can review and take appropriate action.


15. International Data Processing

Depending on our infrastructure and service providers, your information may be processed or stored on servers located inside or outside Bangladesh.

When information is processed outside Bangladesh, we take reasonable steps to ensure that appropriate security and confidentiality measures are applied, subject to applicable laws and contractual obligations.


16. Your Privacy Rights

Subject to applicable laws and reasonable verification, you may have the right to:

  • Request information about the personal data we hold about you

  • Request correction of inaccurate information

  • Request deletion of eligible personal information

  • Request restriction of certain processing

  • Withdraw consent where processing is based on consent

  • Object to certain uses of your information

  • Request assistance regarding your account information

Some requests may be limited where we are legally required or permitted to retain certain information.

To exercise a privacy-related right, please contact us using the information provided below.


17. Business Customer Responsibilities

If you use iQ SaaS to collect or process personal information belonging to your customers, employees, suppliers, or other individuals, you are responsible for:

  • Collecting information lawfully

  • Providing appropriate privacy notices where required

  • Obtaining necessary permissions or consent where applicable

  • Using personal information only for legitimate purposes

  • Protecting information from unauthorized access

  • Complying with applicable Bangladesh laws and regulations

iQ SaaS provides the technology platform, but the business using the platform remains responsible for its own customer and employee data practices.


18. Data Accuracy

We provide tools that allow you to manage your business information. You are responsible for ensuring that information entered into your account is accurate, complete, and up to date.

We are not responsible for business decisions or losses resulting from inaccurate, incomplete, or improperly entered information by users.


19. Data Breach and Security Incidents

If we become aware of a security incident that materially affects user information, we will assess the incident and take reasonable steps to contain, investigate, and remediate it.

Where notification is required by applicable law, we will provide notification through an appropriate communication method.


20. Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect:

  • Changes to our Services

  • Changes in technology

  • Changes in legal or regulatory requirements

  • Changes to our data practices

  • Security or operational improvements

When we make significant changes, we may update the “Last Updated” date and, where appropriate, provide additional notice.

We encourage users to review this Privacy Policy periodically.


21. Governing Law

This Privacy Policy shall be interpreted and applied in accordance with the applicable laws and regulations of the People's Republic of Bangladesh, to the extent applicable.

Nothing in this Privacy Policy is intended to limit any rights or protections that cannot lawfully be excluded under applicable law.


22. Contact Us

If you have questions, concerns, complaints, or requests regarding this Privacy Policy or the way we handle information, please contact us.

iQBusiness BD / iQ SaaS

Website: https://pos.iqbusinessbd.com
Email: imran.business001@gmail.com
Phone / WhatsApp: +880 1515-209389

For privacy-related requests, please include sufficient information to help us verify your account and understand your request.


23. Acceptance

By creating an account, accessing, or using iQ SaaS, you acknowledge that you have read and understood this Privacy Policy and agree to the collection and use of information as described above, subject to applicable law.

iQBusiness BD reserves the right to update this Privacy Policy when necessary.

Effective Date: September 1, 2026