1. What are Cookies (and Similar Technologies)?

  • A cookie is a small text file that is placed on the browser of your computer or mobile device (or any other end device), by websites you visit and applications you use. Other automated means often used on websites and applications are Pixel tags (also known as web beacons or clear GIFs). Pixel tags are typically transparent graphic images placed on a websites. These pixels are used in combination with cookies to measure the actions of visitors on the websites and applications. Most websites and applications use cookies and other automated means to collect certain data and facilitate services. Cookies are typically used in order to make websites function more efficiently; to make your experience when browsing the website or application more enjoyable and smooth; to remember your preferences; to autocomplete details so you don’t have to insert your full details every time you log in (such as username and password); to tailor content and information that is displayed to you and otherwise work to personalize your experience of the website or application. Cookies are also commonly used as tools enabling websites and applications owners to better understand the use of their products and services, to conduct business analytics and to engage in advertising activities for their business purposes or on behalf of third parties
  • There are different types of cookies. Some cookies come directly from the website or application you are browsing and others come from third parties which place cookies. Such types of cookies are commonly categorized as “First Party Cookies” and “Third Party Cookies”, respectively.
  • Cookies can be stored for varying lengths of time on your browser or device. “Session Cookies” are limited to the duration of your visit to the relevant website or application, and are terminated when you exit the website or application. “Persistent Cookies” will remain stored on your computer or device until deleted or until they reach their expiry date.

2. Cookies used by MOMKN Payments

  • MOMKN Payments may use different cookies with respect to its Website and Services including first party cookies, third party cookies, strictly necessary cookies, functionality cookies, performance (analytic) cookies and advertising cookies.
  • Information collected through the Website and Services by the use of cookies includes:
    • Information about the user’s operating system and device
    • Webpages accessed within the Website and Services; the link that led the user there; dates and times he/she accessed the Website and Services; event information (e.g. system crashes); and general location information (i.e. city or region);
    • Information provided on the Website and Services by users in order to streamline the user experience and prevent user from having to re-enter information during the next visit to the MOMKN Payments Website and Services;
    • Number of visitors on the Website and Services and a log of webpages that have been viewed;
    • To the extent we are using cookies for advertising purposes, we may collect advertising user ID and information associated with targeted advertising.
    • To the extent we are using cookies for advertising purposes, we may collect advertising user ID and information associated with targeted advertising.

3. Categories of Cookies

    • Strictly Necessary Cookies – These cookies are necessary to enable the communication between the user’s device and the website or application, or to provide the user with services requested by him/her. These are used solely for communicating over an electronic communications network, or to allow the provider of an online service to deliver as explicitly requested by the users.
    • Strictly Necessary Cookies – Functionality Cookies – These cookies allow the website or application to remember the choices made by the user (such as username, password, language preferences, or region). They also provide enhanced, more personal features, to improve the user experience on the website or application.
    • Performance (Analytic) Cookies – These cookies collect information about how visitors use the website or application, such as which pages visitors go to most often and if they are likely to get error messages from certain pages. The aggregate information collected does not identify a specific user personally. However, the cookies are used to improve how a website or application works, analyze usage patterns of the website or application, and assist the provider to maintain and improve its services.
    • Advertising (Targeting) Cookies – These cookies are used to deliver personalized advertisements to the user. Such cookies may be used to analyze a user’s preferences in accordance with the contextual information about the user’s activities on the website or application (for example, if a user is surfing a webpage displaying an article about a sporting event, cookies may be used to display to the user an advertisement associated with sports fans); or to correlate between a user and information about such user collected from other website or applications (for example, to display to the user an advertisement associated with sports fans based on the user’s profile in other website or applications). These cookies are used to promote advertising campaigns of website and application owners or those of third parties, as well as help measure the effectiveness of an advertising campaign. Advertising cookies are usually placed by advertising networks, which connect between the relevant advertiser and the location of publication of the advertisement