Privacy Policy

Last updated: June 2026

1. Information We Collect

We collect information you provide when registering: business name, contact name, email address, phone number, and business documentation required for buyer verification. We also collect transaction data including bids placed, lots won, and payment information.

2. How We Use Your Information

We use your information to verify buyer eligibility, process auction transactions, send invoices and payment confirmations, schedule pickup appointments, and communicate about auction activity. We do not sell your personal information to third parties.

3. Data Security

All data is transmitted over HTTPS. Passwords are hashed using bcrypt. Payment information is processed through PCI-compliant payment processors — we do not store full card numbers on our servers.

4. Cookies

We use a single session cookie to maintain your login state. This cookie is HttpOnly and Secure. We do not use tracking cookies or third-party analytics cookies.

5. Data Retention

Transaction records are retained for 7 years as required by tax and business regulations. Account data may be deleted upon written request, subject to legal retention requirements.

6. Contact

For privacy-related requests, contact us at info@loopstone.net.