Privacy Policy for Panam

Last Updated: 14/01/2026

Introduction

Panam ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, store, and protect your information when you use the Panam mobile application (the "App").

Information We Collect

Financial Data

Panam is a personal finance tracking application that allows you to record and manage your financial information. The App collects and stores the following types of data locally on your device:

• Account Information: Names and types of your financial accounts (cash, bank accounts, credit cards)
• Transaction Data: Income and expense transactions, including amounts, dates, categories, and optional notes
• Budget Information: Monthly budget limits and spending amounts by category
• Bills and Recurring Transactions: Bill details, due dates, payment history, and recurring transaction schedules
• Categories and Tags: Custom categories and tags you create to organize your finances
• Settings: App preferences including currency, theme, and security settings

Device Information

• Biometric Data: The App uses your device's biometric authentication (fingerprint or face recognition) for app lock security. This data is processed locally on your device and is never stored or transmitted by us.

How We Use Your Information

All data collected by Panam is stored locally on your device using SQLite database. We use your information solely to:

• Provide core functionality of the finance tracking app
• Enable features such as transaction history, budget tracking, and financial reports
• Secure your data through app lock functionality
• Maintain your preferences and settings

Data Storage and Security

Local Storage

• All your financial data is stored exclusively on your device
• Data is stored in a local SQLite database file
• No data is transmitted to external servers or third parties
• No cloud synchronization is performed

Security Measures

• App Lock: The App provides optional biometric authentication (fingerprint/face recognition) to protect your data
• PIN Protection: You can set a PIN code to secure access to the App
• Local Encryption: Data is stored in a local database on your device
• No Internet Access: The App does not require internet connectivity and does not transmit data over the network

Data Sharing and Disclosure

We do not share, sell, or disclose your personal or financial information to any third parties.

• No data is transmitted to external servers
• No analytics or tracking services are used
• No advertising networks have access to your data
• No third-party services collect your information

Your Rights

You have complete control over your data:

• Access: All your data is accessible within the App
• Modification: You can edit, update, or delete any transaction, account, or budget at any time
• Deletion: You can delete all data using the "Reset All Data" feature in Settings
• Export: You can view and manage all your data directly within the App

Data Retention

Your data is retained on your device until you:

• Delete individual items through the App
• Use the "Reset All Data" feature to clear all information
• Uninstall the App (data may remain on device storage until manually cleared)

Children's Privacy

Panam is not intended for children under the age of 13. We do not knowingly collect personal information from children under 13.

Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by:

• Updating the "Last Updated" date at the top of this policy
• Posting the new Privacy Policy in the App or on our website (if applicable)

You are advised to review this Privacy Policy periodically for any changes.

Third-Party Services

Panam uses the following third-party libraries for core functionality:

• react-native-sqlite-storage: For local database storage (no data transmission)
• react-native-biometrics: For biometric authentication (processed locally on device)
• React Navigation: For app navigation (no data collection)

These libraries do not collect or transmit your personal or financial data.

Permissions

The App may request the following permissions:

• Biometric Authentication: Used only for app lock security, processed locally on your device
• Internet Permission: Required by React Native framework but not used for data transmission

Contact Us

Consent

By using Panam, you consent to this Privacy Policy. If you do not agree with this policy, please do not use the App.

Summary

---