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Lee Webster
wamo Case Study
wamo Became a customer in March 2022- it's a service that allows you to set up a business account in minutes and enjoy all the features of a regular bank account and so much more. Let's find out a bit about wamo from them directly!
What does wamo provide?
wamo provides a business banking account for everyone. We say this because for some people it can prove unexpectedly difficult to get a business bank and in most cases it shouldn’t be. We have made the account opening process quick and painless and place a great deal of importance on one-to-one customer service so that business owners feel supported. With a wamo account you get all the usual banking features and limitless accounts, cards and the option to choose between EU and GB IBANs.
We’re in the process of innovating our account opening process to make wamo even more accessible and easy to use… coming soon!
What is your company culture?
To get us to where we are (we started very small!), we have had to be a very flexible, adaptable team. Now that we’ve grown and settled into things we continue to strive to be a forward looking company with the nature to adapt but our culture right now is around nurturing sole traders and small businesses especially - it’s no secret that there are hard times ahead for businesses and we want to be part of the solution. This applies to our culture as well: looking out for each other and our teams, working hard and celebrating the wins. We’re all in it together.
Why is GDPR important to you?
As a startup in the fintech space/financial services industry, our customer data is sensitive and business owners want to know that their data is being processed in a GDPR compliant way. Many also want to understand how it’s being processed and for what purpose, myself included. Maintaining trust and credibility with our customers is crucial to being able to provide them with a service that they’re happy with.
Why did you choose Privasee?
wamo is a startup with a small team, so we don’t have the luxury to have someone in-house drafting up GDPR compliant policies. We’ve also found that it’s unnecessary! The Privasee portal is intuitive to use, so we can easily update our privacy policy instantly when needed.
The transparent layout and clear language used in the privacy policy provided means that we’re not only covered for GDPR but also all of our customers can read and understand how any of their data is being used.
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FAQ
Frequently asked questions
Do I need to connect all my tools and third parties?
We never have access to any of your data, our platform is able to scan each tool and provide recommendations without needing to access any of the data within those tools. There's no need for your dev' team to do anything, there are no security risks, just tell us the tools you use and we will do the rest.
What is the scope of my privacy policy?
Our policies are not just about my website or service. Once set up, our platform will help you map-out internal and external processes, such as HR, finance, and more!
Do I need to replace my current policy for the privacy portal?
We recommend replacing your current policy with our policy, this way you’ll remain compliant as your business changes and as the laws update.
Do I need help filling out my details?
Setting up is easy, just follow the on-screen commands and go through a few short steps to add your tools. You don't need any technical ability, anything you don't know the answer to you can ask us via our live chat or add later.
Why can’t I just use a template and add it to my website myself?
A template will not be applicable to your particular business as there are many things to consider for each tool you use. Also the template will not automatically update when changes happen in your business and when changes to GDPR laws are released. This can leave you vulnerable to breaking GDPR laws.
What if you don’t have the tools and third parties that I have?
We have a huge selection of tools pre-loaded and anything you don't see you can add directly from the platform as well as mapping data for any custom software you may use.
Which plan should I choose?
Our Essential Plan is perfect for people just getting started, small businesses, self-employed people and early stage companies. It allows you to get set up and start making your site GDPR compliant. You can move to our pro plan when you grow and your needs become more complex.
Our Pro Plan is aimed at SMEs and is our most popular plan as it includes everything you'll need such as a cookie banner, multiple languages as well as dedicated support.
Our Agency Plan is aimed at businesses that operate with clients needing GDPR solutions. The plan allows you to onboard clients as well as benefit from the Pro Plan for your own site.
Our Enterprise Plan is our most customisable and inclusive plan aimed at large, corporate businesses. We will essentially build you a bespoke plan with full maintenance support, onboarding classes and full company-wide access.
Feel free to get in touch to discuss our GDPR Compliance Software solution.
How easy is it to set up?
Signing up is super easy. The platform will ask you a few basic questions and then you can add your tools - don't worry if you don't know them all, you can come back and add tools at any point. The platform will then generate you the correct privacy policy based on your information, you can there share it directly on your site. That's it!
What size companies is Privasee aimed at?
Privasee has a plan for smaller companies as well as larger enterprise companies. For companies small to medium you can signup directly. For bigger enterprise companies get in touch with your requirements and our team will build you a bespoke plan.
I already have a privacy policy, do I need Privasee?
You have a legal responsibility to keep your policy up to date with every change in legal requirements for every tool you have. With Privasee you are always covered.