Privacy policy
StatementIQ handles merchant statements and payment cost data as sensitive business information. This page explains how the product is intended to collect, use, protect, and improve from that information.
Last updated May 13, 2026StatementIQ may collect account information, sign-in details, merchant profile information, uploaded processor statements, billing records, support messages, feedback, and usage or diagnostic information needed to operate and improve the service.
Uploaded statements are used to generate reports, extract merchant and processor details, identify savings signals, support manual review, improve parser coverage, provide account history, and maintain security and audit records.
StatementIQ is an AI-first company and may use AI-assisted workflows to interpret statement formats, draft report language, identify likely savings opportunities, and support analyst review. Human review may be used where needed, especially for unknown formats.
As the dataset grows, StatementIQ may use anonymized and aggregated information to build market benchmarks for comparable merchants. Your raw statement, business name, exact pricing, and merchant-specific information are not shown to other merchants.
Benchmarking should use aggregated peer groups, minimum sample sizes, and comparable cohorts so another merchant cannot infer your specific terms. Merchants may be offered opt-out controls as benchmark features mature.
StatementIQ does not sell merchant statements. Information may be shared with service providers that help operate the product, such as hosting, authentication, storage, payments, analytics, support, and security providers, under appropriate operational controls.
The service is designed around private statement storage, signed upload flows, encrypted infrastructure, audit trails, and separation between payment data and statement analysis. Payment card entry is handled by payment processors such as Stripe, not by StatementIQ.
Statements and related records may be retained for analysis, account history, auditability, product improvement, and support. As the product matures, retention controls and deletion workflows will be expanded for production use.
For privacy or terms questions, contact Quantara Systems through the support or contact channel provided in the StatementIQ app.
This page is a working business draft and should be reviewed by counsel before broad production launch.