Terms of Use | Notion

1. Introduction

Welcome to Five Cents! These Terms of Use ("Terms") govern your use of the Five Cents mobile application ("App"), which provides a personal finance tracking service. By using this App, you agree to be bound by these Terms. If you do not agree with any part of these Terms, please do not use the App.

2. Purpose of the App

Five Cents is a personal finance tracker that allows users to record and manage their financial transactions, such as expenses and income. Users can also create categories, add transaction notes, and export data as CSV files.

3. User Registration and Privacy

Five Cents does not require users to register an account or provide any personal data. All data entered by the user is stored locally on the user’s device and backed up via iCloud if enabled by the user.

4. Content and User Responsibilities

Users may input their financial data and categorize it. Since there is no social or shared content in this App, users are solely responsible for ensuring the accuracy and completeness of their own data.

5. In-App Purchases and Subscriptions

Five Cents offers two types of purchases:

An Annual Subscription, which includes a trial period.
A Lifetime Purchase option.

All purchases are managed via Apple's App Store and the RevenueCat service, which assigns random user IDs to handle purchases. Prices and terms of payment are provided during the purchase process.

6. Third-Party Services

The App integrates with third-party services:

Open Exchange Rates: This service fetches the most recent currency exchange rates. No user data is shared with this service.
RevenueCat: This service manages in-app purchases and subscriptions. RevenueCat uses randomly assigned IDs to track purchase-related activities without collecting any personal data.

7. Data Storage and Termination

All data entered into the App is stored securely on the user's device and, if enabled, in their iCloud account. Since there is no user account system in Five Cents, users can only manage and delete their data through their devices. There is no centralized service where user data can be terminated or removed.