Boom only collects and stores data necessary to deliver its credit reporting service by furnishing rental data to the credit bureaus. Sensitive user data, such as payment account information, is stored with our verification partners such as Plaid and Stripe, which are bank-grade, highly-encrypted services. Our verification partners perform similar services for trusted companies such as Paypal, Robinhood, Coinbase, Venmo, Acorns, Chime and more.
For a complete explanation on how Boom uses and stores data, reference our Privacy Policy at https://www.boompay.app/legal.