Poshmark collects your payment card details and banking information when you make purchases or receive payments as a seller on the platform.
The collection and storage of financial information creates risk if data is breached or mishandled, and consumers should understand how this sensitive data is protected.
Collection of payment card and banking data implicates PCI-DSS compliance obligations and may also engage CFPB oversight depending on how Poshmark handles payment facilitation. Compliance teams should verify the scope of financial data retention and third-party payment processor agreements.
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Poshmark collects extensive personal data including identifiers, payment information, location data, and behavioral data, and shares it with third-party advertising and analytics partners, which may affect your privacy and the ads you see. Users have limited control over how their data is used for targeted advertising unless they actively exercise opt-out rights. You can opt out of the sale or sharing of your personal information by visiting Poshmark's privacy settings or submitting a request through their designated privacy portal.