You Should Know @lemmy.world malloc @lemmy.world 2 mo. ago

YSK: PayPal (USA) is updating their “Privacy Statement” policy to automatically share data about you with retailers. Policy takes effect 2024-11-27. Requires opt out by user to deny sharing

Policy Updates

Amendments to the PayPal Privacy Statement Effective November 27, 2024:

We are updating our Privacy Statement to explain how, starting early Summer 2025, we will share information to help improve your shopping experience and make it more personalized for you. The key update to the Privacy Statement explains how we will share information with merchants to personalize your shopping experience and recommend our services to you. Personal information we disclose includes, for example, products, preferences, sizes, and styles we think you’ll like. Information gathered about you after the effective date of our updated Privacy Statement, November 27, 2024, will be shared with participating stores where you shop, unless you live in California, North Dakota, or Vermont. For PayPal customers in California, North Dakota, or Vermont, we’ll only share your information with those merchants if you tell us to do so. No matter where you live, you’ll always be able to exercise your right to opt out of this data sharing by updating your preference settings in your account under “Data and Privacy.”

edit: update title to reflect this is for PayPal USA users

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102 comments

Just logged in, just found it, just opted out. Thanks for the heads-up OP.

But fucking fuck. Can we put a stop to this? Legally? We could call it sometime like... The National Opt-out Policy Elimination (NOPE) Act or something.
Imagine if you lived in a country with a banking system so modern, that nobody needed Paypal or Venmo.
Yeah, that's illegal in the EU.
I only skim read, but the provided link seems to me that opting out isn't an option:

However, if you would prefer to decline them, then you will need to close your PayPal account prior to the applicable effective date, as described in the user agreement.
Thanks for the heads up 👍

Here's the direct link to disabling it but I assume Capcha or login will probably get in the way: https://www.paypal.com/myaccount/privacy/settings/recommendations
In the Android app, open your profile, tap Data and Privacy, then Personalized Shopping, then toggle it off.
I Don't Forget, I Don't Forgive.. https://www.forbes.com/sites/emilymason/2022/10/27/after-paypal-revokes-controversial-misinformation-policy-major-concerns-remain-over-2500-fine/

That was the moment I already deleted all PayPal accounts. To never return back.
Misleading. This only applies to the US.
Sigh, yet another enshittified service to cancel.
Lol, paypal now has an option to store your SSN and passport info. What a scam.

Account deleted.

https://www.paypal.com/myaccount/privacy/ -> Delete your data / close account
Thank you. Just closed my account. Didn't need it anyway and I sure as fuck don't need to be generating income for PayPal anymore.
US only
Thanks for the heads up, I would have missed that.
At least 3 states have common sense laws to auto opt-out. I think every state should have these privacy laws, even if those 3 are minimal at best.
Venmo is owned by PayPal, but I couldn't find any information about if similar Venmo TOS changes are planned or already in effect.
Anyone know if this applies to Canada too? I looked but couldn't find it.
good thing i canceled my paypal account years ago and specificially told them to delete all information about me, not that i have much trust they obey the law if they can get away with it
Luckily my country has a standard payment system for every bank in the country so I don't to use this shitty ass service
This must be US exclusive as here’s my options in Canada…
Is this a thing for EU accounts, or does GDPR prevent it?
Thanks! Turned that BS off right now!
People still use PayPal?

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