Paypal - New Draconian Polices take effect July 1st

[bitacer]

Closed mine too .

[merockstar]

thanks for bumping this guys. I just closed my account.

I wasn't able to remember my password (luckily I've since wised up and started using keypass), they had an old address and debit card on file, and I couldn't remember who my favorite historical figure was. I was completely locked out of my account.

I literally had to call them and navigate through their maze of an automated system before I finally asked it for a person. When I got the person, they had to ask me a series of questions to verify that it was me. One of them was what month my uncle's ex-wife born in (they've been divorced for a decade). I lucked out and happened to know, but man I would imagine most people are screwed if they lock themselves out of their account. The lady said the questions get even more absurd than that sometimes.

Anyway, I got to verbally express why I was closing my account, that was fun.

2500 for violating the terms of service, and it's against their terms to buy crypto...

yea... that would be 2-3 months worth of pay over nothing... intolerable...

[MrJeans]

I bought some bitcoin from someone using Paypal back in the early days.
Paypal then said I was not allowed to use Palpal for virtual currency stuff and accused me of funding terrorism and money laundering.

They have me the option to provide more details about myself and explain my actions.

I decided to just close the account.

[fuzzy]

I'd like to point out that the changes vary significantly from region to region across the globe. The changes being discussed here are relevant in the United States.

So bear in mind, if you're not in the U.S., that the updates may not include the issues being discussed here.

If I find time, I'm going to go through the terms for the UK. It's annoying to have to do this, and I don't like what they're doing in the U.S. (so maybe I'll just close my account regardless)...

edit: Well it seems we have it relatively good in the U.K. (and I think the whole of the E.U.?) - we can set our own communication preferences, and so opt out of surveys, newsletters, marketing etc.

If you think about it, it is only aatter of time before they try to expand those powers. 

[hadrian]

I'd like to point out that the changes vary significantly from region to region across the globe. The changes being discussed here are relevant in the United States.

So bear in mind, if you're not in the U.S., that the updates may not include the issues being discussed here.

If I find time, I'm going to go through the terms for the UK. It's annoying to have to do this, and I don't like what they're doing in the U.S. (so maybe I'll just close my account regardless)...

edit: Well it seems we have it relatively good in the U.K. (and I think the whole of the E.U.?) - we can set our own communication preferences, and so opt out of surveys, newsletters, marketing etc.

[cass]

finally - account closed

[cass]

https://www.cryptocoinsnews.com/bitcoin-future-paypal-changes-terms-service-take-content/

[mangou007]

Account closed

[cass]

http://btc.com/paypal-fined-deceptive-practices-not-admit-wrongdoing/

[onceuponatime]

We're all about to find out what happens when an entire world's financial system is based on usury.

I hope we are ready in time!

[Ben Mason]

We're all about to find out what happens when an entire world's financial system is based on usury.

[onceuponatime]

I hate to say this, but if this NDAA, chicago blcak torture sites, NSA spying, TPP...and now paypal stuff doesn't open people's eyes, nothing will.

TPP is the Trans-Pacific Partership I'm assuming.

People are only motivated when they get effected directly.  Very few people look at the future and make preparations now.  Most people are engineered to only worry about today and let tomorrow handle itself.

Here's an example, why do we call them "Credit Cards" ?   They should be called "Debt Cards"  (not debit, but debt)

Everytime you use one, you're basically creating debt for yourself, even if you do pay it off later.

   

Hopefully, we ae the ones who are preparing.

p.s. I don't have a credit card.

[crypto4ever]

I hate to say this, but if this NDAA, chicago blcak torture sites, NSA spying, TPP...and now paypal stuff doesn't open people's eyes, nothing will.

TPP is the Trans-Pacific Partership I'm assuming.

People are only motivated when they get effected directly.  Very few people look at the future and make preparations now.  Most people are engineered to only worry about today and let tomorrow handle itself.

Here's an example, why do we call them "Credit Cards" ?   They should be called "Debt Cards"  (not debit, but debt)

Everytime you use one, you're basically creating debt for yourself, even if you do pay it off later.

[fuzzy]

Wow is that even legal? Regardless, I'm closing my paypal account as well. I'm not agreeing to those Nazi like terms.

They write whatever they want in there and then when shit hits the fan it's your lawyer against theirs.

Mark my words...all of us here are going to have to make some very tough decisions as we move forward.  Many of us, if we stick to our principles, will likely be called cyber terrorists and indefinitely detained.  And if we go along, we will likely only be spared until all the other sheep are tortured, killed, or worse...

I hate to say this, but if this NDAA, chicago blcak torture sites, NSA spying, TPP...and now paypal stuff doesn't open people's eyes, nothing will.

All I know is that every time I look at my baby jericho, I feel the need to continue working here to whatever degree I can.  This is literally the only thing any of us can do.  The world we are moving toward make 1984 seem like a dull story.

[Riverhead]

Wow is that even legal? Regardless, I'm closing my paypal account as well. I'm not agreeing to those Nazi like terms.

They write whatever they want in there and then when shit hits the fan it's your lawyer against theirs.

[cass]

Wow, when did Paypal become so evil?  I remember back in like 2001 when they were cool.

Paypal going full evil helps the cryptocurrency sector though, so I'm not complaining.

This all plays into world-governance and the Root of the problem(s) we face.  Total surveillance coupled with digital currency (if done wrongly) can literally bind us to chains that most people cannot even fight against.  This is VERY dangerous. 

The TPP is part of this...and it is secretly being pushed.

so true!!

[fuzzy]

Wow, when did Paypal become so evil?  I remember back in like 2001 when they were cool.

Paypal going full evil helps the cryptocurrency sector though, so I'm not complaining.

This all plays into world-governance and the Root of the problem(s) we face.  Total surveillance coupled with digital currency (if done wrongly) can literally bind us to chains that most people cannot even fight against.  This is VERY dangerous. 

The TPP is part of this...and it is secretly being pushed.

[thread]

As if they weren't already a Monsanto-grade asshats.

Goodbye, PayPal.

[Ben Mason]

Had to call customer services but still......cancelled my account.

[liondani]

Interesting:

Your account is being reviewed and cannot be closed at this time.

Imagine how much accounts are closed the last days? 
They must somehow stop it.... (even technically) 

[emski]

Interesting:

Your account is being reviewed and cannot be closed at this time.

[MisO69]

Wow is that even legal? Regardless, I'm closing my paypal account as well. I'm not agreeing to those Nazi like terms.

[xeroc]

Closed my account.

count me in

[Ander]

Wow, when did Paypal become so evil?  I remember back in like 2001 when they were cool.

Paypal going full evil helps the cryptocurrency sector though, so I'm not complaining.

[bytemaster]

Closed my account.

[cass]

ok, so will delete my pp account also ...

[Ben Mason]

Guess they are feeling threatened and have decided to go full amoral to squeeze as much as they can out of their user base before it's curtains.

These user agreements are only enforcable due to a corrupt legal system and facist government.

[robrigo]

Yikes!

To close your PayPal account:

    Log in to your PayPal account.
    Click the Profile link.
    Click the Close Account link in the Account Information column.
    Click the Continue button.
    Click the Close Account button.

Before you close your account

Your PayPal account can't be closed yet because you have PayPal Credit. If you want to close your PayPal Credit account, email us or call us at (866)528-3733 (Mon-Fri, <7AM-1AM ET> and Sat-Sun, <9 AM-11 PM ET>).

[crypto4ever]

Paypal is making changes to its user agreement effect July 1st, 2015.  They explicitly state:

https://www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full

IF YOU DO NOT AGREE TO THE AMENDED USER AGREEMENT, PRIVACY POLICY OR ACCEPTABLE USE POLICY, YOU MAY CLOSE YOUR ACCOUNT BEFORE JULY 1, 2015 AND YOU WILL NOT BE BOUND BY THE AMENDED TERMS.     

Hmmm... A little foreshadowing there on what lots of user's response might be??

Some highlights:

______________________

-- You consent to receive autodialed or prerecorded calls and text messages from PayPal at any telephone number that you have provided us or that we have otherwise obtained.

[....to...]  (v) poll your opinions through surveys or questionnaires, (vii) contact you with offers and promotions;

______________________

PayPal, in its sole discretion, may place a hold on any or all of the payments you receive when PayPal believes there may be a high level of risk associated with you, 

[...and...]  PayPal may rely on information it receives from third parties.

_______________________

We may close, suspend, or limit your access to your Account  [and/or your ability] to remove financial Information

You acknowledge and agree that $2,500.00 USD per violation of the Acceptable Use Policy...

...We may update inaccurate Information you provided us...    (writer's note: doesn't say where they will get this information, or what verification they'll do to ensure its accurate)

_______________________

YOU AND PAYPAL AGREE THAT EACH OF US MAY BRING CLAIMS AGAINST THE OTHER ONLY ON AN INDIVIDUAL BASIS AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE ACTION OR PROCEEDING.

(Writers note: No more possibilities for class action lawsuits)

________________________


Oh.. there is lots of neat hidden gems in their upcoming policy change document.  It appears the world is Paypal's oyster.

If you confront Paypal about it, they'll probably brush it off, saying "oh, well the third parties we're talking about is eBay".

Really? THEN SAY eBAY IN YOUR DOCUMENT.  Why put in "3rd parties" which means any other person or organization on earth too?