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-fullIF 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;
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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?