Changes to The User Agreement
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Hello,
My question is about changes to the Paypal Agreement, in particular the amendment to section 1.3
“When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sublicensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content, in any media known now or in the future. ..........."
Can anybody tell me what content this refers to?
This question is obviously causing concern to other paypal users.
I don't know if anybody from Paypal actually reads these posts but if they do, could we have some clarification please?
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I'm also really wondering what exactly this change means. I think it's saying that Paypal owns content uploaded directly to the website, so for example, I have a business logo on my invoices that is uploaded here, and they will owns the rights to that logo. However, I'm worried that this vague paragraph means more than I understand, and is applying to the very content I'm selling.
I doubt that the latter is the case, since Paypal is linked to sites like Steam, and I really don't think Steam would allow Paypal the rights to all the video games they sell, but I'd really feel reassured if I understood this more clearly.
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This notice was first posted on FB by anonhq, so I'm wondering if Paypal has been hacked. This seems to be on the actual Paypal site, but the wording is clearly European, which is confusing. Plus some other typos.
https://www.paypal.com/hu/webapps/mpp/ua/upcoming-policies-full
Paypal needs to get on top of this. If people start closing their accounts due to this, it would damage the company's reputation and if they have stock, oh-oh.
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I got their new user agreement in my email.
As soon as I started reading it, the very first part about being able to call me and spam me with unwanted promotions was enough to tick me off so bad I didn't even READ the rest of the agreement.
I'm currently planning to just quit PayPal if they don't retract this. I don't use it that much anymore anyway. Actually I came here in order to do just that -- cancel my account -- but I haven't done it yet.
Might wait a day or two to observe the public reaction.
I'm posting a note on facebook to alert others to it.
Topvalueguy

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