This is infuriating. For starters, who at Paypal thought it was a good idea to inform their customers of such an impactful event happening via an email with the subject "We’re making some changes to our legal agreements"? That person should be fired immediately. Do you know how many emails businesses who use that card get like that from different credit companies and spammers? Do you have any clue how many emails come in from Paypal every day to some businesses? To make matters far FAR worse for me, and I assume thousands more, I have that card set up as the payment source for dozens of business related recurring subscriptions, and now, when a vendor attempts to charge the card, its declined, and I get ZERO indication who it was that made the attempted charge. Paypal only tells me that an attempt to use the card was declined. So now, with zero reasonable and sufficient warning, I have to try and figure out who and where that card was used for the subscription, and remove or update before my business falls apart when declines start rolling in. This is the most blatant example of corporate self-harm I've seen in years, Paypal. You are going to be burnt to a crisp on social media over this, and you just lost a 25-year customer. This is the opposite of business friendly.
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