Soon, PayPal and eBay will no longer be part of the same group of companies and will operate as unrelated organizations. This is the reason why PayPal said it is updating its User Agreement, Privacy Policy, and the Acceptable Use Policy to continue providing the same great services you’re used to.
PayPal said: “Although we’ve updated the Privacy Policy, our commitment to protecting your data remains unchanged. We’re also making other changes to our business practices and policies that aren’t related to the separation. You can read about the details on our “Policy Update” page. To learn more about what’s been changed, simply log in to your PayPal account and click on Policy Updates under the ‘Notifications’ section.”
The amended User Agreement, Privacy Policy, and Acceptable Use Policy will automatically apply on July 1, 2015.
“We encourage you to review this policy update to familiarize yourself with the changes being made. If you don’t want to accept the changes, please follow the steps we’ve outlined on the Policy Update page,” PayPal said.