Very typical for a American company to just assume their non American customer are equal to their American counterparts (+ regulation etc.)
PayPal is planning an ad business using data on its shoppers
21–30 of 36 posts
Re: PayPal is planning an ad business using data on its shoppers
#22Before you say "another reason to stop using Paypal", keep in mind that credit card companies routinely share purchase data with online advertising companies. This is so that Google and others can tie online impressions to brick-and-mortar purchases, among other things. Paypal is playing catch-up.
It's not widely known but lookup "Level 3 Data" when processing credit card transactions.
Your whole receipt is sent to the CC companies, and used for ... well whatever you agreed to let them use it for. You read all the fine print, right?
Re: PayPal is planning an ad business using data on its shoppers
#23Earlier quoted context omitted.
Unless you also don't use Visa/Mastercard/Amex, you're being hypocritical. PayPal is a better choice than any of those.
Hypocritical, or just haven't got that far in my efforts yet? Paypal is much easier to jettison than the others. Just because the others also spy on me doesn't mean I have some sort of responsibility to allow PayPal to do it as well. That said, I do indeed avoid using credit cards when I can. That's not always possible. However, it is always possible to avoid using PayPal.
Just for clarifications, the same applies for debit cards as well.
Re: PayPal is planning an ad business using data on its shoppers
#24[deleted]
Re: PayPal is planning an ad business using data on its shoppers
#25Before you say "another reason to stop using Paypal", keep in mind that credit card companies routinely share purchase data with online advertising companies. This is so that Google and others can tie online impressions to brick-and-mortar purchases, among other things. Paypal is playing catch-up.
It's not widely known but lookup "Level 3 Data" when processing credit card transactions. Your whole receipt is sent to the CC companies, and used for ... well whatever you agreed to let them use it for. You read all the fine print, right?
I looked it up, and it seems L3 is only used by Visa and MC, and only for B2B/B2G.
Could you link a source supporting your claims?
Re: PayPal is planning an ad business using data on its shoppers
#26Ugh. Increasingly what bothers me about stuff like this is that we’re endlessly organizing more and more and more of our economic activity around marketing and advertising, and it chokes off the air-supply for so many other business models, products, and innovation pursuits.
The data privacy part? Sure, that’s annoying and troublesome, but God help me… can there be more of a point to everything than targeting & delivering ads? It’s just depressing.
Re: PayPal is planning an ad business using data on its shoppers
#27Very typical for a American company to just assume their non American customer are equal to their American counterparts (+ regulation etc.)
They are registered as a bank in EU, it's not as if they don't know about different regulations.
Re: PayPal is planning an ad business using data on its shoppers
#28PayPal is the last of my "dirty internet habits" that I've been whittling down. I think this provides me with more than enough motivation to finally get rid of it entirely.
What are you going to replace it with for internet purchases?
Manually typing credit card numbers?
Autofill makes it a lot easier as well.
Re: PayPal is planning an ad business using data on its shoppers
#29Very typical for a American company to just assume their non American customer are equal to their American counterparts (+ regulation etc.)
They are registered as a bank in EU, it's not as if they don't know about different regulations.
So why does the C-Suite ignores GDPR and other data protection acts around the world? Why assume regulation is similar to the USA world wide?
Re: PayPal is planning an ad business using data on its shoppers
#30Earlier quoted context omitted.
I've already dramatically reduced the amount of stuff I buy online. For things I have to buy online, I can just use one-time-use cards.
Like store bought gift cards, or an online service? If the latter, you're just shofting your trust somewhere else (which may be what you want, but it's worth making that explicitly understood).
Quite a few banks, like Capital One, let you create one-time-use or temporary cards in their apps. So, not really shifting trust outside of the bank providing the account to begin with.