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10 Elder
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44K Posts
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37
PayPal to sell our data...
PayPal is introducing its new PayPal Ads Network. Companies will pay to access the data PayPal has about its users, including Venmo users too.
That means companies will be able to push ads, discounts/promotions, etc to people based on their PayPal and Venmo histories.
Read more here and here.
Time to close both these accounts..?
RoHe
10 Elder
10 Elder
•
44K Posts
0
June 8th, 2024 00:08
They probably won't share your account details, such as username/password, linked credit card(s) and/or bank accounts, etc.
They're probably (hopefully) just going to sell info about what/when/where you bought things and used PayPal or Venmo to pay. That way, other companies can blitz you with ads for things (eg, accessories) related to those purchases.
Still an invasion of our privacy...