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Time to move away from PayPal come July 1st

Discussion in 'CryptoCurrency' started by ch8878, Apr 26, 2015.

  1. ch8878

    ch8878 Elite Member

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    PayPal's Terms of Service to change July 1st, 2015

    If you haven't seen this, you should, and you should share this with your friends, family, anyone who used PayPal in connection with a website providing online content.

    On July 1st, 2015, Paypal will update it's TOS agreement to take away any and all intellectual rights to any content you provide online.

    If you use Paypal to accept PayPal, they will attempt to take ownership of any online content you add to your business or website. Here is a key excerpt that basically starts: https://www.paypal.com/ie/webapps/mpp/ua/upcoming-policies-full?locale.x=GB

    Source: https://www.cryptocoinsnews.com/bitcoin-future-paypal-changes-terms-service-take-content/

    Just thought I should share this with everyone.

    Amendment to the PayPal User Agreement.

    Intellectual Property


    We are adding a new paragraph to section 1.3., which outlines the license and rights that you give to us and the PayPal Group (see paragraph 12 below for the definition of "PayPal Group") to use content that you post for publication using the Services. A similar paragraph features in the Privacy Policy, which is removed by the addition of this paragraph to the User Agreement. The new paragraph at section 1.3 reads as follows:

    "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, sub-licensable (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. Further, to the fullest extent permitted under applicable law, you waive your moral rights and promise not to assert such rights against the PayPal Group, its sublicensees or assignees. You represent and warrant that none of the following infringe any intellectual property right: your provision of content to us, your posting of content using the Services, and the PayPal Group's use of such content (including of works derived from it) in connection with the Services."
     
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  2. IAlwaysWin

    IAlwaysWin Junior Member

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    Another sign that Paypal is losing steam. I've been looking into Yandex Money as an alternative to gready Paypal. Just in case you wanted to check them out: https://money.yandex.ru/new It's worth a try, they also have email that's soon to rival Gmail. I use it now and it's awesome.
     
  3. spacezeus

    spacezeus Power Member

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    I'm thinking of Skrill(Moneybookers). Hopefully the game changed, people will moved to other payment system after this.
     
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  4. soulcollector

    soulcollector Senior Member

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    They just killed themselves, literally. If what they are saying is what I think they are clearly saying then its the end of them as we know it. With the right "viral" marketing done through social media, any one of us blackhatters can drive the final steak into Paypal once and for all. They went far beyond the neccesary rights to be a service provider, and it seems it is high time to bury them because of their blind greed and stupidity.

    Amazon Payments looks promising, though again I on't have time to read their TOS.
     
  5. thisismymp3

    thisismymp3 Power Member

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    what does this mean in plain old english can someone translate it ?
     
  6. SimpleSiteSolutions

    SimpleSiteSolutions Jr. VIP Jr. VIP

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    It sounds like it means if you use paypal on your site to accept payments, paypal can take any content from your site to use in any way they wish. Basically you give them the right to use anything you publish

    That's what I gather anyway
     
  7. thisismymp3

    thisismymp3 Power Member

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    that is what i thought but i can't wrap my head around that
     
  8. SimpleSiteSolutions

    SimpleSiteSolutions Jr. VIP Jr. VIP

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    Me neither really. I'm surprised a company's terms can give them that much control
     
    Last edited: Apr 26, 2015
  9. fuzzy_corleone

    fuzzy_corleone Regular Member

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    Last edited by a moderator: May 18, 2016
  10. uncguy4321

    uncguy4321 Regular Member

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    No guys. Just like this situation, where someone made an ebay guide of buying vintage t shirts on ebay, then ebay took and used the content themselves....and cited their own terms agreement, which uses the exact same wording, as ebay and paypal are/were under the same company umbrella.... http://www.ecommercebytes.com/C/abblog/blog.**?/**/2014/5/1399848587.html

    It is not saying that if you accept paypal as payment everything on your site is their property. That is frankly absurd and would never hold up in court. So, the hundreds of thousands of sites that offer paypal as a payment service, now ALL of that intellectual property belongs to paypal, just because paypal declares it so?

    LOL
     
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  11. GreenGoblin

    GreenGoblin BANNED BANNED

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    My GF is a licensed attorney, im going to get her to read it over and tell us exactly what it's saying but...honestly from what im reading the clause is allowing them rights to your content
     
  12. StarSpangledGraphics

    StarSpangledGraphics Newbie

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    That's some BS. However, I happen to agree with Amazon Payments. They claim 15% more people use amazon payment and that there is 30% more conversions in sales. About .30 cents per order for processing. It's worth a try.
     
  13. kideze

    kideze Elite Member

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    Yea, might want to have other payment options available.

    Check out Stripe.com people.
     
  14. stacy666

    stacy666 Regular Member

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    Also I got this in my e-mail from PayPal.

     
  15. miki77

    miki77 Registered Member

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    Time for the bitcoin revolution :D
     
  16. intrepid

    intrepid Regular Member

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    I was about to ask about Stripe.com which is a PP alternative. Does anyone have experiences with Stripe they care to share?
    I'll look at Amazon Payments too.

    Perhaps someone should start a thread comparing Stripe, Amazon Payments and PP.
     
  17. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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    This was posted the other day

    http://www.blackhatworld.com/blackh...l-intellectual-content-new-policy-update.html

    Read my response here: http://www.blackhatworld.com/blackh...al-content-new-policy-update.html#post7845964

    I am surprised that so many people are misreading the terms, this only concerns material that you post on the PayPal Group of companies Website etc,

    The article posted here https://www.cryptocoinsnews.com/bitcoin-future-paypal-changes-terms-service-take-content/ is pure crap.
     
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  18. shndaniel

    shndaniel Junior Member

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    And this is why copyright, patent, royalty, etc laws need a reform.
     
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  19. AutomationSorcerer

    AutomationSorcerer Registered Member

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    "When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, ..."

    Don't want to sign over any rights, don't upload anything to their server. Seriously guys, this is pretty standard stuff for any site that allows you to upload content that is then served by the site's servers. You're giving them permission to host your content (aka, the image you use for your pay now button).


    People need to familiarize themselves more with contract law, IP law and the unconscionable contract doctrine that would make the misinterpretation people keep having over this irrelevant even if true before having a panic attack. This would be struck down in court if it were as people are interpreting it.

    *sigh*

    I agree that reform is needed for various reasons, but this isn't one of them.
     
    Last edited: Apr 26, 2015
  20. ch8878

    ch8878 Elite Member

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    Yep he was right that article was BS.

    1.3 Intellectual Property. The URLs representing the PayPal website(s), "PayPal," and all related logos of our products and services described in our website(s) are either copyrighted by PayPal, trademarks or registered trademarks of PayPal or its licensors. In addition, all page headers, custom graphics, button icons, and scripts are either copyrighted by PayPal, service marks, trademarks, and/or trade dress of PayPal. You may not copy, imitate, modify, alter, amend or use them without our prior written consent. You, as a merchant, may use HTML logos provided by PayPal through our merchant services, auction tools features or affiliate programmes without prior written consent for the sole purpose of identifying yourself on your website as a merchant who accepts payments through the Service and directing web traffic from that website to the Service, but we may limit or revoke this permission at any time and for any reason in our sole discretion. You may not alter, modify or change these HTML logos in any way, use them in a manner that is disparaging to PayPal or the Service or display them in any manner that implies PayPal's sponsorship or endorsement. All right, title and interest in and to the PayPal website and any content thereon is the exclusive property of PayPal and its licensors.