November 7, 2024 at 6:49 pm

PayPal Customer Reveals The Many Changes Coming To The Payment Platform That You Need To Know About. – ‘There are a lot of people who are getting their claims denied.’

by Matthew Gilligan

Source: TikTok/@seansvv

Attention, friends!

There are some changes to PayPal and a TikTokker named Sean thinks it’s in your best interest to know all about them before you blindly go along with the program.

Source: TikTok

Sean said about PayPal, “They did change a lot in their terms of service. And if you’re someone who didn’t want to read all that, don’t worry. I did it for you.”

Sean told viewers the new changes kick in on November 27, 2024 and he said that PayPal will now share your personal information with merchants…but there is a way you can not take part in this update.

Sean told viewers that if they want to opt out of the new changes, they can click the “Data and Privacy” button in their PayPal accounts and turn off “Personalized Shopping.”

Source: TikTok

Sean also told viewers that PayPal ended its fundraiser program on October 7, 2024.

He said, “If you currently have a fundraiser up, it’s still good, don’t worry. But any new fundraisers that you want to start after October 7 will not be valid. However, if you do have a fundraiser, you must move those funds to your PayPal balance by January 12, 2025, because by the 13th of that month, there will no longer be terms and conditions or a binding legal agreement that goes under the PayPal fundraiser. I wouldn’t play around with them to see where that fundraiser money goes.”

Sean also told viewers, “If you are someone who uses PayPal as a payment service or third party, please have all of your packages tracked,” he added. “Especially if you are an online store, there are a lot of people who are getting their claims denied because the package has not been tracked.”

Source: TikTok

Here’s the video.

@seansvv

PayPal’s New Terms and Conditions #termsandconditions #fineprint #legal #cliffsnotes #summary #tut #optout #privacy

♬ original sound – SEAN

This is how TikTokkers reacted.

This person weighed in.

Source: TikTok

Another TikTokker has some ideas.

Source: TikTok

And this TikTok user is over PayPal.

Source: TikTok

Good to know!

If you liked that story, check out this video about a Dollar Store cashier who has had it with customers who argue over $4 products.