| Ebayorbust | 11-17-2014 06:58 AM |
Re: Paypal new user agreement - issues
Quote:
Originally Posted by Callidus
(Post 608969)
29th January 2015
| Sorry, but it's 29th December 2014.
These issues affecting us are being caused by changes to the Privacy Policy which are effective 29th Dec.
The changes to the user agreement are effective 29th Jan.
For those that are concerned, you only need to read that section to understand what's coming.
I'm not scaremongering, it is there is black and white what they will be doing.
Company: ID Checker.nl BV (Netherlands) (Ireland)
Purpose: To verify identity; automatic data extraction from images of documents, and document validation / forgery detection. Research and testing as to appropriateness of new products and services.
Company: Zoot Enterprises, Inc. (USA), Zoot Deutschland GmbH (Germany), Zoot Enterprises Limited (UK)
Purpose: To process technical applications and to provide a data and document gateway for account review and vetting purposes, and to exchange user information and images of documents proving identity, address and ownership of funding instrument with contracted fraud and credit reference agencies. To also aggregate data from internal and external data sources and provide statistical analysis in order to assess the risk of fraud.
The first one is being used to auto-verify documents. The second one uses documents submitted and cross-references with credit bureau data. For example, if you add say a Halifax bank account to your Paypal. They will cross-reference this with a credit agency where some sort of entry for Halifax should appear for the named person. Same with utility bills etc etc.
It is also very unwise to assume that testing of this software has not already taken place and everything will be fine until 29th Dec. | 
