How to Opt Out of PayPal's New Data Sharing Policy Before It's Too Late
PayPal is changing its data sharing practices, and it's crucial to understand how this might affect your privacy. Starting November 27th, 2024, PayPal will begin sharing personal data, like your purchase history and preferences, with merchants to "enhance" your shopping experience. However, you can opt out of this data sharing before it takes effect.
What You Need to Know:
- Data Sharing with Merchants: Unless you manually opt out, PayPal will share your data with merchants for "personalized shopping."
- State Exceptions: Users in California, North Dakota, and Vermont are protected by stricter privacy laws. Their data won't be shared unless they explicitly opt in.
- User Concerns: Many PayPal users have expressed privacy concerns and confusion about the new policy on social media. Some have reported difficulty finding the opt-out option.
How to Opt Out:
- Open PayPal: Log in to your account via the app or website.
- Go to Settings: Tap your profile icon (app) or the gear icon (website).
- Find Data & Privacy: Scroll down to the Data & Privacy section.
- Manage Shared Info: Look for the "Personalized Shopping" option.
- Toggle It Off: Turn off the toggle switch to prevent PayPal from sharing your data.
Important Notes:
- Business Accounts: The opt-out option might not be available for all account types, especially business accounts. Contact PayPal support if you can't find it.
- Act Quickly: The new policy goes into effect on November 27th, so opt out before then if you want to keep your data private.
While PayPal is giving users a way to opt out, the process might not be intuitive for everyone. It's essential to take action now to control what data PayPal shares.