Coming to all July 1, 2015, All Your Copyrighted material, Trademarked, Intellectual Ideas, and Much More will belong to Paypal if you use their services.
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https://www.paypal.com/ie/webapps/mpp/ua/upcoming-policies-full?locale.x=GB
Amendment to the PayPal User Agreement.
Intellectual Property
We are adding a new paragraph to section 1.3., which outlines the licence and rights that you give to us and to 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, sublicensable (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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I’m switching to Google Wallet or something else. Paypal lost me.Oookay, before the rampant fear-mongering continues, I want to give you a critical piece of their User Agreement.
1.1 PayPal is Only a Payment Service Provider. PayPal helps you make payments to and accept payments from third parties. PayPal is an independent contractor for all purposes, and is not your agent or trustee. PayPal does not have control of, or liability for, the products or services that are paid for with the PayPal Services. We do not guarantee the identity of any User or ensure that a buyer or a Seller will complete a transaction.
Now, I feel the need to provide all of the definitions associated with Paypal.
“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, sublicensable (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.”
Before we all freak out, we need to look at their legal definition of Services, which is:
- ““Services” means all products, services, content, features, technologies or functions offered by PayPal and all related sites, applications, and services.”
Paypal does not have any means to publicly post content via their services… anywhere. If they DID, then this would mean your artwork, etc. belongs to them. I believe this is in reference to logos, banners, etc.
Please don’t let legal jargon just scare you away. Take the time to read your TOS, your User Agreements, and Privacy Policies.
I ask that you reblog this so that as many people as possible can see this.
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