YSK: PayPal (USA) is updating their “Privacy Statement” policy to automatically share data about you with retailers. Policy takes effect 2024-11-27. Requires opt out by user to deny sharing

malloc@lemmy.world to You Should Know@lemmy.world – 921 points –
Policy Updates
paypal.com

Amendments to the PayPal Privacy Statement Effective November 27, 2024:

We are updating our Privacy Statement to explain how, starting early Summer 2025, we will share information to help improve your shopping experience and make it more personalized for you. The key update to the Privacy Statement explains how we will share information with merchants to personalize your shopping experience and recommend our services to you. Personal information we disclose includes, for example, products, preferences, sizes, and styles we think you’ll like. Information gathered about you after the effective date of our updated Privacy Statement, November 27, 2024, will be shared with participating stores where you shop, unless you live in California, North Dakota, or Vermont. For PayPal customers in California, North Dakota, or Vermont, we’ll only share your information with those merchants if you tell us to do so. No matter where you live, you’ll always be able to exercise your right to opt out of this data sharing by updating your preference settings in your account under “Data and Privacy.”

edit: update title to reflect this is for PayPal USA users

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Replied to another poster as well, but this setting is present in my UK PayPal account too and needed turning off.

Well, I guess non EU countries would be more accurate then.

Where can i find this within settings?

Data and Privacy > Personalized Shopping.

If you don't have that option, you're not in an affected country.