Saturday, February 20, 2010

Amendment to the PayPal Student Account Agreement

WHEN IS PAYPAL GOING TO HELD ACCOUNTABLE FOR ANYTHING?
THIS IS ABSURD!!

  • Amendment to the PayPal Student Account Agreement
  1. The following language is added to section 3.c (Parent Control):

    x.: “Marketing Promotions. If the Parent Account has opted-in to receiving marketing notifications in its Account Profile, then we may send such notifications to the Child as well.”

  2. The following language is added to section 3.d (Child Control):

    x.: “Marketing Promotions. The Student may participate in marketing promotions or campaigns offered from time to time.”

  3. The last paragraph of section 4 (Liability) will read:

    “Any online agreements that are accepted by the Child, including terms and conditions of any promotion the Child participates in, are accepted by the Parent as if the Parent had taken the action. The Parent is responsible for educating the Child on internet safety.”

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