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PayPal Intends to Take Your Content, With New Terms of Service

Wirless

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This isn’t well-known, so you should probably share this with your friends, family… Really anyone who has used PayPal in connection with a website providing online content. On July 1st, 2015, Paypal will update it’s TOS agreement… to take away any and all intellectual rights to any content you provide online. If you use Paypal or accept PayPal, they will attempt to take ownership of any online content you add to your business or website. Read this easily-overlooked section of the new PayPal TOS:

Amendment to the PayPal User Agreement

Intellectual Property
We are adding a new paragraph to section 1.3., which outlines the license and rights that you give to us and 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, sub-licensable (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 sub-licensees 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.”

Read rest: http://anonhq.com/paypal-intends-take-content-new-terms-service/
 
Its not a great opportunity to use another type of payment system? If its true of course.
 
Bitcoin can be used for payments, but people choose not to use it for the following reasons:
- Currency can change at Any time and drop heavily
- People tend not to use it because they don't have the ability to get it back if something were to happen
+ more
 
They take 15% however they also cover transaction fees for the payment methods they provide (such as paypal, paysafecard...).
 
I think PayPal is still the best way to use on OT. It is known, trustable and have good seller/buyer protection policy. Also in the last year I see a big improvements in chargeback policy which ruined my account few times. They take around 3-5% from the payments which is understandable for that services. About the new TOS:
You must look at them from their side. The court system in USA is strange in some ways (and in some ways it's good), maybe some of their customers tried to get money from them using some legal action which he found.
 
I think PayPal is still the best way to use on OT. It is known, trustable and have good seller/buyer protection policy. Also in the last year I see a big improvements in chargeback policy which ruined my account few times. They take around 3-5% from the payments which is understandable for that services. About the new TOS:
You must look at them from their side. The court system in USA is strange in some ways (and in some ways it's good), maybe some of their customers tried to get money from them using some legal action which he found.
That's what I was thinking. It seems this policy is because when advertising, if they say "OTLand uses PayPal!" and OTLand is a trademarked word, then OTLand can sue them for using their copyrighted material without permission.

But I don't quite understand this new policy too.
 
It's similar to Facebook's claim on your images if you post them online - they can use them however they wish.

We don't have to worry because we do not provide content to PayPal. This doesn't apply to 99% of OpenTibia. This is for businesses.
 
Anybody else got some ideas for website for ot for payment options?

I checked out paymentwall, and they say they are global, and have features out of the yin yang, but they also say they have five offices, but yet are a "global monetization" company, and I just want to see what all countries they are widely used in, says global, but idk...
 
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