• Rikudou_Sage@lemmings.world
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          1 year ago

          That’s very different, they want you to either pay or not have access. This would be you still having access, but being paid for giving them data voluntarily.

          That’s perfectly legal and employed across many European business entities.

    • Blackmist@feddit.uk
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      1 year ago

      By showing you an annoying popup every time you use PayPal, and eventually you’ll accidentally click OK and it will mysteriously remember this and never ask you again.

  • Panda (he/him)@lemmy.dbzer0.com
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    1 year ago

    Well, this sucks. PayPal was great for only having your credit card information in one place - now it looks like I’ll have to risk it with every website.

        • girthero@lemmy.world
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          1 year ago

          I like the concept if disposable CC numbers, but looks like i need to link both to my bank account. Anything like this that can link to another credit card?

          • ____@infosec.pub
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            1 year ago

            Thought they charged something to put $ on temp card, via EFT though I may well be wrong.

            Don’t recall the org name I conflated w them anymore u fortunately.

            And from where I sit, yeah they pay me to some degree - the acct costs me nothing, and it’s got a handful of the usual “edge case” insurance benefits and such most debit cards don’t.

            Not real useful to me, admittedly, but I do receive something.

            That, and they reliably post direct deposit exactly 48h early, plus or minus fifteen minutes. Ability to plan my life around when exactly my check will show up has value. Seems to be very much a “best effort” basis to post early w/ most banks.

            Lots of that stuff is useful because of my individual habits and patterns of spending I’m sure, might well not be for you.

            Will check out privacy, now I’m kind of curious if there is something even more friction free for my scenario.

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    PayPal will use data from billions of customer transactions to supercharge its nascent ad business.

    The new PayPal Ads group is headed by recent hire Mark Grether, a senior vice president and GM at PayPal, who says the budding advertising operation will “help make merchants smarter to sell more products and services effectively, as well as enable consumers to discover more of what they love.”

    But, his reported statement doesn’t really dwell on the fact that it will be using customer data, including purchase history, to pull this off.

    In addition to the main PayPal platform, it also operates cash transfer app Venmo and Honey, a browser extension designed to find deals online.

    The report also mentions that Venmo will see fewer ads served in order to not drive off its younger users.

    PayPal’s data on users’ purchases and other transactions, combined with AI, might prove to be great at advertising, though probably to the consternation and frustration of recipients.


    The original article contains 366 words, the summary contains 160 words. Saved 56%. I’m a bot and I’m open source!

    • Tikiporch@lemmy.world
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      1 year ago

      Yes, their evil plot finally laid bare. Copy what Mastercard and Visa have been doing since the 80s.

  • rtxn@lemmy.world
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    1 year ago

    I hope they enjoy analzying my once-a-month subscription to FFXIV and nothing else.

  • palordrolap@kbin.social
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    1 year ago

    Let me guess: I’ll buy a toaster because my old one died but then I’ll get ads for new toasters constantly. You bought one, you must want another. And another. And another. Why aren’t you buying more toasters. You bought one. Buy another! Buy twenty!! People who bought toasters also bought microwaves and kettles. Do you want a toaster? Does anyone want any toast?

    • SlopppyEngineer@lemmy.world
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      1 year ago

      “No, I don’t want any toast. No toast. No buns, baps, baguettes or bagels. No crumpets. No croissants. No teacakes, no potato cakes, and no hot cross buns. And definitely no smegging flapjacks.”

      Yeah, that’s the future with AI.

    • r00ty@kbin.life
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      1 year ago

      Given that God is infinite, and that the universe is also infinite. Would you like a toasted teacake?

    • TheFeatureCreature@lemmy.world
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      1 year ago

      It’s amazing that these companies spend ultraquadrillions on advertisement platforms and algorithms and all they ever seem to do is just spam products at you that you have already purchased. Where is all this money going?

    • Olhonestjim@lemmy.world
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      1 year ago

      Corpo apps are like

      “Do you love me? Rate 5 stars?”

      How about zero stars for harassment? Do I need to talk to HR?

      • RGB3x3@lemmy.world
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        1 year ago

        Fucking within like 2 minutes of using their apps too, they ask, “do you like the app?” Then another popup that says, “provide feedback for why you don’t like our app?”

        Because you keep getting in the way of me actually doing what I need to do. And it’s getting uninstalled as soon as I’m done with it.

        • jaybone@lemmy.world
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          1 year ago

          It’s to the point where no one wants to do shit on their website anymore. They force you to download the app. So they can get even more access and control of your info. And like I need more motherfucking apps on my goddamn home screens. Fuck that shit.

  • MrAlternateTape@lemm.ee
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    1 year ago

    Funny. I don’t have a creditcard and I don’t want one. That is the only reason I sometimes, maybe once or twice a year I use PayPal.

    I wish them good luck building a profile on 2 purchases. Also, I’m in the EU and I suspect this will not be legal here.

    I also cannot believe somebody thought it would be a great idea to introduce even more tracking and ads. Don’t they understand they are driving away customers?

    • Evotech@lemmy.world
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      1 year ago

      If only it was smart enough. Make its like oh you bought a newtv, you would like this new surround system

        • ours@lemmy.world
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          1 year ago

          The “people usually both this with this product” suggestions can be pretty good to cover this.

        • nossaquesapao@lemmy.eco.br
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          1 year ago

          Maybe they won’t suggest things you already bought, but will estimate what you’re going to buy next, based on the statistical analysis of people who bought the same things.

          • Poayjay@lemmy.world
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            1 year ago

            Yeah it’s more like, hey you just bought stabilizing jacks and a water hose for a travel trailer. You must have just bought a new camper. Let’s bombard you with add for stick-up-hooks, rv-mattress sized sheets, cheap plastic dishes, etc.

        • Zedstrian@lemmy.dbzer0.com
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          1 year ago

          Perhaps more like what fridge companies do via incessant water filter replacement reminders: Enjoying your Super Deluxe CoolPlus™ Fridge? Don’t forget to check out the CoolPlus™ Fridge Magnetic Spice Rack and CoolPlus™ Fridge Juice Dispenser Add-on!

            • pdxfed@lemmy.world
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              1 year ago

              At some point the bigwigs will realize that a working item is worth more in future potential ad dollars than a broken one with a limited 1 year warranty and start asking their engineers why quality is so bad.

              /The screams of 1,000 poor souls per second for 50 years

      • CameronDev@programming.dev
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        1 year ago

        I’m sure thats the theory, and whats being sold to the ad buyers, but my money is on it ending up like the ads you get after buying something from amazon/ebay: same item you just bought.

        • ramirezmike@programming.dev
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          1 year ago

          you probably just notice that because it doesn’t make sense from your perspective.

          it’s probably more cost efficient for advertisers to just throw relevant ads at potential groups. Determining whether an individual already has the item is a waste of resources, and you probably don’t notice when the ads are things you don’t own.

          • CameronDev@programming.dev
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            1 year ago

            Last time I observed this I was getting the exact same item that I bought being advertised to me constantly, across multiple sites. No variation at all. It was a pair of hiking shoes. If it had then offered me hiking poles or rain coats or anything else that would have been useful, but instead it was the same pair of shoes I had already purchased.

            If the ad network had actually suggested useful paired items that i dont already own, then those ads should actually stand out, as they are actually relevant to me.

            If its not cost efficient to actually target to the individual (and I dont doubt that it isn’t), im not sure what Paypal is bringing to the table here that Amazon etc can’t already do.