# PayPal to Start Sharing Your Purchase Data with Retailers! 🛍️

**URL:** <https://onehack.st/t/paypal-to-start-sharing-your-purchase-data-with-retailers/294464>\
**Category:** News & Articles\
**Tags:** privacy, business\
**Created:** [October 26, 2024, 5:30am UTC](https://onehack.st/t/paypal-to-start-sharing-your-purchase-data-with-retailers/294464 "2024-10-26T05:30:53Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [October 26, 2024, 5:30am UTC](https://onehack.st/t/paypal-to-start-sharing-your-purchase-data-with-retailers/294464/1 "2024-10-26T05:30:53Z")

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**Summary:**

1. **Data Sharing Announcement**  
PayPal will begin sharing detailed **customer purchase data** with retailers starting **November 27** , as outlined in a recent privacy update.

2. **What Data Will Be Shared?**  
The shared information includes specifics like **clothing sizes** and **shopping preferences** , aimed at enhancing targeted advertising efforts.

3. **Global Impact**  
This initiative will impact **391 million active consumer accounts** worldwide, potentially changing how retailers market their products.

4. **Opt-Out Availability**  
Customers will have the option to **opt out** of data sharing through the app settings, though historical data shows opt-out rates in financial services typically remain below **7%**.

5. **Advertising Strategy**  
This move underscores PayPal’s strategy to leverage customer data for more effective advertising, raising privacy concerns among consumers.

**Read more at:** [MSN](https://www.msn.com/en-us/money/other/it-has-your-money-and-your-pants-size-here-s-what-paypal-is-doing-with-it/ar-AA1sUjKs)

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**Author:** ![Darth\_Vader](https://onehack.st/user_avatar/onehack.st/darth_vader/32/97002_2.png) [@Darth\_Vader](https://onehack.st/u/Darth_Vader)\
**Post date:** [October 26, 2024, 8:07am UTC](https://onehack.st/t/paypal-to-start-sharing-your-purchase-data-with-retailers/294464/2 "2024-10-26T08:07:52Z")

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**Slowly moving towards a dystopian reality I see…**