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PayPal....Change of Privacy Conditions

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Has anyone else received notice of this and read through the change of privacy conditions ?
Under the new conditions they will be sharing your details with all and sundry !!
They will be giving your details to several marketing agencies, debt search agencies and god knows who else !!
If you do not wish to accept this change then PayPal advise you to close your account with them, which I think is what I shall be doing.
So can anyone recommend a replacement service that can be used in place of PayPal ?

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