Closing an account or ceasing to use Stripe's Services does not end Stripe's retention of your Personal Data, which continues for compliance and fraud purposes.
Consumer impact
Even after Stripe stops providing Services to you directly, your Personal Data may be retained by Stripe for legal compliance and fraud monitoring, detection, and prevention purposes.
Opt-out available
No opt-out available
Actual clause text
Even after we stop providing Services directly to you...we may continue to retain your Personal Data to: Comply with our legal and regulatory obligations; Enable fraud monitoring, detection, and prevention...
AI-extracted from source document. Verify against original for legal use.
Account closure or a deletion request does not guarantee complete erasure of Personal Information; PayPal maintains the right to retain some data.
Consumer impact
Closing a PayPal account or submitting a deletion request will not result in the deletion of all of the reader's Personal Information.
Opt-out available
No opt-out available
Actual clause text
If you close your PayPal account(s) or profile, delete, or request that we delete Personal Information, we still need to keep some Personal Information as explained in How Long Do We Store Your Personal Information...
AI-extracted from source document. Verify against original for legal use.
PayPal added new language to its User Agreement clarifying how business accounts can use the Send M…
AI Difference AnalysisInsight
Stripe's arbitration clause is narrower than Amazon's in one key respect: it includes a small claims court carve-out that Amazon's clause does not. PayPal's clause is the most aggressive of the three, explicitly waiving jury trial rights in addition to class action rights. From a compliance perspective, Amazon presents the lowest risk for B2B contracts while PayPal creates the highest exposure for consumer-facing applications subject to CFPB oversight.
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