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Originally Posted by u-Bob
Are you using Paxum? How many offers have you received so far from companies Paxum supposedly sold your info to?
Every online financial service provider has language like that in its TOS. Of course they're 'sharing' information with other companies (mastercard, their bank, fraud protection, the bank issuing the card,...)
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Again, READ. I'll break it down:
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in order to provide you with special offers that we believe may be of value to you.
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For those of you that are slow, this means that they have the authorized ability to SELL your information. Whether or not they do is another story. That would be a question for Paxum representatives. The fact of the matter remains, is that it could (and obviously is) be someone's valid concern
It has nothing to do with sharing your information with other banks or other companies because you do business with your card with them. Of course that information is shared, that is a given and naturally implied.