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Can I collect PayPal information from participants in Nevada? What are the requirements?

Collecting PayPal Information from Participants in Nevada

To collect PayPal information from participants in Nevada, you must comply with the state’s regulations on data privacy and security. Nevada has not enacted specific laws regarding the collection of PayPal information, but it has implemented the Nevada Privacy of Information Collected on the Internet from Consumers Act (NPICICA) [5].

Under NPICICA, businesses that collect personal information from Nevada consumers through the internet must provide a notice to the consumers that includes the following information:

  • The categories of personal information that the business collects
  • The categories of third parties with whom the business may share the personal information
  • A description of the process for consumers to review and request changes to their personal information
  • A description of the process for consumers to opt-out of the sale of their personal information

Additionally, businesses must implement reasonable security measures to protect the personal information they collect [5].

Therefore, if you plan to collect PayPal information from participants in Nevada, you must provide a notice that complies with NPICICA and implement reasonable security measures to protect the information.

Requirements for Collecting PayPal Information in Nevada

As mentioned above, Nevada does not have specific laws regarding the collection of PayPal information. However, businesses that collect personal information from Nevada consumers must comply with NPICICA [5].

In addition to the requirements mentioned in the previous section, businesses must obtain the consumers’ consent before collecting their personal information [5]. Therefore, you must obtain the participants’ consent before collecting their PayPal information.

It is also important to note that businesses that collect personal information from Nevada consumers must provide a method for consumers to opt-out of the sale of their personal information [5]. Therefore, if you plan to sell the participants’ PayPal information, you must provide a method for them to opt-out.

In summary, to collect PayPal information from participants in Nevada, you must comply with NPICICA, obtain the participants’ consent, and provide a method for them to opt-out of the sale of their personal information if applicable.

[5]: FAQs | Nevada Secretary of State

Source(s):
Jurisdiction

Nevada