There are Tens of Thousands of people who use Paypal, this includes websites asking for donations. This is an extremely unfair practice. Paypal intends to add this above mentioned conditions for use of their payment services.
People only have until July 1, 2015 to get out of Paypal's new agreement before it goes into effect. After July 1, 2015 Paypal's new agreement will become legally binding.
If one attempts to close their account after July 1st, Paypal will own all the rights to your intellectual property, permanently!
For More Information Click Paypal New Agreement Link Below: