I recieved this email in my gmail junk filter. No doubt most people registered for clickandbuy will have also missed it as a consequence. It was sent on May 1st. For those concerned or curious, it reads:
Dear *your name here*,
We would like to inform you that we need to update our General Terms and Conditions for electronic money services (including our Privacy Policy). These new Terms will take effect for all account holders from 1st July 2011.
The changes have been made as a result of new laws for electronic money services in Europe (called the 2nd Electronic Money Directive). The resulting changes will bring additional improvements to the protection of the interests of users of electronic money and these are outlined for you in the new version of our E-Money Account Terms of Use, which can be found by visiting our website at http://clickandbuy.com/GB_en/terms-and-conditions.html
We have also used this as an opportunity to ensure different language versions of the Terms contain the same information, and thus provide what we think is the greatest possible transparency, clarity and legal certainty worldwide.
Please note, we’re not changing our prices, and ClickandBuy electronic money transactions used to pay for online purchases continue to remain free of charge. Please note that transactions involving foreign currencies will incur a Currency Exchange Fee.
You don’t need to do anything to accept the changes to these Terms as they will automatically come into force and become part of your existing contract with us. However, we’d like to point out that you can – of course – close your ClickandBuy account free of charge by contacting us if you decide you don’t want to continue using ClickandBuy under these new Terms.
Yours sincerely
The team at ClickandBuy
PS: If you have any questions regarding clickandbuy or the changes of our Terms and Conditions, please do not hesitate to contact us on: http://clickandbuy.com/WW_en/contact.html