Charges & Financial Obligations · Company practice
Netflix collects your payment method, payment history, billing address and redeemed gift cards and Offers
Netflix collects your Payment Method and other information needed to process payments (for example when you subscribe), including your payment history, billing address, and gift cards and Offers you have redeemed.
Supporting quotations
Payment details: We collect your Payment Method (as defined in the Netflix Terms of Use), and other information to process your payments (such as when you subscribe to the Netflix service), including your payment history, billing address, and gift cards and Offers (as defined in the Netflix Terms of Use) you have redeemed.
Not stated here
- "Payment Method" and "Offers" are defined in the Netflix Terms of Use, which is not supplied here.
Charges & Financial Obligations · Context
Ad-supported plans may be a "financial incentive": a lower price in exchange for ads using your data
Some Netflix plans may be treated as a "financial incentive" under some US State Privacy Laws. If you choose such a plan you get a discount and are shown ads when you watch. To switch, select a different plan in the "Account" section; your monthly fee will likely increase. Netflix says the discount for using your personal information to show relevant ads is a fair exchange, and that it sets the discount by considering projected ad revenue from all users on ad plans and the overall revenue Netflix needs to operate, innovate, produce content and make a profit.
Supporting quotations
Some Netflix plans or subscriptions may be interpreted to fall within the meaning of a “financial incentive” under some US State Privacy Laws.
If you choose such a plan or subscription, you will receive a discount and when you watch shows and movies on Netflix, you will be presented advertisements.
If you would like to change your plan or subscription, you can access the “Account” section of our website and select a different plan or subscription. The monthly fee associated with your Netflix plan or subscription will likely increase if you do so.
We believe the discount for access to Netflix service and our use of the categories of personal information described above to present relevant advertisements to you represents a fair exchange to continue to provide users a high quality service at a lower price. When determining the extent of the discount, we consider projected ad revenue generated by all users projected to participate in a plan or subscription with advertisements and the overall revenue required by Netflix to operate and innovate its business, produce the Netflix content to entertain its users, and make a profit.
Qualifications & exceptions
- Netflix's "fair exchange" view is its own assessment.
Not stated here
- The statement does not give a dollar value for the discount or for your data.