Sorry but this stuff below bothers me (I'm using a U.K. card)
"Agree and consent to the terms of the User Agreement, its policies and the Privacy Policy.
Expressly instruct PayPal to communicate specific information about you and your account to third parties in accordance with the Privacy Policy.
Specifically and expressly consent to the use of website tracking methods, including cookies, and to the safe and secure transmission of your personal information outside the European Union (including to the USA) in accordance with Privacy Policy"
I hear you, but I don't have any other good options if you are in the UK. You could send me an international wire transfer, but would then have to pay the fees, which are exorbitant.
I looked into setting up credit card processing directly but I'm not yet a big enough business to do this in a cost-effective way.
My personal take is that PayPal is OK. Unlike the other online payment systems, I am actually able to talk to a human representative there in case something goes wrong. They do need to transmit your information to and from banks in order to do the transactions. So to me this agreement doesn't look bad. But I do wish I could give you more options.