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Should I include currency changes in the privacy terms for my website

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Site URL: https://pear-begonia-tbdb.squarespace.com/config/pages

Hi all,

I am putting together privacy terms for my store using the sample messages offered by squarespace.

However there is nothing about currency changes in the sample terms and I am wondering if ithis is  something I should include as I have seen this detailed as part of some other websites terms. 

I am shipping internationally and  have set up both Stripe and Paypal as a payment method. As these are third parties that will be  carrying out a conversion for transactions in a currency different to the one associated with my bank account I'm thinking I should include something similar to this?

Any advice would be much appreciated.

Thank you, 

 

Currency Changes

By using our website, you (the visitor) agree to allow third parties to process your IP address, in order to determine your location for the purpose of currency conversion. You also agree to have that currency stored in a session cookie in your browser (a temporary cookie which gets automatically removed when you close your browser). We do this in order for the selected currency to remain selected and consistent when browsing our website so that the prices can convert to your (the visitor) local currency.

 

 

https://support.squarespace.com/hc/en-us/articles/360002123427-Sample-messages-for-your-privacy-policy

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