PayPal is updating its User Agreement to ensure that businesses are not using personal accounts, and vice versa. It’s also amending the PayPal Online Payment Services Agreement to update the terms for Chargeback Protection Tools to include a Loss Cap. Read more
PayPal is updating two provisions of its user agreement covering privacy and charities. It’s also notifying customers of the availability of IRS Form 1099Ks, which summarize the gross payments customers received through PayPal for the sales of goods and services Read more
PayPal notified users it’s making changes to the User Agreement that will, for the most part, go into effect in May. Included are changes to PayPal’s Seller Protection program and Purchase Protection program. PayPal listed the policies effected and highlighted Read more
PayPal is changing how it charges sellers for transactions paid using QR codes. PayPal has been sending out the following notice of a change to its user agreement and numerous other legal agreements this week: Hello (Name redacted),We’re making some Read more
Three customers filed a class action lawsuit alleging PayPal violated racketeering laws (RICO) over its payment holds practices, but a judge recently sent the case to arbitration, according to an article in Bloomberg. Many companies, including ecommerce services, have added Read more
PayPal is making changes to its User Agreement effective September 21, 2021, and users should carefully scrutinize the notice to see how the changes may impact them. PayPal said it is expanding the existing list of prohibited activities and clarifying Read more
PayPal is making changes to its User Agreement, which will go into effect next month. The company sent an email notification to users this week with the subject line, “Upcoming changes to our PayPal legal agreements”: We’re making some changes Read more
It would seem eBay sellers can breathe a sigh of relief over a new PayPal policy regarding seller transparency. PayPal updated its user agreement, and one provision going into effect on March 12 requires sellers to publish customer service information: Read more
PayPay will charge more money on transactions involving currency conversion. Effective September 3, 2019, the currency conversion spread will rise to 3.75% for transactions that involve a PayPal currency conversion when paying for goods or services or sending money. The Read more
PayPal is updating its User Agreement effective July 9, 2019. The company highlighted several changes in three categories (buyers, sellers, and sellers with PayPal Website Payments Pro and Virtual Terminal Agreements). The change that looks to be of greatest interest Read more
