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Tag: PayPal User Agreement

The Irony of PayPal’s Arbitration Opt-Out Clause

June 29, 2022June 29, 2022 Ina Steiner
PayPal

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, […]

1 CommentNews, PaymentsArbitration, PayPal, PayPal lawsuit, PayPal User Agreement

PayPal Expands Prohibited Activities and Other UA Changes

August 29, 2021 Ina Steiner
PayPal

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 […]

3 CommentsNews, PaymentsPayPal, PayPal User Agreement

New PayPal User Agreement Takes Effect in November

October 2, 2020October 2, 2020 Ina Steiner
PayPal

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 […]

4 CommentsNews, PaymentsPayPal, PayPal User Agreement

PayPal Clarifies Impact of Policy Change on eBay Sellers

February 6, 2020February 6, 2020 Ina Steiner
PayPal

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 […]

1 CommentNews, PaymentsPayPal policies, PayPal User Agreement

PayPal Charges More by Raising Currency Conversion Spread

August 2, 2019August 2, 2019 Ina Steiner
PayPal

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 […]

News, PaymentsPayPal, PayPal User Agreement

PayPal Updates User Agreement Effective July 9th

May 23, 2019May 23, 2019 Ina Steiner
PayPal

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 […]

4 CommentsNews, PaymentsPayPal, PayPal User Agreement

PayPal Raises Fast-Transfer Fees for Personal Accounts

October 15, 2018 Ina Steiner
PayPal

PayPal is raising one of its withdrawal fees for personal accounts. It costs nothing to withdraw funds to a linked bank account, and that won’t change. But PayPal also offers a faster way to withdraw […]

News, PaymentsPayPal, PayPal User Agreement, Venmo

PayPal Retracts New Seller Protection Provision

March 19, 2018March 19, 2018 Ina Steiner
PayPal

eBay sellers can breathe a sigh of relief as PayPal announced it would not proceed with a move that would have left sellers without protection for certain transactions. A spokesperson told EcommerceBytes on Monday: “We […]

News, PaymentsPayPal, PayPal protection, PayPal User Agreement

New PayPal Policy and Fee Changes Take Effect in April

March 18, 2018March 19, 2018 Ina Steiner
PayPal

PayPal is updating its User Agreement (UA) and Privacy Policy effective April 19, 2018. The change that has sellers buzzing is the removal of its Seller Protection program for certain types of transactions. PayPal states: […]

3 CommentsNews, PaymentsPayPal, PayPal fees, PayPal User Agreement

PayPal Amends UA, Won’t Protect Crowdfunding Payments

May 6, 2016July 22, 2017 Ina Steiner

Planning to use PayPal to buy or sell gift cards or to support a crowdfunding project? You should know that PayPal is updating its User Agreement, and changes encompass buyer and seller protection and dispute […]

News, PaymentsPayPal User Agreement

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