Notice Date: October 12, 2006
Effective Date: October 12, 2006
Removed section III, Deferred Payments, from the U.S. version of the Payments (Sending, Receiving, and Withdrawals) Policy. Updated the U.S. version of the Sending Limits and Verification section of the Payments (Sending, Receiving, and Withdrawals) Policy to reflect an addition of credit as an option for verification. Updated the U.S. version of the PayPal MasterCard ATM/Debit Card User Agreement and the Fees Policy to reflect that signature based cash withdrawals from a bank using PayPal Debit Card will be subject to a $3.00 fee in addition to any fee assessed by the bank and that cash withdrawals will not qualify for the PayPal Preferred Rewards program. Updated the U.S. version of the User Agreement, Payments Policy, and Fees Policy to reflect that Personal account holders may receive up to 5 credit card, debit card or Buyer Credit funded payments per 12 month period without having to upgrade to a Premier or Business account and updated fees for card or Buyer Credit funded payments for Personal accounts. Updated section 2.1 of the U.S. version of the User Agreement. Updated the list of approved countries in all versions of the User Agreement. Updated section 1 of the U.S. version of the Electronic Fund Transfer Rights and Error Resolution Policy. Updated sections 8 and 12 of the U.S. version of the PayPal MasterCard ATM/Debit Card User Agreement. Updated all versions of the Website Payments Pro UA and the PayPal Website Payments Pro Payflow Edition and Virtual Terminal to clarify usage of Direct Payment API. Updated the Seller Protection Policy for all European countries to clarify that if PayPal requests information from a seller with respect to a potential fraudulent or unauthorized payment, the seller is required to respond within 7 days. Amended the User Agreement for all European countries to allow registered Personal account holders outside of Germany, at their option, to accept a limited number of card funded payments without requiring them to upgrade to a Premier or Business account; personal account holders who do receive a permitted card funded payment will be charged a fee as updated in the PayPal Fees Schedule. Updated the User agreement for all European countries to highlight the respective sending limits of those users registered in Gibraltar, Liechtenstein, French Guiana, Guadeloupe, Martinique and Reunion. Updated the PayPal Buyer Protection Policy for all European countries to clarify that if a seller lists an item on the eBay marketplace in either Germany, Austria or Switzerland, the seller will not be able to opt-out of the PayPal Buyer Protection programme. Updated the Payments (Sending, Receiving and Withdrawals) Policy for all European countries such that user account balances which show an amount owing to us will, after 21 days, be converted to Euros (as appropriate). Updated the PayPal Buyer Protection Policy for all European countries to reflect that the PayPal Buyer Protection programme will be expanded to allow the terms of the programme to apply to sellers who list on the applicable PayPal Buyer Protection eligible eBay sites and who are registered PayPal users in the following countries: Denmark, Sweden, Greece, Portugal, Finland, Norway, New Zealand, Argentina, Brazil, Mexico, Uruguay, Chile, Ecuador, Jamaica, Poland, Czech Republic, Hungary, Thailand and China. Amended the Buyer Complaint Policy for all European countries to clarify that obtaining a remedy under the terms of that policy is only available to registered PayPal users. Updated section 6.4 of the German version of the PayPal Buyer Protection Policy. Updated section 4.3 of the German version of the Seller Protection Policy.
Amendment to the User Agreement and policies
Notice Date: September 20, 2006
Effective Date: October 12, 2006
Beginning October 12, 2006, PayPal will support the following currencies as part of the PayPal service: The Swiss Franc, Norwegian Krone, Swedish Krona, Danish Krone, Polish Zloty, Hungarian Forint, Czech Koruna, Singapore Dollar, Hong Kong Dollar and New Zealand Dollar. The User Agreement and associated policies will be amended to reflect the availability of payment processing in these currencies. Also, if a user is registered in a country which has as its official currency one of the additional currencies added to the service, that currency will become that user's home currency.
Amendment to the User Agreement and policies
Notice Date: September 20, 2006
Effective Date: October 12, 2006
Beginning October 12, 2006, Personal account holders may receive up to 5 credit card, debit card or Buyer Credit funded payments per 12 month period without having to upgrade to a Premier or Business account. Personal account holders who receive a card or Buyer Credit funded payment will be charged a fee of 4.9% + $0.30 USD for domestic payments and 5.9% + $0.30 USD for cross border payments.
Amendment to the Debit Card policy
Notice Date: September 20, 2006
Effective Date: October 12, 2006
Beginning October 12, 2006, signature based cash withdrawals from a bank using PayPal Debit Card will be subject to a $3.00 USD fee in addition to any fee assessed by the bank. In addition, cash withdrawals will not qualify for the PayPal Preferred Rewards program.
