Starting June 3, 2009, there are some new policy updates (which suck btw)
Amendment to the PayPal Acceptable Use Policy
Effective Date: June 3, 2009
Beginning June 3, 2009 the PayPal Acceptable Use Policy is being amended to include a new Section 4 as follows:
Prohibited Activities
You may not use the PayPal service for activities that:
"4. involve the sales of products or services identified by government agencies to have a high likelihood of being fraudulent”
Amendment to the PayPal User Agreement
Effective Date: June 3, 2009
Beginning June 3, 2009 PayPal user agreement is being amended as follows:
1. Section 4.2 of the user agreement will read as follows:
“4.2 Receiving Payments for Commercial Transactions and Personal Transactions.
a. Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a “request money” using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.
b. If you are selling goods or services, you may not ask the buyer to send you a personal payment for the purchase. If you do so, PayPal may remove your ability to accept personal payments.”
2. Section 8 of the user agreement will read as follows:
8. Fees. All fees are in U.S. Dollars unless otherwise stated.
Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a “request money” using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.
Personal Transactions. Fees depend on the payment source that the sender selects. The amount of the fee will be shown at the time the payment is sent. The Fee is paid by either the sender or the recipient. The sender decides who pays.
Domestic Personal Transactions - U.S. sender and recipient
Amendment to the PayPal Acceptable Use Policy
Effective Date: June 3, 2009
Beginning June 3, 2009 the PayPal Acceptable Use Policy is being amended to include a new Section 4 as follows:
Prohibited Activities
You may not use the PayPal service for activities that:
"4. involve the sales of products or services identified by government agencies to have a high likelihood of being fraudulent”
Amendment to the PayPal User Agreement
Effective Date: June 3, 2009
Beginning June 3, 2009 PayPal user agreement is being amended as follows:
1. Section 4.2 of the user agreement will read as follows:
“4.2 Receiving Payments for Commercial Transactions and Personal Transactions.
a. Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a “request money” using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.
b. If you are selling goods or services, you may not ask the buyer to send you a personal payment for the purchase. If you do so, PayPal may remove your ability to accept personal payments.”
2. Section 8 of the user agreement will read as follows:
8. Fees. All fees are in U.S. Dollars unless otherwise stated.
Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a “request money” using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.
Personal Transactions. Fees depend on the payment source that the sender selects. The amount of the fee will be shown at the time the payment is sent. The Fee is paid by either the sender or the recipient. The sender decides who pays.
Domestic Personal Transactions - U.S. sender and recipient
