Upcoming Policy Updates

 

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Policy Updates

 

This page displays policy updates informing users in advance of important changes to the PayPal service, its User Agreement, or other policies. Please go to “Past Policy Updates” for previous policy updates.

 

 

AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT

We are updating the PayPal agreement listed below for all PayPal users in Canada. The changes described below will go into effect on December 23, 2019. There is no action needed from you, as the changes will occur automatically on the effective date noted. In the event you would prefer to decline the changes and close your account, you can do so prior to the effective date and the changes will not apply to you. 

Amendments to the PayPal Account User Agreement for Merchants

  • We are removing volume-based currency conversion fees which apply to the conversion and withdrawal of foreign currency balances to your bank account. Our standard currency conversion fees will apply to such conversions.