Past Policy Updates
Past Policy Updates
This page shows important changes that were made to the PayPal service, its User Agreement, or other policies.
*For past policy updates earlier than October 2012, please view this pdf.
*For past policy updates between November 2012 and Dec 2018, please view this pdf.
AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT AND THE PAYPAL WEBSITE PAYMENTS PRO AND VIRTUAL TERMINAL AGREEMENT
We are updating the PayPal agreements listed below for all PayPal users in Canada. The changes described below will go into effect on September 6, 2019, unless otherwise noted. 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
- We are clarifying that we will provide at least 90 days’ notice to Business Account holders of the introduction of a new fee or an increase of an existing fee related to credit or debit card transactions which apply to them.
- For transactions that involve a PayPal currency conversion when you pay for goods or services or send money, the currency conversion fee will be a minimum of 3.5% for Canadian or U.S. dollars, and will be a minimum of 4% for all other currencies. This change will become effective on September 9, 2019.
- We are changing the currency conversion fee to be a minimum of 3% for all other transactions involving a currency conversion. This change will become effective on September 9, 2019.
Amendments to the PayPal Website Payments Pro and Virtual Terminal Agreement
- We are providing the terms and conditions for our Account Updater functionality, which allows merchants to update their Canadian customers’ eligible card data stored with PayPal to enable the seamless processing of recurring and other transactions.
- We are clarifying that we will provide at least 90 days’ notice to Merchants of the introduction of a new fee or an increase of an existing fee related to credit or debit card transactions which apply to them.
- We are changing the PayPal currency conversion fee to be 3% for all transactions involving a PayPal currency conversion. This change will become effective on September 9, 2019.
AMENDMENTS TO THE PAYPAL ACCOUNT USER AGREEMENT AND PAY AFTER DELIVERY AGREEMENT
We are updating the PayPal agreements listed below for all PayPal users in Canada. The changes described below will go into effect on July 9, 2019, unless otherwise noted. There is no action needed from you, as the changes will occur automatically on the effective date above. 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.
Amendment to the PayPal Account User Agreement for Buyers
- If PayPal performs a currency conversion for your purchase, and the purchase is refunded at a later date, PayPal will perform a currency conversion for the refund at the transaction exchange rate (including our currency conversion fee) in effect on the date of the refund.
Amendment to the PayPal Account User Agreement for Sellers
- PayPal may use any of the payment methods linked to a seller’s PayPal account to prevent the seller’s account from becoming negative when there are not sufficient funds in the account to cover refunds, reversals and chargebacks.
- As of May 29, 2019, merchants can transfer their PayPal balance to an eligible Visa debit card linked to their PayPal account, subject to the fees applicable to such transfers.
- Merchants can now accept debit and credit card payments directly on merchant websites, subject to the fees applicable to such payments.
PayPal Pay After Delivery Agreement
- We are providing the terms and conditions for PayPal’s Pay After Delivery payment option, which lets qualifying buyers purchase eligible items and pay for the purchase after the item is received.
EFFECTIVE DATE: March 28, 2019
PayPal is making some changes to its User Agreement that will be effective to all PayPal Users in Canada on March 28, 2019. We encourage you to review this Policy Update and familiarize yourself with all the changes that are being made. If you do not agree to these amendments, you may close your account before March 28, 2019.
Amendments to the PayPal User Agreement
A summary of changes follows:
- We’re clarifying how and when we convert currency.
Notice of amendment to the PayPal Privacy Statement
We’re making changes to the Privacy Statement that provides information on how we use your data.
We've provided additional details on how we use data when you transact with your friends, as well as more information on how we use data to prevent fraud and risk.
You can review the changes and the current Privacy Statement here.
Reminder of PayPal Local Payment Methods Agreement
To review the Local Payment Methods Agreement, please Click HERE.
- As a reminder for merchants using PayPal to receive Commercial Transaction payments, on December 11, 2018 PayPal started to enable some customers without Accounts to send payments to merchants’ Accounts using alternative local payment methods.
Included below are the highlights of our forthcoming changes:
- We’re updating our Agreement to clarify that we may update your credit or debit card information without any action on your part, and such information may be acquired from a third party. If you do not wish to have the card information updated, you may contact your card issuer to request this, or remove the card from your PayPal Account.
- We’re clarifying how refunds are processed including the return of funds directly to a linked bank account and making refunds available sooner in some circumstance.
Updates to the Canada User Agreement
We are unveiling an entirely redesigned User Agreement for our Canadian customers. We’ve worked hard to make this new User Agreement a more user friendly experience with content that makes it easier for you to understand your rights and obligations when it comes to using PayPal’s products and services.
Here’s what we’ve done:
- We’ve redesigned the User Agreement to simplify its format, with new color-coded headings so you can more easily find the information most relevant to your account.
We’ve revised and reorganized the content of the User Agreement to be easier to follow and to include information where you’d intuitively look for it. Except as described in B. below, we are not changing the meaning of what we say, only how we say and show it. Highlights of the updates found in the new User Agreement:
- We’ve included additional detail on a number of topics including: opening and closing an account, withdrawing money, and managing money in multiple currencies.
- We’ve also included additional detail on which payment method will be used for your transactions, and we’ve clarified that you’ll now be able to pick any funding source in your PayPal account as a preferred payment method when shopping online with PayPal.
- We’ve moved the fee table for domestic and international peer-to-peer (P2P) transactions with friends and family members to a link in the new User Agreement. As always we’ll continue to clearly present these fees at the time of each transaction.
- We’ve moved the descriptions for some of our services from the User Agreement to separate pages on our site. In each case, the terms that apply to these services are not changing and can be found on our website.
- In addition to redesigning the User Agreement, we are making some other changes, here are the highlights:
- We’re correcting an error in our posted charity rate for donations made from outside of the U.S. and Canada from 1.6% to 2.6%.
- We’re correcting an error in the fixed fee table for sending friends & family Euro transactions to recipients in France from € 0.25 to € 0.35.
- We are aligning our signature confirmation requirements for buyers and sellers.
- We are clarifying the ways PayPal users can spend PayPal balance with third parties and the ways the ways PayPal users can send PayPal balance to other PayPal users
- We’re clarifying our intentions with respect to customer balances we hold in trust to help ensure that our customer balances will be held in trust.
- We’re updating the requirements for coverage of Unauthorized Transactions under our Seller Protection program to require that the payment must have been made in connection with a transaction where the buyer logged into their PayPal account to complete the transaction in order for sellers to be covered under the program.
- We’re updating the list of items not eligible for our Purchase Protection Program to include payments to any bill payment service.
- We’re updating the eligibility requirements for the Purchase Protection program.
- We’re clarifying that certain checkout transactions will require a backup funding source.
- We’re clarifying our legal set off rights in situations where a customer holds multiple accounts.
- We’re clarifying how we calculate transaction exchange rates where we perform a currency conversion.
- We’re adding terms providing that a hold may be placed on a payment sent to you at the instruction of the marketplace, if you sell on a marketplace and accept payment through your PayPal account.
- We’re clarifying that sellers have certain obligations under applicable law around how they collect, store and protect user data of customers in Europe.
The terms of the new User Agreement will take effect on August 9, 2018.
We will continue to keep your information secure, and we will never share, sell or rent your personal data with third parties for the third parties’ own purposes without your consent. A few notable updates include:
- More Detailed Explanations: We’ve included more details about important features of our services and when you connect your PayPal account to third-party websites and platforms.
- Customized Experiences: We clarified how we may provide you with customized experiences on PayPal properties. We also explain how you can choose to limit the use of your information.
Updates to Other Agreements
We have also made changes to our PayPal Website Payments Pro and Virtual Terminal Agreement, PayFlow Gateway Services Agreement and PayFlow Gateway Services Agreement for Resold Merchants, as follows:
- We are clarifying that certain fees we charge, e.g. subscription fees, may be subject to applicable value-added taxes. If taxes are applicable, they will be disclosed on merchant statements.
- We are clarifying that sellers have certain obligations under applicable law around how they collect, store and protect user data of customers in Europe.
These changes will be effective on August 9, 2018. If you do not agree to these changes, you must close your PayPal account before August 9, 2018.