Policy Updates

 

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Policy Updates

 

Notice of Amendment(s) to PayPal Hong Kong Limited Agreement(s)

Issued: 29 April 2021

 

This Page

This page displays policy updates which notify users of important changes to the PayPal Hong Kong Limited User Agreement or other online agreements, policies, or statements. Please go to “Past Policy Updates” to view previous policy updates.

 

Upcoming Changes

We’re making changes to certain agreements (listed below) that govern your relationship with PayPal. These changes will take place automatically on the corresponding effective date(s) shown below.

 

Actions Needed

Please carefully review the notices below and familiarize yourself with the upcoming changes. Otherwise, no further action is needed from you. If you would prefer to decline such changes you will need to close your PayPal account prior to the applicable effective date.

 

Amendments to the PayPal User Agreement

Effective: 31 May 2021

  • We are further revising the listed exclusions to PayPal‚Äôs Buyer Protection and Seller Protection to be globally consistent and to further clarify which transactions are eligible for protection.
  • We are increasing the fee you pay when withdrawing funds from your PayPal balance to your linked US bank account from 2.5% to 3%.

 

Amendments to the PayPal Advanced Credit and Debit Card Agreement

Effective: 31 May 2021

  • We have changed the name of the PayPal Advanced Credit and Debit Card Agreement. The new name of this agreement is the PayPal Online Payment Services Agreement.
  • Please see the section “About this Agreement” at the start of the PayPal Online Payment Services for more information about the services covered by the agreement.
  • We have added terms to clarify how to use the PayPal Payment Button, and we have added terms to explain the use of the Recurring Billing and Recurring Payments features.
  • We are updating our Proprietary Rights terms.

 

To review the updated User Agreement, please click HERE.