Policy Updates

 

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Policy Updates

 

 

This page informs users in advance of important changes to the PayPal services, its User Agreement, or other policies. This page displays policy updates with future effective dates. Go to “Past Policy Updates” for previous policy updates.

We encourage you to review this Policy Update to familiarize yourself with all of the changes that are being made to the PayPal User Agreement. These updates will be posted at least 30 days prior to their effective date.
 

Amendments to the PayPal User Agreements with respect to Accounts in Japan.

Effective Date: March 16, 2020

PayPal is changing its User Agreements. The amended User Agreements will be effective as to all PayPal users on March 16, 2020.

•          To review the updated User Agreement, please Click Here.

We encourage you to review this Policy Updates page to familiarize yourself with the changes that are being made.

YOUR USE OF PAYPAL OR ITS SERVICES AFTER MARCH 16, 2020 MEANS YOU AGREE TO THE CHANGE SET FORTH BELOW.

 

AMENDMENTS TO USER AGREEMENTS FOR PERSONAL USERS IN JAPAN AND PREMIER AND BUSINESS USERS IN JAPAN

  1. Notice for Amending the User Agreements

We’re updating the notice period for when we make any Substantial Changes to the User Agreements. The notice period will be reduced from 30 days to 14 days.

  1. Presentation of PayPal

Section 1.5 Presentation of PayPal of the User Agreement for Business Users in Japan is amended to add terms clarifying that Sellers must not present any payment method or mark upstream (or at an earlier point in the checkout experience) from the presentment of any of PayPal’s services or marks. 

  1. Provisions of Financial Statements

Section 10.4 of the User Agreement for Business Users in Japan is amended to clarify that in order to allow PayPal to assess the level of risk associated with accounts, Sellers must cooperate with PayPal’s reasonable requests for financial statements and other documentation or information in a timely fashion. 

  1. Exhibit A – Fees

The section on Refund Fees in Exhibit A of the User Agreement for Business Users in Japan shall be amended such that if you are a Seller and refund (partially or fully) a Commercial Payment to a buyer or a donation to a donor, there are no fees to make the refund, but the fees you originally paid as the Seller will not be returned to you.