Policy Updates

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Policy Updates

Notice of the new Preferred Funding Source framework for Users with registered addresses in the UK

Issued: 11 September 2017

 

This notice is made in accordance with section 3.6 of the PayPal User Agreement and applies to you only if you are a User with your registered address in the UK.  This notice does not affect any User with their registered address outside the UK.  

 

With effect on and from 11 September 2017, if you are a User with your registered address in the UK, PayPal may disapply section 3.6.c. and use your Preferred Funding Source to obtain E-money to cover certain Payment Orders even if you have pre-existing Balance, subject further to the terms of the PayPal User Agreement.  Section 3.6 of the PayPal User Agreement has been amended accordingly.