Policy Updates

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Policy Updates

 

 

Notice of Amendment(s) to the United States Agreement(s)

Issued: August 11, 2021

This Page

This page displays policy updates which notify users of important changes to the United States PayPal 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: September 21, 2021

  • We are revising PayPal’s Seller Protection program to clarify eligibility for certain claims involving travel tickets sold by the travel carrier.
  • We are revising the length of time sellers have to notify us of any pricing errors or discrepancies to be sixty (60) days from having access to their account statement(s) or other account activity information.
  • We are clarifying the types of costs used to calculate the reasonable minimum estimate that we may recover if you engage in any restricted activities.

 

Amendments to the PayPal Acceptable Use Policy

Effective: September 21, 2021

  • We are revising the policy to clarify that violations may subject you to damages. We are also expanding the existing list of prohibited activities and clarifying the commercial activities requiring pre-approval.

 

Amendments to the PayPal Here Agreement

Effective: September 21, 2021

  • We are updating the PayPal Here Agreement so that it links to and incorporates the PayPal Data Protection Addendum for Card Processing Products for the applicable data protection terms. PayPal is now a “Business” under the California Consumer Privacy Act for the provision of such services.

 

Amendments to the PayPal Zettle Terms and Conditions

Effective: September 21, 2021

  • We are updating the PayPal Zettle Terms and Conditions so that they link to and incorporate the PayPal Data Protection Addendum for Card Processing Products for the applicable data protection terms.

 

Amendments to the PayPal Data Protection Addendum for Card Processing Products

Effective: September 21, 2021

  • We are updating the data protection provisions to reflect that PayPal is now a “Business” under the California Consumer Privacy Act for the provision of the services. 

 

Amendments to the PayPal Alternative Payment Methods Agreement

Effective: September 21, 2021

  • We are revising the Agreement to prohibit acceptance of payments for certain goods and services.

 

Amendments to the Commercial Entity Agreement

Effective: September 30, 2021

  • Wells Fargo Bank, N.A. (“Member”) is amending the “Commercial Entity Agreement with Wells Fargo” to make certain updates necessary to consolidate previous versions of such Agreements that applied based on the PayPal products and services used.

 

Amendments to the PayPal Pools Terms and Conditions

Effective: September 30, 2021, or as otherwise set forth below.

We will discontinue and retire the Pools Program and corresponding Pools services as of November 8, 2021, and:

  • the ability to create new Pools will be disabled on September 30, 2021;  
  • all existing open Pools will have a maximum duration of 30 days applied starting September 30, 2021, and will therefore expire on October 30, 2021 if not already terminated prior to that date;  
  • you will need to move any funds from your existing Pool(s) into your PayPal balance before November 8, 2021. Otherwise, we will move any remaining funds for you into your PayPal balance on or after that date;  
  • if you currently are (or have been) a Pool creator, please keep a copy of the list of contributors to your Pools for recordkeeping. Records of your Pool(s) will no longer be available after November 8, 2021.