Paypal Business Account User Agreement

April 11, 2021

Prices for micro-payments. PayPal offers two micropayment programs: (i) micropayment fees; and (ii) micropayments for digital goods taxes. i) Micro-payments. If you have registered for a micropayment fee, the following fee applies to all commercial payments you receive. If you have both a Micropayments Fees account and a standard price account, it is your responsibility to properly forward your payments to the corresponding account and once a transaction has been processed through the selected account, you cannot require the transaction to be processed through another account. Arbitration is more informal than legal action. Arbitration uses a neutral arbitrator or arbitrator in place of a judge or jury, and judicial review of an arbitral award is very limited. However, the arbitrator may award the same damages and facilities on an individual basis that a court can award to a person. The arbitrator must also follow the terms of this user agreement, as a court would. All matters are within the jurisdiction of the arbitrator, except that issues relating to the capacity to arbitrate, the scope or applicability of this agreement, or the interpretation of the prohibition of collective and representation actions and the “non-individualized discharge” section fall within the jurisdiction of a competent court. You should take appropriate steps to prevent your PayPal account from being misused. You must have proper security and control over all devices, items, identifiers, passwords and personal identification numbers/codes that you use to access your PayPal account and PayPal services. You`ll find policies in our key payment and service information.

If we put a reserve on money in your account, the funds will be posted as “pending” and we will inform you of the terms of the reserve. If we change the conditions of the reserve due to a change in our risk assessment, we will inform you of the new conditions. Some features PayPal may allow you to keep your money (including the proceeds of payments you use with PayPal) on your reserve account (directly or through someone you are authorized to negotiate on your behalf). B for example an online marketplace platform on which you work as a seller). Withdrawal of funds in Malaysia. If your account is registered in Malaysia, you can only withdraw money from your account by transferring it to your local Malaysian bank account. ^^ buyers from these countries cannot open a PayPal account, but can make purchases with their credit cards on the websites of some merchants. If you use your PayPal account to pay for an item and choose your bank account as a method of financing the transaction, remember that your PayPal account will be issued to you by PayPal and not by your bank. The terms, benefits and protections associated with your PayPal account may differ from those applicable to your bank account. If you use your PayPal account to make a purchase above the balance of your linked bank account, you can pay overdraft fees, even if you don`t want to allow overdrafts with your bank.

Similarly, the liability limits of your PayPal account may differ from those applicable to your bank account. Each PayPal you hold represents the amount of electronic money available to pay for your account. If you are a UK-based user, you do not receive a surcharge for the use of our services.