We advise you to read the following instructions carefully so that you are aware of these upcoming changes. Fee Change (Valid from October 31, 2020) If you wish to decline these changes and close your account, you may do so before December 16, 2020 at no additional cost. Payment is not immediately recorded and if the buyer changes his mind after placing an order, simply cancel the transaction and return the money to the buyer. They may only charge the 30 cents, but not the full fee. If the payment is recorded, you will of course be charged the full refund fee when the new directive comes into force. Do you think these changes are fair????? We must now express our opinion and make known PayPal!!!! developer.paypal.com/docs/paypal-payments-standard/integration-guide/authcapture/ PayPal sent a notice to users to inform them of upcoming changes to PayPal`s user agreement. Most of these changes will come into force on July 31, 2020, unless otherwise noted. Policy updates are very broad on this page of the PayPal site. The following two changes relate to fees: change to the PayPal Advanced Credit and Debit Card Agreement (formerly the PayPal Payments Pro Hosted Solution and Virtual Terminal site) (valid from October 31, 2020) The changes described here apply to U.S. account holders. PayPal users from other countries should check their emails for PayPal notification or visit the PayPal user agreement website for their country. No further action on your part is necessary, as these changes are automatically updated in all changes and updates to the legal agreements, are underlined in italics on this page.

This highlight aims to ensure better traceability of the changes and updates applied. I just received this email notification from PayPal that there will be changes in agreements with users in Canada. When I clicked on the link provided, I noticed that one of the changes indicates that the original processing fee will no longer be returned if a customer has received a return/refund. In the rare event that a customer returns our product, I will refund 100% of the fee, but now PayPal no longer reimburses me for the original processing fee. This does not suit us well since we have very few returns, why we are penalized! Check all the changes and check the AuctionBytes blog for more information on the new dispute resolution fees. We make some changes to our legal agreements that apply to you. No action on your part is required today, but if you want to know more, you will find details about these changes, when they apply and what you can do if you want to reject the changes, on our policy updates page. You can also view these changes by visiting PayPal.com, clicking on “Legal” at the bottom of the page, and then selecting “Policy Updates”.

If you have any questions about any of these changes or your account, please do not hesitate to contact us. Thank you for being a PayPal customer. With 346 million active users in the second quarter of 2020, which represents a growth rate of 21% compared to the previous year, annual revenue of $17.772 billion and a profit of $2.459 billion in 2019, a 15% increase from the previous budget cycle, if PayPal was a bank that was the 21st largest in the United States. We change the legal agreements that govern your relationship with PayPal. PayPal to its user agreement, which will come into effect next month. The company this week sent an email notification to users with the topic “Imminent changes to our legal agreements PayPal”: (residents of mainland China, Malaysia and Thailand have an effective date of November 16, 2020.) www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full?utm_source=epsilon&utm_campaign=A_EM_201908_US_19815_Q3_Legal_Updates_0518_Merch_LR_US&utm_medium=email We are updating the agreements PayPal listed below for all users PayPal in Canada….