New Paypal terms?

[bartosimpsonio]

I just got an email saying Paypal changed their terms again.

Anyone know what changed?

 

[Mr Positive]

Doesn’t matter SMM is yet banned, 180 days payment on hold will always stay what else can they do to fuck it up more

 

[Deleted member 1313244]

Could be mandatory 2FA per EU directive.

 

[Gogol]

Haven't received anything yet. Probably some updated clauses? We shall see.

 

[DreamField]

It has to do with the new buyer/seller protection policies.
The changes can be big for people who purchase or sell a lot with paypal.

"
Effective: July 31, 2020

We’re making the following changes to our terms:

• We’ve added items intended for resale, including single item transactions or transactions that include multiple items, as items that will be ineligible for reimbursement under PayPal’s Buyer Protection.
• The section on eligibility for PayPal’s Buyer Protection program has also been amended to clarify that if you are a buyer, you must now also attempt to contact the seller to resolve your issue directly before filing a dispute through the Resolution Center.
• If you are a seller and lose a claim under PayPal’s Buyer Protection program and the buyer’s claim was that the item received was Significantly Not as Described, you may not receive the item back, or you may be required to accept the item back and pay for the return shipping costs.
• We have added terms to the section on PayPal’s Seller Protection program. These include:
  • certain intangible items may be eligible for PayPal’s Seller Protection, subject to meeting certain Intangible Goods Additional Requirements;
  • to be eligible for PayPal's Seller Protection, a new basic requirement is that the payment must be marked “eligible” or “partially eligible” in the case of Unauthorized Transaction claims, or “eligible” in the case of Item Not Received claims, for PayPal's Seller Protection on the Transaction Details page.
  • We have clarified what is required as proof of shipment or delivery for both physical and intangible goods"

 

[bartosimpsonio]

It has to do with the new buyer/seller protection policies.
The changes can be big for people who purchase or sell a lot with paypal.

"
Effective: July 31, 2020

We’re making the following changes to our terms:

• We’ve added items intended for resale, including single item transactions or transactions that include multiple items, as items that will be ineligible for reimbursement under PayPal’s Buyer Protection.
• The section on eligibility for PayPal’s Buyer Protection program has also been amended to clarify that if you are a buyer, you must now also attempt to contact the seller to resolve your issue directly before filing a dispute through the Resolution Center.
• If you are a seller and lose a claim under PayPal’s Buyer Protection program and the buyer’s claim was that the item received was Significantly Not as Described, you may not receive the item back, or you may be required to accept the item back and pay for the return shipping costs.
• We have added terms to the section on PayPal’s Seller Protection program. These include:
  • certain intangible items may be eligible for PayPal’s Seller Protection, subject to meeting certain Intangible Goods Additional Requirements;
  • to be eligible for PayPal's Seller Protection, a new basic requirement is that the payment must be marked “eligible” or “partially eligible” in the case of Unauthorized Transaction claims, or “eligible” in the case of Item Not Received claims, for PayPal's Seller Protection on the Transaction Details page.
  • We have clarified what is required as proof of shipment or delivery for both physical and intangible goods"

Seller protection for intangible goods sounds good. Maybe they listened to us?

In this pandemic I bet online goods payments increased lots.

 

[t2van]

Could be mandatory 2FA per EU directive.

I think that change was added in 2-3 months ago I think along with the heads up add a mobile to your PayPal account