PayPal Policy Update w.e.f. 9th July, 2008
June 14, 2008 – 7:26 pmThe other day, I received an email notification about PayPal policy update. I just managed to check it a moment ago and I think that everyone who is using PayPal AND selling on eBay should learn the new changes to PayPal’s policy.
Amendment to User Agreement, Fees Policy, Payments (Sending, Receiving, and Withdrawals) Policy, and Premier and Business Account Policy.
The new changes will be in place with effect from 9th July, 2008. However, I do not see how someone can stop using PayPal altogether even if they disagree with the new policy updates. PayPal is so common nowadays that everyone is using it for its convenience regardless of its risk or exorbitant charges.
What I like each time PayPal updates its policy is that they point out exactly what are the changes. Don’t worry, you do not have to reread the whole document and then wonder where the changes are.
Check it out soon if you are using PayPal as your payment processor.
Tags: PayPal policy update, PayPal policy updates
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