PayPal Policy Change (Signature/Value)

I don't sell much over the old "limit" and I don't bother with signatures anyway but for those that do....

 

  • Amendment to the PayPal User Agreement

Section 11 of the User Agreement currently requires that sellers obtain signature confirmation for transactions of $325 CAD in order for a transaction to be eligible for Seller protection for an Item Not Received Claim. That Section also currently includes a table for the corresponding foreign equivalency amount. This section will be changed to increase the dollar amount required for signature confirmation from $325 CAD to $850 CAD, and the foreign equivalency amounts are also being increased.

 

Effective May 15th.

 

 



"What else could I do? I had no trade so I became a peddler" - Lazarus Greenberg 1915
- answering Trolls is voluntary, my policy is not to participate.
Message 1 of 10
latest reply
9 REPLIES 9

Re: PayPal Policy Change (Signature/Value)

Wait, did I real this right? This would be amazing if I did. So now I don't have to use signature confirmation unless its over 825$?

Message 2 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)

$325

Three hundred and twenty five dollars Canadian.

 

No you didn't read it right.

Message 3 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)


@fmunshi221170 wrote:

Wait, did I real this right? This would be amazing if I did. So now I don't have to use signature confirmation unless its over 825$?


 

You have to wait until May 15, 2014 before the changes go into effect. Anything sold before then is governed by the current limits.

 

Paypal's list of all of the changes:

www.paypal.com/webapps/mpp/ua/upcoming-policies-full?country.x=CA&locale.x=en_CA

Message 4 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)

Wow - this is really great news for me. It means I can compete with US sellers on shipping higher priced items - because a lot of mine are boarder line.

__________________________________________________________

Old enough to know better. Young enough to do it again. Crazy enough to try
Message 5 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)

This is a really great change, now we can compete with U.S. sellers more!

Message 6 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)

Signature Confirmation  has its place, even at values lower than $325.

 

Relatively rare valuable book  was lost when it was deposited in a community mailbox in Calgary....Buyer was livid.

 

Signature confirmation would have meant  that the buyer would have picked up the parcel in person... with signature confirmation..

 

I have used signature confirmation in situations where I am mailing a relatively rare book..  safety in delivery to the buyer

 

 

 

There is more to signature confirmation than a value of $325  or  $850 in the future

 

I have learned my lesson.

 

 

We can now, after May 15, ship internationally with tracking and fully insured up to $850 at less cost ... without the need for signature confirmation  ... 

 

 

 

 

Message 7 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)

I searched and searched on the PayPal site about this change... but all the documents I found are still quoting $325 CAD as before May 15. Does someone know where I can find the link confirming that change is in effect?

 

https://www.paypal.com/ca/webapps/mpp/security/seller-protection-learn-more

Message 8 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)

From the Paypal User Agreement

 

Section 11.4Proof of Shipment, Proof of Delivery and Signature Confirmation Requirements.

 

Signature Confirmation as described below if the full amount of the payment, including shipping and taxes, is $850 CAD, or its foreign currency equivalent provided below:

 

 

Message 9 of 10
latest reply

Re: PayPal Policy Change (Signature/Value)

Section 11.4

Message 10 of 10
latest reply