PayPal policy changes coming (May 15, 2014)

 

Paypal's detailed list of May 15 policy changes:

 

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

 

 

* 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.

 

 

* Section 13.5 of the User Agreement currently requires a Buyer to obtain signature confirmation of return delivery for transactions that total $325 CAD or more in order for the transaction to be eligible for PayPal Purchase Protection for a Significantly Not As Described Claim. This section will be amended to increase this dollar threshold from $325 CAD to $850 CAD.

 

 

* adding new Sections 15.5 and 15.6 to the User Agreement in order to include a license grant from Users to PayPal with respect to certain User generated content. In the new Section 15.5, when you give PayPal content, such as images or text, PayPal can use that content in various ways and exercise other of your rights related to it. Section 15.5 also provides that you guarantee that the material does not infringe the intellectual property or publicity rights of others. New Section 15.6 limits Section 15.5 by restricting our right under the User Agreement to use merchants’ trademarks to particular circumstances.

 

 

* PayPal is changing its Privacy Policy.  The update to the Privacy Policy is effective May 15, 2014 and contains several changes including changes to provide greater transparency into our privacy practices, and to better reflect the way PayPal collects, uses, stores, and processes your personal information. The updated policy also provides additional information about our use of Cookies and similar tracking technologies and our handling of Do Not Track signals.

 

 

 

 

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