PayPal updated its User Agreement (UA) and Privacy Policy. The change that sellers are blaming is to remove their seller protection program for certain types of transactions.
PayPal says in thier statement: “We have updated the additional requirements for the coverage of unauthorized transactions for sellers under our Seller Protection Program so that payment should be made in relation to a transaction where the buyer has to complete the transaction in order for sellers to be covered under the program by entered into their PayPal account.
A change can happen this year due to changes in eBay because it pays an intermediary over the next two years, PayPal said it is adding terms “provides that if you sell in the market and accept payment through your PayPal account, you can be kept on the payment sent on market instructions. “PayPal has published a new UA and has also described changes – here are the provisions that we have charged effective fees:
– For business accounts, they changed the fee charged for our faster withdrawal option to an eligible debit card linked to your PayPal account to 1% of the transferred amount.
– When you send money using PayPal Balance or your bank account and introduce new flat fees for $ 2.99 or $ 4.99 per transaction, in order to send money to PayPal accounts in any country other than the United States, Variable rate pricing has been removed and according to the recipient’s country.
However, when you send money using your credit card, debit card, or PayPal credit, you will be paid a new flat fee for the transaction according to the recipient’s country + 2.9% of the transaction amount + A fixed on the basis of currency Fee.
PayPal customer service and any kind of support appear to be quite good. Apart from normal email and phone support, users can also get support through Facebook and Twitter, although phone support is not the best feedback.