Term and Condition for PayPal Service

Please note: The version of this Agreement marked “Current User Agreement for PayPal Service” set out immediately below is effective until August 19, 2019.

The version of this Agreement marked “Updated User Agreement for PayPal Service – effective August 19, 2019” further below will take effect and supersede the Current User Agreement for PayPal Service on August 19, 2019.

Current User Agreement for PayPal Service

This Agreement contains seventeen sections (including a schedule). You may jump directly to any section by selecting the appropriate link below. The headings and subheading s below are for reference only and do not limit the scope of each section. Some capitalised terms have specific definitions in Section 16. Underlined words in this Agreement and on our website hyperlink to relevant information.

Jump to section:

  1. Our Relationship with You
  2. Your Account and Balances
  3. Funding Sources
  4. Sending Money
  5. Receiving Money
  6. Withdrawing/Redeeming E-money
  7. Term and closing Your Account
  8. Fees and Currency Conversion
  9. Restricted Activities
  10. Your Liability – Actions We May Take
  11. Seller Protection Programme
  12. Errors and Unauthorised Transactions
  13. PayPal Buyer Protection
  14. Disputes with PayPal
  15. General
  16. Definitions

Schedule 1. Table of Fees

This Agreement is a contract between you and PayPal and applies to your use of the Services.

The terms of the Acceptable Use Policy, and Merchant Gift Vouchers Policy located on the “Legal Agreements” landing page are incorporated by reference into this Agreement and provide additional terms and conditions related to the Services.  The above mentioned documents are “Ancillary Documents” for the purpose of this Agreement. For the avoidance of doubt, neither the Ancillary Documents nor the parts of this Agreement that incorporate the terms of the Ancillary Documents constitute “framework contracts” for the purpose of the EU Payment Services Directive (2007/64/EC), the Second EU Payment Services Directive (EU)2015/2366) (“PSD2”) or any implementation of those directives in member states of the EU or EEA.

Entering into this Agreement

By registering for the Services, you must read, agree with and accept all of the terms and conditions contained in this Agreement (including the Policy Updates, policies and reward terms referred to below).

All future Changes set out in the Policy Update already published on the “Legal Agreements” landing page of the PayPal website at the time you register for the Services are incorporated by reference into this Agreement and will take effect as specified in that Policy Update.

This Agreement, together with other legal terms and legally required disclosures relating to your use of the PayPal Service will be provided to you, at all times on the PayPal website(s) (typically located on the “Legal Agreements” landing page). This information may also be sent to you or appear in places on the PayPal website(s) or otherwise where relevant to your use of the Services.

This Agreement is provided to you and concluded in English only. You agree that any use by you of the Services shall constitute your acceptance of the Agreement and we recommend that you store or print-off a copy of the Agreement (including all policies) for your records.

PayPal may require you to have a PayPal Account to use the Services (including, without limitation, to send or receive payments or to use PayPal as a means of logging into third party services).