Paypal UA updates, just hit my inbox

[southern*sweet*tea]

https://www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full

Some of the more interesting highlights:

• We’re no longer going to offer the Pay After Delivery product so we are removing terms related to that product from the user agreement. 
• We’re clarifying that when purchasing or sending money, we may require a backup payment method for your transaction(s) to be used if the selected payment method is declined, expired or otherwise unavailable.
• We’re updating the additional requirements for coverage of Unauthorized Transactions for sellers under our Seller Protection program to require that the payment must have been made in connection with a transaction where the buyer logged into their PayPal account to complete the transaction in order for sellers to be covered under the program.
• We’re adding terms that apply to marketplace sellers.  If you sell on a marketplace and accept payment through your PayPal account, a hold may be placed on a payment sent to you at the instruction of the marketplace.
• For business accounts, we are changing the fee charged for our faster withdrawal option to an eligible debit card linked to your PayPal account to 1% of the transferred amount.
• We’re changing the balance functionality for your PayPal account depending on whether we have been able to verify identifying information that you provide to us. 
  • If we have not verified your identifying information, a balance in your PayPal account can generally only be held in your PayPal account and transferred to a linked bank account or debit card.
  • If we have verified your identifying information, a balance in your PayPal account can be held in your PayPal account, transferred to a linked bank account or debit card, used to make purchases or send money to others.

[gymbo_limbo]

I would love to stock up on some extras "for a friend" myself if the prices weren't going so high on those things! Ouch!

[janet9988]

We’re updating the additional requirements for coverage of Unauthorized Transactions for sellers under our Seller Protection program to require that the payment must have been made in connection with a transaction where the buyer logged into their PayPal account to complete the transaction in order for sellers to be covered under the program.

I would think requiring buyers to have a USA Paypal account will take care of this?? Or am I misreading something?

[westex80]

It looks like they had a change of heart. I just went to Paypal to read the new UA update myself being very concerned about the changes I was reading about Seller Protection here on ebay. In the middle of the new update on Paypal it now states "Please note that we are not proceeding with the amendment originally included in this Policy Update stating a payment must be made in connection with a transaction where the buyer logged into their PayPal account in order for a seller to be covered for Unauthorized Transactions under our Seller Protection program." I'm not sure what caused the reversal but have a feeling we will be seeing this change implemented from Paypal in the future.