From what I read into the new user agreement Paypal sent this morning, other than expected increased fees for everything related to Paypal, the one that is important to most of us that use it would be that Paypal is no longer offering seller or purchaser protection on payments sent using the friends and family function. Just wanted to point that out as it's probably the biggest change protection-wise for many of us.
Darin
We are updating the list of items that are not eligible for Purchase Protection. The updates to the list are:
Financial products or investments of any kind.
Donations.
Payments sent using PayPal’s friends and family functionality.
Payments made using PayPal Payouts and Mass Pay or guest checkout transactions (i.e., payments not sent using your PayPal account).
We are updating the list of items that are not eligible for Seller Protection. The updates to the list are:
Donations.
Financial products or investments of any kind.
Payments sent using PayPal’s friends and family functionality.
Payments made using PayPal Payouts and Mass Pay.
Last edited by DWSheffer; Wed Feb 08 2017 08:34 AM.
