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Upcoming Paypal Policy Changes

Discussion in 'SteamRep General Discussion' started by Rosalina, May 8, 2016.

  1. Rosalina

    Rosalina New User

    Messages:
    83
    Steam:
    STEAM_0:0:64197455
    For those who buy Steam Gift Cards and other various gift cards with paypal from steam traders (I know these are popular things that are traded on steam). You might want to read this as you will no longer be provided with seller protection

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

    Amendments to the PayPal User Agreement
    Effective Date: June 25, 2016



    PayPal is changing its User Agreement. The amended User Agreement will be effective as to all PayPal users on June 25, 2016. We encourage you to review this Policy Update and familiarize yourself with the changes that are being made. To see the entire Amended User Agreement that will be effective June 25, 2016, please click here.

    If you do not agree to the amended User Agreement, you may close your account before June 25, 2016 and you will not be bound by the amended terms.

    A summary of changes is provided below.



    REVISED SECTION 11.5

    We’re making a clarifying change to Section 11.5 and adding a new item that will be excluded from PayPal Seller Protection. The new item that will not be eligible for Seller Protection is:

    • Items equivalent to cash, including gift cards.

    SECTION 13.2 Eligibility Requirements

    We’re updating the eligibility requirement for Purchase Protection. The revisions to Section 13.2 will be as follows:

    • We’re deleting the requirement that user’s pay for the full amount of the item with one payment.
    • We’re adding that you must respond to PayPal’s request for documentation and other information in a timely manner.

    SECTION 13.3 Ineligible Items

    We’re updating the list of items that are not eligible for Purchase Protection. The new items that will not be eligible are:

    • Payments on crowdfunding platforms
    • Anything purchased from or an amount paid to a government agency
    • Gambling, gaming and/or any other activity with an entry fee and a prize
    We’re also clarifying the exclusion for items equivalent to cash to now include stored value items such as gift cards and pre-paid cards.


    SECTION 13.5 Dispute Resolution

    We’re updating the second bullet of Section 13.5 and are now requiring all buyers to wait at least 7 days to escalate a dispute to a claim regardless of the transaction amount.
    Xenophobia likes this.
  2. SilentReaper(SR)

    SilentReaper(SR) Retired Staff

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    11,991
    SteamRep Admin:
    STEAM_0:0:89705646
    Paypal and "protection" in the same post... sacrilege... not possible and very dangerous combination of "chemicals", I'll have to call the bomb squad to safely defuse that.

    Oh, oops, the bomb squad guy has blown himself up.

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    Someone 2 and Roudydogg1 like this.