Home  >  Community  >  The eBay Outlook  >  1/17/02 PayPal Policy Updates


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 jsbrock
 
posted on January 17, 2002 09:53:29 PM new
Increased Sending Limit

Notice Date: January 17, 2002
Effective Date: January 31, 2002
Effective 1/29/2002, the Sending Limit for Unverified accounts will be raised from $1,000 to $2,000. Members will need to become Verified by adding and confirming a bank account in order to send money over this limit.


Refund Button

Notice Date: January 17, 2002
Effective Date: January 31, 2002
Due to popular demand, PayPal members will be able to refund all payments received by their PayPal account. The refund button will be available for the first five days after a payment is sent. If the transaction is refunded, all transaction fees will be refunded and the payment will be reversed.

 
 
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