posted on July 27, 2009 12:12:48 PM new
I called the phone number to opt out.. and it was to ebay... the girl said I would have to call paypal and opt out..
I am on the phone with them now
will let you know how I make out..
needless to say I gave the girl at ebay an ear full with all of the new changes and all of the changes in the last 3 years.
Amendment to the PayPal User Agreement
Effective Date: August 19, 2009
Beginning August 19, 2009 PayPal user agreement is being amended as follows:
We are revising Section 8 of the User Agreement for two reasons:
To show the fees in a clearer manner without a substantial change, and
To insert the following:
“In some instances, personal transaction pricing may not be available, the transaction will be considered a commercial transaction and the commercial transaction fees shall apply. This may occur on non-PayPal websites that offer you the ability to send a payment from your PayPal account.
Personal transactions are always available when you go to our website, log in to your Account, click the “Send Money” tab, and select “Personal” when you send the money.”
We are revising Sections 10.1 and 10.2 of the User Agreement. The revised section will read as follows:
“10.1 Your Liability. You are responsible for all Reversals, Chargebacks, Claims, fees, fines, penalties and other liability incurred by PayPal, a PayPal User, or a third party caused by or arising out of your breach of this Agreement, and/or your use of the Services.
Liability for PayPal Buyer Protection Claims, and Buyer Complaint Policy Claims. If PayPal makes a final decision that you lose a Claim filed directly with PayPal, you will be required to reimburse PayPal for your liability. Your liability will include the full purchase price of the item and original shipping cost (and in some cases, you may not receive the item back). PayPal Seller Protection may cover your liability, see section 11 below.
Liability for claims filed directly with eBay under eBay’s resolution process.If you are an eBay seller, eBay requires that you comply with their resolution process. As such, you have provided eBay with permission to make a final decision on a claim that a buyer files against you directly with eBay. If eBay makes a final decision that you lose a claim, you agree to allow PayPal to remove funds from your PayPal Account in order to reimburse eBay for your liability. Seller Protection does not cover claims filed with eBay.
Opt-Out. If you do not want to allow PayPal to reimburse eBay for your liability, you may opt-out by calling eBay at 1-866-643-3727. Your opt-out will be effective within 3 Business Days. If you opt-out then eBay will not use your PayPal Account to recover amounts that you owe due to an eBay claim that you lost. This opt-out will not affect other amounts that you pay to eBay using your PayPal Account (such as your eBay fees).
10.2 Reimbursement for Your Liability. In the event that you are liable for any amounts owed to PayPal, PayPal may immediately remove such amounts from your Balance. If you do not have a Balance that is sufficient to cover your liability, your Account will have a negative Balance and you will be required to immediately add funds to your Balance to eliminate the negative Balance. If you do not do so, PayPal may engage in collection efforts to recover such amounts from you.”
posted on July 27, 2009 05:58:48 PM new
If I understand what it is saying (I read Latin,Sanskrit,Greek and Parsi),if you opt out of letting Paypal reimburse Ebay by withdrawing from your Paypal account,you should call Ebay and tell them you are opting out.
Then you and Ebay have to find another way to settle the $$ you owed .
But if you 'opt in'(I guess by not calling Ebay,you are automatically opted in)and you dont have sufficient fund in your Paypal account,then Paypal will reimburse Ebay with its own money and then come after you.
*
Economic Reform act of Chairman Obama of the socialist States of America :
10 ounces of meat per month,half a yard of cotton per year per adult.
Hellilujah!
posted on July 27, 2009 05:59:43 PM new
If I understand what it is saying (I read Latin,Sanskrit,Greek and Parsi),if you opt out of letting Paypal reimburse Ebay by withdrawing from your Paypal account,you should call Ebay and tell them you are opting out.
Then you and Ebay have to find another way to settle the $$ you owed .
But if you 'opt in'(I guess by not calling Ebay,you are automatically opted in)and you dont have sufficient fund in your Paypal account,then Paypal will reimburse Ebay with its own money and then come after you.
*
Economic Reform act of Chairman Obama of the socialist States of America :
10 ounces of meat per month,half a yard of cotton per year per adult.
Hellilujah!
posted on July 28, 2009 01:37:59 PM new
No one seems to notice the 'you may not receive the item back'. This means a bad person can slam you and get their money back AND keep the item. Doesn't seem quite fair does it? (Spoken with tongue firmly in cheek)
posted on July 28, 2009 07:01:22 PM new
It said in some cases,you may not get your item back.
If you sell counterfeit items,the buyer does not have to return the item.
*
Economic Reform act of Chairman Obama of the socialist States of America :
10 ounces of meat per month,half a yard of cotton per year per adult.
Hellilujah!
