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paypal policy changes


Forum: Swap Shop - For sale by mommy

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  #1  
May 17th, 2009, 08:04 AM
Mega Super Mommy
Join Date: Jan 2008
Posts: 3,277
goes in effect june 3rd - u wont be able to buy things from people using private accounts..... u have to log in to ur paypal account and read the updated polices....
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  #2  
May 26th, 2009, 03:37 PM
Kelly's Avatar Platinum Supermommy
Join Date: Jan 2005
Location: North Carolina
Posts: 21,551
what!? Off to read this new update.

ETA: OK, here is what is says:

Quote:
Effective Date: June 3, 2009

Beginning June 3, 2009 PayPal user agreement is being amended as follows:

1. Section 4.2 of the user agreement will read as follows:

“4.2 Receiving Payments for Commercial Transactions and Personal Transactions.
a. Fees depend on whether you are making a commercial transaction or a personal transaction. A commercial transaction involves buying and selling goods or services, and payments received when you send a “request money” using PayPal. A personal transaction involves sending money to and receiving money from friends and family without making a purchase.

b. If you are selling goods or services, you may not ask the buyer to send you a personal payment for the purchase. If you do so, PayPal may remove your ability to accept personal payments.”
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Last edited by Kelly; May 26th, 2009 at 03:47 PM.
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