Paypal updated it’s policy due to recent regulations from Indian government

Paypal updated it’s policy due to recent regulations from Indian government. The changes in policy is effective from March 10, 2010 stated in their upcoming policy changes. Interestingly, this is not available in PayPal, India website (www.paypal.com/in), available in US website (www.paypal.com/us). Here is the list of changes:

Amendment to the PayPal User Agreement

Section 8 (Fees) of the User Agreement is amended to state that you may not send a Personal Payment to a recipient in India. Any payment sent to India must be for a Purchase Payment and will be charged the Purchase Payment fees.

Amendment to the PayPal User Agreement

The following will be added to section 11.7 (newly numbered 11.5) as an additional example of transactions not eligible for seller protection:

“Items that are not shipped to the recipient’s shipping address on the Transaction Details Page. If you originally ship the item to the shipping address on the Transaction Details Page but the item is later redirected to a different address, you will not be eligible for seller protection. We therefore recommend not using a shipping service that is controlled by the buyer.”

Amendment to Section 13 (Protection for Buyers) of the PayPal User Agreement

Section 13.3 (Eligibility of Item Purchased on eBay) has been amended. Eligibility for PayPal Buyer Protection is now based on whether the PayPal or eBay buyer protection message is included in the eBay listing. Previously eligibility had been based only on whether a PayPal Buyer Protection message was shown.

Amendment to the PayPal Student Account Agreement

1. The following language is added to section 3.c (Parent Control):

x.: “Marketing Promotions. If the Parent Account has opted-in to receiving marketing notifications in its Account Profile, then we may send such notifications to the Child as well.”

2. The following language is added to section 3.d (Child Control):

x.: “Marketing Promotions. The Student may participate in marketing promotions or campaigns offered from time to time.”

3. The last paragraph of section 4 (Liability) will read:

“Any online agreements that are accepted by the Child, including terms and conditions of any promotion the Child participates in, are accepted by the Parent as if the Parent had taken the action. The Parent is responsible for educating the Child on internet safety.”

Amendment to the PayPal Acceptable Use Policy

Beginning March 10, 2010 the PayPal Acceptable Use Policy is being amended under the Activities Requiring Approval section to add airlines and scheduled or non-scheduled charters/jets/air taxi operators as services that require pre-approval.

Source: https://cms.paypal.com/us/cgi-bin/?&cmd=_render-content&content_ID=ua/upcoming_policies_full&locale.x=en_US