About our main business. PayPal is a Payment Institution Issuer of E-Money licensed by the Central Bank of Brazil, pursuant to Law No. 12,865, of October 9, 2013, and, as such, offers payment services, as established in this agreement. PayPal is also an institutor of a closed-ended payment scheme of prepaid payment accounts exempted from authorization, pursuant to Circular No. 3,682 of November 4th, 2013, classified as a purchase scheme, domestic and cross-border, according to applicable regulation. PayPal services consist of the following: (i) enrollment of individuals and legal entities to accept PayPal as a payment method and receive payments resulting from the sale of goods or services by electronic means, (ii) registration of individuals and legal entities to use PayPal as a payment method and send payments for the acquisition of goods or services by electronic means, (iii) management of the network of registered users and set of rules and procedures that govern the provision of payment services, which include capture, transmission, data processing and settlement of electronic payment transactions, and (iv) management of users' accounts. PayPal does not provide services and does not perform activities provided and performed exclusively by financial institutions or insurance companies, such as banking, insurance or foreign exchange services. Please note the following risks of using the PayPal services: • by becoming a PayPal user, you will be able to act both as a paying user (buyer), using PayPal as a payment instrument to buy goods and/or services, or as a receiving user (seller), accepting PayPal as a payment instrument to sell goods and/or services. You may be a buyer and a seller at the same time, depending on the activity performed in relation to a certain payment transaction. • If you qualify as a seller, the payments received in your account may be reversed at a later time, for example, if a payment is subject to a chargeback, reversal, claim, or is otherwise invalidated. This means that a payment may be reversed from your account after you, as a receiving user, have provided the goods or services that were purchased by a buyer. • Sellers may lower the risk of a payment being reversed from their account by following the criteria set out in PayPal’s Seller Protection Program and by following the other security guidelines provided in Security Center page on PayPal’s website. PayPal reserves the right to close, suspend, or limit your access to your account or to the PayPa...
About our main business. PayPal is a Payment Institution Issuer of E-Money licensed by the Central Bank of Brazil, pursuant to Law No. 12,865, of October 9, 2013, and, as such, offers payment services, as established in this agreement. PayPal is also a settlor of a closed-looped payment scheme of prepaid payment accounts exempted from authorization, pursuant to the applicable regulation. PayPal services consist of the following: (i) enrollment of individuals and legal entities to accept PayPal as a payment method and receive payments resulting from the sale of goods or services by electronic means, (ii) registration of individuals and legal entities to use PayPal as a payment method and send payments for the acquisition of goods or services by electronic means, (iii) management of the network of registered users and set of rules and procedures that govern the provision of payment services, which include capture, transmission, data processing and settlement of electronic payment transactions, and (iv) management of users’ accounts. PayPal does not provide services and does not perform activities provided and performed exclusively by financial institutions or insurance companies, such as banking, insurance or foreign exchange services. Please note the following risks of using the PayPal services: • By becoming a PayPal user, you will be able to act both as a paying user, using the payment instruments linked to your PayPal Account in order to buy goods and services, or as a receiving user accepting payments for selling goods and/or services. You may be a buyer and a seller at the same time, depending on the activity performed in relation to a certain payment transaction. • If you qualify as a receiving user, the payments received in your account may be reversed at a later time, for example, if a payment is subject to a chargeback, reversal, claim, or is otherwise invalidated. This means, for example, that a payment may be reversed from your account after you, as a receiving user, have provided the goods or services that were purchased by a buyer. • Receiving users may lower the risk of a payment being reversed from their account by following the criteria set out in PayPal’s Seller Protection Program and by following the other security guidelines provided in Security Center page on PayPal’s website. PayPal reserves the right to close, suspend, or limit your access to your account or to the PayPal services, and/or limit access to the funds you receive for any of the reasons set out in ...
About our main business. PayPal is a Payment Institution Issuer of E-Money licensed by the Central Bank of Brazil, pursuant to Law No. 12,865, of October 9, 2013, and, as such, offers payment services, as established in this agreement. PayPal is also an institutor of a closed-ended payment scheme of prepaid payment accounts, classified as a purchase scheme, domestic and cross-border, according to applicable regulation. PayPal services consist of the following: (i) enrollment of individuals and legal entities to accept PayPal as a payment method and receive payments resulting from the sale of goods or services by electronic means, (ii) registration of individuals and legal entities to use PayPal as a payment method and send payments for the acquisition of goods or services by electronic means, (iii) management of the network of registered users and set of rules and procedures that govern the provision of payment services, which include capture, transmission, data processing and settlement of electronic payment transactions, and
About our main business. PayPal is a payment services provider and acts as such by creating, hosting, maintaining and providing our PayPal services to you via the internet. You can learn more about our business in PayPal’s Business in Japan. Opening an Account In Japan, we offer three types of accounts: personal accounts, premier accounts, and business accounts. You are responsible for maintaining adequate security and control of any and all IDs, passwords, personal identification numbers, or any other codes that you use to access your PayPal account and the PayPal services. You must keep your mailing address, email address and other contact information current in your PayPal account profile.
About our main business. PayPal is not an authorised institution (licensed bank, restricted licence bank, or deposit-taking company) for the purpose of Banking Ordinance (Cap. 155) and the PayPal services are stored value facility and payment processing services rather than banking services. PayPal Hong Kong Limited is a licensed issuer of a stored value facility regulated by the Hong Kong Monetary Authority under Licence Number: SVF0008. Consumer advisory - please note that stored value facility balances are not protected by the Hong Kong Deposit Protection Scheme. Consumers (users) in Hong Kong SAR China, are advised to read these terms and conditions carefully. This user agreement is not a solicitation of the PayPal services and PayPal is not targeting any country/region or market through this user agreement.
