Accepting preauthorized payments Sample Clauses

Accepting preauthorized payments. As a seller, you can accept payments from a buyer's account through preauthorized payments either on a one-time, regular or sporadic basis. This type of transaction is sometimes called a "billing agreement," "subscription," "recurring payment," "reference transaction," "preauthorized debit or PAD", "preauthorized transfer, "pre-approved payment " or "automatic payment." If you receive preauthorized payments from buyers: You must: You must not: Get each buyer's prior authorization for the amount, frequency, and duration of any such payment. Restart future payments without the buyer's written authorization, if a buyer has stopped or canceled a preauthorized payment. Provide a simple and easily accessible online cancellation procedure, if buyers sign up for preauthorized payments online. Provide buyers the ability to stop any such payment up to 3 Business Days before the date scheduled for payment. Notify the buyer at least 10 days in advance of the amount and date of each preauthorized payment if the preauthorized payment will vary from the preauthorized amount or (at the buyer's option) any payment that is in an amount that falls outside of the pre-determined range.
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Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s account through preauthorized transfers either on a one-time, regular or sporadic basis. This type of transaction is sometimes called a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "pre-approved payment" or "automatic payment". If you receive preauthorized payments from buyers: You must: You must not: Get each buyer’s prior authorization for the amount, frequency, and duration of any such payment. Provide a simple and easily accessible online cancelation procedure, if buyers sign up for preauthorized payments online. Provide buyers the ability to stop any such Restart future payments without the buyer’s payment up to 3 Business Days before the date scheduled for payment. Notify the buyer at least 10 days in advance of the amount and date of each preauthorized payment if the preauthorized payment will vary from the preauthorized amount or (at the buyer’s option) any payment that is in an amount that falls outside of the pre-determined range. written authorization, if a buyer has stopped or canceled a preauthorized payment. Transaction Fees for Online and In-Store Payments Your PayPal transaction fees depend on: • the country of the buyer’s account or the currency of their card; • whether you are registered as a charitable organization and have active 501(c)(3) status. Your 501(c)(3) status must be documented with PayPal to receive the rates applicable to charitable organizations, and those rates will apply only after you document your status with us. Standard transaction fees The fees you pay when selling goods or services or receiving donations, and the buyer pays using their PayPal account (or using another authorized wallet), can be found on the Standard Transaction Fees table, with the fees applicable to charitable organizations founds on the Standard Transaction Fees for Charitable Organizations table for the charitable fees. Please note that: • We may revise the fees applicable to future transactions that you process using PayPal, subject to the applicable notice requirements set forth herein. • If you accept payments using a PayPal product (like PayPal Here or PayPal Payments Pro), the fees applicable to those products will apply to your transactions.
Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s account through preauthorized transfers either on a one-time, regular or sporadic basis. This type of transaction is sometimes called a “billing agreement,” “subscription,” “recurring payment,” “reference transaction,” “pre-approved payment“ or “automatic payment.” If you receive preauthorized payments from buyers: You must: You must not: Get each buyer’s prior authorization for the amount, frequency, and duration of any such payment. Restart future payments without the buyer’s written authorization, if a buyer has stopped or canceled a preauthorized payment. Provide a simple and easily accessible online cancellation procedure, if buyers sign up for preauthorized payments online. Provide buyers the ability to stop any such payment up to 3 Business Days before the date scheduled for payment. Transaction Fees for Online and In-Store Payments Standard transactions fees Your PayPal transaction fees depend on the country of the buyer’s account or the currency used. The fees you pay when selling goods or services or receiving donations and the buyer pays using their PayPal account (or using another authorized wallet) can be found on the Merchant Services Fees table. Please note that: • If you accept payments using a PayPal product (like PayPal Payments Pro), the fees applicable to those products will apply to your transactions.
Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s account through preauthorized transfers either on a one-time, regular or sporadic basis. This type of transaction is sometimes called a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "pre-approved payment " or "automatic payment." If you receive preauthorized payments from buyers: You must: You must not: Get each buyer’s prior authorization for the amount, frequency, and duration of any such payment. Restart future payments without the buyer’s written authorization, if a buyer has stopped or canceled a preauthorized payment. Provide a simple and easily accessible online cancellation procedure, if buyers sign up for preauthorized paymentsonline. Provide buyers the ability to stop any such payment up to 3 Business Days before the date scheduled for payment.
Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s account through preauthorized transfers either on a one-time, regular or sporadic basis. This type of transaction is sometimes called a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "pre-approved payment " or "automatic payment." If you receive preauthorized payments from buyers: You must: You must not: Get each buyer’s prior authorization for the amount, frequency, and duration of any such payment. Restart future payments without the buyer’s written authorization, if a buyer has stopped or canceled a preauthorized payment. Provide a simple and easily accessible online cancellation procedure, if buyers sign up for preauthorized paymentsonline. Provide buyers the ability to stop any such payment up to 3 Business Days before the date scheduled for payment. Transaction Fees for Online Payments Fees for selling and receiving payments The fees for selling and receiving payments may include amounts owed to other payments institutions and/or financial institutions. Selling and receiving payments include: • A Payment for the sale of goods or services. • A Payment received via the ”Request Payment” tab on PayPal’s website. • A payment that is sent to, or received by, a business or other commercial or non-profit entity. The fees you pay when selling goods or services can be found on the Fees for selling and receiving payments table. Please note that we may adjust the fees applicable to future transactions that you process using PayPal. We will provide you at least 30 days’ advance notice of any fee increase or the introduction of a new type of fee. If you refund (partially or fully) a transaction to a buyer or a donation to a donor, there are no fees to make the refund, but the fees you originally paid as the seller will not be returned to you.
Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s account through preauthorized transfers either on a one-time, regular or sporadic basis. This type of transaction is sometimes called a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "pre-approved payment " or "automatic payment." If you receive preauthorized payments from buyers: You must: You must not: Get each buyer’s prior authorization for the amount, frequency, and duration of any such payment. Restart future payments without the buyer’s written authorization, if a buyer has stopped or canceled a preauthorized payment. Provide a simple and easily accessible online cancelation procedure, if buyers sign up for preauthorized payments online. Provide buyers the ability to stop any such payment up to 3 Business Days before the date scheduled for payment. Notify the buyer at least 10 days in advance of the amount and date of each preauthorized payment if the preauthorized payment will vary from the preauthorized amount or (at the buyer’s option) any payment that is in an amount that falls outside of the pre- determined range.
Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s PayPal account through preauthorized transfers either on a one-time, regular or sporadic basis. This type of transaction is sometimes called a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "pre-approved payment " or "automatic payment." You must not: You must: If you receive preauthorized payments from buyers: Get each buyer’s prior authorization for the amount, frequency, and duration of any such payment.
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