Common use of Accepting preauthorized payments Clause in Contracts

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 's account through preauthorized transfers 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 '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 cancellation 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 '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 Standard transactions fees Your PayPal transaction fees depend on: • the country of on 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's country/region. 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 Commercial Payments 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 adjust the fees applicable to future transactions that you process using PayPal, subject to . We will provide you at least 30 days' advance notice of any fee increase or the applicable notice requirements set forth hereinintroduction of a new type of fee. • 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 paymentpayment " 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 Provide a simple and easily accessible online cancelation cancellation procedure, if buyers sign up for preauthorized payments online. authorization, if a buyer has stopped or canceled a preauthorized payment. 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 Payments Fees for selling and In-Store Payments Your PayPal transaction receiving payments The fees depend onfor selling and receiving payments may include amounts owed to other payment institutions and/or financial institutions. Selling and receiving payments include payments: • for the country sale of the buyer’s account goods or the currency of their cardservices; • whether you are registered as received via the ”Request Payment” tab on PayPal’s website; and • received by a charitable organization and have active 501(c)(3) statusbusiness or other commercial or non-profit entity (including donations). 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), donation can be found on the Standard Commercial Transaction Fees tabletables, with and the fees applicable to charitable organizations founds can be found on the Standard Charity Transaction Fees for Charitable Organizations table for the charitable feestables. Please note that: • We that we may revise 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. Micropayments Fees You may qualify to receive micropayments pricing for the sale of goods and services through your PayPal account, subject if your transactions typically average up to R$7.99. In order to qualify, you must have a PayPal account that is in good standing (for example, no limitations or amounts owed to PayPal) and you must submit an application and have it approved by us. If your PayPal account is approved to accept micropayments, then the applicable notice requirements set forth hereinfees found on the Micropayment Fees tables will apply to all transactions for the sale of goods or services processed through your PayPal account, instead of Fees for selling and receiving payments. • If you accept payments have multiple PayPal accounts, you must route your micropayments transactions through the appropriate account. Once a transaction is processed, PayPal will not re-route the transaction through a different account. PayPal Payouts If you have a Balance Business Account and are using a PayPal product Payouts (like PayPal Here or PayPal Payments Proformerly Mass Pay), the fees applicable terms of the PayPal Payouts Agreement will apply. Your responsibility to those products will apply notify PayPal of pricing or fee errors Once you have access to any account statement(s) or other account activity information made available to you by PayPal with respect to your transactionsPayPal account(s), you will have sixty (60) days to notify PayPal in writing of any errors or discrepancies with respect to the pricing or other fees applied by PayPal. If you do not notify PayPal within such timeframe, you accept such information as accurate, and PayPal shall have no obligation to make any corrections, unless otherwise required by applicable law. For the purposes of this provision, such pricing or fee errors or discrepancies are different than unauthorized transactions and other electronic transfer errors which are each subject to different notification timeframes as set forth in this user agreement.

Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s account through preauthorized transfers 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,” "pre-approved paymentpayment " 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, Provide a simple and easily accessible online cancelation cancellation procedure, if buyers sign up for preauthorized payments online. if a buyer has stopped or canceled a preauthorized payment. 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 Standard transactions fees Your PayPal transaction fees depend on: • the country of on the buyer’s account or the currency of their card; • country/region and weather whether you are a registered as a charitable organization and have active 501(c)(3) statuscharity. Your 501(c)(3) registered charity status must be documented with PayPal us 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 donationsservices, and where the buyer pays using their PayPal account (or using another authorized wallet), can be found on the Standard Transaction Merchant Services Fees table, with the fees applicable to charitable organizations founds on the Standard Transaction Fees for page and Charitable Organizations table for the charitable feesFees. Please note that: • We may revise adjust the fees applicable to future transactions that you process using PayPal, subject to . We will provide you at least 30 days’ advance notice of any fee increase or the applicable notice requirements set forth hereinintroduction of a new type of fee. • If you accept payments using refund (partially or fully) a PayPal product (like PayPal Here transaction to a buyer or PayPal Payments Pro)a donation to a donor, there are no fees to make the refund, but the fees applicable you originally paid as the seller will not be returned to those products will apply to your transactionsyou.

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 paymentpayment " 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 cancellation 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 Payments Fees for selling and In-Store Payments Your PayPal transaction receiving payments The fees depend onfor selling and receiving payments may include amounts owed to other payment institutions and/or financial institutions. Selling and receiving payments include payments: • for the country sale of the buyer’s account goods or the currency of their cardservices; • whether you are registered as received via the ”Request Payment” tab on PayPal’s website; and • received by a charitable organization and have active 501(c)(3) statusbusiness or other commercial or non-profit entity (including donations). 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), donation can be found on the Standard Commercial Transaction Fees tabletables, with and the fees applicable to charitable organizations founds can be found on the Standard Charity Transaction Fees for Charitable Organizations table for the charitable feestables. Please note that: • We that we may revise 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. Micropayments Fees You may qualify to receive micropayments pricing for the sale of goods and services through your PayPal account, subject if your transactions typically average up to R$7.99. In order to qualify, you must have a PayPal account that is in good standing (for example, no limitations or amounts owed to PayPal) and you must submit an application and have it approved by us. If your PayPal account is approved to accept micropayments, then the applicable notice requirements set forth hereinfees found on the Micropayment Fees tables will apply to all transactions for the sale of goods or services processed through your PayPal account, instead of Fees for selling and receiving payments. • If you accept payments have multiple PayPal accounts, you must route your micropayments transactions through the appropriate account. Once a transaction is processed, PayPal will not re-route the transaction through a different account. PayPal Payouts If you have a Balance Business Account and are using a PayPal product Payouts (like PayPal Here or PayPal Payments Proformerly Mass Pay), the fees applicable terms of the PayPal Payouts Agreement will apply. Your responsibility to those products will apply notify PayPal of pricing or fee errors Once you have access to any account statement(s) or other account activity information made available to you by PayPal with respect to your transactionsPayPal account(s), you will have sixty (60) days to notify PayPal in writing of any errors or discrepancies with respect to the pricing or other fees applied by PayPal. If you do not notify PayPal within such timeframe, you accept such information as accurate, and PayPal shall have no obligation to make any corrections, unless otherwise required by applicable law. For the purposes of this provision, such pricing or fee errors or discrepancies are different than unauthorized transactions and other electronic transfer errors which are each subject to different notification timeframes as set forth in this user agreement.

Accepting preauthorized payments. As a seller, you can accept payments from a buyer’s 's account through preauthorized transfers 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 's prior authorization authorisation for the amount, frequency, and duration of any such payment. Restart future payme written authorisation canceled a preauthor Provide a simple and easily accessible online cancelation cancellation 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 '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 If you receive preauthorized payment. payments from buyers: Transaction Fees for Online and In-Store Payments Standard transactions fees Your PayPal transaction fees depend on: • the country of on 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's country/region. 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 Merchant Services 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 adjust the fees applicable to future transactions that you process using PayPal. We will provide you at least 14 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, subject there are no fees to make the applicable notice requirements set forth hereinrefund, but the fees you originally paid will not be returned to you. • 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 cancelation cancellation 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 Standard transaction fees Your PayPal transaction fees depend on: • the country of the buyer’s account or the currency of their card; • whether you are a registered as a charitable organization and have active 501(c)(3) statuscharity with the Canada Revenue Agency. Your 501(c)(3) registered charity status must be documented with PayPal us 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 Merchant Services Fees table, table with the fees applicable to charitable organizations founds found on the Standard Transaction Fees for Charitable Organizations table for the charitable feesFees table. 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. Micropayments Fees You may qualify to receive micropayments pricing for the sale of goods and services through your PayPal account, if your transactions typically average less than $10. In order to qualify, you must have a PayPal account that is in good standing (for example, no limitations or negative PayPal balance), you may not be processing payments using PayPal Payments Pro and you must submit an application and have it approved by us. If your PayPal account is approved to accept micropayments, then the fees found on the Micropayment Fees table will apply to all transactions for the sale of goods or services processed through your PayPal account, instead of Merchant Services Fees. If you have multiple PayPal accounts, you must route your micropayments transactions through the appropriate account. Once a transaction is processed, PayPal will not re-route the transaction through a different account. PayPal Payouts If you are using PayPal Payouts (formerly Mass Pay), the terms of the PayPal Payouts Agreement will apply. Your responsibility to notify PayPal of pricing or fee errors Once you have access to any account statement(s) or other account activity information made available to you by PayPal with respect to your business account(s), you will have sixty (60) days to notify PayPal in writing of any errors or discrepancies with respect to the pricing or other fees applied by PayPal. If you do not notify PayPal within such timeframe, you accept such information as accurate, and PayPal shall have no obligation to make any corrections. For the purposes of this provision, such pricing or fee errors or discrepancies are different than Unauthorized Transactions and other electronic transfer Errors which are each subject to different notification timeframes as set forth herein.