Common use of Closing Your PayPal Account Clause in Contracts

Closing Your PayPal Account. You may close your PayPal account and terminate your relationship with us at any time without cost, but you will remain liable for all obligations related to your PayPal account even after the PayPal account is closed. When you close your PayPal account, we will cancel any scheduled or incomplete transactions. If you have a Balance Account linked to a personal PayPal account, you must withdraw or transfer any funds held in your Balance Account before closing your personal PayPal account, and closing a personal PayPal account will result in PayPal automatically closing any linked Balance Account. If you have a business PayPal account, you must withdraw or transfer any balance from your business PayPal account before closing it, and if you have not provided the required identifying information to us, or if we are unable to verify the required identifying information you provide, you must transfer any balance in your business PayPal account to a linked bank account or debit card. You cannot withdraw or transfer digital gift certificates/cards that are purchased through PayPal Digital Gifts and linked to your personal or business PayPal account as payment methods. However, even without your PayPal account, you can still use the codes you received by email when you purchased the gift certificates/cards to make purchases. In certain cases, you may not close your PayPal account, including: • To evade an investigation. • If you have a pending transaction or an open dispute or claim. • If your PayPal account has a negative balance. • If your PayPal account is subject to a hold, limitation or reserve. You can link or unlink certain payment methods such as a credit card, debit card, a U.S. bank account or PayPal Credit to your PayPal account. You can also link a Balance Account to your personal PayPal account as a payment method and unlink the Balance Account by withdrawing all funds and closing it. Please keep your payment method information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may remove your payment method from your PayPal account. If we update your payment method, we will keep any preference setting attached to such payment method. You may choose to confirm your card, so that we can verify that the card is valid and that you are the card owner. To do this, we will charge $1.95 to the card. After the card is confirmed, we will immediately refund this amount to the card.

Closing Your PayPal Account. You may close your PayPal account and terminate your relationship with us at any time without cost, but you will remain liable for all obligations related to your PayPal account even after the PayPal account is closed. When you close your PayPal account, we will cancel any scheduled or incomplete transactions. If you have a Balance Cash Account linked to a personal PayPal account, you must withdraw or transfer any funds held in your Balance Cash Account before closing your personal PayPal account, and closing a personal PayPal account will result in PayPal automatically closing any linked Balance Cash Account. If you have a business PayPal account, you must withdraw or transfer any balance from your business PayPal account before closing it, and if you have not provided the required identifying information to us, or if we are unable to verify the required identifying information you provide, you must transfer any balance in your business PayPal account to a linked bank account or debit card. You cannot withdraw or transfer digital gift certificates/cards that are purchased through PayPal Digital Gifts and linked to your personal or business PayPal account as payment methods. However, even without your PayPal account, you can still use the codes you received by email when you purchased the gift certificates/cards to make purchases. In certain cases, you may not close your PayPal account, including: • To evade an investigation. • If you have a pending transaction or an open dispute or claim. • If your PayPal account has a negative balance. • If your PayPal account is subject to a hold, limitation or reserve. You can link or unlink certain payment methods such as a credit card, debit card, a U.S. bank account or PayPal Credit to your PayPal account. You can also link a Balance Cash Account to your personal PayPal account as a payment method and unlink the Balance Cash Account by withdrawing all funds and closing it. Please keep your payment method information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may remove your payment method from your PayPal account. If we update your payment method, we will keep any preference setting attached to such payment method. You may choose to confirm your card, so that we can verify that the card is valid and that you are the card owner. To do this, we will charge $1.95 to the card. After the card is confirmed, we will immediately refund this amount to the card.

Closing Your PayPal Account. You may close your PayPal account and terminate your relationship with us at any time without cost, but you will remain liable for all obligations related to your PayPal account even after the PayPal account is closed. When you close your PayPal account, we will cancel any scheduled or incomplete transactions. If you have a Balance Business Account linked to a personal PayPal account, you must withdraw or transfer any funds held in e-money balance from your Balance Account PayPal account before closing your personal PayPal account, and closing a personal PayPal account will result in PayPal automatically closing any linked Balance Accountit. If you have a business PayPal accountPersonal or Premier Account and there are any funds payable to you, you must withdraw link a bank or transfer any balance from payment account that you own to your business PayPal account before prior to closing it, and if you have not provided the required identifying information it so we can transfer funds to us, or if we are unable to verify the required identifying information you provide, you must transfer any balance in your business PayPal account to a linked bank account or debit cardpayment account. You cannot withdraw If you don’t indicate a bank or transfer digital gift certificates/cards that are purchased through PayPal Digital Gifts and linked to your personal or business PayPal account as payment methods. However, even without your PayPal account, you can still use the codes you received by email when you purchased the gift certificates/cards funds will be subject to make purchasesapplicable laws regime regarding unclaimed funds. In certain cases, you may not close your PayPal account, including: • To evade an investigation. • If you have a pending transaction or an open dispute or claim. • If your you owe PayPal account has a negative balanceany funds. • If your PayPal account is subject to a hold, limitation or reserve. You can PayPal may also close your account, at any time, due to breach of this agreement, disagreement, lack of commercial interest, in order to comply with applicable law and/or regulation, or if your account has been inactive for at least 30 days. In such cases, we will provide you with a written notice, by email, at least 30 days in advance. If you have a Balance Business Account, we will make any unrestricted funds held in your account available for withdrawal. If you have a Personal or Premier Account, you must link a bank or unlink certain payment methods such as a credit card, debit card, a U.S. bank account or PayPal Credit that you own to your PayPal account. You can also link a Balance Account account prior to your personal PayPal account as a payment method and unlink the Balance Account by withdrawing all funds and closing it. Please keep your payment method information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may remove your payment method from your PayPal account. If we update your payment method, we will keep any preference setting attached to such payment method. You may choose to confirm your card, so that we can verify that transfer any funds owed to you to your linked bank or payment account. If you don’t indicate a bank or payment account, funds will be subject to applicable laws regarding unclaimed funds. You are responsible for all reversals, chargebacks, claims, fees, fines, penalties and other liability incurred by PayPal, any PayPal user, or a third party caused by or arising out of your breach of this agreement, and/or your use of the card PayPal services. Once your PayPal account is valid and that you are the card owner. To do thisclosed, we will charge $1.95 inform you by email the date of effective closure. If you don’t withdraw or transfer any unrestricted funds held in your PayPal Balance Business Account, these funds will be subject to applicable laws regarding unclaimed funds. You: (i) will be able to close your account through the card. After the card is confirmed, we will immediately refund this amount same channels used to the cardopen it (if still available); and (ii) won’t be able to close your account via phone call.