Common use of Commercial Entity Status Clause in Contracts

Commercial Entity Status. If the activity through your business account reaches certain thresholds or involves certain business segments or activities, you are required by the card networks to agree to a Commercial Entity Agreement to allow you to continue accepting Visa and MasterCard payments. In this case, these Commercial Entity Agreements will apply to any payment processed by PayPal on your behalf and will form part of this user agreement.

Appears in 5 contracts

Samples: Paypal User Agreement, Paypal User Agreement, www.paypalobjects.com

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Commercial Entity Status. If the activity through your business account reaches certain thresholds or involves certain business segments or activities, you are required by the card networks to agree to a Commercial Entity Agreement to allow you to continue accepting Visa and MasterCard payments. In this case, these Commercial Entity Agreements will apply to any payment processed by PayPal on your behalf and will form part of this user agreement.user

Appears in 1 contract

Samples: Paypal User Agreement

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