Common use of Holding and using a PayPal balance Clause in Contracts

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union). Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the PayPal balance; and • the reserve account, at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union). Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the The PayPal balance; balance and • the The reserve account, . at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union). Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the PayPal balance; and • the reserve account, at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid European law forbids paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union)money. Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the PayPal balance; and • the reserve account, at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid European law forbids paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union)money. Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the The PayPal balance; balance and • the The reserve account, account at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union). Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the The PayPal balance; balance and • the The reserve account, . at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid European law forbids paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union)money. Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the The PayPal balance; balance and • the The reserve account, . at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union). Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • x the PayPal balance; and • x the reserve account, at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid European law forbids paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union)money. Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the The PayPal balance; balance and • the The reserve account, at any given time subject further to this user agreement.

Holding and using a PayPal balance. ‌ You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and applicable laws forbid European law forbids paying interest on electronic money (for example, Directive 2009/110/EC article 12 of the European Union)money. Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs or any equivalent scheme in the EEA cannot protect you. We may store and move the money in your account in and between: • the The PayPal balance; balance and • the The reserve account, . at any given time subject further to this user agreement.