Common use of Merchant rate Clause in Contracts

Merchant rate. eligibility To be eligible to apply for (and retain) Merchant rate status the Account must: • at all times be in good standing and not under investigation; and • have received more than the Tier 1 ceiling amount (jn the currency associated with the User’s country of residence as outlined in the tables above) in Commercial Transaction payments in the previous calendar month. PayPal may downgrade an Account to the Standard rate at any time if the above conditions are not met or there are unresolved chargebacks against the Account. See also section 5.4. If PayPal downgrades your Account you will need to apply to PayPal again for your Account to get Merchant rate status. You may apply to receive the Merchant rate for your Account using the dedicated online application form when logged into your PayPal account. If your application is rejected, please note that you may only submit an application once every thirty days. Merchant rates do not apply to Commercial Transaction payments received through the Website Payments Pro suite of payment functionality, Virtual Terminal and PayPal Here. A2.3Receivin g Cross Border payment s (Selling) The Fee for Receiving Domestic Commercial Transaction payments applies plus an additional percentage-based Cross Border Fee as set out in the table below (depending on the sender’s country). Note: Cross Border Euro or Swedish Krona payments made between Accounts registered in the European Union or EEA will be treated as Domestic Commercial Transaction payments for the purpose of applying Fees. A2.3.1

Appears in 2 contracts

Samples: Paypal User Agreement, Paypal User Agreement

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Merchant rate. eligibility To be eligible to apply for (and retain) Merchant rate status the Account must: • at all times be in good standing and not under investigation; and • have received more than the Tier 1 ceiling amount (jn the currency associated with the User’s country of residence as outlined in the tables above) in Commercial Transaction payments in the previous calendar month. PayPal may downgrade an Account to the Standard rate at any time if the above conditions are not met or there are unresolved chargebacks against the Account. See also section 5.4. If PayPal downgrades your Account you will need to apply to PayPal again for your Account to get Merchant rate status. You may apply to receive the Merchant rate for your Account using the dedicated online application form when logged into your PayPal account. If your application is rejected, please note that you may only submit an application once every thirty days. Merchant rates do not apply to Commercial Transaction payments received through the Website Payments Pro suite of payment functionality, Virtual Terminal and PayPal Here. A2.3Receivin A2.3 Receivin g Cross Border payment s (Selling) The Fee for Receiving Domestic Commercial Transaction payments applies plus an additional percentage-based Cross Border Fee as set out in the table below (depending on the sender’s country). Note: Cross Border Euro or Swedish Krona payments made between Accounts registered in the European Union or EEA will be treated as Domestic Commercial Transaction payments for the purpose of applying Fees. A2.3.1

Appears in 1 contract

Samples: Paypal User Agreement

Merchant rate. eligibility To be eligible to apply for (and retain) Merchant rate status the Account must: at all times be in good standing and not under investigation; and have received more than the Tier 1 ceiling amount (jn the currency associated with the User’s country of residence as outlined in the tables above) in Commercial Transaction payments in the previous calendar month. PayPal may downgrade an Account to the Standard rate at any time if the above conditions are not met or there are unresolved chargebacks against the Account. See also section 5.4. If PayPal downgrades your Account you will need to apply to PayPal again for your Account to get Merchant rate status. You may apply to receive the Merchant rate for your Account using the dedicated online application form when logged into your PayPal account. If your application is rejected, please note that you may only submit an application once every thirty days. Merchant rates do not apply to Commercial Transaction payments received through the Website Payments Pro suite of payment functionality, Virtual Terminal and PayPal Here. A2.3Receivin g Cross Border payment s (Selling) The Fee for Receiving Domestic Commercial Transaction payments applies plus an additional percentage-based Cross Border Fee as set out in the table below (depending on the sender’s country). Note: Cross Border Euro or Swedish Krona payments made between Accounts registered in the European Union or EEA will be treated as Domestic Commercial Transaction payments for the purpose of applying Fees. A2.3.1A2.3

Appears in 1 contract

Samples: www.paypalobjects.com

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Merchant rate. eligibility To be eligible to apply for (and retain) Merchant rate status the Account must: at all times be in good standing and not under investigation; and have received more than the Tier 1 ceiling amount (jn the currency associated with the User’s country of residence as outlined in the tables above) in Commercial Transaction payments in the previous calendar month. PayPal may downgrade an Account to the Standard rate at any time if the above conditions are not met or there are unresolved chargebacks against the Account. See also section 5.4. If PayPal downgrades your Account you will need to apply to PayPal again for your Account to get Merchant rate status. You may apply to receive the Merchant rate for your Account using the dedicated online application form when logged into your PayPal account. If your application is rejected, please note that you may only submit an application once every thirty days. Merchant rates do not apply to Commercial Transaction payments received through the Website Payments Pro suite of payment functionality, Virtual Terminal and PayPal Here. A2.3Receivin A2.3 Receivin g Cross Border payment s (Selling) The Fee for Receiving Domestic Commercial Transaction payments applies plus an additional percentage-based Cross Border Fee as set out in the table below (depending on the sender’s country). Note: Cross Border Euro or Swedish Krona payments made between Accounts registered in the European Union or EEA will be treated as Domestic Commercial Transaction payments for the purpose of applying Fees. A2.3.1

Appears in 1 contract

Samples: Paypal User Agreement

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