Payment Review. Payment Review is a process by which PayPal reviews certain potentially high-risk payment transactions. This may be because PayPal has the reasonable suspicion that a buyer’s Payment Instrument and/or Account are being used in relation to Restricted Activities (as set out in section 9) or for other reasons as determined by us in our reasonable discretion. If a payment is subject to Payment Review, PayPal will: a. execute the Payment Order initiated by the buyer; b. in PayPal’s discretion, immediately upon such execution restrict the buyer’s Payment Instrument; c. place a hold on the payment, meaning the funds are held in the seller’s Reserve Account; d. provide notice to the seller to delay the shipping of the item purchased by the buyer; and e. conduct its review of the payment. PayPal is not in possession of all the information necessary to place the funds at the seller’s disposal in the seller’s Payment Account until the Payment Review is complete and PayPal has found the payment to be in order. Where a Payment Review finds problem with the payment, the payment will be reversed and the funds returned to the buyer from the seller’s Reserve Account. All payments that complete Payment Review are still subject to being reversed under the terms of this Agreement but will be Seller Protection Eligible if they meet the Seller Protection Policy requirements. PayPal will provide notices to you by email and/or in the Transaction History tab of your PayPal account. A payment subject to Payment Review is a review of the payment only and is implemented to reduce the risk of PayPal users receiving high risk transactions. A payment subject to Payment Review is neither a review nor a representation by PayPal as to the commercial dealings, character or reputation of a party to the payment transaction and should not be considered as a lessening of the respect of any person.
Appears in 4 contracts
Samples: User Agreement, User Agreement, User Agreement
Payment Review. Payment Review is a process by which PayPal reviews certain potentially high-risk payment transactions. This may be because PayPal has the reasonable suspicion that a buyer’s Payment Instrument and/or Account are being used in relation to Restricted Activities (as set out in section 9) or for other reasons as determined by us in our reasonable discretion. If a payment is subject to Payment Review, PayPal will:
a. execute the Payment Order initiated by the buyer;
b. in PayPal’s discretion, immediately upon such execution restrict the buyer’s Payment Instrument;
c. place a hold on the payment, meaning the funds are held in the seller’s Reserve Account;
d. provide notice to the seller to delay the shipping of the item purchased by the buyer; and
e. conduct its review of the payment. PayPal is not in possession of all the information necessary to place the funds at the seller’s disposal in the seller’s Payment Account until the Payment Review is complete and PayPal has found the payment to be in order. Where a Payment Review finds problem with the payment, the payment will be reversed and the funds returned to the buyer from the seller’s Reserve Account. All payments that complete Payment Review are still subject to being reversed under the terms of this Agreement but will be Seller Protection Eligible if they meet the Seller Protection Policy requirements. PayPal will provide notices to you by email and/or in the Transaction History tab of your PayPal account. A payment subject to Payment Review is a review of the payment only and is implemented to reduce the risk of PayPal users receiving high risk transactions. A payment subject to Payment Review is neither a review nor a representation by PayPal as to the commercial dealings, dealings or character or reputation of a party to the payment transaction and should not be considered as a lessening of the respect of any person.
Appears in 4 contracts
Samples: User Agreement, User Agreement, User Agreement
Payment Review. Payment Review is a process by which bywhich PayPal reviews certain potentially highpotentiallyhigh-risk payment transactions. This may be maybe because PayPal has the reasonable suspicion that a buyer’s Payment Instrument and/or Account are being used in relation to Restricted Activities (as set out in section 9) or for other reasons as determined by us xxxx in our reasonable discretion. If a payment is subject to Payment Review, PayPal will:
a. execute the Payment Order initiated by the bythe buyer;
b. in PayPal’s discretion, immediately upon immediatelyupon such execution restrict the buyer’s Payment Instrument;
c. place a hold on the payment, meaning the funds are held in the seller’s Reserve Account;
d. provide notice to the seller to delay the delaythe shipping of the item purchased by the bythe buyer; and
e. conduct its review of the payment. PayPal is not in possession of all the information necessary to necessaryto place the funds at the seller’s disposal in the seller’s Payment Account until the Payment Review is complete and PayPal has found the payment to be in order. Where a Payment Review finds problem with the payment, the payment will be reversed and the funds returned to the buyer from the seller’s Reserve Account. All payments that complete Payment Review are still subject to being reversed under the terms of this Agreement but will be Seller Protection Eligible if they meet theymeet the Seller Protection Policy requirementsPolicyrequirements. PayPal will provide notices to you by email byemail and/or in the Transaction History tab Historytab of your PayPal account. A payment Apayment subject to Payment Review is a review of the payment only and onlyand is implemented to reduce the risk of PayPal users receiving high risk transactions. A payment Apayment subject to Payment Review is neither a review nor a representation by PayPal as to the commercial dealings, dealings or character or reputation of a party to partyto the payment transaction and should not be considered as a lessening of the respect of any personanyperson.
Appears in 2 contracts
Samples: User Agreement, User Agreement
Payment Review. Payment Review is a process by which PayPal reviews certain potentially high-high- risk payment transactions. This may be because PayPal has the reasonable suspicion that a buyer’s Payment Instrument and/or Account are being used in relation to Restricted Activities (as set out in section 9) or for other reasons as determined by us in our reasonable discretion. If a payment is subject to Payment Review, PayPal will:
a. execute the Payment Order initiated by the buyer;
b. in PayPal’s discretion, immediately upon such execution restrict the buyer’s Payment Instrument;
c. place a hold on the payment, meaning the funds are held in the seller’s Reserve Account;
d. provide notice to the seller to delay the shipping of the item purchased by the buyer; and
e. conduct its review of the payment. PayPal is not in possession of all the information necessary to place the funds at the seller’s disposal in the seller’s Payment Account until the Payment Review is complete and PayPal has found the payment to be in order. Where a Payment Review finds problem with the payment, the payment will be reversed and the funds returned to the buyer from the seller’s Reserve Account. All payments that complete Payment Review are still subject to being reversed under the terms of this Agreement but will be Seller Protection Eligible if they meet the Seller Protection Policy requirements. PayPal will provide notices to you by email and/or in the Transaction History tab of your PayPal account. A payment subject to Payment Review is a review of the payment only and is implemented to reduce the risk of PayPal users receiving high risk transactions. A payment subject to Payment Review is neither a review nor a representation by PayPal as to the commercial dealings, character or reputation of a party to the payment transaction and should not be considered as a lessening of the respect of any person.
Appears in 1 contract
Samples: User Agreement
Payment Review. Payment Review is a process by which PayPal reviews certain potentially high-risk payment transactions. This may be because PayPal has the reasonable suspicion that a buyer’s Payment Instrument and/or Account are being used in relation to Restricted Activities (as set out in section 9) or for other reasons as determined by us in our reasonable discretion. If a payment is subject to Payment Review, PayPal will:
a. execute the Payment Order initiated by the buyer;
b. in PayPal’s discretion, immediately upon such execution restrict the buyer’s Payment Instrument;
c. place a hold on the payment, meaning the funds are held in the seller’s Reserve Account;
d. provide notice to the seller to delay the shipping of the item purchased by the buyer; and
e. conduct its review of the payment. PayPal is not in possession of all the information necessary to place the funds at the seller’s disposal in the seller’s Payment Account until the Payment Review is complete and PayPal has found the payment to be in order. Where a Payment Review finds problem with the payment, the payment will be reversed and the funds returned to the buyer from the seller’s Reserve Account. All payments that complete Payment Review are still subject to being reversed under the terms of this Agreement but will be Seller Protection Eligible if they meet the Seller Protection Policy requirements. PayPal will provide notices to you by email and/or in the Transaction History tab of your PayPal account. A payment subject to Payment Review is a review of the payment only and is implemented to reduce the risk of PayPal users receiving high risk transactions. A payment subject to Payment Review is neither not a review nor a representation by PayPal as to the commercial dealings, character or reputation of a party to the payment transaction and should not be considered as a lessening of the respect of any person.
Appears in 1 contract
Samples: User Agreement