Common use of Unauthorized Transactions and Other Errors Clause in Contracts

Unauthorized Transactions and Other Errors. When an Unauthorized Transaction or Error occurs in your account, PayPal will cover you for the full amount of every eligible Unauthorized Transaction or Error, subject to the terms of the User Agreement. For the purpose of Unauthorized Payments, “Essential Component” (misuse of which by an unauthorized person may constitute an Unauthorized Transaction) means: • The PayPal account password or PIN or a combination of the username and password or a phone number and PIN. • Your device on which you have either o enabled One Touch service (which is a service that enables faster login to the PayPal account without the need to re-enter the password for every payment) o enabled login to your PayPal account through a third-party service such as “Sign in with Google”; or o enabled biometric authentication (such as fingerprint); • Note that some of the above login options may not be available to you.

Unauthorized Transactions and Other Errors. When an Unauthorized Transaction or Error occurs in your account, PayPal will cover you for the full amount of every eligible Unauthorized Transaction or Error, subject to the terms of the User Agreement. For the purpose of Unauthorized Payments, “Essential Component” (misuse of which by an unauthorized person may constitute an Unauthorized Transaction) means: • The PayPal account password or PIN or a combination of the username and password or a phone number and PIN. • Your device on which you have either o • enabled One Touch service (which is a service that enables faster login to the PayPal account without the need to re-enter the password for every payment) o • enabled login to your PayPal account through a third-party service such as “Sign in with Google”; or o • enabled biometric authentication (such as fingerprint); • Note that some of the above login options may not be available to you.