Common use of Automatic Payments Clause in Contracts

Automatic Payments. You can agree with a seller who accepts PayPal to use PayPal as the payment method for future purchases with that seller. This agreement is between you and the seller and allows you to pay the seller on a one-time, regular or sporadic basis. Examples of automatic payments that can be arranged by you either with a seller or with PayPal include those that PayPal calls a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "preauthorized transfer" or "preapproved payment." You may cancel an automatic payment up to 3 Business Days before the date of the next scheduled payment from your account settings or by contacting us through the PayPal Help Center. You may also stop a preapproved payment by calling PayPal at ▇▇▇▇ ▇▇▇ 4482. Once an automatic payment is canceled, all future automatic payments under your agreement with that seller will be stopped. If you cancel an automatic payment, you may still owe the seller money for the purchase or have additional obligations to the seller for any goods or services that you receive but have not paid for. If you have authorized an automatic payment that involved a currency conversion for an automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal’s Currency Conversion Fee) in effect at the time the automatic payment transaction is processed. When you buy something from a seller online using PayPal and the transaction is ultimately refunded, the money will typically be refunded to the original payment method you used for the transaction if you used a credit card, debit card or, in case you have a Balance Business Account, to your balance. Please find below the refund deadlines applicable to each payment instrument: • In case of payments with credit or debit cards, the amount is usually credited within: (i) 2 billing cycles in case of credit cards; or (ii) 5 business days in case of debit cards. Check with the issuer of your card for the applicable refund period. If you do not identify the refund after the applicable deadline, you can contact our Customer Service. In this case, make sure you have all credit card statements (or account statements in case of debit cards) from the transaction date until the contact date. • In case of payments with balance (if you have a Business Balance Account), the refund will occur within 24 hours. If a currency conversion was performed for your transaction and a refund is issued: • Within 1 day of the date of the original payment, the transaction exchange rate used at the time of the original payment will apply. • Beyond 1 day of the date of the original payment, the transaction exchange rate (including a currency conversion fee) on the date of the refund will apply. Money will be refunded in the currency you paid if refunded to an international credit card, or in Brazilian Reais if refunded to the bank or payment account linked to your PayPal account or, if you have a Balance Business Account, to your PayPal balance.

Automatic Payments. You can agree with a seller who accepts PayPal may use Online Payments to use PayPal authorize electronic payments to be made on regularly recurring future dates on an automatic basis ("Automatic Payments"). These payments will appear on your credit card statement as "RECURRING AUTOMATIC PAYMENT". We may impose restrictions on Automatic Payments, including but not limited to, limitation of: Timing of Debits from Payment Account. Funds may be withdrawn from your Payment Account as soon as the scheduled payment method date(s) specified in your instructions. For One Time Payments, that is the date submitted. For Preauthorized Payments, that is the date specified. For Automatic Payments, that is as soon as the date specified in your payment authorization or the minimum payment due date specified on your periodic statement. Your Payment Account may not be debited for future purchases with that seller. This agreement is between you and the seller and allows you to pay the seller on a one-time, regular or sporadic basis. Examples of automatic payments that can be arranged by you either with a seller or with PayPal include those that PayPal calls a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "preauthorized transfer" or "preapproved payment." You may cancel an automatic payment up to 3 Business Days business days after the scheduled payment date(s) depending on your Payment Account provider's processing times. NOTE: For Automatic Payments, your periodic statement serves as your notice of the amount to be debited, which will be your Minimum Payment Due or New Balance as shown on your statement. Canceling One Time, Preauthorized and Automatic Payments. One Time, Preauthorized and Automatic Payment instructions remain in effect unless you cancel the authorization. If you wish to cancel a One Time Payment, you may be cancel it up until 5:00 pm Eastern Time on the day on which it is scheduled for payment by accessing the Online Payments Service or calling the phone number on the back of your credit card. If you wish to cancel a Preauthorized or Automatic Payment, you can cancel your transaction by notifying us at least 3 business days before the scheduled date of the next scheduled payment from your account settings or by contacting us through the PayPal Help Centerpayment. You may also stop a preapproved notify the Bank by timely cancelling the payment through the Online Payments service, by calling PayPal at the phone number on the back of your credit card, or by writing to ▇.▇. ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ 4482. Once an automatic payment is canceled, all future automatic payments under your agreement with that seller will be stopped▇▇▇▇▇-▇▇▇▇. If you cancel an automatic payment, you may still owe the seller money for the purchase or have additional obligations to the seller for any goods or services that you receive but have not paid for. If you have authorized an automatic payment that involved a currency conversion for an automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal’s Currency Conversion Fee) in effect at the time the automatic payment transaction is processed. When you buy something from a seller online using PayPal and the transaction is ultimately refundedcall, the money will typically Bank may also require you to present your request in writing within fourteen (14) days after you call. ACCOUNT ALERTS AND PROMOTIONAL TEXTS Requirements to Receive Mobile Alerts. The Bank provides a Service through which we send you notifications regarding your Account or the Service, including but not limited to, email, text, or telephone ("Alerts Service"). To utilize this Alerts Service your Account must be refunded to the original payment method in good standing and you used for the transaction if you used a credit card, debit card or, in case you must have a Balance Business Account, to your balance. Please find below the refund deadlines applicable to each payment instrument: • In case of payments mobile or cellular phone number with credit or debit cards, the amount is usually credited within: (i) 2 billing cycles in case of credit cards; or (ii) 5 business days in case of debit cards. Check with the issuer of your card for the applicable refund period. If you do not identify the refund after the applicable deadline, you can contact our Customer Service. In this case, make sure you have all credit card statements (or account statements in case of debit cards) from the transaction date until the contact date. • In case of payments with balance (if you have a Business Balance Account), the refund will occur within 24 hours. If a currency conversion was performed for your transaction supported mobile carrier and a refund is issued: • Within 1 day of the date of the original payment, the transaction exchange rate used at the time of the original payment will apply. • Beyond 1 day of the date of the original payment, the transaction exchange rate (including a currency conversion fee) on the date of the refund will apply. Money will be refunded in the currency you paid if refunded to an international credit card, or in Brazilian Reais if refunded to the bank or payment account linked to your PayPal account or, if you have a Balance Business Account, to your PayPal balancedevice that supports text messaging.

Automatic Payments. You can agree with a seller who accepts PayPal to use PayPal as the payment method for future purchases with that seller. This agreement is between you and the seller and allows you to pay the seller on a one-time, regular or sporadic basis. Examples of automatic payments that can be arranged by you either with a seller or with PayPal include those that PayPal calls a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "preauthorized transfer" or "preapproved payment." You may cancel an automatic payment up to 3 Business Days before the date of the next scheduled payment from your account settings or by contacting us through the PayPal Help CenterCenter . You may also stop a preapproved payment Preapproved Payment by calling PayPal at ▇▇▇▇ ▇▇▇ 0800 047 4482. Once an automatic payment is canceled, all future automatic payments under your agreement with that seller will be stopped. If you cancel an automatic payment, you may still owe the seller money for the purchase or have additional obligations to the seller for any goods or services that you receive but have not paid for. If you have authorized an automatic payment that involved a currency conversion for an automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal’s Currency Conversion Feecurrency conversion fee) in effect at the time the automatic payment transaction is processed. When you buy something from a seller online using PayPal and the transaction is ultimately refunded, the money will typically be refunded to the original payment method you used for the transaction if you used a credit card, debit card or, in case you have a Balance Business Account, to your or PayPal balance. Please find below the refund deadlines applicable to each payment instrument: • In case of payments with credit or debit cards, the amount is usually credited within: (i) 2 billing cycles in case of credit cards; or (ii) 5 business days in case of debit cards. Check with the issuer of your card for the applicable refund period. If you do used a bank account as the payment method for the transaction, we will refund the money to your bank account, or to your PayPal balance if we cannot identify the refund after the applicable deadline, it to your bank account. For purchases you can contact our Customer Service. In this case, make sure in a seller’s store location that you have all credit card statements (or paid for using your PayPal account statements in case of debit cards) from and the transaction date until the contact date. • In case of payments with balance (if you have a Business Balance Account)is ultimately refunded, the refund money will occur within 24 hoursbe refunded to your PayPal balance. If a currency conversion was performed for your transaction and a refund is issued: • Within 1 day of the date of the original payment, the transaction exchange rate used at the time of the original payment will apply. • Beyond 1 day of the date of the original payment, the transaction exchange rate (including a currency conversion fee) on the date of the refund will apply. Money will be refunded in the currency you paid if refunded to an international credit card, or and in Brazilian Reais if refunded to the your bank account or payment account linked to your PayPal account or, if you have a Balance Business Account, to your PayPal balance.

Automatic Payments. You can agree with a seller who accepts PayPal to use PayPal as the payment method for future purchases with that seller. This agreement is between you and the seller and allows you to pay the seller on a one-time, regular recurring or sporadic basis. Examples of automatic payments that can be arranged by you either with a seller or with PayPal include those that PayPal calls a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "preauthorized transfer" or "preapproved payment." You If you have a personal account, you may cancel an a recurring automatic payment up to 3 Business Days or more before the date of the next scheduled payment from your account settings or by contacting us through the PayPal Help Center. You may also stop a preapproved payment , or by calling PayPal at (▇▇▇▇ ) ▇▇▇ 4482▇-▇▇▇▇. If you order us to stop one of these payments 3 Business Days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Once an your automatic payment is canceled, all future automatic payments under your agreement with that seller will be stopped. If you cancel an automatic payment, you may still owe the seller money for the purchase or have additional obligations to the seller for any goods or services that you receive but have not paid for. If you have given advance authorization, either to a seller or to PayPal, that permits a seller to take or receive payments from your PayPal account on a regularly recurring basis (for example, every month or otherwise on a routine billing cycle), and if such payments will vary in amount, you have the right to advance notice of the amount and date of the transfer from the seller at least 10 days before the transfer is made. If the seller provides the option, you may choose to receive this advance notice only when the amount of your automatic payment will fall outside a range established between you and the seller. If you have authorized an automatic payment that involved a and PayPal performs currency conversion for an automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal’s Currency Conversion Feecurrency conversion spread) in effect at the time the automatic payment transaction is processed. When you buy something from a seller online using PayPal and the transaction is ultimately refunded, the money will typically be refunded to the original payment method you used for the transaction if you used a credit card, debit card or, in case you have a Balance Business Account, to your balance. Please find below the refund deadlines applicable to each payment instrument: • In case of payments with credit or debit cards, the amount is usually credited within: (i) 2 billing cycles in case of credit cards; or (ii) 5 business days in case of debit cards. Check with the issuer of your card for the applicable refund period. If you do not identify the refund after the applicable deadline, you can contact our Customer Service. In this case, make sure you have all credit card statements (or account statements in case of debit cards) from the transaction date until the contact date. • In case of payments with balance (if you have a Business Balance Account), the refund will occur within 24 hours. If a currency conversion was performed for your transaction and a refund is issued: • Within 1 day of the date of the original payment, the transaction exchange rate used at the time of the original payment will apply. • Beyond 1 day of the date of the original payment, the transaction exchange rate (including a currency conversion fee) on the date of the refund will apply. Money will be refunded in the currency you paid if refunded to an international credit card, or in Brazilian Reais if refunded to the bank or payment account linked to your PayPal account or, if you have a Balance Business Account, to your PayPal balance.

Automatic Payments. You can agree with a seller who accepts PayPal to use PayPal as the payment method for future purchases with that seller. This agreement is between you and the seller and allows you to pay the seller on a one-time, regular or sporadic basis. Examples of automatic payments that can be arranged by you either with a seller or with PayPal include those that PayPal calls a “billing agreement,” "subscription," "recurring payment,” “reference transaction,” "preauthorized transfer" or "preapproved payment." You may cancel an automatic payment up to 3 Business Days before the date of the next scheduled payment from your account settings or by contacting us through the PayPal Help CenterCenter . You may also stop a preapproved payment Preapproved Payment by calling PayPal at ▇▇▇▇ ▇▇▇ 4482▇▇▇▇. Once an automatic payment is canceled, all future automatic payments under your agreement with that seller will be stopped. If you cancel an automatic payment, you may still owe the seller money for the purchase or have additional obligations to the seller for any goods or services that you receive but have not paid for. If you have authorized an automatic payment that involved a currency conversion for an automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal’s Currency Conversion Feecurrency conversion fee) in effect at the time the automatic payment transaction is processed. processed.‌ When you buy something from a seller online using PayPal and the transaction is ultimately refunded, the money will typically be refunded to the original payment method you used for the transaction if you used a credit card, debit card or, in case you have a Balance Business Account, to your or PayPal balance. Please find below the refund deadlines applicable to each payment instrument: • In case of payments with credit or debit cards, the amount is usually credited within: (i) 2 billing cycles in case of credit cards; or (ii) 5 business days in case of debit cards. Check with the issuer of your card for the applicable refund period. If you do used a bank account as the payment method for the transaction, we will refund the money to your bank account, or to your PayPal balance if we cannot identify the refund after the applicable deadline, it to your bank account. For purchases you can contact our Customer Service. In this case, make sure in a seller’s store location that you have all credit card statements (or paid for using your PayPal account statements in case of debit cards) from and the transaction date until the contact date. • In case of payments with balance (if you have a Business Balance Account)is ultimately refunded, the refund money will occur within 24 hoursbe refunded to your PayPal balance. If a currency conversion was performed for your transaction and a refund is issued: • Within 1 day of the date of the original payment, the transaction exchange rate used at the time of the original payment will apply. • Beyond 1 day of the date of the original payment, the transaction exchange rate (including a currency conversion fee) on the date of the refund will apply. Money will be refunded in the currency you paid if refunded to an international credit card, or and in Brazilian Reais if refunded to the your bank account or payment account linked to your PayPal account or, if you have a Balance Business Account, to your PayPal balance.

Automatic Payments. You can agree with a seller Some sellers who accepts accept PayPal allow you to use store PayPal as the payment method for future purchases with that seller. This When you store PayPal as a payment method with a specific seller, you agree with the seller that they can use PayPal to request payment for future transactions between you and the seller. The agreement is between you and the seller and allows may allow you to pay authorize and schedule a payment to the seller in advance on a one-time, regular sporadic, or sporadic recurring basis. Examples of automatic payments that can be arranged by you either with a seller or with PayPal include those that PayPal calls a “billing agreement,” "“subscription," "” “recurring payment,” “reference transaction,” "“preauthorized transfer" ”; or "“preapproved payment." You ” If you have a personal account, you may cancel an a recurring automatic payment up to 3 Business Days or more before the date of the next scheduled payment from your account settings or by contacting us through the PayPal Help Center. You may also stop a preapproved payment , or by calling PayPal at (▇▇▇▇ ) ▇▇▇ 4482▇-▇▇▇▇. If you order us to stop one of these payments 3 Business Days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Once an your automatic payment authorization is canceled, all future automatic payments under your agreement with that seller will be stopped. If you cancel an automatic paymentpayment authorization, you may still owe the seller money for the purchase purchases that have been authorized but not completed, or you may still have additional obligations to the seller for any goods or services that you receive but have not paid for. If you have given advance payment authorization to a seller that permits a seller to take or receive payments from your PayPal account on a regularly recurring basis (for example, every month or otherwise on a routine billing cycle), and if such payments will vary in amount, you have the right to advance notice of the amount and date of the transfer from the seller at least 10 days before the transfer is made. If the seller provides the option, you may choose to receive this advance notice only when the amount of your automatic payment will fall outside a range established between you and the seller. If you have authorized an automatic payment that involved a and PayPal performs currency conversion for an automatic payment transaction, PayPal will use the transaction exchange rate (including PayPal’s Currency Conversion Feecurrency conversion spread) in effect at the time the automatic payment transaction is processed. When you buy something from a seller online using PayPal and the transaction is ultimately refunded, the money will typically be refunded to the original payment method you used for the transaction if you used a credit card, debit card or, in case you have a Balance Business Account, to your balance. Please find below the refund deadlines applicable to each payment instrument: • In case of payments with credit or debit cards, the amount is usually credited within: (i) 2 billing cycles in case of credit cards; or (ii) 5 business days in case of debit cards. Check with the issuer of your card for the applicable refund period. If you do not identify the refund after the applicable deadline, you can contact our Customer Service. In this case, make sure you have all credit card statements (or account statements in case of debit cards) from the transaction date until the contact date. • In case of payments with balance (if you have a Business Balance Account), the refund will occur within 24 hours. If a currency conversion was performed for your transaction and a refund is issued: • Within 1 day of the date of the original payment, the transaction exchange rate used at the time of the original payment will apply. • Beyond 1 day of the date of the original payment, the transaction exchange rate (including a currency conversion fee) on the date of the refund will apply. Money will be refunded in the currency you paid if refunded to an international credit card, or in Brazilian Reais if refunded to the bank or payment account linked to your PayPal account or, if you have a Balance Business Account, to your PayPal balance.