Common use of Linking and Unlinking a Funding Source Clause in Contracts

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: •  to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and •  to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority:  you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions.  PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission.  you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 forbids 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us Holding and using a PayPal balance Consumer advisory - The PayPal payment service is regarded as a stored value facility under Singapore law. PayPal Pte. Ltd., the Holder of the PayPal stored value facility, does not require the approval of the Monetary Authority of Singapore. Consumers (users) are advised to make a payment from read these terms and conditions carefully. 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 another this user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesagreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. PayPal may choose to offer some customers access to its Pay in 4X facility, which allows a customer to pay for eligible purchases made using PayPal in four instalments within three months. If you are offered and choose to use this service, the Pay in 4X’ Terms and conditions will apply. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “"electronic money”", which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “"eCheque” " payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. PayPal may choose to offer some customers access to its Pay in 4X facility, which allows a customer to pay for eligible purchases made using PayPal in four instalments within three months. If you are offered and choose to use this service, the Pay in 4X’ Terms and conditions will apply. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Xxxxxxx, Xxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with registered address in Denmark, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Germany, whenever you register a bank account with PayPal or user a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting is electronic money and European law forbids paying interest on electronic 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 cannot protect you. We may store and move the money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesin and between: • The PayPal balance and • The reserve account at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Belgium, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the UK and the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the “Link and Confirm Card Card” process (for cards) or the “Bank Confirmation Confirmation” process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK. • to To top up your account when you use the “Add Funds Funds” functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. In this section, we use the term “PayPal” to refer to us (PayPal (Europe) S.à x.x. et Cie, S.C.A.) and our affiliates authorised to act on our behalf. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Austria, whenever you register a bank account with PayPal or use a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting 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 this way, we call this type of payment from your bank account an “eCheque” paymentthe EEA cannot protect you. See Funding payments you send from We may store and move the money in your account below for how we use eChequesin and between: • The PayPal balance and • The reserve account, at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: •  to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and •  to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority:  you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions.  PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission.  you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Finland, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Xxxxxxx, Xxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Austria, whenever you register a bank account with PayPal or user a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting is electronic money and European law forbids paying interest on electronic 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 cannot protect you. We may store and move the money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesin and between: • The PayPal balance and • The reserve account, at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement User Agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; user and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us Holding and using a PayPal balance Consumer advisory - The PayPal payment service is regarded as a stored value facility under Singapore law. PayPal Pte. Ltd., the Holder of the PayPal stored value facility, does not require the approval of the Monetary Authority of Singapore. Consumers (users) are advised to make a payment from read these terms and conditions carefully. 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 another this user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesagreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover cover: o the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and o any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Estonia, Greece, Ireland, Latvia, Lithuania, Malta, Slovakia and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Estonia, Greece, Latvia, Lithuania, Malta, Slovakia and Slovenia, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Xxxxxxx, Xxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Germany, whenever you register a bank account with PayPal or use a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting 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 this way, we call this type of payment from your bank account an “eCheque” paymentthe EEA cannot protect you. See Funding payments you send from We may store and move the money in your account below for how we use eChequesin and between: • The PayPal balance and • The reserve account at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Ireland, whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Austria, whenever you register a bank account with PayPal or user a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting is electronic money and European law forbids paying interest on electronic 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 cannot protect you. We may store and move the money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesin and between: • The PayPal balance and • The reserve account, at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement User Agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement User Agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: •  to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; user and •  to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority:  you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions.  PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission.  you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Germany, whenever you register a bank account with PayPal or user a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting is electronic money and European law forbids paying interest on electronic 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 cannot protect you. We may store and move the money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesin and between: • The PayPal balance and • The reserve account at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the UK and the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the “Link and Confirm Card Card” process (for cards) or the “Bank Confirmation Confirmation” process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK. • to To top up your account when you use the “Add Funds Funds” functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to timet ime. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Ireland, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk SEPA is an initiative of reversals to your funding source the European Commission and when eCheques may arise When we receive European banking sector, aimed at making transactions more efficient within the European Union. If you are a payment from your funding source we may store the resulting electronic money user with a registered address in your reserve Cyprus, Xxxxxxx, Xxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as long as we have reason to believe that there is risk of reversal by a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the funding source provider. This is because we do not have all continuous authority: • You can access the information necessary to place mandate and the funds from your payment at your disposal mandate reference number (MRN) in your PayPal balance while account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there is such will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment refund from your bank account at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesconditions.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement User Agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; user and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. PayPal may choose to offer some customers access to its Pay in 3 installments facility, which allows a customer to pay for eligible purchases made using PayPal in three instalments within two months. If you are offered and choose to use this service, the Pay in 3 installments’ Terms and conditions will apply. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with registered address in Spain, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: •  to cover cover: o the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and •  to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us Holding and using a PayPal balance Consumer advisory - The PayPal payment service is regarded as a stored value facility under Singapore law. PayPal Pte. Ltd., the Holder of the PayPal stored value facility, does not require the approval of the Monetary Authority of Singapore. Consumers (users) are advised to make a payment from read these terms and conditions carefully. 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 another this user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesagreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Hungary, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover cover: o the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and o any amounts you owe us arising from your activity as a recipient of payments using our services; and • to top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Austria, whenever you register a bank account with PayPal or user a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting is electronic money and European law forbids paying interest on electronic 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 cannot protect you. We may store and move the money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesin and between: • the PayPal balance; and • the reserve account, at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the UK and the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the “Link and Confirm Card Card” process (for cards) or the “Bank Confirmation Confirmation” process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK. • to To top up your account when you use the “Add Funds Funds” functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal accountaccount by clicking here. Until the funding source has been unlinked, the permission will continue to apply. In this section, we use the term “PayPal” to refer to us (PayPal (Europe) S.à x.x. et Cie, S.C.A.) and our affiliates authorised to act on our behalf. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the UK and the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the “Link and Confirm Card Card” process (for cards) or the “Bank Confirmation Confirmation” process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK. • to To top up your account when you use the “Add Funds Funds” functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. In this section, we use the term “PayPal” to refer to us (PayPal (Europe) S.à x.x. et Cie, S.C.A.) and our affiliates authorised to act on our behalf. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover cover: o the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and o any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Xxxxxxx, Xxxxxx, Xxxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: •  to cover cover: o the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • o any amounts you owe us arising from your activity as a recipient of payments using our services; and  to top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Germany, whenever you register a bank account with PayPal or user a new bank account for the first time as a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority:  you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions.  PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission.  you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make Holding and using a payment from 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 to another user funded by a payment from your bank account and we store the resulting is electronic money and European law forbids paying interest on electronic 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 cannot protect you. We may store and move the money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesin and between:  the PayPal balance; and  the reserve account, at any given time subject further to this user agreement.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: •  to cover cover: o the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • o any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK; and  to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Xxxxxxx, Xxxxxx, Xxxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority:  you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions.  PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission.  you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover To cover: • the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to Any amounts you owe us arising from your activity as a recipient of payments using our services. • To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk SEPA is an initiative of reversals to your funding source the European Commission and when eCheques may arise When we receive European banking sector, aimed at making transactions more efficient within the European Union. If you are a payment from your funding source we may store the resulting electronic money user with a registered address in your reserve Austria, whenever you register a bank account with PayPal or user a new bank account for the first time as long as we have reason to believe that there is risk of reversal by a funding source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the funding source provider. This is because we do not have all continuous authority: • You can access the information necessary to place mandate and the funds from your payment at your disposal mandate reference number (MRN) in your PayPal balance while account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there is such will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment refund from your bank account at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesconditions.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement User Agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. PayPal may choose to offer some customers access to its Pay in 3 installments facility, which allows a customer to pay for eligible purchases made using PayPal in three instalments within two months. If you are offered and choose to use this service, the Pay in 3 Terms and conditions will apply. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; user and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: • The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to Any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK. • To top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk SEPA is an initiative of reversals to your funding source the European Commission and when eCheques may arise When we receive European banking sector, aimed at making transactions more efficient within the European Union. If you are a payment from your funding source we may store the resulting electronic money user with a registered address in your reserve Cyprus, Xxxxxxx, Xxxxxx, Xxxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as long as we have reason to believe that there is risk of reversal by a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the funding source provider. This is because we do not have all continuous authority: • You can access the information necessary to place mandate and the funds from your payment at your disposal mandate reference number (MRN) in your PayPal balance while account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there is such will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment refund from your bank account at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesconditions.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with a registered address in Cyprus, Xxxxxxx, Xxxxxx, Xxxxxx, Xxxxxxxxx, Xxxxx, Xxxxxxxx and Slovenia, whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the UK and the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the “Link and Confirm Card Card” process (for cards) or the “Bank Confirmation Confirmation” process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK. • to To top up your account when you use the “Add Funds Funds” functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. In this section, we use the term “PayPal” to refer to us (PayPal (Europe) S.àr.l. et Cie, S.C.A.) and our affiliates authorised to act on our behalf. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: •  to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and •  to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. If you are a user with registered address in Spain, whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. PayPal may choose to offer some customers access to its Pay in 4X facility, which allows a customer to pay for eligible purchases made using PayPal in four instalments within three months. If you are offered and choose to use this service, the Pay in 4X’ Terms and conditions will apply. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the “Link and Confirm Card Card” process (for cards) or the “Bank Confirmation Confirmation” process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: • The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to Any amounts you owe us arising from your activity as a recipient of payments using our services, if you are registered with PayPal as resident in the UK. • To top up your account when you use the “Add Funds Funds” functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal accountaccount by clicking here. Until the funding source has been unlinked, the permission will continue to apply. In this section, we use the term “PayPal” to refer to us (PayPal UK Ltd) and our affiliates authorised to act on our behalf. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement User Agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement User Agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; user and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or use a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques. 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 European law forbids paying interest on electronic 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 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.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: o The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . o Any amounts you owe us arising from your activity as a recipient of payments using our services. • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve 've already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk SEPA is an initiative of reversals to your funding source the European Commission and when eCheques may arise When we receive European banking sector, aimed at making transactions more efficient within the European Union. If you are a payment from your funding source we may store the resulting electronic money user with a registered address in your reserve Hungary, whenever you register a bank account with PayPal or use a new bank account for the first time as long as we have reason to believe that there is risk of reversal by a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the funding source provider. This is because we do not have all continuous authority: • You can access the information necessary to place mandate and the funds from your payment at your disposal mandate reference number (MRN) in your PayPal balance while account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there is such will be no (additional) information given on the amount and the time frame ahead of the resubmission. • You can claim a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment refund from your bank account at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank's terms and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eChequesconditions.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Setting the currency on your card PayPal will apply a currency to your card, according to the information which PayPal has available. We may also enable you to select the currency that PayPal will apply to your card, which may be different to the currency that was set for your card by PayPal. Where you select the currency of your card, PayPal will act on the information which you provide. You therefore consent and authorize any currency conversion and agree to any applicable fees, either through PayPal or by your card issuer, that will derive from the currency PayPal applied to your card. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. SEPA is an initiative of the European Commission and European banking sector, aimed at making transactions more efficient within the European Union. Whenever you register a bank account with PayPal or user a new bank account for the first time as a Funding Source, you grant PayPal a SEPA Direct Debit mandate. If you use a SEPA Direct Debit mandate for the continuous authority: • you can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions. • PayPal will inform you of the amount of the SEPA Direct Debit payment and the time frame in which PayPal will collect the amount from the bank account together with the purchase confirmation. If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission. • you can claim a refund from your bank at any time up to 8 weeks after the date on which the SEPA Direct Debit payment took place in accordance with your bank’s terms and conditions. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the To cover: • The payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

Linking and Unlinking a Funding Source. All money in your account is legally termed “electronic money”, which is recognised recognized throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. PayPal may choose to offer some customers access to its Pay in 4X facility, which allows a customer to pay for eligible purchases made using PayPal in four instalments within three months. If you are offered and choose to use this service, the Pay in 4X’ Terms and conditions will apply. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the "Link and Confirm Card Card" process (for cards) or the "Bank Confirmation Confirmation" process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to To cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and . • to To top up your account when you use the "Add Funds Funds" functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.