Protection for Unauthorized Transactions and Errors Sample Clauses
The 'Protection for Unauthorized Transactions and Errors' clause defines the measures and procedures that safeguard users against losses resulting from unauthorized transactions or mistakes in their accounts. Typically, this clause outlines the steps users must take to report suspicious activity or errors, such as notifying the service provider within a specified timeframe, and describes the investigation and resolution process. Its core function is to allocate responsibility and provide recourse for users, ensuring they are not unfairly held liable for fraudulent or erroneous transactions, thereby promoting trust and security in the use of the service.
Protection for Unauthorized Transactions and Errors. When an Unauthorized Transaction or an Error occurs in your Account, PayPal will cover you for the full amount of every eligible Unauthorized Transaction or Error so long as you follow the procedures discussed below.
Protection for Unauthorized Transactions and Errors. When a fraudulent Unauthorized Transaction or an Error occurs through your Account, the values of the amount transacted shall be deducted from your collection.
Protection for Unauthorized Transactions and Errors. When an Unauthorized Transaction or an Error occurs by an unauthorized usage of credit card information, PayPal will cover you for the full amount of every eligible Unauthorized Transaction or Error so long as you follow the procedures discussed below. An Unauthorized Transaction occurs, for example, if someone steals your password, uses the password to access your Account, and sends a payment using your user information. If you give someone access to your Account (by giving your login information) and they conduct transactions without your knowledge or permission, you are responsible for any resulting use.