Common use of Receiving Payments Clause in Contracts

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: • our Our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and . • our Our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution servicesolution. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when When you use our APM functionality as part of the new checkout solution; and • , the PayPal Online Card Alternative Payment Services Methods Agreement, when . • When you use: o our Custom Our Advanced Credit and Debit Card Fields Payments service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. o Fraud Protection as part of the checkout solution, the following terms, depending on the country in which your account is registered with PayPal: Fees which may be set out in the PayPal Alternative Payment Methods Agreement Agreement, and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise penalize the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo Logo placement, • position Position within any point of sale, • treatment Treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise mischaracterize any PayPal service as a payment method or exhibit a preference for other payment methods over PayPalany PayPal service. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. In-store payments and QR code transactions If you accept PayPal payments at your physical store, you must communicate the total amount of transaction to the customer before it takes place. You may charge your customer's account only for transactions that they have authorized. You must also provide customers with a physical receipt if they request one. You agree that any transaction that you make shall have an accurate and true description of the goods and services being purchased. If you use a QR code to accept payments in your physical store, you must use a QR code intended for goods and services transactions. You must also not use QR codes for in- person transactions as a method of accepting payment for goods and services transactions occurring online. For any buyer claims related to QR code transactions you may be required to provide us with alternative evidence of delivery, or such additional documentation or information relating to the transaction. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise authorize certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s 's own resolution process (“Marketplace Due Amounts”)process, which we call marketplace due amounts. If you give such an authorisation authorization and the marketplace notifies has notified us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts marketplace due amounts relating to that claim from your PayPal account to the that marketplace or to the buyer (as the case may be) according to the marketplace’s 's instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount marketplace due amount as cancelled if we decide that the claim would have been determined in your favour favor had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own 's policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant Warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and . • agree Agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s 's previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our included in the PayPal Commerce Platform The PayPal Commerce Platform includes our new checkout solution. The checkout solution consists of: • our Our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud ToolProtection. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution servicesolution. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when When you use our APM functionality as part of the new checkout solution, the PayPal Alternative Payment Methods Agreement; and • the PayPal Online Card Payment Services Agreement, when When you use: o our Custom Our Advanced Credit and Debit Card Fields Payments service as part of the new checkout solution bundlesolution; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) Protection as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special solution Our Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise penalize the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only shall not surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more detailsservices.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution service and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement (previously the PayPal Hosted Solution and eTerminal Agreement), when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. solution Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only shall not surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more detailsservices.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our included in the PayPal Commerce Platform The PayPal Commerce Platform includes our new checkout solution. The checkout solution consists of: • our Our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and . • our supporting Fraud ToolProtection. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution servicesolution. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when When you use our APM functionality as part of the new checkout solution; and • , the PayPal Online Card Alternative Payment Services Methods Agreement, when . • When you use: o our Custom Our Advanced Credit and Debit Card Fields Payments service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our included in the PayPal Commerce Platform The PayPal Commerce Platform includes our new checkout solution. The checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting o Fraud ToolProtection. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution servicesolution. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.:

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout Checkout solution Our new checkout solution consists of: • our Our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our Our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution servicesolution. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o • our Custom Advanced Credit and Debit Card Fields service Payments as part of the new checkout solution bundle; and o our supporting • Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) Protection as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Our Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise any PayPal service as a payment method or exhibit a preference for other payment methods over PayPalany PayPal service. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. In-store payments and QR code transactions If you accept PayPal payments at your physical store, you must communicate the total amount of the transaction to the customer before it takes place. You may charge your customer's account only for transactions that they have authorized. You must also provide customers with a physical receipt if they request one. You agree that any transaction that you make shall have an accurate and true description of the goods and services being purchased. If you use a QR code to accept payments in your physical store, you must use a QR code intended for goods and services transactions. You must also not use QR codes for in- person transactions as a method of accepting payment for goods and services transactions occurring online. For any buyer claims related to QR code transactions you may be required to provide us with alternative evidence of delivery, or such additional documentation or information relating to the transaction. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise authorize certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s 's own resolution process (“Marketplace Due Amounts”)process, which we call marketplace due amounts. If you give such an authorisation authorization and the marketplace notifies has notified us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts marketplace due amounts relating to that claim from your PayPal account to the that marketplace or to the buyer (as the case may be) according to the marketplace’s 's instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount marketplace due amount as cancelled if we decide that the claim would have been determined in your favour favor had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own 's policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx mark at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation authorization and the marketplace a notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own marketplace policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: • our Our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and . • our Our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the The PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise penalize the consumer and create unnecessary confusion, friction and abandonment at checkout. You Otherwise you may only surcharge for the use of our the PayPal services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx mark at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo Logo placement, • position Position within any point of sale, • treatment Treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise mischaracterize PayPal as a payment method or exhibit a preference for other payment methods over PayPalany PayPal service. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise authorize certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s own resolution process (“Marketplace Due Amounts”)process, which we call marketplace due amounts. If you give such an authorisation authorization and the marketplace has notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts marketplace due amounts relating to that claim from your PayPal account to the that marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount marketplace due amount as cancelled if we decide that the claim would have been determined in your favour favor had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant Warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and . • agree Agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: •  our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and •  our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: •  the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and •  the PayPal Online Card Payment Services Agreement, when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: •  logo placement, •  position within any point of sale, •  treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: •  warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and •  agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New Checkout solution included in the PayPal Commerce Platform The PayPal Commerce Platform includes our checkout solution Our new solution. The checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud ToolProtection. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution servicesolution. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o our Custom Advanced Credit and Debit Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) Payments as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement ; and the PayPal Online Card Payment Services Agreement do not apply to your use o Fraud Protection as part of the new checkout solution. Instead, our our special Our Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx mark at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. In-store payments and QR code transactions If you accept PayPal payments at your physical store, you must communicate the total amount of the transaction to the customer before it takes place. You may charge your customer's account only for transactions that they have authorized. You must also provide customers with a physical receipt if they request one. You agree that any transaction that you make shall have an accurate and true description of the goods and services being purchased. If you use a QR code to accept payments in your physical store, you must use a QR code intended for goods and services transactions. You must also not use QR codes for in- person transactions as a method of accepting payment for goods and services transactions occurring online. For any buyer claims related to QR code transactions you may be required to provide us with alternative evidence of delivery, or such additional documentation or information relating to the transaction. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”)process, which we call marketplace due amounts. If you give such an authorisation authorization and the marketplace a notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts marketplace due amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount marketplace due amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own marketplace policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.:

Receiving Payments. General provisions for receiving payments PayPal may allow anybody (with or without an account) to make a payment instruction resulting in the issuance or transfer of electronic money to your account. By If you are a seller, by integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). New checkout solution Our new checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agreement, when you use our APM functionality as part of the new checkout solution; and • the PayPal Online Card Payment Services Agreement, when you use: o our Custom Card Fields service as part of the new checkout solution bundle; and o our supporting Fraud Tool (otherwise called the Custom Card Fields Fraud Management Filters functionality or Fraud Tool in that agreement) as part of the new checkout solution. Fees which may be set out in the PayPal Alternative Payment Methods Agreement and the PayPal Online Card Payment Services Agreement do not apply to your use of the new checkout solution. Instead, our our special Fees for using the new checkout solution apply. Rules about surcharging PayPal does not encourage surcharging because it is a commercial practice that can penalise the consumer and create unnecessary confusion, friction and abandonment at checkout. You may only surcharge for the use of our services in compliance with any law applicable to you and not in excess of the surcharges that you apply for the use of other payment methods. If you surcharge a buyer, you, and not we, will inform the buyer of the requested charge. We are not liable to any buyer where you have failed to inform the buyer of any surcharge. You acknowledge that you could be committing a criminal offence if you surcharge and/or fail to disclose any form of surcharge to a buyer. Presentation of PayPal You must treat PayPal as a payment method or xxxx at least on par with any other payment methods offered at your points of sale, including your websites or mobile applications. This includes at least equal or substantially similar: • logo placement, • position within any point of sale, • treatment in terms of payment flow, terms, conditions, restrictions, or fees, in each case as compared to other marks and payment methods at your points of sale. In representations to your customers or in public communications, you must not mischaracterise PayPal as a payment method or exhibit a preference for other payment methods over PayPal. Taxes and information reporting It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is solely your responsibility to assess, collect, report and remit the correct taxes to the appropriate authority. We are not responsible for determining whether any taxes apply to your transaction, or for calculating, collecting, reporting or remitting taxes arising from any transaction. As a bank service provider no sales tax applies to the PayPal services in the EU. Your refund policy and privacy policy You must publish a refunds and return policy, as well as a privacy policy. Marketplace sellers If you’re a seller on a marketplace or through a third-party application where PayPal is offered, you must comply with any rules that apply to the marketplace’s or the third party application’s buyer protection program for sales you make through that forum. Any such protections may require you to take certain actions and may impact how claims are processed. We may allow you to authorise certain marketplaces to use your account to pay amounts you owe to the marketplace or to the buyer (as the case may be) arising from a claim under the terms of the marketplace’s resolution process (“Marketplace Due Amounts”). If you give such an authorisation and the marketplace notifies us of the claim, you instruct us to process payments of all and any Marketplace Due Amounts relating to that claim from your PayPal account to the marketplace or to the buyer (as the case may be) according to the marketplace’s instructions to us. We may treat your instruction for the payment of any given Marketplace Due Amount as cancelled if we decide that the claim would have been determined in your favour had it been filed as a claim with us. You can also cancel this instruction by contacting us. All claims filed directly with the marketplace are governed by the marketplace’s own policy only. The terms of the PayPal Seller Protection Programme do not cover you for claims filed by your buyers directly with the marketplace. Accepting billing agreement payments If we allow you to accept payments from a payer under a billing agreement, when you present to us a payment request under that billing agreement, you: • warrant to us that the amounts you present have been agreed and consented to by the payer whose account will be deducted (including changes to those amounts) and that you will give prior notice of the deduction to the payer; and • agree that you will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that you are liable to us for any refunds of that payment in accordance with the terms of this user agreement. Refunds and reversals of payments When you receive a payment, it could be refunded or reversed. We may allow you to send to the payer a refund of the payment. We may carry out a reversal of your payment in certain circumstances. See the rest of this section for more details.