Common use of Restricted Activities and Holds Clause in Contracts

Restricted Activities and Holds. Chargeback fees If you receive a debit or credit card-funded payment through your PayPal account and the buyer pursues a chargeback for the transaction with their card issuer, then PayPal will not assess you with a chargeback fee if the transaction is eligible for PayPal Seller Protection. However, if the transaction is ineligible for PayPal Seller Protection, PayPal will assess you with a chargeback fee (for facilitating the chargeback process) regardless of whether the buyer is successful in pursuing the chargeback with the card issuer. The applicable chargeback fee will be deducted from your PayPal account. The chargeback fee is $15 for transactions in Australian Dollars, or the amount specified in the Chargeback Fees table in the currency of the original transaction. If the transaction was in a currency not listed in the Chargeback fee table the fee charged will be in your primary holding currency.

Appears in 4 contracts

Samples: Paypal User Agreement, Paypal User Agreement, Paypal User Agreement

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