Common use of Payment Services Clause in Contracts

Payment Services. PayPal (i) registers individuals and legal entities to become Paying Users, capable of remitting funds resulting from the purchase of goods and/or services by electronic means; and (ii) qualifies individuals and legal entities to become Receiving Users and accept PayPal as a payment instrument in relation to the sale of goods and/or services, receiving, by electronic means, the funds resulting therefrom in their Account managed by PayPal.

Appears in 4 contracts

Samples: User Agreement, User Agreement, User Agreement

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Payment Services. PayPal (i) registers individuals to become Users, capable of sending funds to or receiving funds from friends and family members; (ii) registers individuals and legal entities to become Paying Users, capable of remitting funds resulting from the purchase of goods and/or services by electronic means; and (ii) qualifies individuals and legal entities to become Receiving Users and accept PayPal as a payment instrument in relation to the sale of goods and/or services, receiving, by electronic means, the funds resulting therefrom in their Account managed by PayPal.and

Appears in 1 contract

Samples: User Agreement

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