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If you do not wish to be bound by this Agreement, you must stop using our Services and terminate your relationship with us in accordance with Section 7.
If the revised version includes a Substantial Change that applies to consumers, we will provide you with at least 30 Days' prior written notice (and at least 90 Days’ prior written notice to our Merchants in the case of the introduction of a new fee or an increase of an existing fee which applies them) by posting notice on the Policy Updates page of our website, which can also be found by clicking on the Legal Agreements link on the bottom of every page on the Pay Pal website and by notifying you by email that we have amended the Agreement, providing a comparison illustrating the amendments and the date they will be effective, and your right to terminate your relationship with us at any time without cost or penalty if you do not agree to the amendments.
We offer the following types of Accounts: Personal and Business Accounts.
By opening a Business Account and accepting the terms as outlined in this Agreement, you attest that you are not establishing the Account primarily for personal, family, or household purposes.
If you are a Seller, you can help protect yourself from the risk of a payment being reversed from your Account by following the criteria set out in the Protection for Sellers section and by following the other guidance provided in the Security page accessible via every page of the Pay Pal website.
This means that for some of our Sellers, payments received into their Account may be returned to the sender or otherwise removed from their Account after they have been paid and/or delivered any goods or services sold.
You may send money from, and receive money into, your Account, as described in more detail in Section 3 (Sending Money) and Section 4 (Receiving Money).
You may also add money to your Balance using an available Payment Method, as described in more detail in Section 3, and withdraw money from your Balance, as described in more detail in Section 6 (Withdrawing Money). You authorize Pay Pal, directly or through third parties, to make any inquiries we consider necessary to validate your identity.
We may close, suspend, or limit your access to your Account or the Services, and/or limit access to your funds for up to 180 Days if you violate this Agreement, the Acceptable Use Policy, or any other agreement you enter into with Pay Pal.
Pay Pal does not have control of or liability for the products or services that are paid for with the Services.
Pay Pal is an independent contractor for all purposes, except that Pay Pal acts as your agent with respect to the custody of your funds.
This Agreement is a contract between you and Pay Pal and governs your use of all Services. All right, title and interest in and to the Pay Pal website, any content thereon, the Services, the technology related to the Services, and any and all technology and any content created or derived from any of the foregoing is the exclusive property of Pay Pal and its licensors. You may not transfer or assign any rights or obligations you have under this Agreement without Pay Pal's prior written consent.