news Paypal Policy Update: Intangible items / domain names are not eligible for PayPal Seller Protection

[anantj]

This is from the India version of the Paypal site so might not apply to other countries. Please check your local Paypal policies to ensure you're safe

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Amendments to the PayPal User Agreement, with respect to User Accounts in Asia Pacific, certain European and Latin American countries, Middle East and Africa.
Effective Date: October 19, 2016


Changes to the form of consent required for merchant surcharging (Section 3.4)
You agree that you will not impose a surcharge or any other fee for accepting PayPal as a payment method without our prior written consent. You may charge a handling fee in connection with the sale of goods or services, as long as the handling fee is not higher than the handling fee you charge for non-PayPal transactions.

Comment: I think this aligns exactly with NP policies so it should not affect us in any material manner.

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Amendments to Seller Protection (Section 9.5)
The following are examples of items/transactions not eligible for PayPal Seller Protection:

• Claims or Chargebacks for Significantly Not as Described.
• Items that you deliver in person, including at a point of sale.
• Intangible items, including Digital Goods and services.
• Items equivalent to cash (including, without limitation, gift cards or vouchers)
• PayPal Direct Payments (including Virtual Terminal Payments and Website Payments Pro/Plus payments).
• Items that are not shipped to the recipient address. If you originally ship the item to the recipient address but the item is later redirected to a different address, you will not be eligible for PayPal Seller Protection. We therefore recommend not using a shipping service that is arranged by the buyer, so that you will be able to provide valid proof of shipping and delivery.
• Donations.
• Financial products or investments.

Note: Highlight by me

Read Full Policy Change

 

[alcy]

why make big deal out of who pays paypal fee. here, ebay or anywhere.
if you don't want to pay paypal fee on your $100 sale, cause you just wanna get paid net $100... then just make bin=$105. case closed.

I saw many people on namepros posting domains for fixed price and botherin to add buyer pays paypal fee. thats beyond ridiculous. just make your bin whatever you want to get net.

 

[Domainstore]

• Intangible items, including Digital Goods and services => I've never known it otherwise.