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PayPal updates policy terms ahead of split from eBay

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"PayPal will soon be a separate entity from eBay; the corporate decision to spinoff the financial transaction giant was taken a while back.

Often used in transactions involving domain names, PayPal operates in a territory that manages billions of dollars annually.

With that in mind, PayPal sent a notice email, to notify its users about updates to the policy terms, which are going into effect on July 1st.

One of the most interesting changes is the addition of โ€œintangible itemsโ€ to those that are protected by PayPal. While this covers digital downloads, there is no specific mention of domain names at this time."

Check out the complete article on DomainGang
 
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