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PayPal updates policy terms ahead of split from eBay

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Arpit131

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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 “intangible items” 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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