PayPal changes its policy on international transactions

[img_assist|nid=8084|title=|desc=|link=none|align=left|width=100|height=100]PayPal has revised its policy concerning international transactions under Section 4.3 of the PayPal users agreement that goes into effect July 9, 2008.

PayPal spokesman, Michael Oldenburg, told WebProNews that eBay was not requiring all international shippers to accept PayPal. The policy states that if eBay sellers accept PayPal, they are required to accept it for all transactions, for domestic and international payments.

Specifically under section 4.3 of the PayPal user agreement sellers who offer PayPal as a payment method in their eBay listings must follow these requirements:

a. Accept PayPal if the eBay listing includes PayPal as a payment method.

b. Accept all PayPal funding sources from a buyer, including but not limited to eCheck and credit cards.

c. Have a Premier or Business account or be willing to upgrade to a Premier or Business account upon receipt of a payment.

d. Accept international PayPal transactions if the eBay listing offers shipping outside the US.

e. Sellers may not charge a surcharge for accepting PayPal as a payment method.