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steffie · 04-10-2003, 09:05 PM

I have a business account with them and just received this notice

______________________________

We are writing to inform you that PayPal has updated its Acceptable Use Policy to simplify the policy on transactions of adult items. After June 12, 2003, PayPal will no longer process transactions for adult items through the Mature Audiences category on eBay.com. As a result, after June 12, PayPal will no longer process payments for adult items anywhere on the Internet.

PayPal strives to find the right balance between serving our community and minimizing our financial risk. We feel that exiting the Mature Audiences category with a clear and consistent policy for all adult items best achieves this balance.

How This Affects Your PayPal Account

As part of this effort, we are extending the deadline for when PayPal customers must stop sending and receiving payments for tangible adult products, including magazines, DVDs and videocassettes. Originally May 12, this deadline has now been extended to June 12 to correspond with the phase-out of PayPal service for these items on eBay.

The deadline to stop receiving payments for digital adult products and services, including online photos, streaming video and phone or other audio services, will remain May 12 for PayPal merchants who have registered through PayPal's digital adult merchant process. Merchants who have not registered can not process payments for these digital adult products and services at any time.

Click here to read the full terms of PayPal's Mature Audiences Policy.

You may keep your PayPal account open after the respective deadlines of May 12 and June 12, on a good faith basis. Your transaction history will still be viewable online, and you may continue to withdraw funds under your current account guidelines. Reserves for accounts with rolling reserves will continue to operate, with reserves ending 180 days after the receipt of the last transaction. Because you are not being required to close your PayPal account, your account access may be limited if it is determined that your account activity violates PayPal's policy on adult content.

Thank You for Your Business

We apologize for any inconvenience this change will cause, and would like to thank you for your business.

If you have any questions about the Acceptable Use Policy, please feel free to contact your account manager.

Sincerely,

The PayPal Team

___________________________

04-10-2003, 09:05 PM
steffie Confirmed User Join Date: May 2002 Location: Somewhere in the Mountains, far far away Posts: 2,422	New Paypal Announcment I have a business account with them and just received this notice ______________________________ We are writing to inform you that PayPal has updated its Acceptable Use Policy to simplify the policy on transactions of adult items. After June 12, 2003, PayPal will no longer process transactions for adult items through the Mature Audiences category on eBay.com. As a result, after June 12, PayPal will no longer process payments for adult items anywhere on the Internet. PayPal strives to find the right balance between serving our community and minimizing our financial risk. We feel that exiting the Mature Audiences category with a clear and consistent policy for all adult items best achieves this balance. How This Affects Your PayPal Account As part of this effort, we are extending the deadline for when PayPal customers must stop sending and receiving payments for tangible adult products, including magazines, DVDs and videocassettes. Originally May 12, this deadline has now been extended to June 12 to correspond with the phase-out of PayPal service for these items on eBay. The deadline to stop receiving payments for digital adult products and services, including online photos, streaming video and phone or other audio services, will remain May 12 for PayPal merchants who have registered through PayPal's digital adult merchant process. Merchants who have not registered can not process payments for these digital adult products and services at any time. Click here to read the full terms of PayPal's Mature Audiences Policy. You may keep your PayPal account open after the respective deadlines of May 12 and June 12, on a good faith basis. Your transaction history will still be viewable online, and you may continue to withdraw funds under your current account guidelines. Reserves for accounts with rolling reserves will continue to operate, with reserves ending 180 days after the receipt of the last transaction. Because you are not being required to close your PayPal account, your account access may be limited if it is determined that your account activity violates PayPal's policy on adult content. Thank You for Your Business We apologize for any inconvenience this change will cause, and would like to thank you for your business. If you have any questions about the Acceptable Use Policy, please feel free to contact your account manager. Sincerely, The PayPal Team ___________________________ __________________ Partying since '96 and not going anywhere Anna's Dorm