New Paypal Agreement Terms? - GoFuckYourself.com

Barefootsies · 05-21-2012, 04:33 PM

Much be something to do with a change in their Merchant Bank accounts or MC...

Quote:

Wells Fargo - Review and Accept Commercial Entity Agreement

Important : You must agree to the terms of the Wells Fargo Commercial Entity Agreement by Aug 1, 2012 or you will be unable to accept MasterCard-funded payments.

To comply with MasterCard and Visa requirements, please review and accept the Commercial Entity Agreement. It is for Business and Premier account holders who receive a large number of credit card payments.

This agreement supplements, but does not replace PayPal's User Agreement and will not change how your PayPal account works. Your fees, account status, and eligibility for PayPal's Seller Protection policy remain the same.

By clicking the button below I agree to the Wells Fargo Commercial Entity Agreement.

Please email us if you have questions.

Quote:

HSBC - Review and Accept Commercial Entity Agreement

Important : You must agree to the terms of the HSBC Commercial Entity Agreement by Aug 1, 2012 or you will be unable to accept MasterCard-funded payments.

To comply with MasterCard and Visa requirements, please review and accept the Commercial Entity Agreement. It is for Business and Premier account holders who receive a large number of credit card payments.

This agreement supplements, but does not replace PayPal's User Agreement and will not change how your PayPal account works. Your fees, account status, and eligibility for PayPal's Seller Protection policy remain the same.

By clicking the button below I agree to the HSBC Commercial Entity Agreement.

Please email us if you have questions.

Quote:

CPS - Review and Accept Commercial Entity Agreement

Important: You must agree to the terms of the CPS Commercial Entity Agreement by Aug 1, 2012 or you will be unable to accept MasterCard-funded payments.

To comply with MasterCard and Visa requirements, please review and accept the Commercial Entity Agreement. It is for Business and Premier account holders who receive a large number of credit card payments.

This agreement supplements, but does not replace PayPal's User Agreement and will not change how your PayPal account works. Your fees, account status, and eligibility for PayPal's Seller Protection policy remain the same.

By clicking the button below I agree to the CPS Commercial Entity Agreement.

Please email us if you have questions.

Quote:

RBS - Review and Accept Commercial Entity Agreement

Important: You must agree to the terms of the RBS Commercial Entity Agreement by Aug 1, 2012 or you will be unable to accept MasterCard-funded payments.

To comply with MasterCard and Visa requirements, please review and accept the Commercial Entity Agreement. It is for Business and Premier account holders who receive a large number of credit card payments.

This agreement supplements, but does not replace PayPal's User Agreement and will not change how your PayPal account works. Your fees, account status, and eligibility for PayPal's Seller Protection policy remain the same.

By clicking the button below I agree to the RBS Commercial Entity Agreement.

Please email us if you have questions.

Looks like we need superbonzo to explain all this madness.

pstation · 05-21-2012, 04:43 PM

http://thebrewsnews.wordpress.com/20...pal-merchants/

NETbilling · 05-21-2012, 04:45 PM

Seems as though they are utilizing several merchant accounts for sure. Not sure why this would only effect Mastercard but will look into it.... and report.
Keep in mind that Paypal is a 3rd party processor and if you accept it, you have no rights to any card data and limited customer info because it is not your merchant account.

SiMpLe · 05-21-2012, 04:51 PM

I thought Chase just bought all the HSBC acct's - I got a snail mail about this. My Best Buy experience has been snookered by Chase

Barefootsies · 05-21-2012, 04:56 PM

Quote:

Originally Posted by NETbilling

Keep in mind that Paypal is a 3rd party processor and if you accept it, you have no rights to any card data and limited customer info because it is not your merchant account.

It does not 'read' like you have much of a choice in the matter.

VenusBlogger · 05-21-2012, 05:24 PM

I didn't receive those..

It must be only for US Residents..

journalism · 05-21-2012, 05:49 PM

I have deleted and cancel my account in Paypal as they seen that I am receiving $2k plus a week and they don't want to get involved with money laundering

05-21-2012, 04:45 PM	#3
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,584	Seems as though they are utilizing several merchant accounts for sure. Not sure why this would only effect Mastercard but will look into it.... and report. Keep in mind that Paypal is a 3rd party processor and if you accept it, you have no rights to any card data and limited customer info because it is not your merchant account. __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998! Last edited by NETbilling; 05-21-2012 at 04:49 PM..

05-21-2012, 04:51 PM	#4
SiMpLe Confirmed User Join Date: Feb 2002 Location: Porn Central - California Posts: 3,221	I thought Chase just bought all the HSBC acct's - I got a snail mail about this. My Best Buy experience has been snookered by Chase __________________ Sean Holland Vice President OrbitalPay / Global Electronic Technology (GET) SKYPE: iam.sean ::: sholland at orbitalpay.com 888-775-1500

05-21-2012, 04:43 PM	#2
pstation Confirmed User Join Date: Jul 2003 Location: chicago Posts: 1,135	http://thebrewsnews.wordpress.com/20...pal-merchants/

05-21-2012, 05:24 PM	#6
VenusBlogger So Fucking Banned Industry Role: Join Date: Nov 2011 Posts: 1,540	I didn't receive those.. It must be only for US Residents..

05-21-2012, 05:49 PM	#7
journalism Confirmed User Industry Role: Join Date: Mar 2011 Location: I travel a lot, but I am originally from Bali, Indonesia Posts: 395	I have deleted and cancel my account in Paypal as they seen that I am receiving $2k plus a week and they don't want to get involved with money laundering