User Agreement for PayPal™ Service


This Agreement is a contract between you and PayPal, Inc. and
applies to your use of the PayPal™ payment service and any related
products and services (collectively the "Service"). This Agreement
affects your rights and you should read it carefully. We encourage
you to print the Agreement or copy it to your computer's hard
drive for your reference. For additional information about the
Service and how it works, please also consult the PayPal Help
Center. In this Agreement, "you" or "your" means any person or
entity using the Service ("Users"). Unless otherwise stated,
"PayPal," "we" or "our" will refer collectively to PayPal, Inc.
and its subsidiaries, affiliates, directors, officers, employees,
agents and contractors.

By checking the consent box on the account signup page, you
represent that you accept the terms and conditions of this
Agreement and the PayPal Privacy Policy. This User Agreement is
subject to change by PayPal without prior notice (unless prior
notice is required by law), by posting of the revised Agreement on
the PayPal website. Descriptions of material amendments to this
User Agreement will be posted in advance on the PayPal website in
the "Policy Updates" section that is displayed to you when you log
in to your account. You can also set your Preferences to receive e-
mail notification of all policy updates. You may review the
current Agreement prior to initiating a transaction at any time at
our User Agreement page.

Unless otherwise specified, all references to a "bank" in this
Agreement include savings associations and credit unions, and all
references to a "credit card" include Visa- and MasterCard-branded
debit cards. This Agreement was last modified on Oct. 11, 2001.
I. The Legal Relationship Between You and PayPal

II. User Responsibilities

III. Sending Payments

IV. Receiving Payments

V. Rights, Obligations and Disclaimers of PayPal

VI. Electronic Fund Transfer Rights and Error Resolution

VII. Consumer Protection Programs

VIII. Additional Terms of Use for Premier/Business Users

IX. Additional Terms of Use for PayPal Shops

X. Additional Terms of Use for Debit Cards
I. The Legal Relationship between You and PayPal

By registering for the Service, you appoint PayPal as your agent
to process payments on your behalf in accordance with your
instructions, subject to the terms and restrictions of this
Agreement. PayPal will at all times hold your funds separate from
its corporate funds, will not use your funds for its operating
expenses or any other corporate purposes, and will not voluntarily
make funds available to its creditors in the event of bankruptcy
or for any other purpose. You acknowledge that (i) PayPal is not a
bank and the Service is a payment processing service rather than a
banking service, and (ii) PayPal is not acting as a trustee,
fiduciary or escrow with respect to your funds, but is acting only
as an agent and custodian.

You are not required to keep funds in the PayPal system (i.e.,
carry a balance in your PayPal agency account) in order to use the
Service. If you do carry a balance in your PayPal account and do
not enroll in the PayPal Money Market Reserve Fund, PayPal will
pool your funds together with funds from other Users, and will
place those funds in accounts at one or more FDIC-insured banks
("Pooled Accounts"). You agree that any earnings on the Pooled
Accounts will be the property of PayPal, and you will not receive
interest or other earnings on the funds that PayPal handles as
your agent.

If you enroll in the Money Market Reserve Fund, PayPal's
subsidiary PayPal Asset Management Inc. will act as your agent to
transfer any balance in your PayPal account on a daily basis to
purchase shares in the Money Market Reserve Fund. Thereafter,
payments that you send through PayPal will be funded by a
redemption of your shares in the Money Market Reserve Fund. For
more information on the Money Market Reserve Fund, please review
prospectus.

By initiating and sending payments through the Service or adding
funds to your balance, you appoint PayPal as your agent to obtain
the funds on your behalf and to transfer the funds to the
recipient that you designate or to a Pooled Account, subject to
the terms and restrictions of this Agreement. PayPal will obtain
the funds first by debiting your funds in the Pooled Accounts or
redeeming your shares in the Money Market Reserve Fund, if any. If
this is not sufficient to fund your payment fully, PayPal will
obtain the remaining funds per your instructions by debiting a
bank account that you designate or charging your credit card. When
you send a payment, until that payment is accepted by the
recipient (which may occur instantly), you remain the owner of
those funds and PayPal holds those funds as your agent, but you
will not be able to withdraw those funds or send the funds to any
other recipient unless the initial transaction is cancelled.

By receiving payments through the Service, you appoint PayPal as
your agent to cause the funds to be deposited on your behalf in
the Pooled Accounts until you further instruct PayPal with respect
to the transmission of your funds. Through the PayPal website, you
may provide instructions to withdraw the funds, enroll in an
automatic sweep of the funds into the PayPal Money Market Reserve
Fund or transfer the funds to a third party, in each case subject
to the terms and restrictions of this Agreement. If you receive a
notice that a payment has been sent to you through PayPal but you
have not registered for the Service, PayPal will not become your
agent and you will have no claim to those funds unless and until
you register for the Service and indicate your acceptance of the
payment.

II. User Responsibilities
Eligibility. In order to use the Service, you must register for a
Personal, Premier, or Business account. If you use the Service to
receive more than $100 of credit-card funded payments in a month,
you must register for, or upgrade to, a Premier or Business
Account, or else any payment that causes you to exceed the $100
threshold will be returned to the sender.

You must be at least 16 years of age to register for an account
and use the Service. If you are under the age of 18, you hereby
represent that you are using the Service with the consent of your
parent or guardian.


No Multiple Accounts. Should you register for more than one
Personal Account, PayPal reserves the right to terminate all of
your accounts and will restrict you from the system going forward.
Users may register and hold one Personal Account and either one
Premier or one Business Account.


Registration Information. You agree to provide true, accurate and
complete registration information and to maintain and promptly
update your information as applicable. You agree not to
impersonate any other person or use a name that you are not
authorized to use. If any information you provide is untrue,
inaccurate, not current, or incomplete, without limiting other
remedies, PayPal has the right to terminate your use of the
Service and PayPal, its agents, suppliers, and subcontractors have
the right to recover from you any costs or losses incurred as a
direct or indirect result of the inaccurate or incomplete
information.

You authorize PayPal, directly or through third parties, to make
any inquiries we consider necessary to validate your registration.
This may include ordering a credit report and performing other
credit checks or verifying the information you provide against
third party databases.


International Use. To be eligible for an account, you must be a
resident of the United States or one of the approved countries
listed below:

Argentina
Australia
Anguilla
Austria
Belgium
Brazil
Canada
China
Costa Rica
Denmark
Dominican Republic
Finland
 France
Germany
Greece
Hong Kong
Iceland
India
Ireland
Israel
Italy
Jamaica
Japan
Luxembourg
 Mexico
Netherlands
New Zealand
Norway
Portugal
Singapore
South Africa
South Korea
Spain
Sweden
Switzerland
United Kingdom

International Users, unlike U.S. Users, must pay fees for moving
funds into the Service and for withdrawing funds from the Service.
These fees are set forth in the International Fee Schedule.
International Users in some countries may not use the Service to
receive payments, and may only use the Service to send payments.
These countries are designated on the PayPal International page.
IT IS PAYPAL'S ASSUMPTION THAT INTERNATIONAL USERS ARE SIGNING UP
FOR A PAYPAL ACCOUNT ONLY AFTER DETERMINING THAT OPENING AND
MAINTAINING A PAYPAL ACCOUNT VIOLATES NO LAWS OR REGULATIONS IN
THEIR RESPECTIVE COUNTRY AND JURISDICTION. If you are an
international user, you warrant that you are violating no law or
regulation by your use of PayPal, and you indemnify us for any and
all liability that might arise from your use of PayPal.


Prohibited Transactions. You agree that you will not use PayPal to
accept payment for illegal products or services, including but not
limited to materials that infringe the intellectual property
rights of third parties. You will not use the Service, the PayPal
website or any of the services offered therein for any unlawful or
fraudulent activity. If PayPal has reason to believe that you may
be engaging in or have engaged in fraudulent, unlawful, or
improper activity, including without limitation any violation of
any terms and conditions of this Agreement, your access to the
Service may be suspended or terminated. You will cooperate fully
with PayPal to investigate any suspected unlawful, fraudulent or
improper activity, including but not limited to granting
authorized PayPal representatives "guest" or "member" access to
any password-protected portions of your website.

You also agree not to use your PayPal account to sell securities,
business opportunities, franchises, multi-level marketing, or
goods with delivery delayed more than 20 days from the date of
payment. You agree not to impersonate a PayPal User or a PayPal
representative, or to request that a PayPal customer provide you
with their password or other information to access their account.


Electronic Communications. To the fullest extent permitted by
applicable law, this Agreement and any other agreements, notices
or other communications regarding your account and/or your use of
the Service ("Communications"), may be provided to you
electronically and you agree to receive all Communications from
PayPal in electronic form. Electronic Communications may be posted
on the pages within the PayPal website and/or delivered to your e-
mail address. You may print a copy of any Communications and
retain it for your records. All Communications in either
electronic or paper format will be considered to be in "writing,"
and to have been received no later than five (5) business days
after posting or dissemination, whether or not you have received
or retrieved the Communication. PayPal reserves the right but
assumes no obligation to provide Communications in paper format.
Your consent to receive Communications electronically is valid
until you revoke your consent by notifying PayPal of your decision
to do so by contacting us through this form or by telephoning
customer service. If you revoke your consent to receive
Communications electronically, PayPal will terminate your right to
use the Service.


Correct E-mail. You agree and warrant that you have access to the
Internet and to a current functional personal e-mail address.
Although we will take reasonable steps to contact you based on
information that you have provided us, PayPal will not be liable
for any undelivered e-mail communications or any costs you incur
for maintaining Internet access and an e-mail account. You have an
AFFIRMATIVE OBGLIGATION to provide PayPal with a correct and
operational e-mail address, and to notify PayPal promptly as to
any changes or cancellations of any and all e-mail addresses you
provide PayPal. Failure to provide PayPal with a current, working,
functional, personal e-mail address, and/or failure to update
PayPal in a change or cancellation of your e-mail address, or if
PayPal has reason to believe that either have occurred may result
in any or all of the following, non-exclusively: (1) the removal
or deactivation by PayPal of a non-functional e-mail address from
your account; (2) the replacement of a secondary e-mail address as
a new permanent e-mail address associated with your account; (3)
an alteration to your user preferences regarding PayPal e-mail
notifications; and/or (4) attempts by PayPal to reach you
personally by phone, fax or postal mail. PayPal reserves the right
to take measures to ensure the integrity of its contact directory,
and expects that you, as a user, will cooperate and keep your
contact information current.


No Spam. You agree not to use email addresses of PayPal customers
to send unsolicited email. You agree not to use unsolicited email,
usenet, message board postings, or similar methods of mass
messaging (spam) to gather referral bonuses. The use of spam to
promote the Service has strict negative consequences. We will
immediately and permanently terminate the account of any User who
has sent unsolicited email targeting PayPal Users to gain
referrals or for any other purpose. In addition, you may be
subject to state and federal penalties and other legal
consequences under applicable law if you send unsolicited email.
Our Anti-Spam Policy is intended to protect our users, the
Internet, and us.


Unclaimed Property. If you do not access your account for a period
of three years, it will be terminated. After the date of
termination, we will use the information you provided to try to
send you any funds that we are holding in custody for you. If that
information is not correct, and we are unable to complete the
payment to you, your funds will be subject to applicable state
laws regarding escheat of unclaimed property.


Passwords. You may not reveal your account password(s) to anyone
else, nor may you use anyone else's password. PayPal is not
responsible for losses incurred by Users as the result of their
misuse of passwords.


Closing Your Account. You may close your account at any time by
clicking on the "Close Account" tab in your Profile on the PayPal
website. Upon closure of an account, any pending transactions will
be canceled. Any funds that we are holding in custody for you at
the time of closure, less any applicable fees, will be paid to you
by check, assuming all withdrawal related authentication
requirements have been fulfilled (for example, you may not use
closure of your account as a means of evading withdrawal limits on
new Unverified users). You may not use closure of your account as
a means of evading investigation - if an investigation is pending
at the time you close your account, PayPal may continue to hold
your funds for up to 180 days as appropriate to protect PayPal
against the risk of chargebacks. If you are later determined to be
entitled to some or all of the funds in dispute, PayPal will make
an additional payment of those funds to you. You will remain
liable for all obligations related to your account even after such
account is closed.


Hacking. If you use, or attempt to use the Service for purposes
other than sending and receiving payments and managing your
account, including but not limited to tampering, hacking,
modifying or otherwise corrupting the security or functionality of
Service, your account will be terminated and you will be subject
to damages and other penalties, including criminal prosecution
where available.


No Cash Advances. You agree not to engage in behavior that could
reasonably be construed as providing yourself a cash advance from
your credit card, and agree not to assist Users who engage in
behavior that could reasonably be construed as providing
themselves a cash advance from their credit cards. Such behavior
includes, but is not limited to, a User paying someone with a
credit card-funded payment through the Service, then receiving the
funds back from the original Recipient and attempting to withdraw
the funds from their account. PayPal reserves the right to reverse
all such transactions and to terminate any accounts that are
associated with such behavior.


Assignability. You may not transfer any rights or obligations you
may have under this Agreement without the prior written consent of
PayPal. PayPal reserves the right to transfer this Agreement or
any right or obligation under this Agreement without your consent.


Indemnification. You agree to indemnify and hold PayPal, its
affiliates, officers, directors and employees harmless from any
claim, action, demand, loss, or damages (including attorneys'
fees) made or incurred by any third party arising out of or
relating to your use of the Service.


Choice of Law. This Agreement is governed by and interpreted under
the laws of the state of California, U.S.A as such laws are
applied to agreements entered into and to be performed entirely
within California by California residents.


Arbitration. Any controversy or claim arising out of or relating
to this Agreement or the provision of Services shall be settled by
binding arbitration in accordance with the commercial arbitration
rules of the American Arbitration Association. Any such
controversy or claim shall be arbitrated on an individual basis,
and shall not be consolidated in any arbitration with any claim or
controversy of any other party. The arbitration shall be conducted
in Santa Clara County, California, and judgment on the arbitration
award may be entered in any court having jurisdiction thereof.
Either you or PayPal may seek any interim or preliminary relief
from a court of competent jurisdiction in Santa Clara County,
California necessary to protect the rights or property of you or
PayPal, Inc. (or its agents, suppliers, and subcontractors)
pending the completion of arbitration.
III. Sending Payments
Spending Limits and Verification


U.S. Users. Once you confirm an email address, you are limited to
a total of $1000 of spending in the aggregate unless and until you
become Verified. Some accounts, at PayPal's discretion, may have a
lower limit until they become Verified. Account limits, if any,
can be viewed from the "View Limits" link on the Account Overview
page. In order to become Verified, you must login to your PayPal
account and authorize PayPal to make two small deposits, at
PayPal's own expense, to the bank account that you registered.
Your bank account and your PayPal account will be considered
Verified if and when you correctly enter these deposit amounts on
the PayPal website. If your Verified bank account is closed, you
must confirm your control of a new US bank account in order to
remain Verified. PayPal reserves the right to decide that accounts
at certain banks may not be used for Verification.


International Users. If you are an International User, you will
not be able to complete a payment through the Service unless and
until you have become International-Verified by confirming an e-
mail address and a member number associated with the membership
fee assessed by PayPal. To become International-Verified, please
log in to your International account through the PayPal website
and follow the instructions provided to confirm your member
number, as described in #3 below.


Electronic Transfers. When you make a payment through PayPal that
is funded by Instant Transfer or eCheck, and when you initiate an
"Add Funds" transaction you are requesting an electronic transfer
from your bank account. Upon such request, PayPal will make
electronic transfers via the Automated Clearing House (ACH) system
from your U.S. bank account in the amount you specify. You agree
that such requests constitute your authorization for such
transfers. PayPal will never make transfers from your bank account
without your authorization.

PayPal provides you protection against unauthorized withdrawals
from your bank account under the terms of Article VI below. You
may be charged a service fee for any ACH transactions that result
in a returned ACH item, such as but not limited to those caused by
insufficient funds in your bank account, closure of your bank
account, or if the bank account number or other information you
provided is incorrect. Currently, International Users are charged
$20USD per returned ACH and US Users are not charged. PayPal
reserves the right to resubmit for collection any ACH debit
authorized by you (Instant Transfer, eCheck or Add Funds) that is
returned for insufficient or uncollected funds.


Confirmation of Membership Numbers. PayPal requires all
International Users and some domestic Users to complete an
additional process to establish their membership with PayPal. This
process consists of a membership fee charged to the User's credit
or debit card that is associated with a randomly generated, unique
4-digit PayPal Membership Number. PayPal provides a page in the
User's account for the User to enter this member number when it is
received via the User's physical monthly card statement or via
online access to the card statement. PayPal strongly discourages
users from calling their credit card companies in order to obtain
PayPal Membership Numbers before receiving their monthly statement
in the mail or online. If PayPal receives a complaint from Visa,
MasterCard, or a card issuer regarding a User's calling their
credit card company to obtain PayPal Membership Numbers, that
User's PayPal account will be permanently closed.


Right of Recipient to Refuse Payment. When you send a payment to a
third party through PayPal, the recipient is not required to
accept the payment, even if the recipient is already registered
with PayPal. The recipient is free to return payments or, in some
cases, to use the PayPal system to deny payments that you have
sent. You acknowledge that PayPal will not be liable for any
damages resulting from a recipient's decision not to accept a
payment made through PayPal. Any payments through PayPal that are
denied or unclaimed by a recipient will be returned to the sender
on the earlier of (a) the date of such denial, or (b) within 30
days from the date the payment is sent.
IV. Receiving Payments
Credit Card Receiving Limit for Personal Accounts. Personal
Accounts are limited to receiving $100 per month of credit card
payments. Payments funded from the sender's bank account or
existing PayPal account balance will not count against the
recipient's limit. Payments funded wholly or partially by a credit
card are classified as credit card payments in the PayPal system.


Receipt of Payments; Risk of Reversal of Transactions; Collection
of Funds you owe PayPal. When you receive a payment through the
Service, unless you follow the steps necessary to qualify for our
Seller Protection Policy described in Part VII of this User
Agreement, you are not protected against a subsequent reversal of
the transaction. In the event that the sender's transaction is
reversed for any reason and you do not qualify for the Seller
Protection Policy for that transaction, you will owe PayPal for
the amount of the reversed transaction plus any fees imposed on
PayPal as a result of the reversal. Examples of such a reversal
include, but are not limited to, a credit card charge-back by the
sender of the payment, and a reversal of the transaction because
the sender of the payment was using a stolen credit card or
unauthorized bank account. PayPal will seek to recover the funds
from you by debiting your PayPal balance and, if there are not
sufficient funds in your PayPal balance, PayPal reserves the right
to collect your debt to PayPal by any other legal means. If you
open a Premier or Business Account after October 11, 2001, you
authorize PayPal to debit your bank account linked to that PayPal
account for the amount that you owe PayPal on transactions which
were not covered by the Seller Protection Policy and which were
not recoverable from your PayPal balance.


Withdrawals.


U.S. Users. In order to withdraw funds that PayPal is holding in
custody for you, you must confirm the email address that your
registered by responding to a message that PayPal will send to
that address when you have completed registration, and you must
register a bank account or credit card with PayPal. New PayPal
Users (who have been in the PayPal system for 2 months or less)
are required to complete two out of three authentication steps
(confirm bank account, confirm member number, confirm Social
Security Number) in order to withdraw more than $500 per month.
Some accounts, at PayPal's discretion, may have lower limits until
the authentication steps have been completed. Account limits, if
any, can be viewed from the "View Limits" link on the Account
Overview page.

You may withdraw funds by direct deposit into your bank account or
by physical check. To cover the cost of processing checks, PayPal
charges $1.50 per check withdrawal. Check withdrawals will not be
sent to P.O. Box addresses. In addition, check withdrawals will
only be sent to a Confirmed Address, unless you are Verified (as
described in Section III.1 above), in which case you may choose
any street address. If you would like a check withdrawal to an
address that does not match these rules, you must contact Customer
Service and produce appropriate documentation as determined by
PayPal before a check will be sent to the requested address.


International Users. If you are an International User, you may
only accept payments after you have registered a credit card with
PayPal. If and when you have registered a credit card, the
following rules apply to the withdrawal of any payments you
receive through the Service.

All International Users who have a U.S. bank account and
registered it with PayPal may withdraw funds from their PayPal
balance to that bank account. International Users in Australia,
Canada, France, Germany, New Zealand, the Netherlands and the
United Kingdom who have confirmed their control of the credit card
associated with their PayPal account may register their local bank
accounts with PayPal, and may then withdraw funds from their
PayPal balance into their local bank accounts.

International Users outside of those countries who do not have a
US bank account will not be able to withdraw funds from the PayPal
system, and should therefore accept payments only if they expect
to spend those funds using PayPal. In order to accept payments,
International Users outside those countries must set their
Preferences by logging into their PayPal account.

International Users in some countries may not use the Service to
receive payments, and may only use the Service to send payments.
These countries are designated on the PayPal International page.


No Surcharges. Under Visa and MasterCard regulations and the laws
of several states, including California, merchants may not charge
a fee to the buyer for accepting credit card payments (often
called a "surcharge"). You agree that you will not impose a
surcharge or any other fee for accepting PayPal as payment. This
restriction does not prevent you from imposing a handling fee in
connection with the sale of goods or services, as long as the
handling fee does not operate as a surcharge (in other words, the
handling fee for transactions paid through PayPal may not be
higher than the handling fee for transactions paid through other
payment methods).


Use of PayPal Logos on eBay Auctions. In addition to the terms set
out in Section V Part 5 of this User Agreement, when you display a
logo on your eBay auction which contains the Visa & MasterCard
logos, your PayPal account must accept payments made via credit
card. You may edit your payment receiving preferences from your
Profile.
V. Rights, Obligations and Disclaimers of PayPal
Privacy. We take the privacy of your personal information very
seriously at PayPal. We have developed a separate Privacy Policy,
and ask you to review that Policy for more information on this
topic.


Processing. PayPal shall make reasonable efforts to ensure that
requests for electronic debits and credits involving bank
accounts, credit cards, and check issuances are processed in a
timely manner. However, a number of factors, several of which are
outside of our control, will contribute to when the funds are
received. We make no representations or warranties regarding the
amount of time needed to complete processing, such as delays in
the banking system or the U.S. or international mail service, nor
shall we be liable for any actual or consequential damages arising
from any claim of delay.


Closing and Restricting Accounts.

PayPal, at its sole discretion, reserves the right to close an
account at any time for any reason, including but not limited to a
violation of this Agreement, upon notice to the User and payment
to the User of any unrestricted funds held in custody.

PayPal, at its sole discretion, also reserves the right to
restrict withdrawals from an account for any one of the events
listed below. If the dispute covers only a specific transaction,
we will only restrict funds related to that particular
transaction. If your account is restricted, you will be notified
by e-mail and requested to provide information relevant to your
account. PayPal will investigate the matter promptly. If the
investigation is in your favor, we will unrestrict your account.
If the investigation is not in your favor, PayPal may return funds
to the sender and unrestrict the remainder of your account,
continue the restriction for up to 180 days as to funds necessary
to protect PayPal against the risk of chargebacks, or may close
your account by giving you notice and mailing a check for any
funds in your account (minus funds that are in dispute) to the
address that you have provided. If you are later determined to be
entitled to the funds in dispute, PayPal will make an additional
payment of those funds to you.


Reports of unauthorized or unusual credit card use associated with
the account including, but not limited to, notice by the card
issuing bank
Reports of unauthorized or unusual bank account use associated
with the account
Complaints received regarding non-shipment of merchandise, non-
delivery of services, merchandise not as described, or problems
with merchandise shipped
Initiation by a buyer of a chargeback process through the buyer's
issuing bank without first pursuing the Buyer Complaint process
described below.
Receipt of potentially fraudulent funds
Excessive disputes or chargebacks, or attempts to "double dip" by
receiving funds in a dispute both from PayPal and through a
chargeback or a refund from the seller,
Refusal to cooperate in an investigation or provide confirmation
of identity when requested
Initiation of transactions considered to be cash advances or
assisting in cash advances
Sending unsolicited email or posting referral links on websites
where they are not permitted
Opening multiple Personal accounts
The account has been used in or to facilitate fraudulent activity
Violations of this User Agreement
Name on the bank account associated with the PayPal account does
not match the name on the PayPal account
Return of an incoming Electronic Funds Transfer for insufficient
funds in the bank account, incorrect bank routing number, or
incorrect bank account number
Use of an anonymizing proxy.

PayPal will use reasonable efforts to investigate accounts that
are subject to a restriction and to reach a final decision on the
restriction promptly.


Termination. PayPal, in its sole discretion, reserves the right to
terminate this Agreement, access to its website, or access to the
Service for any reason and at any time upon notice to you and
payment to you of any unrestricted funds held in custody for you.


Trademarks. PayPal.com, PAYPAL and all related logos, products and
services described in this website are either trademarks or
registered trademarks of PayPal, Inc., or its licensors, and
(aside from the circumstances described in "Use of Logos" below)
may not be copied, imitated or used, in whole or in part, without
the prior written permission of PayPal. In addition, all page
headers, custom graphics, button icons, and scripts are service
marks, trademarks, and/or trade dress of PayPal and may not be
copied, imitated, or used, in whole or in part, without the prior
written permission of PayPal.

Notwithstanding the above, HTML logos provided by PayPal through
its Affiliate Program, Web Accept feature, or Auctions Tools
features ("Logos"), may be used without prior written consent for
the purpose of directing web traffic to the Service. These Logos
may not be altered, modified, or changed in any way, or used in a
manner that is disparaging to PayPal or the Service. Logos may not
be displayed in any manner that implies sponsorship or endorsement
by PayPal. PayPal is a payment service, and no partnership, joint
venture, employee-employer or franchiser-franchisee relationship
is intended or created by this Agreement.


Miscellaneous Disclaimers.


PayPal reserves the right to hold funds beyond the normal
distribution periods for transactions it deems suspicious to
ensure integrity of the funds.


PayPal shall not be responsible for payments made to unintended
Recipients or for payments made in incorrect amounts due to the
input of incorrect information by Senders.


Verification of Users is only an indication of increased
likelihood that a User's identity is correct. PayPal shall not be
responsible for any fraud, deception or misrepresentations by
Users, whether or not the User is Verified. However, PayPal's
Buyer Complaint Program, described below, will seek to assist
Users who may be the victims of fraud if they report the problem
promptly.


PayPal shall not be obligated to pay a User for any Payments for
which PayPal has not been fully paid by the Sender's credit card
issuer or bank, as applicable.


PayPal will not have any liability in connection with any
unauthorized interception or use of data relating to you or the
PayPal service; any inability by you to use or access the service
or the PayPal website for any reason; any actions or transactions
by an individual that uses your user name and password with your
consent or knowledge; or any cause over which PayPal, Inc. does
not have direct control, including problems attributable to
computer hardware or software (including computer viruses),
telephone or other communications, or Internet service providers.


In no event shall PayPal be liable (A) for damages caused other
than by intentional misconduct or (B) for any indirect, special,
incidental, consequential or punitive damages whatsoever
(including, but not limited to, damages for lost profits,
disclosure of confidential information, or loss of privacy),
arising out of or in any way related to your use of or inability
to use the Service or the PayPal website, even if PayPal, Inc. has
been advised of the possibility of such damages. In no event shall
PayPal, Inc. be liable for any act or omission of any third party
(such as, for example, any provider of telecommunications
services, internet access or computer equipment or software) or
any circumstances beyond our control (such as, for example, a
fire, flood, or other natural disaster, war, riot, strike, act of
civil or military authority, equipment failure, computer virus, or
failure or interruption of electrical, telecommunications or other
utility services).


PayPal reserves the right to require Users who receive payments
through PayPal and operate with high chargeback rates or otherwise
present a relatively high risk of losses to choose between closure
of their PayPal account or entering into an additional agreement
addressing such risks, which may include higher fees.


Security Features. PayPal strongly suggests that you use a web
browser with 128-bit encryption. For more information on security,
please visit the Security Center. However, regardless of whether
you use a web browser with security features, PayPal is unable to
guarantee that data transmitted is secure and/or will not be
intercepted by third parties.
VI. Electronic Fund Transfer Rights and Error Resolution
It is very important that you contact us at once if you believe
your user ID or password has been compromised, or if someone has
transferred or may transfer money from your account without your
permission. Under applicable banking regulations, the extent of
your liability for an unauthorized transaction is largely
determined by your promptness in notifying us or your bank if
someone has gained access to your password, or if a transfer or
withdrawal in your monthly statement is incorrect or unauthorized.
Notifying us quickly limits your liability:


If you notify us within two business days after you learn that
your password or other means to access your account may have
become known by an unauthorized person, you can lose no more than
$50.00 if an unauthorized person uses your password or other means
to access your account without your permission to initiate a
transaction. If you do not notify us within two business days, and
we can prove that we could have stopped someone from using your
password or other means to access your account without your
permission if you had told us, you could be liable for as much as
$500.00.


You can inspect your transaction history at any time by logging in
to your account on the PayPal website. If your transaction history
shows electronic funds transfers that you did not make or
authorize, notify us at once. If you do not notify us within 60
days after receiving notice, you may not recover any money you
lose after the 60 days if we can prove that we could have stopped
someone from taking the money if you had notified us in time. If a
good reason (such as a long trip or hospital stay) kept you from
notifying us, we may extend the time periods.


In case of unauthorized transactions, payment problems, errors or
questions about your account, you should notify PayPal through
application messaging or e-mail. You must: 1) Tell us your name
and primary email address; 2) Describe the error or the
transaction you are unsure about, and explain as clearly as you
can why you believe it is an error or why you need more
information; and, 3) Tell us the dollar amount of the suspected
error. If you tell us by telephone, we may require that you send
your complaint in writing within ten (10) business days. We will
tell you the results of our investigation within ten (10) business
days after we hear from you, and will correct any error promptly.
If we need more time, however, we may take up to forty-five (45)
calendar days to investigate the complaint or question. If we
decide to do this, we will provisionally credit your transaction
account within ten (10) business days for the amount you think is
in error, so that you may have the use of the money during the
time it takes us to complete our investigation. If we ask you to
put your complaint or question in writing and we do not receive it
within ten (10) business days, we may not provisionally credit
your transaction account. If we determine there was no error, we
will mail you a written explanation within three (3) business days
after we finish the investigation. You may ask for copies of
documents which we used in our investigation. We may revoke any
provisional credit provided to you if we find that an error did
not occur.
VII. Consumer Protection Programs
In general. PayPal's consumer protection programs, consisting of a
Buyer Complaint Policy and a Seller Protection Policy as defined
below, are designed to try to help buyers recover funds from
sellers who do not ship the promised goods, and to reduce the risk
of chargebacks for sellers who follow specified risk-reduction
procedures. The Seller Protection Policy is also designed in part
to reduce fraud by encouraging users of the PayPal service to
become Verified, as described above. Verification, in conjunction
with our other proprietary authentication methods, lowers our
company's financial risk and allows us to provide the consumer
protection policies listed below.


Buyer Complaint Policy


General. If you pay a seller who does not ship the promised goods,
you should first contact the seller and attempt to resolve the
dispute. If you are unable to resolve the dispute in this manner,
you should then file a Buyer Complaint Form with PayPal as soon as
possible. The Buyer Complaint Form may be found by going to the
"Security Center" link in the footer of any page on the PayPal
website.

PayPal will investigate your claim, contact the seller and, if the
seller does not present appropriate proof of shipment, a full
refund or other evidence of a satisfactory resolution, PayPal will
seek to collect the amount you paid from the seller. PayPal may
also restrict the seller's PayPal account. You and other buyers
who file claims against the same seller will be entitled to the
return of any and all funds PayPal is able to collect from the
seller, on a first-come, first-served basis for funds received by
PayPal prior to the restriction of the seller's account. RECOVERY
OF YOUR CLAIM IS NOT GUARANTEED.

Complaints must be filed no later than 30 days from the date of
payment. PayPal will seek to resolve the complaint within 30 days
of the date the complaint is filed, though such time frame may be
extended, if appropriate, to accommodate the investigation.


Additional Protection for eBay Auctions. For purchases made on
eBay using PayPal, PayPal offers additional protection to domestic
Users who pay a Verified seller but do not receive their goods.
This additional protection is not available for International
Users. If PayPal is unable to recover all of your funds through
our investigation of a qualifying dispute, you may file a claim
under eBay's Insurance Claims process (an "eBay Claim"). If your
eBay Claim is granted but does not cover the full amount of your
loss, PayPal will reimburse you for up to $200 of additional
losses, whether or not PayPal is able to recover such funds from
the seller.

In order to receive this additional protection, you must file a
Buyer Complaint Form with PayPal no more than 30 days after the
eBay transaction, following the same process outlined in (i)
above. You may file your eBay Claim at any time, but eBay is
likely to require you to obtain a determination from PayPal before
they will process your claim. If and when your eBay claim is
granted, you must contact PayPal customer service no more than 30
days after the grant date. You will need to provide PayPal with a
copy of the eBay Claim that you filed and satisfactory evidence
that your eBay Claim was granted. PayPal may also require
additional documentation as proof of your identity. PayPal will
reimburse you for up to $200 of additional losses not covered by
the eBay claim within 30 days of the date you provide evidence
that your eBay Claim was granted. This time frame may be extended
if necessary to ensure the accuracy of the claim.

This Additional Protection does not apply to disputes about the
quality or attributes of delivered goods, goods that have been
lost in the mail as shown by seller's presentation of proof of
shipment, payments for services, payments to Unverified sellers,
or a seller's failure to deliver intangible goods. In order to be
eligible for the eBay Additional Protection, you must have paid
for the undelivered goods with a single payment from a single
PayPal account. The seller's Verification status will be displayed
to you on the PayPal website when you confirm the details of your
transaction, giving you the opportunity to cancel the transaction
prior to sending payment if you do not want to pay an Unverified
seller.


Seller Protection Policy


General. PayPal agrees to indemnify sellers of physical goods from
chargeback liability resulting from a buyer's unauthorized use of
a credit card and/or false claims of non-shipment of goods. This
protection applies to up to $5,000 per year of payments received
by the seller through PayPal if the following conditions are met:


The seller has a Verified Business or Verified Premier Account
(U.S.). Note: While International sellers may have a status of
International - Verified, they do not qualify for and are not
protected by the Seller Protection Policy and therefore may be
responsible for any reversals made due to fraudulent funds.


The seller ships to the buyer's Confirmed Address.


The seller can provide reasonable proof-of-shipment which can be
tracked online. This documentation must show that you shipped to
the Confirmed Address. (Most U.S. carrier companies offer this
service, including the U.S. Postal Service.) Because comparable
proof-of-shipment is not currently available for electronically-
delivered items, we are currently unable to offer Seller
Protection for digital goods and other electronically-delivered
items.


The seller accepted a single payment from only one PayPal account
for the purchase. (Multiple payments from different accounts for a
single item are a fraud indicator. Sellers should not accept such
payments.)


The seller ships to a domestic (U.S.) buyer at a U.S. address.


The seller cooperates in resolving disputes by responding in the
following time periods: When a complaint occurs, the seller must
provide complete information within 7 days of a request from
PayPal. However, if PayPal is required by the credit card
association to respond immediately to resolve a chargeback,
sellers must provide the information within 3 days. PayPal will
indicate the response time required in the e-mail message sent to
the seller.


If you do not qualify for the Seller Protection Policy. When you
receive funds through PayPal, if the sender's transaction is
reversed for any reason and you do not qualify for the Seller
Protection Policy for that transaction, you will owe PayPal for
the amount of the reversed transaction plus any fees imposed on
PayPal as a result of the reversal. You agree to reimburse PayPal
from either your PayPal account or by other means as described in
Section IV.2 under "Receipt of Payments."


Confirmed Addresses. PayPal prompts buyers to provide sellers with
a Confirmed Address when making a purchase. A Confirmed Address is
either an address at which a User receives his or her credit card
statements, and is checked by PayPal with the User's credit card
issuer, or an address which PayPal has confirmed through the
verification of other official documents. Shipping to this address
minimizes the risk of being paid by a fraudulent buyer. If a buyer
does not provide a Confirmed Address, the seller must either
refuse the payment and ask that the buyer provide a Confirmed
Address, or accept the chargeback risk in shipping the item
outside of this Seller Protection Policy. Tools for Premier and
Business Accounts to automatically refuse to accept payments where
the buyer chooses not to share his Confirmed Address can be found
on the "Preferences" page of the "Profile" subtab of the "My
Account" tab.


Credit Card Transactions: The Buyer Protection Policy does not
replace or reduce any other consumer rights Users may have,
including chargeback rights that may be granted by a User's credit
card issuer. PayPal is the merchant of record with respect to all
credit card transactions through the PayPal service to purchase
goods or services. As such, we afford customers the rights and
privileges expected of a credit card transaction. You acknowledge
that PayPal does not control the outcome of any chargeback
decision initiated through a User's credit card issuer.

PayPal encourages all buyer purchase disputes to be filed and
resolved through the PayPal dispute resolution process, and
reserves the right to terminate or restrict account privileges of
buyers who file chargeback complaints without attempting to
resolve the complaints through PayPal. If a chargeback claim is
initiated, whether as a result of a dispute or for any other
reason, the parties agree to provide to any requesting party on a
timely basis any and all necessary documentation to resolve any
chargeback or dispute. PayPal DOES NOT act as the agent of either
party in any transaction or resulting dispute, though PayPal does
control the outcome of disputes initiated through the Service's
dispute resolution process.

If you receive funds through a PayPal transaction funded with the
sender's credit card, in the event the credit card transaction is
charged back and you do not qualify for the Seller Protection
Policy, you agree to hold PayPal harmless for the chargeback
amount and to reimburse PayPal from either your PayPal account or
by other means.
VIII. Additional Terms of Use for Premier and Business Accounts

The terms below apply specifically to the use of Premier and
Business Accounts through the Service and any related products and
services (collectively, the "Premier/Business Service").
Account Information. In addition to the terms listed above, you
further agree that PayPal may access and disclose information
about you or your use of the Premier/Business Service when PayPal
deems such action necessary or appropriate to comply with the law
or legal process, to protect PayPal's systems and customers, or to
ensure the integrity and operation of PayPal's business and
systems. Unless otherwise prohibited by law, such disclosure may
include, without limitation, user profile information (e.g., name,
e-mail address, etc.), transaction information, IP address and
traffic information, and usage history.


Contact and Refund Information. Each user of the Business Service
will be required to input its customer service contact information
into the Business Account application upon registration. You agree
to clearly identify your customer service contact information,
including but not limited to your business name, address,
telephone number, fax number and e-mail address. You further agree
to update such information to keep it true, accurate, current, and
complete. You agree to clearly disclose your refund policies on
your website.


Taxes. Each user of the Business Service is required to provide
its Taxpayer Identification Number (TIN) upon request. It is your
responsibility to determine what, if any, taxes apply to the
payments you make or receive and to collect, report and remit the
correct tax to the appropriate tax authority. PayPal is not
obligated to determine whether taxes apply, and is not responsible
to collect, report, or remit any taxes arising from any
transaction.


Account Use. By accepting the terms as outlined in this Agreement
and using your Premier or Business Account, you attest that you
hold all the necessary licenses to engage in the advertising and
sale of the goods and services offered for sale or use through
your Premier or Business Account, and that you do not provide
unlawful or illicit products or services. You will not use the
Business Service, the website or any of the services offered
therein for any unlawful, fraudulent or improper activity. If
PayPal has reason to believe that you may be engaging in or have
engaged in fraudulent, unlawful, or improper activity, including
without limitation any violation of any terms and conditions
relating to the Premier/Business Service, the website or any
related services, your access to the Service may be suspended or
terminated. You will cooperate fully with PayPal to investigate
any suspected unlawful, fraudulent or improper activity.


Fees. PayPal's current Fee Schedule for using the Premier/Business
Service is posted on the website. Unless otherwise stated, all
fees quoted are in U.S. dollars. Users are responsible for paying
all fees associated with the use of their Premier or Business
Accounts and the Premier/Business Service.


Reserve Account in Case of Closure. If you or PayPal close your
account, PayPal may retain a portion of any funds it holds in
custody for you, based on your transaction history, as a reserve
to the extent reasonable to protect PayPal against the risk of
future chargebacks of transactions occurring prior to such
closure. PayPal will pay you the balance of any such reserve 120
days after closure.


Permission Levels:


Eligibility: All Business Accounts are eligible for the permission
levels feature. Premier accounts are not eligible.


Definitions:


Primary Login: the individual who set up the PayPal business
account. The Permission Levels feature enables the Primary Login
to assign users various access rights to the account. The Primary
Login is also referred to as the System Administrator.
Secondary Logins: a Secondary Login is a unique individual who has
specific access to a PayPal business account, as determined by the
Primary Login.



Abilities and Obligations of Primary Login:


The Primary Login is the only member on the account capable of
setting up Secondary Logins with their specific access privileges.


The Primary Login determines which individuals within his or her
company or organization have particular access privileges to the
company or organization's PayPal Business Account.


The access privileges the Primary Login can choose for each login
may include the ability to send money, the ability to make mass
payments, the ability to request money, the ability to add or
withdraw funds, the ability to cancel payments, the ability to
view balances and/or profiles; and/or the ability to edit the
profile. The access privileges available to Primary Logins on
behalf of Secondary Logins may not include all access privileges
available to the Primary Login, such as Email, Account Closure,
Auto Sweep and Debit Card. The availability of privileges is
subject to change at any time by PayPal.


The access level granted determines which actions the Secondary
Login can successfully complete. If the Secondary Login does not
have any access privileges selected, the default access is read-
only.


The Primary Login is the only user on who can see all the
usernames on the account and the accesses, if any, granted to each
user.


The Primary Login has the affirmative obligation to monitor the
PayPal Business Account for any unusual activity and to take the
necessary action to prevent problems. These affirmative
obligations include the obligation to remove usernames of Other
Logins and/or to change the access privileges of Other Logins.


The Primary Login may recover their password using PayPal's normal
password recovery procedures.


Recovering or resetting passwords for a Secondary Login is the
responsibility of the Primary Login. The Primary Login will reset
the password in the following circumstances, but not limited to:


Secondary Login forgets password.


Secondary Login locks access to his/her login because of
consecutive failed login attempts.


Abilities and Obligations of Secondary Logins


Secondary Logins must access the Business Account using the
username and password generated by the Primary Login.


If a Secondary Login attempts to conduct a transaction not
authorized by the Primary Login, he or she will receive an error
message indicating that he or she is not authorized to conduct the
transaction.


Limitation on Liability: Because the Permission Levels Feature
allows more than one user access to a PayPal Business Account,
certain risks may be created. You will work diligently to avoid
these risks. Under no circumstances shall PayPal be liable to you
or to any other person for any indirect, incidental, consequential
or punitive damages arising out of or relating to your use of this
feature, nor shall PayPal be liable for any unauthorized usage or
other damage caused by the Secondary Logins or as a consequence of
multiple access to the PayPal Business Account. The Primary Login
agrees to indemnify and hold PayPal harmless for any harm that may
result from multiple access to his or her account. The Primary
Login holds the sole responsibility of determining the type of
access to give each Secondary Login, and the sole responsibility
to monitor activities occurring in the PayPal account. If any
changes to a login's access are needed it is the responsibility of
the Primary Login to increase or decrease the access privileges.
If any unauthorized activity takes place because of access granted
to a Secondary Login, the Primary Login is responsible for the
charges and/or losses. By accepting this User Agreement and using
the Permission Levels Feature, YOU AFFIRMATIVELY AGREE TO HOLD
PAYPAL HARMLESS FROM ANY LOSSES OR OTHER DAMAGE WHATSOEVER
INCURRED AS A DIRECT OR INDIRECT CONSEQUENCE OF ACCESS TO YOUR
ACCOUNT BY OTHER LOGINS AND YOU AGREE TO INDEMNIFY PAYPAL FOR ANY
HARM THAT ARISES AS A DIRECT OR INDIRECT CONSEQUENCE OF YOUR USAGE
OF THIS FEATURE.
IX. Additional Terms of Use for PayPal Shops

The terms below apply specifically to use of the PayPal Shops
feature, which enables Users to display information about their
website to other Users through the www.paypal.com website.
Accuracy of website registration information. All information you
provide at the time of PayPal Shops registration must be truthful,
including the website's title, description, category, and all
other requested information. If any change occurs in your PayPal
Shops registration information, you must promptly update the
information through the PayPal website. Failure to comply will
result in the removal of any mention of your website from the
PayPal website, and may result in permanent ineligibility from
registering a website with PayPal. Provision of deceptive
information may result in the locking or closing of your PayPal
account. You grant PayPal the right to access your site through
manual observation or automated "spidering" or other automated
search techniques in order to confirm the accuracy of your
registration information. PayPal is under no obligation to monitor
the accuracy of your site.


Eligibility.


Domestic Users. Domestic Users who meet the following conditions
are eligible to register a website in PayPal Shops:


The User has a Verified Premier or Business
The User maintains a registered credit card with their PayPal
account.
The User has opened a PayPal Money Market Reserve Fund account.

If at any time the owner of a registered Shop no longer meets one
or more of the requirements listed above that website will cease
to be listed in the PayPal Shops directory.


International Users. International Users who meet the following
conditions are eligible to register a website in PayPal Shops:


The User has an International-Verified Premier or Business
Account.
The User has registered and confirmed a credit card.
The User has been in the PayPal system for no less than 90 days.
The User has a Seller Community Participation Number of at least
10.

If at any time the owner of a registered Shop no longer meets one
or more of the requirements listed above, that website will cease
to be registered with PayPal and listed in the PayPal Shops
directory.


Website must accept PayPal payments. This website must accept
PayPal payments. If an investigation of your website shows that it
does not accept PayPal payments, it may be removed from the PayPal
Shops Directory. You may re-register your website for PayPal Shops
when it accepts PayPal payments.


Other. By registering for PayPal Shops, you grant PayPal the right
to run a credit check on you or your business at any time. PayPal
reserves the right to remove the listing of any website from the
PayPal Shops directory at any time, for any reason.


License to Use Your Information. You remain the owner of the
Website registration information that you provide to PayPal, but
by providing such information to PayPal, you are granting PayPal
permission to use the information in connection with the PayPal
Shops service. Specifically, you grant PayPal a non-exclusive,
worldwide, perpetual, royalty-free license to copy, publish and
display your Website registration information on the PayPal
website or in e-mail messages related to your PayPal transactions,
subject to compliance with PayPal's Privacy Policy. This license
will end upon termination of your membership in PayPal Shops,
whether such termination is caused by you or by PayPal.


No Endorsement. PayPal's presentation of website registration
information is not an endorsement of the website or of any goods
or services offered on the website. Any attempt to state or imply
PayPal's endorsement of your goods or services constitutes grounds
for immediate termination of your participation in PayPal Shops.


No Illegal Websites or Websites which violate the PayPal Shops
Allowable Goods and Services Guidebook. You may not register a
website that promotes or facilitates illegal actions, including
but not limited to the sale of goods or services that infringe on
the intellectual property of a third party. You also may not
register a website that violates the rules outlined in the PayPal
Shops Allowable Goods and Services Guidebook. Any such
registration constitutes ground for immediate termination of your
participation in PayPal Shops and immediate closure of your PayPal
account.


No Framing. Because PayPal members are warned never to enter their
PayPal account password into any page whose URL does not begin
with https://www.paypal.com/, the use of "framing," where a 3rd
party site displays a portion of the PayPal website inside a
webpage whose URL is not https://www.paypal.com/, is prohibited.


Shopping at Websites Registered with PayPal. Website registration
information is provided by the owner of the website, and PayPal is
not responsible for any errors or misrepresentations in such
information. PayPal specifically disclaims all warranties with
respect to website registration information, including but not
limited to the warranty of merchantability and the warranty of
accuracy of informational content. PayPal does not guarantee any
level of security in shopping at third-party websites registered
with PayPal, nor does PayPal guarantee the quality of goods or
services offered on these websites. For more information on
security in Web shopping, please visit our Security Tips page.


Fees. Placement in PayPal Shops is currently free. Fees may be
introduced in the future, but no changes will be made without
first notifying you.
X. PayPal MasterCard™ ATM/Debit Card Terms of Use
Eligibility. At this time, the PayPal MasterCard ATM/Debit Card
(the "Debit Card" "ATM/Debit Card" or the "Card") is offered to
U.S. PayPal users only. Users that are offered a debit card will
need to complete the following application requirements, if they
have not already done so:


Have been a PayPal member for at least 60 days
Have registered a credit card where the monthly statement is sent
to a physical street address (not a P.O. Box). PayPal will only
mail the Debit Card to this address; periodic statements and
transaction information will be available on the PayPal website
and not by mail.
Have linked a bank account to their PayPal account and verified
control of the bank account
Have opened or upgraded to a Premier or Business account
Upon review by our Account Review department are deemed as being
an active member in good standing within the PayPal community.


Obtaining and activating your ATM/Debit Card.


PayPal retains the sole discretion to accept or reject any
application for a Debit Card. If your application is accepted, it
will take between 2-4 weeks to process your request and mail the
Debit Card to your address. For security reasons, we will only
send the card to your Primary credit card billing address.
Once you receive your card in the mail, you can activate your card
by logging into www.paypal.com and following the instructions at
the "Activate Debit Card" link on the Account Overview page,
including selection of a Personal Identification Number (PIN).


Using your ATM/Debit Card


Using your card at an ATM. You may use your Debit Card at any ATMs
which are a part of the MasterCard/Maestro/Cirrus ATM network. ATM
withdrawals are available up to the daily authorization limits
disclosed in Section 5 below, provided the available balance in
your PayPal Account (including your Money Market Reserve Fund) is
greater than or equal to the amount requested. You may use your
Debit Card at such an ATM to perform the following types of
transactions:


Withdraw cash from your PayPal Account
Find out your PayPal Account balances

Note: A specific ATM terminal may not perform or permit all the
above transactions. Each Debit Card may only be linked to a single
PayPal account. To withdraw cash from your PayPal account, choose
"Checking Account" when given the option at an ATM.


Using your card to pay for purchases. You may use your Card to
purchase goods and services from merchants that accept MasterCard,
up to the available balance in your PayPal Account, and subject to
the transaction limits specified in Section 5 below. Purchases
made with your Card will be charged against your PayPal Account
balance.


Fees and Rebates


Using your card at an ATM. PayPal charges a $1.00 ATM fee when you
make a cash withdrawal. In addition, ATM transactions may be
subject to a surcharge assessed by the terminal owner. PayPal has
no control over these surcharge fees.


Using your card to pay for purchases. There is no fee to use your
card to make purchases at merchants that accept MasterCard. In
addition, if you join our PayPal Preferred Rewards Program, you
will earn 1.5% cash back on qualifying debit card purchases. See
the section below for details.


PayPal Preferred Rewards / 1.5% cashback


Purchases that qualify: The PayPal Preferred Rewards program
provides 1.5% cashback for all PayPal MasterCard Debit Card
purchases that do not require a PIN. Most transactions do not
involve a PIN, such as restaurant bills or paying online.

Many merchants that do ask for a PIN (e.g. at gas stations or
grocery stores) offer you the option of choosing 'Credit' or
'ATM/Debit' when making a transaction. To qualify for the 1.5%
cash back, you must choose 'Credit'. Even though you choose
'Credit,' the transaction will be processed as a debit to your
PayPal balance, not as a loan of any kind.


Eligibility. To be eligible for PayPal Preferred Rewards, you must
complete the following requirements:


Obtain and activate a PayPal MasterCard Debit Card.
Sell on eBay regularly and confirm your eBay information with
PayPal.
Show PayPal in all of your eBay auction listings as the only
online payment option that you advertise.


Promotion Period: PayPal reserves the right to change the PayPal
Preferred Rewards program. PayPal will announce any changes to the
program 4 weeks in advance in the Policy Updates section of the
Account Overview page.


Other Terms and Conditions

Limitations On The Number And Dollar Amount Of Card Transactions.
Your Card transactions will be subject to daily limits, ranging
from $200 to $400 for ATM cash withdrawals / $500 to $3000 for
purchases. Your specific limits are determined by your time in the
system and your transaction history, and may increase
automatically over time. Should you need higher limits
immediately, you may upgrade to our highest limits by becoming
PayPal Preferred (see Section 4 above). PayPal Preferred members
will be subject to daily limits of $400 for ATM/Cash Advance and
$3000 for purchases. To check your specific daily limits, login to
PayPal and click the "View Limits" link in the Account Overview
page. If you reach your daily limit, for fraud prevention
purposes, you may not be able to complete additional transactions
on that day and the following day. This restriction should be
lifted within a day.

Benefits of a PayPal/MasterCard Premier BusinessCard. Both Premier
and Business Accounts will be eligible for a PayPal / MasterCard
Premier BusinessCard. This card has additional features and
benefits that are entirely free to the cardholder and are not
available on standard consumer cards. Please see the MasterCard
Guide to Benefits (.pdf, 85 KB). If you are not a business and
want a regular PayPal / MasterCard Debit Card, please contact us
using this form. One of our Debit Card Support Representatives
will process your request and mail the card to you.

Expiration. Unless otherwise stated on your Card and in your Card
activation materials, the Card will expire 2 years from the month
it was issued.

Foreign Transactions. If you use your Card to obtain cash or to
purchase goods or services in another country, the amount of the
charge in foreign currency will be converted to a U.S. dollar
amount by the MasterCard network. In making this conversion, the
network will use the procedures set forth in its operating
regulations. Conversion to U.S. dollars may occur on a date other
than the date of the transaction; therefore, the currency
conversion rate may be different from the conversion rate in
effect on the transaction date. You acknowledge that PayPal does
not determine the currency conversion rate that is used, and we do
not receive any portion of the currency conversion rate.

Preauthorization Holds. When you use your Card at a point of sale
location or when you use the MasterCard or other network
enhancement feature of the Card to obtain goods or services or to
obtain cash from a merchant, the merchant may attempt to obtain
preauthorization from us for the transaction. If the merchant
makes such a request, we place a four-calendar day hold on your
PayPal account for the amount of the preauthorization request
(which may vary in some cases from the amount of the actual
purchase, depending on the merchant) If the preauthorization
request varies from the amount of the actual transaction, payment
of the transaction may not remove the hold, which will remain on
the account until the fourth calendar day after the request. This
hold may affect the availability of funds from your PayPal Account
to pay for transactions. We will not be responsible for any
damages if any transactions are not completed because of the hold.

Your Right To Receive Documentation Or Notice Of Transactions.
TELL US AT ONCE if you believe your Card or any other Access
Device has been lost or stolen or if you think your PIN or
Password is no longer secure or confidential. Please login into
www.paypal.com and report your card as Lost / Stolen in the
"Profile" section. Reporting the card Lost / Stolen on the site is
the best and fastest way of keeping your possible losses down.

If you tell us within two days after you learn of the loss or
theft, you are covered on MasterCard's Zero Liability policy
someone used your Card or other Access Device without your
permission. If you do NOT tell us within two business days after
you learn of the loss or theft of your Card or other Access
Device, and we can prove we could have stopped the unauthorized
transactions if you had told us, you could lose as much as
$500.00. Also if your on-line statement shows transactions that
you did not authorize, TELL US AT ONCE. If you do not tell us
within 60 days after the Periodic Notice is transmitted to you,
you may not get back any money you lost after the 60 days if we
can prove that we could have prevented the transactions if you had
told us in time. A transfer is not considered unauthorized, and
you will be fully liable, if you have given a person your Personal
Identification Number (PIN) or debit card.

If a good reason (such as a long trip or a hospital stay) kept you
from telling us about unauthorized transactions, let us know and
we will extend the time periods if and as appropriate. You may
also have additional rights under the MasterCard Zero Liability
program.

To protect yourself from losses, you should not reveal your
Password, PIN, or any other Access Device to any person not
authorized by you to use your PayPal account; not write your PIN
or Password on your Card or on any item kept with your Access
Devices; and not leave a computer terminal unattended after you
have logged in using your Password or other Access Device.
Personal Identification Number/Your Electronic Signature Your
personal identification number (PIN) is a security code, which has
been designed to protect your transaction account against
unauthorized use. The PIN provides enhanced security for your
account and must be used when making transactions to your account.
It is your electronic signature. Since the PIN is for security
purposes, you should memorize it and it should not be disclosed to
anyone. You can change your PIN at any time, and a temporary hold
can be placed on your account if the PIN has been compromised or
if your card is lost or stolen. Maintaining the security of your
PIN and card is your responsibility.

Ownership Changes If you authorize an ownership or name change on
your account, it will be your responsibility to destroy your old
PayPal Debit Card, as well as obtaining a new Personal
Identification Number (PIN), or you may be liable for any losses
which may occur.

Termination. We may terminate debit card services, in whole or in
part, without advance notice, due to your default, account
downgrade, our decision to terminate our debit card business, or
as a security precaution. If you or we cancel this Debit Card
Agreement you must surrender or destroy your Card or any other
Access Device issued to you. Depending on the circumstances, we
will attempt to give you prior notice, but this may not be
possible in all cases.

In Case Of Errors Or Questions About Your Electronic Transfers.
Telephone Customer Service at (402) 935-2017, contact us using
this form, or write PayPal Customer Service Attn: Debit Card
Operations Department at P.O. Box 45950, Omaha, NE 68145-0590 as
soon as you can if you think your statement is wrong or if you
need more information about a transfer shown on the statement. We
must hear from you NO LATER than 60 days after the problem or
error has appeared on your on-line statement. In your
communication to us, be prepared to provide us with the following
information:


Your name and Account number.
A description of the error or the transfer you are unsure about,
why you believe it is an error or why you need more information.
The dollar amount of the suspected error.

What We'll Ask You
If you initially provide this information to us via the telephone,
we may require that you send your complaint or question in writing
within 10 business days. We will advise you of the results of our
investigation within 10 business days after we hear from you (20
business days for transactions at a point of sale terminal or
outside the United States) and if we have made an error, we will
correct it promptly. If we need more time, however, we may take up
to 45 days to investigate your complaint or question (90 days for
transactions at a point of sale terminal or outside the United
States). If we decide to do this, we will provisionally re-credit
your Account within 10 days for the amount you think is in error,
so that you will have use of the money during the time it takes us
to complete our investigation.. If we ask you to put your question
or complaint in writing and we do not receive it within 10
business days, we may not provisionally re-credit your Account.

At the end of our investigation, we will advise you of the results
within three (3) business days. If we determine that there was no
error, we will send you a written explanation and we may debit any
provisional credit, any fees, and/or interest provisionally
credited in relation to the alleged error. You may ask for copies
of the documents that we used in our investigation.

Our Liability For Failure To Complete Transactions. If we do not
complete a Card transaction on time or in the correct amount,
according to our agreement with you, we will be liable for your
losses or damages proximately caused by this failure. However,
there are some exceptions. For instance, we will not be liable if:


Through no fault of ours, you do not have enough available funds
in your PayPal Account to make the transaction.
The automated teller or cash dispensing machine does not have
enough cash.
Any terminal or system was not working properly and you knew about
the breakdown when you started the transaction.
Circumstances beyond our control (such as fire or flood) prevent
the transaction, despite reasonable precautions that we have
taken.

Confidentiality. We will disclose information to third parties
about your Card account or the transactions you complete with the
Card only in accordance with our Privacy Policy, including:


In order to process and complete your transactions, including
verifying the authenticity of the transaction;
In order to comply with government agency or court orders,
including proper requests from law enforcement agencies, or to
conduct investigations of fraud or violations of our Terms of Use;
or
If you give us your written permission.

Please see our Privacy Policy for a complete description of our
use and protection of your Account information, including our use
of cookies.

What Constitutes a Business Day PayPal's business days are Monday
through Friday. Saturday, Sunday, and Holidays are not considered
business days.

International and U.S. Territory Availability: The PayPal
ATM/Debit Card is available only to U.S. members with an address
in the 50 states. Over the course of 2002, PayPal intends to make
cards available to select users residing outside the U.S. or in
U.S. territories.

Retrieval Requests: Upon written request, copies of documentary
evidence of transactions on your PayPal Debit card account are
available for income tax and other purposes at a cost of $10.00
per item. As long as the computer you use to access your PayPal
account is connected to a functioning printer, you can always
print out your transaction history, or the details of a specific
transaction, without any additional charge. We will not charge you
for documentation obtained in connection with a good faith
assertion of error in connection with your PayPal Debit card.

"Virtual" MasterCard Debit Card Number: If you are a U.S. account
holder with a registered Credit Card and money in your account,
you have the option to redeem your funds by making an online
purchase at any major internet retailer (e.g. Amazon.com). The
Shop Anywhere / PayPal Debit Bar feature allows you to spend your
PayPal balance at online stores. You will be issued a 16-digit
"virtual" MasterCard debit card number and an expiration date,
which together can be used to access the balance of your PayPal
account at online merchants that accept MasterCard. For your
security, the spending limit on the virtual debit card is $150 per
day.

The 16-digit Virtual Debit Card is different from a plastic (i.e.,
"real") PayPal MasterCard ATM/Debit Card (See Section 1 above).
The PayPal ATM / Debit Card will bear a different 16-digit account
number and expiration date and will allow you to use your PayPal
balance for payment in offline transactions, as well as ATM
withdrawals.



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