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PayPal Policy updates for July 27, 2017 - rights as applied to a negative balance

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  • PayPal Policy updates for July 27, 2017 - rights as applied to a negative balance

    PayPal

    There is not a lot of note in the new PayPal policy updates that take effect in July 2017, but this one:

    We are clarifying our rights that apply when your PayPal account has a negative balance. If you continue using your PayPal account when it has a negative balance, you authorize PayPal to combine the negative balance with any debit or transaction sent from your account when that combination is disclosed to you in advance of initiating the debit or transaction.

    implies that they will have additional rights to, so to speak, garnish your PayPal transactions if you leave your balance in the red.
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