PayPal Amendment in Payment Policy
Posted by : Dexter Panganiban |You are invited to have my FREE RSS Feeds or you may Subscribe to me via email for latest information in this website.
Be careful since starting November 5, 2008 there will be a policy change for PayPal, If PayPal will see that your PayPal payments came from gambling , all your payments will not be approved. So be very careful about this or your money will be forfeited .
Amendment to the PayPal Acceptable Use Policy
Effective Date: November 5, 2008
Beginning November 5, 2008 the PayPal Acceptable Use Policy is being amended as follows:
Section 5 is being revised to include activities with an entry fee and a price, including games of skill and sweepstakes. The new language is as follows:
Prohibited Activities
You may not use the PayPal service for activities that:
"5. involve gambling, gaming and/or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, horse or greyhound racing, lottery tickets, other ventures that facilitate gambling, games of skill (whether or not it is legally defined as a lottery) and sweepstakes unless the operator has obtained prior approval from PayPal and the operator and customers are located exclusively in jurisdictions where such activities are permitted by law."
Just a friendly reminder if you are not yet a PayPal Member you better head over here and accept Funds from Blogging Earnings
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