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PayPal Amendment in Payment Policy

Posted by : Dexter Panganiban on October 12, 2008 | ; Filed Under Uncategorized

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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Tags: Legal, Policy, Sports

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Dexter is a person that love technology,new gadget, SEO, Social Media and Christianity. Follow him at twitter via @techathand and add him @ Google+ and contact us at admin@techathand.net

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