All changes and updates to legal agreements are highlighted in italics on this page. This highlight aims to ensure better traceability of the changes and updates applied. This User Agreement will apply to all users as of November 9, 2020. Arbitration is more informal than legal action. Arbitration uses a neutral arbitrator or arbitrator instead of a judge or jury, and judicial review of an arbitral award is very limited. However, the arbitrator(s) may award, on an individual basis, the same compensation and relief that a court may award to a person. The arbitrator(s) must also comply with the terms of this User Agreement, as a court would. All matters fall within the jurisdiction of the arbitrator or arbitrator, except that matters relating to the capacity to arbitrate, the extent or application of this arbitration agreement or the interpretation of the “Prohibition of Class and Representative Actions” section and non-individualized remedies are the subject of a court of competent jurisdiction. You should read and understand the PayPal Purchase Protection Program, Venmo`s Protected Purchase Program, and if you sell goods and services to buyers who have PayPal accounts in countries other than your own, you should also be familiar with the purchase protection available to buyers in each of those countries. Buyers` rights under these programs may affect you as a seller. You can find information about PayPal protection programs on the Legal Agreements page by choosing your buyer`s location at the top of the page and referring to the corresponding user agreement.
Information about Venmo`s Protected Purchase Program can be found in the Venmo User Agreement. PayPal sent a notice to users to inform them of upcoming changes to the PayPal User Agreement. Most of these changes will come into force on July 31, 2020, unless otherwise noted. Only if you own a pp Cash Card debit card, see the following text of the new User Agreement: If a proceeding is brought by or against you pursuant to a provision of the U.S. Banking Code as amended or under another bankruptcy or insolvency law, we are entitled to recover all reasonable fees or expenses (including reasonable attorneys` fees and expenses), that have been created in connection with the application of this User Agreement. You may not transfer or assign any rights or obligations you have under this User Agreement without the prior written consent of PayPal. . . .