PayPal Account Optional

Last Update: May 11, 2009

For more about PayPal's Account Optional service, please read below.

1. PayPal's Account Optional service is provided by PayPal (Europe) S.à r.l. & Cie, S.C.A. which is authorised and regulated by the Commission de Surveillance du Secteur Financier in Luxemburg.

2. When you use your credit or debit card to purchase goods or services from an on-line merchant via PayPal Account Optional, a sum of electronic money equivalent to the amount of the purchase you are making is issued by PayPal and credited to the merchant’s PayPal account as payment for the goods or services you are purchasing from him. Your credit or debit card is therefore being used for the purchase of an amount of e-money which is in turn being used as payment for the goods or services from the merchant. Your credit or debit card statement will therefore show PayPal as the merchant and not the merchant from whom you are purchasing the goods or services.

3. PayPal will not open a PayPal account for you when you use your credit or debit card with PayPal Account Optional. Your use of the PayPal system via PayPal Account Optional is a one-off transaction only. However, PayPal will retain the information you provide us in relation to your use of PayPal Account Optional in accordance with our Privacy Policy in order to (1) enable you to use PayPal Account Optional for further one-off transactions subject to paragraph 4, (2) to enable us to monitor the use of PayPal Account Optional for risk management purposes and (3) to make it easier for you to open a PayPal account in the future.

4. You will only be able to use PayPal via PayPal Account Optional for up to [10] transactions before we will require you to open a PayPal account with PPEL to enable further use of the PayPal system. At that point you will be required to enter into our standard user agreement to govern the ongoing relationship with PayPal.

5. You should note that your use of PayPal Account Optional does not entitle you to the usual benefits of having a PayPal account. You will not be eligible to take advantage of our Buyer Complaint Policy or any other policies incorporated into the user agreement which we offer to give you protection. You may have additional rights through your agreement with your credit or debit card issuer.