Blitzula
Headphoneus Supremus
- Joined
- Aug 24, 2004
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Quote:
Can you link me to that? I don't see it in the TOS, but I could be missing it.
I do see this ( http://www.paypal.com/cgi-bin/webscr.../terms-outside ) :Electronic Transfers. When you make a payment through PayPal that is funded by Instant Transfer or eCheck, and when you initiate an "Add Funds" transaction you are requesting an electronic transfer from your bank account. Upon such request, PayPal will make electronic transfers via the Automated Clearing House (ACH) system from your U.S. bank account in the amount you specify. You agree that such requests constitute your authorization for such transfers. PayPal will never make transfers from your bank account without your authorization.
I may have to reconsider my bank account link if that turns out to be true. But I don't think it is. I'd be surprised if that's in the agreement, and more surprised if that's legally enforceable.
Originally Posted by AuroraProject /img/forum/go_quote.gif They can, you give them authorization when you agree to the Paypal TOS. |
Can you link me to that? I don't see it in the TOS, but I could be missing it.
I do see this ( http://www.paypal.com/cgi-bin/webscr.../terms-outside ) :Electronic Transfers. When you make a payment through PayPal that is funded by Instant Transfer or eCheck, and when you initiate an "Add Funds" transaction you are requesting an electronic transfer from your bank account. Upon such request, PayPal will make electronic transfers via the Automated Clearing House (ACH) system from your U.S. bank account in the amount you specify. You agree that such requests constitute your authorization for such transfers. PayPal will never make transfers from your bank account without your authorization.
I may have to reconsider my bank account link if that turns out to be true. But I don't think it is. I'd be surprised if that's in the agreement, and more surprised if that's legally enforceable.