PayPal services consist of the following: (i) enrollment of individuals and legal entities to accept PayPal as a payment method and receive payments resulting from the sale of goods or services by electronic means, (ii) registration of individuals and legal entities to use PayPal as a payment method and send payments for the acquisition of goods or services by electronic means and to send and receive instant payments through Pix, (iii) management of the network of registered users and set of rules and procedures that govern the provision of payment services, which include capture, transmission, data processing and settlement of electronic payment transactions, and (iv) management of users' accounts. In order to provide Pix related services, PayPal adheres to its instant payment schemes instituted by the Central Bank of Brazil, according to applicable regulation. 3,682 of November 4th, 2013, classified as a purchase scheme, domestic and cross-border, according to applicable regulation. PayPal is also an institutor of a closed-ended payment scheme of prepaid payment accounts exempted from authorization, pursuant to Circular No. 12,865, of October 9, 2013, and, as such, offers payment services, as established in this agreement. PayPal is a Payment Institution Issuer of E-Money licensed by the Central Bank of Brazil, pursuant to Law No. This user agreement will continue to apply to your previous use of our services. If you do not agree with any changes you may close your account. We will inform you by email or by posting a notice on our Policy Updates page on our website.īy continuing to use our services after any changes to this user agreement, you agree to abide and be bound by those changes. If the changes reduce your rights or increase your responsibilities we will inform you at least 30 days in advance. The revised version will be effective at the time we post it, unless otherwise noted. We may amend this agreement and any of the policies listed above from time to time. Also note that PayPal follows the procedures established in its Anti-Money Laundering and Countering the Financing of Terrorism Policy, which is summarized here. Please read carefully all of the terms and conditions of this user agreement, the terms of these policies and each of the other agreements that apply to you. You also agree to comply with the following additional policies and each of the other agreements on the Legal Agreements page that apply to you: If you are a business, the business must be a resident of Brazil, and hold a valid CNPJ, to open a PayPal account and use the PayPal Services.īy opening and using a PayPal account, you agree to comply with all of the terms and conditions in this user agreement. If you are an individual, you must be a resident of Brazil, be at least 18 years old, and hold a valid individual taxpayer identification number with the Federal Revenue of Brazil (“CPF”) to open a PayPal account and use the PayPal services.
10.878.448/0001-66, with offices in the City of São Paulo, State of São Paulo, at Avenida Paulista, 1048, 13th floor, CEP 01310-100, governing your use of your PayPal account and the PayPal services.
(“PayPal”), a company organized and existing under the laws of Brazil, enrolled in the Corporate Taxpayers’ Identification Number with the Register of the Federal Revenue of Brazil (“CNPJ”) under No. This user agreement is a contract between you and PayPal do Brasil Serviços de Pagamentos Ltda. This user agreement will be effective for all users as of December 10, 2021.