Today paypal issued this policy update
I’ll quote the update notes below (US):
Amendments to the PayPal User Agreement and/or the PayPal Balance Terms and Conditions
Effective September 19, 2022:
- U.S. business accounts will not be able to receive personal transactions from PayPal accounts outside the U.S. starting October 31, 2022.
- U.S. PayPal accounts will not be able to send personal transactions to business accounts outside the U.S. starting October 31, 2022.
- The Agreement to Arbitrate will provide revised information on the process if disputes arise between you and PayPal, including additional information about arbitration, small claims disputes, and the payment of associated fees.
- If you integrate or reference PayPal services on your website, we are clarifying that PayPal may use automated technologies (e.g., website crawling) to assess your website to ensure compliance with the user agreement and to combat fraud.
- Pricing for sending and receiving certain donations is being updated. The new pricing will result in fee increases for some transactions. You can preview the Consumer Fees Page and the Merchant Fees page that will be effective following such changes.
- Additional terms will be incorporated into the user agreement which govern the use of Invoicing, as previewed below.
Policy changes notes for other countries:
Amendments to the PayPal User Agreement
Effective November 15, 2022:
- Business accounts will not be able to receive personal transactions.
- PayPal accounts will not be able to send personal transactions to business accounts.
- Pricing for sending and receiving donations is being updated. The new pricing will result in fee increases for some transactions. You can preview Consumer Fees Page and the Merchant Fees page that will be effective following such changes.
What restrictions (if any) will apply to receiving payments from the market after this policy takes effect?