This user agreement is a contract between you and PayPal, Inc. regarding the use of your Venmo account and Venmo services. They must be in the United States and have a U.S. bank account to be able to use Venmo`s services. If you are a charitable organization and have a PayPal account, you can participate in PayPal programs. PayPal Giving Fund is a donation fund (DAF) recognized by the Internal Revenue Service (IRS), which is recognized as a public charity exempt from tax in accordance with Section 501 (c) (3) code (Bundessteuer-ID: 45-0931286). If you qualify for the Non-profit Certification Directive and are either a public charity under Section 509 (a) of the Code or a Private Operating Foundation in accordance with IRS rules, you may be automatically registered with PayPal Giving Fund if you accept this user agreement. You will receive an email from us confirming your registration. Your relationship with PayPal Giving Fund is subject to the non-profit user agreement, including receiving e-mail messages from PayPal Giving Fund about its current and future partners through its programs. You can misormissed the communication by email at any time in your PayPal give the profile of the fund. If you do not wish to be registered or receive donations from PayPal Giving Fund, you can opt out at any time by contacting us.
For more information, see PayPal financial fund policy. But even reading the fine print, Nancy Kim, a professor at the California Western School of Law, said BuzzFeed News Venmo`s user agreement was „pretty horrible.“ For your convenience, we provide you with an opt-out notification form that you must complete and send by email to decide the agreement in order to oppose you. You must complete this form by providing all the information it requests, including your name, address, phone number and electronic (s) address (s) with which you logged (s) to the PayPal account (s) to which the opt-out count applies. They must sign the opt-out notification for it to be effective. This procedure is the only way to contradict the agreement. If you opt out of this agreement against the service, all other parts of the user agreement will continue to apply. The opt-out of this conciliation agreement will have no impact on past, other or future arbitration agreements that you may have with us. If we have not verified the required credentials, a balance in your business can only be kept PayPal account in your business account PayPal everyone`s account and transferred to a linked bank account or debit card, or you can request PayPal to send you the money by cheque (subject to a non-refundable fee of $1.50 deducted from the payment amount).