Ebay Managed Payments User Agreement
Authorization to pay amounts due under Part I, Section 9 is an electronic direct debit agreement („PAD Agreement”) that you enter into for commercial purposes so that eBay can debit your specified bank account and is subject to Payments Canada`s rules. The old corporate agreement limited eBay`s ability to geographically expand managed payments, and eBay had only conducted tests in the U.S. and Germany on small parts of the dealer base. Now the company is focusing on the scale of the new system in these markets, expanding into Canada, the UK and Australia, and finally moving to another location. If eBay Sarl is your payment company, you may terminate these Payment Terms with a period of one (1) month, without prejudice to the termination events mentioned above, by notifying eBay Sarl by email to [email protected] Baird analyst Colin Sebastian recently wrote in a note to customers that eBay has „clear upside potential” if it concludes a quick introduction of managed payments, although he expects the company to enter the Christmas shopping season „cautiously.” Once you sign up for managed payments on eBay and your eBay account has been activated, the use of managed payments becomes a prerequisite for using your eBay account. Therefore, if you terminate this agreement, you cannot reset your eBay account to the state in which you signed up for managed payments. Our affiliates who offer you the eBay Services in accordance with the User Agreement may terminate the User Agreement in accordance with the termination clauses contained therein. Registration allows you to prepare your business for managed payments at an early stage. You can sign up in a few simple steps, including verifying your business information and entering a bank account.