PayPal, the renowned payment giant, has announced revisions to its trading policy regarding NFTs effective May 20.
The company will no longer offer buyer protection for NFT purchases, and it will amend its seller protection program, removing safeguards for transactions involving NFTs valued above or below $10,000.
Under the revised policy, NFT sales exceeding the threshold will no longer be covered against false claims and chargebacks while for transactions below this threshold, seller protection will only apply if the buyer claims it was unauthorized and meets all other eligibility requirements.
Source: Paypal
PayPal’s Decision Reflects Evolving Challenges
Previously, PayPal provided coverage under both buyer and seller protection programs for transactions involving NFTs but the decision to revise these policies comes in light of the challenges associated with proving order fulfillment and the rapidly evolvingdigital asset market.
PayPal’s protections served as a safety net against falsely advertised items and fraudulent payment disputes and the recent changes are expected to impact buyer and seller confidence in NFT transactions on the platform.
Despite removing these protections, PayPal remains active in exploring the blockchain space. Their recent patent filing for an NFT purchase and transfer system suggests ongoing exploration in the field, including potential features like offering users royalties and other rewards.
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Jenz
Blockchain enthusiast and lifelong gamer.
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Tags: PayPal

<div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><p><a href="https://twitter.com/PayPal" rel="nofollow">PayPal</a>, the renowned payment giant, has announced revisions to its trading policy regarding  <a href="https://nftplazas.com/what-are-nfts/" rel="nofollow">NFTs</a> effective May 20.</p><p>The company will no longer offer buyer protection for NFT purchases, and it will amend its seller protection program, removing safeguards for transactions involving NFTs valued above or below $10,000.</p><p>Under the revised policy, NFT sales exceeding the threshold will no longer be covered against false claims and chargebacks while for transactions below this threshold, seller protection will only apply if the buyer claims it was unauthorized and meets all other eligibility requirements.</p><figure><img src="https://nftplazas.com/wp-content/uploads/2024/04/paypal-buyer-seller-protection.png" alt=""><figcaption> Source: Paypal</figcaption></figure></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><h2><strong>PayPal’s Decision Reflects Evolving Challenges</strong></h2></div><div><p>Previously, PayPal provided coverage under both buyer and seller protection programs for transactions involving NFTs but the decision to revise these policies comes in light of the challenges associated with proving order fulfillment and the rapidly evolving<a href="https://nftplazas.com/digital-collectibles-nfts/" rel="nofollow"> digital asset</a> market.</p><p>PayPal’s protections served as a safety net against falsely advertised items and fraudulent payment disputes and the recent changes are expected to impact buyer and seller confidence in NFT transactions on the platform.</p><p>Despite removing these protections, PayPal remains active in exploring the blockchain space. Their recent <a href="https://nftplazas.com/paypal-nft-marketplace/" rel="nofollow">patent filing for an NFT purchase and transfer system</a> suggests ongoing exploration in the field, including potential features like offering users royalties and other rewards.</p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><div><div><div><div><div><div><div><div><div><div><div><div><p><b>Want more? Connect with NFT Plazas</b></p><p><a href="https://nftplazas.beehiiv.com/subscribe" rel="nofollow">Subscribe to our Newsletter</a><br><a href="https://discord.com/invite/qSQwMaM" rel="nofollow">Join our Discord</a><br><a href="https://twitter.com/nftplazas" rel="nofollow">Follow us on Twitter</a><br><a href="https://www.facebook.com/nftplazas" rel="nofollow">Like us on Facebook</a><br><a href="https://www.instagram.com/nftplazas/" rel="nofollow">Follow us on Instagram</a></p><p><small><em>*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.</em></small></p></div></div></div></div></div></div></div></div></div></div></div></div><div><div><div><img src="https://nftplazas.com/wp-content/uploads/2024/03/jenz-nft-plazas.png" alt="jenz nft plazas"></div><div><a href="https://nftplazas.com/author/jenz/" rel="nofollow"><span>Jenz</span></a></div><div><div><p>Blockchain enthusiast and lifelong gamer.</p></div></div><div></div><div><a title="Sharethis" href="https://nftplazas.com/nft-plazas-team/" rel="nofollow"></a></div></div></div><div><span><span>Tags:</span> <a href="https://nftplazas.com/tag/paypal/" rel="nofollow">PayPal</a></span><span><div><span><a href="https://twitter.com/intent/tweet?text=PayPal+Revises+Buyer+and+Seller+Policy+for+NFT+Transactions&amp;url=https%3A%2F%2Fnftplazas.com%2Fpaypal-nft-policy%2F" rel="nofollow"><span><span></span></span></a><a href="http://www.facebook.com/sharer.php?u=https%3A%2F%2Fnftplazas.com%2Fpaypal-nft-policy%2F" rel="nofollow"><span><span></span></span></a><a href="https://www.linkedin.com/company/77104277" rel="nofollow"><span><span></span></span></a><a href="mailto:contact@nftplazas.com?subject=PayPal+Revises+Buyer+and+Seller+Policy+for+NFT+Transactions&amp;body=https%3A%2F%2Fnftplazas.com%2Fpaypal-nft-policy%2F" rel="nofollow"><span><span></span></span></a></span></div></span></div></div>

PayPal Revises Buyer and Seller Policy for NFT Transactions

著名支付巨頭 PayPal 宣布修改其 NFT 交易政策，並於 5 月 20 日生效。
該公司將不再為 NFT 購買提供買家保護，並將修改其賣家保護計劃，取消對涉及價值高於或低於 10,000 美元的 NFT 交易的保障措施。
根據修訂後的政策，超過Threshold的 NFT 銷售將不再受到虛假索賠和退款的保護，而對於低於此Threshold的交易，只有在買方聲稱未經授權並滿足所有其他資格要求的情況下，賣方保護才適用。
來源：貝寶
PayPal 的決定反映了不斷變化的挑戰
在此之前，PayPal 為涉及 NFT 的交易提供了買方和賣方保護計畫的保障，但鑑於與證明訂單履行和快速發展的數位資產市場相關的挑戰，決定修改這些政策。
PayPal 的保護措施充當了針對虛假廣告商品和欺詐性支付糾紛的安全網，最近的變化預計將影響買家和賣家對該平台上 NFT 交易的信心。
儘管取消了這些保護，PayPal 仍然積極探索區塊鏈領域。他們最近申請的 NFT 購買和轉移系統專利表明該領域正在進行的探索，包括向用戶提供版稅和其他獎勵等潛在功能。
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區塊鏈愛好者和終身遊戲玩家。
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標籤： 貝寶

<div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><p>著名支付巨頭 PayPal 宣布修改其 NFT 交易政策，並於 5 月 20 日生效。</p><p>該公司將不再為 NFT 購買提供買家保護，並將修改其賣家保護計劃，取消對涉及價值高於或低於 10,000 美元的 NFT 交易的保障措施。</p><p>根據修訂後的政策，超過門檻的NFT 銷售將不再受到虛假索賠和退款的保護，而對於低於此門檻的交易，只有在買方聲稱未經授權並滿足所有其他資格要求的情況下，賣方保護才適用。 </p><figure><img src="https://nftplazas.com/wp-content/uploads/2024/04/paypal-buyer-seller-protection.png" alt=""><figcaption>來源：貝寶</figcaption></figure></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><h2> <strong>PayPal 的決定反映了不斷變化的挑戰</strong></h2></div><div><p>在此之前，PayPal 為涉及 NFT 的交易提供了買方和賣方保護計劃的保障，但修改這些政策的決定是考慮到與證明訂單履行和快速發展的<a href="https://nftplazas.com/digital-collectibles-nfts/" rel="nofollow">數位資產</a>市場相關的挑戰。</p><p> PayPal 的保護措施充當了針對虛假廣告商品和欺詐性支付糾紛的安全網，最近的變化預計將影響買家和賣家對該平台上 NFT 交易的信心。</p><p>儘管取消了這些保護，PayPal 仍然積極探索區塊鏈領域。他們最近<a href="https://nftplazas.com/paypal-nft-marketplace/" rel="nofollow">申請的 NFT 購買和轉移系統專利</a>表明該領域正在進行的探索，包括向用戶提供版稅和其他獎勵等潛在功能。</p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><div><div><div><div><div><div><div><div><div><div><div><div><p><b>想要更多？連接 NFT 廣場</b></p><p><a href="https://nftplazas.beehiiv.com/subscribe" rel="nofollow">訂閱我們的新聞</a><br><a href="https://discord.com/invite/qSQwMaM" rel="nofollow">加入我們的不和諧</a><br><a href="https://twitter.com/nftplazas" rel="nofollow">在推特上關注我們</a><br><a href="https://www.facebook.com/nftplazas" rel="nofollow">在 Facebook 上為我們按讚</a><br><a href="https://www.instagram.com/nftplazas/" rel="nofollow">在 Instagram 上關注我們</a></p><p><small><em>*NFT Plazas 表達的所有投資/財務意見均來自我們網站版主的個人研究和經驗，僅供參考。個人在進行任何類型的投資之前都必須充分研究任何產品。</em></small> </p></div></div></div></div></div></div></div></div></div></div></div></div><div><div><div><img src="https://nftplazas.com/wp-content/uploads/2024/03/jenz-nft-plazas.png" alt="詹茲 NFT 廣場"></div><div><a href="https://nftplazas.com/author/jenz/" rel="nofollow"><span>詹茨</span></a></div><div><div><p>區塊鏈愛好者和終身遊戲玩家。 </p></div></div><div></div><div><a title="分享這個" href="https://nftplazas.com/nft-plazas-team/" rel="nofollow"></a></div></div></div><div><span><span>標籤：</span><a href="https://nftplazas.com/tag/paypal/" rel="nofollow">貝寶</a></span><span><div><span><a href="https://twitter.com/intent/tweet?text=PayPal+Revises+Buyer+and+Seller+Policy+for+NFT+Transactions&amp;url=https%3A%2F%2Fnftplazas.com%2Fpaypal-nft-policy%2F" rel="nofollow"><span><span></span></span></a> <a href="http://www.facebook.com/sharer.php?u=https%3A%2F%2Fnftplazas.com%2Fpaypal-nft-policy%2F" rel="nofollow"><span><span></span></span></a><a href="https://www.linkedin.com/company/77104277" rel="nofollow"><span><span></span></span></a> <a href="mailto:contact@nftplazas.com?subject=PayPal+Revises+Buyer+and+Seller+Policy+for+NFT+Transactions&amp;body=https%3A%2F%2Fnftplazas.com%2Fpaypal-nft-policy%2F" rel="nofollow"><span><span></span></span></a></span></div></div></div>

PayPal 修改 NFT 交易的買家和賣家政策

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