6.1 Pre-approved Payments (also known as Automatic Payments). By providing an advance authorisation for pre-approved payments, you:
(.) give the third party the ability to collect or reverse fixed or variable amount payments from your Account on a one-time basis, or on a (sporadically or periodically) recurring basis (as further specified in the applicable billing agreement – the document that you agree to when giving the authorisation) until you cancel your authorisation or underlying arrangement with the applicable third party; and
(.) hereby authorize and instruct PayPal to pay the third party (or another person they direct) from your PayPal account amounts you owe as presented to us by the third party. This makes the recipient a trusted beneficiary of all your payments made under that authorisation, so we will not ask you to log in or approve the payments when they are made. You agree that PayPal is not obligated to verify or confirm the amount the third party presents to us for the purpose of processing this type of payment. You further acknowledge and agree that payments made under this provision are variable and may be made on various dates.
If you use the PayPal Location Based Payments Functionality to make a pre-approved payment to another user (typically a merchant) who accepts payments through the PayPal Location Based Payments Functionality, you may authorise that User by selecting the user in the PayPal Location Based Payments Functionality. When you authorise such a User, we may restrict the total amount that the authorised User can request from your account within a specific time period, as we may determine at our own discretion.
If your pre-approved payment requires a currency conversion by us, the amount of the currency conversion fee (per Schedule 1) will be determined at the time the applicable third party processes your payment and completes the transaction. You acknowledge that the exchange rate determined at the time of each payment transaction will differ and you agree to the future execution of pre-approved payments being based on fluctuating exchange rates.
Prospective payment recipients acting under the above authorisations who present us with a payment request under this provision hereby:
(.) warrant to PayPal that the amounts they present have been agreed and consented to by the user whose account will be deducted (including changes to those amounts) and that they will give prior notice of the deduction to the payer;
(.) agree that they will notify the payer at least 4 weeks in advance of the amount they will collect if that amount has increased in such a manner that the payer could not have reasonably expected to pay such an amount, taking into account the payer’s previous spending patterns and the circumstances of the payment and that they will be liable to PayPal for any refunds of such payment in accordance with the terms of this user agreement.
You agree that you cannot request a refund from PayPal for a pre-approved payment unless:
A. the Authorisation did not specify the exact amount of the payment transaction when the Authorisation was given and the applicable amount exceeded the amount you could have reasonably been expected to pay, taking into account your previous spending patterns and the circumstances of the case;
B. your consent to the making of the third party initiated payment was not given as set out in section 4.1(e);
C. the information relating to the third party initiated payment was not provided or made available to you for at least 4 weeks before the date the payment transaction was made to the merchant;
D. you notify us of the request within 8 weeks from the date the payment was made;
E. you comply with our requests to obtain information which we reasonably require to review the circumstances of the case. We reserve the right to request further information as is reasonably necessary to ascertain whether the above conditions have been satisfied and to waive any or all of the above conditions.
6.2 Cancelling pre-approved payments.
You may cancel a pre-approved payment at any time up to 1 business day prior to the date the payment is scheduled to be made. You may cancel a pre-approved payment by logging in to your account, accessing the “Settings” tab, then, in the “Payment settings” section, clicking on “Preapproved Payments” and following the instructions to cancel the payment. In addition, if you cancel a Pre-approved Payment you may still be liable to the merchant for the payment and be required to pay the merchant through alternative means.
When you use the PayPal Location Based Payments Functionality to give an authorisation for a pre-approved payment to a user (typically a merchant) who accepts payments through the PayPal Location Based Payments Functionality, you may only cancel the authorisation by following the steps to cancel your selection of the user in the PayPal Location Based Payments Functionality.
6.3 Sending E-money in Multiple Currencies.
You may send money in U.S. Dollars, Canadian Dollars, Euros, Pounds Sterling, Yen, Australian Dollars, Brazilian Real, Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, Israeli New Shekels, Mexican Peso, New Zealand Dollar, Norwegian Krone, Philippine Peso, Polish Zloty, Singapore Dollar, Swedish Krona, Swiss Franc, Thai Baht and Taiwan New Dollar. There may be some restrictions with regard to where you can send certain currencies. When you are sending money to a merchant who has requested a currency that is different than the primary currency of your account, you will need to specify whether you want to pay the merchant in the merchant’s requested currency, or in your primary currency (in some cases, the merchant may not give you a choice). If you send E-money in a currency that is not your primary currency, we follow these practices:
A. If you have a balance in the requested currency, we will fund your transaction from your balance.
B. If you have a balance in a different currency, we will perform a currency conversion and use the converted balance to fund your transaction.
C. If you do not have a balance, we will fund your transaction through your default funding sources.