Framework Agreement for Payment Services
Payment processing services include the merchant`s optional use of fraud maintenance tools to detect fraudulent transactions. 2.1.5 Except as required or permitted by law and subject to the applicable exceptions, limitations, exceptions and/or exclusions set out in the CCPA or applicable data protection laws, PayPal is prohibited from collecting, retaining, using, selling or disclosing personal information except as necessary for the provision of the payment processing services specified in the agreement between the parties. As security for the payment and performance of all of your existing or subsequent obligations arising out of or arising out of this Agreement or any other PayPal obligation, you grant PayPal a lien and security right in and to all of your existing or subsequent rights, title and/or interests in, in or under this Agreement, the Reserve, all funds held in the Reserve, all reserves established at any time in accordance with this Agreement and all proceeds thereof. The Trader undertakes to properly execute and deliver PayPal instruments and documents necessary to perfect and otherwise implement the privilege and security granted to PayPal under this Agreement. If you have a question or complaint regarding the Braintree Payment Services or your transactions, please contact Braintree Customer Service as defined in the “Contact Us” tab of the Braintree website. The General Terms and Conditions of the Braintree Payment Services are available at any time on www.braintreepayments.com in the “Legal Notice” tab and/or will be made available as an electronic copy by e-mail during the registration process. You can request an electronic copy of your contractual documents at any time and free of charge. 3.3 Confidentiality. Braintree ensures that its employees involved in the processing of Customer Data are informed of the confidentiality of Customer Data, receive appropriate training on their responsibilities and have written confidentiality agreements in place. Braintree ensures that these confidentiality obligations continue to exist after the end of the deployment of staff.
The privacy terms and conditions applicable to this Agreement are set forth in Appendix A (Privacy Addendum) and are incorporated by reference into this Agreement; provided that this Appendix A does not apply to the Venmo Service of PayPal, which is subject to the Privacy Principles set forth in the Venmo Terms of Use under braintreepayments.com. The provisions of the Privacy Addendum shall prevail over any conflicting provisions of this Agreement relating to data protection and privacy. We may send your phone numbers to our service providers (e.B. Billing or collection agencies) with whom we have a contract to help us enforce our rights or fulfill our obligations under the agreement, policies or other agreement we have with you. You agree that these service providers may also contact you via automatically composed or pre-recorded calls and text messages only if they have been authorized by us to perform the above purposes and not for their own purposes. 2.1.1 PayPal is your service provider with respect to Customer Data, including the personal data of Customers and other natural persons, households and businesses only for the purposes specified in the Agreement. You agree to provide PayPal only as Customer Data is necessary for PayPal to provide the Payment Processing Services. The parties acknowledge and agree that PayPal may use, reproduce and process Customer Data and Payment Transaction Data for the following limited purposes: In exchange for our provision of braintree Payment Services, you agree to pay us the applicable Billable Fees, including applicable transaction, multi-currency and chargeback fees, as set forth in the Fee Schedule, payable, available at www.braintreepayments.com/braintree-pricing and included herein by this reference. We reserve the right to change our fees at any time, subject to thirty (30) days` notice prior to the new fees becoming effective. All outstanding amounts will be subject to interest at a lower rate of 1.5% per month or the maximum amount permitted by law. In the event that you have a good faith dispute over the amounts due, you agree to pay the undisputed amounts.
No interest will accrue on disputed amounts as long as you pay those amounts within thirty (30) calendar days of dispute resolution. This Braintree Payment Services Agreement and the agreements, policies and documents contained herein (this “Agreement”) are entered into by and between PayPal, Inc., a Delaware corporation located at 2211 North First Street, San Jose, CA 95131 (“Braintree”, “PayPal”, “we”, “us” or “our”) and the legal or natural person entering into this Agreement (“Merchant” or “you”). This Agreement sets out the terms under which you may use the Braintree Payment Services. In addition, if you owe us or one of our affiliates an outstanding amount under any other agreement, PayPal may ask the acquirer to deduct the amounts due from your payments. .