Customers can take their time

PayPal is currently informing customers about changed terms of use and a completely new payment method. In future, customers will be able to take much more time with orders than before. The amount is only due after 30 days.

PayPal: Pay only after 30 days

PayPal is currently sending out emails informing customers of new terms of use. These come into force on November 10th. Later a whole one is supposed to be new payment method be introduced, giving customers more time to pay the amount. The previous option of paying after 14 days will not be replaced, but simply expanded. Only after 30 days will payments be made for orders on the Internet, if customers so wish.

When exactly PayPal launched the new Payment after 30 days will be introduced, is not yet certain. In the announcement of the new terms of use this is mentioned and also linked, but a click on the link currently leads to nowhere.

For the Recipient of the money – for example an online shop – the new regulation should not change anything. Although the customer only debits the amount after 30 days, PayPal transfers the money to the recipient immediately.

You can find out what you should pay attention to when ordering from China in Video:

PayPal: Late payment even for larger sums

It can currently be assumed that the same conditions apply to payment after 30 days as to payment after 14 days. Accordingly, orders with a higher value of goods are also possible. First of all, one applies here Limit of 15,000 eurosunless users have confirmed information about their identity.

For a later payment with PayPal, the only requirement is that users have their Account details stored and then specify this as the source of payment when ordering.