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Is the Tide Turning? Acceptable Use Policy Changes Become Effective July 1
THE HARD COPY:
If you haven’t yet heard, PayPal appears to be taking cautious but decisive action regarding its policy on ecigarettes. Changes to the acceptable use policy have been announced, and will become effective in just over two months on July 1:
“The Acceptable Use Policy currently prohibits use of PayPal for activities that violate applicable law or industry regulations regarding the sale of tobacco products or prescription drugs and devices. We’re replacing that prohibition with new policy language covering these types of items, as well as e-cigarettes. Under the new language, use of PayPal for cigarette transactions will be prohibited. In addition, merchants will be permitted to use PayPal for sales of non-cigarette tobacco products, e-cigarettes, and prescription drugs and devices only with PayPal’s pre-approval.”
While it remains to be seen exactly how stringent the pre-approval process will be, it looks like a step in the right direction for vendors and purchasers of vaping products.
For more information about the upcoming policy changes:
https://www.paypal.com/va/webapps/mpp/ua/upcoming-policies-full
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