Dear XXXXXXXXX,

You are receiving this email because you have asked to be notified of PayPal policy updates. Please read below to learn about PayPal's most recent policy updates.

Acceptable Use Policy

Effective Date: March 13, 2003

PayPal has added an Acceptable Use Policy to the User Agreement to further clarify items which may be sold using PayPal, and items which may be sold or advertised on websites listed in the PayPal Shops directory. PayPal customers are ultimately responsible for making sure that the transactions they enter into using PayPal are legal. While the Acceptable Use Policy is primarily a clarification of existing PayPal policies, in our attempt to find the right balance between serving the needs of our diverse customer base while at the same time minimizing our financial risks, it was necessary to introduce some additional limitations on the use of PayPal. The Acceptable Use Policy will replace the PayPal Shops Allowable Goods and Services Guidebook.

The Acceptable Use Policy below will take immediate effect for all accounts who sign up on or after March 13, 2003. All accounts who signed up prior to March 13, 2003 will have 60 days to comply with any new terms and conditions in the Acceptable Use Policy below. These accounts must continue to abide by the previous terms of the PayPal User Agreement and associated Policies during the 60-day grace period. As always, there will be no grace period for compliance with regard to any activity that is believed to be illegal.