Policy Updates

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This page details and/or previews updates to PayPal users of changes to the Israel PayPal User Agreement or other online agreements, policies, or statements that require notice. You can also review Past Policy Updates notices. Note that additional changes could be made to previewed agreements on or before the effective dates listed, provided the applicable notice requirements are met.

Upcoming Changes

We’re making changes to certain agreements (listed below) that govern your relationship with PayPal. These changes will take place automatically on the corresponding effective date(s) shown below.

Actions Needed

Please carefully review the notices below and familiarize yourself with the upcoming changes. By continuing to use our services after the changes take effect, you agree to be bound by those changes. Otherwise, no further action is needed from you to accept such changes. However, if you would prefer to decline them, then you will need to close your PayPal account prior to the applicable effective date, as described in the User Agreement.

Notices

PayPal Israel Payment Services Ltd. ("PayPal Israel"), a subsidiary of PayPal Pte. Ltd., applied for a payment service provider license with the Israel Securities Authority pursuant to the Regulation of Payment Services and Payment Initiation Law, 2023 (the "PSP License"). PayPal Israel is expected to receive the PSP License within a few months. Subject to receipt of the PSP License, provision of the PayPal Services to Israeli users will be transferred from PayPal Pte. Ltd. to PayPal Israel at a date to be determined by PayPal (the "Effective Date"). You will be notified of the Effective Date. Updated legal agreements, as detailed below, will apply to your use of the PayPal Services from the Effective Date. For the avoidance of doubt, until the Effective Date, the current versions of the PayPal legal agreements will remain in force with respect to your use of the PayPal Services.

In connection with the transfer of the provision of the PayPal Services to PayPal Israel as described above, as of the Effective Date: (i) Personal Data relating to Israeli users that is currently controlled by PayPal Pte. Ltd. for the purpose of providing the PayPal Services will be transferred to PayPal Israel; (ii) PayPal Israel will become the data controller with respect to such Personal Data and will assume responsibility for its processing in accordance with applicable data protection and privacy laws; and (iii) the privacy practices applicable to the PayPal Services, including the categories of personal data processed, the purposes of processing, and users’ rights, will remain materially similar to those that applied under PayPal Pte. Ltd.’s privacy policy prior to the Effective Date.

Issued: 16 April 2026

Changes to our Legal Agreements with effect from the Effective Date

PayPal User Agreement

• Replacing PayPal Pte. Ltd. with PayPal Israel Payment Services Ltd. as the service provider.
• This user agreement update contains multiple changes, inter alia to simplify and localize wording for Israel users. Please carefully review the updated user agreement.
• Removing the legacy fee exhibit and directing users to the updated online fee pages.
• Updating governing law and other terms to reflect the new Israeli licensed entity.
• We are notifying you that we may add the option for you to convert your balance into another currency, subject to its availability in Israel. If you convert the balance in your account, PayPal's transaction exchange rate (including our currency conversion fee) will be used.

Review the updated User Agreement

PayPal Buyer Protection Program and PayPal Seller Protection Program

• Replacing PayPal Pte. Ltd. with PayPal Israel Payment Services Ltd.
• Updating wording and references to align with the localized IL User Agreement.

Review the updated Buyer Protection Program

Review the updated Seller Protection Program

PayPal Privacy Statement

• Updating the entity processing personal data in Israel to PayPal Israel Payment Services Ltd.
• We're making other updates to our Privacy Statement to improve clarity and consistency. The new version features a streamlined global structure with additional market-specific sections, as applicable, and it includes information about how we handle personal data within the Hyperwallet services.

Review the updated Privacy Policy

Other Legal Agreements

PayPal Alternative Payment Methods Agreement; Terms for Payments without a PayPal Account; PayPal Acceptable Use Policy; PayPal Payouts Terms and Conditions; Commercial Entity Agreement; PayPal Campaign Fundraising Terms and Conditions; Infringement Report Policy; Terms under the Singapore Payment Services Act 2019; and other related policies.

• Identifying PayPal Israel Payment Services Ltd. as the service provider for Israel users.

Review the updated Legal Agreements