| Term | Detail |
|---|---|
| Initial term | Month to monthPayPal (opens in a new tab) · Contract or terms · Month to month, with no closure cost: the user agreement has no term, and you end it by closing the account (any hold, reserve, open dispute or negative balance must be settled first). |
| Automatic renewal | Doesn't renew automaticallyPayPal (opens in a new tab) · Contract or terms · No term to renew. |
| Notice to avoid renewal | Not needed: it doesn't renew automatically |
| Early termination fee (ETF) | No early termination fee: you can close the account without cost.PayPal (opens in a new tab) · Contract or terms · |
| How the ETF is calculated | The terms don't set an early termination fee. |
| Right to raise prices | PayPal can amend its fees at any time under the user agreement, with notice (at least 5 days for business accounts; 30 days before a risk-based rate increase of up to 5%).PayPal (opens in a new tab) · Contract or terms · |
Example: leaving in month 12
With our reference profile (Reference: $30k/month in card sales, $35 average ticket, 90% in person, 1 terminal, 12 months), the estimated early termination fee would be $0. Your contract may differ: use the calculator with your numbers.
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.