This Agreement is a contract between you and PayPal Payments (Beijing) Co., Ltd. (a subsidiary of PayPal Pte. Ltd., hereinafter referred to as “PPCN”, “we” or “us” or “our”) governing your use of a PayPal PRC account (hereinafter referred to as “PayPal Account”) and associated PayPal services (hereinafter referred to as “PayPal Services”). “PayPal” is a trademark registered and owned by PayPal, Inc. in the People’s Republic of China (excluding, for the purposes of this Agreement, Hong Kong SAR, Macau SAR and Taiwan, the "PRC") and other countries/regions. PPCN is licensed to use the “PayPal” trademark in its payment services.

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You are independently responsible for complying with all applicable laws and regulations and all practices of using the Internet and payment service in all of your actions related to your use of PayPal's services, regardless of the purpose of the use.

When you visit or interact with our sites, services, applications, tools or messaging, we or our authorized service providers may use cookies, web beacons, and other similar technologies for storing information to help provide you with a better, faster, and safer experience and for advertising purposes.

This Agreement is a contract between you and PayPal Payments (Beijing) Co., Ltd. (a subsidiary of PayPal Pte. Ltd., hereinafter referred to as “PPCN”, “we” or “us” or “our”), governing your use of a PayPal PRC account (hereinafter referred to as “PayPal Account”) and associated PayPal services provided by PPCN and PayPal Affiliates (herein referred to as “PayPal Services”).

These terms of service (these “Terms”) are a contract governing your use of PayPal Worldwide Services, provided by PayPal Pte. Ltd., that you can access through your PayPal Account registered on the PPCN Portal.

RMB transfer service (hereinafter “Service”) is a PayPal service, provided by PayPal Payments (Beijing) Co., Ltd. (hereinafter “PPCN”, “we” or “us”) to you.

Vendor Payouts (hereinafter “Service”) is a PayPal service, provided by PayPal Payments (Beijing) Co., Ltd. (hereinafter “PPCN”, “we” or “us”) to you.