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PayPal

San Francisco - PayPal, the online payments unit of EBay Inc. has agreed with attorneys general from 28 US states to improve how it notifies users of their consumer rights. PayPal will pay $1.7 million to the states. PayPal has agreed to shorten the user notice that customers agree to when signing up for services and will clarify buyer protections consumers have when conducting online financial transactions. (Sep-28-06) [REUTERS: PAYPAL SETTLEMENT]


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Published on Sep-29-06

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