Australian court rules PayPal unit used unfair term in small business contracts-February 2024-www.financetom.com

Australian court rules PayPal unit used unfair term in small business contracts

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Australian court rules PayPal unit used unfair term in small business contracts

Jul 4, 2024 9:13 PM

July 5 (Reuters) - Australia's federal court has found

that PayPal's ( PYPL ) local arm used an unfair term in its

standard contracts with small business customers that could

overlook errors in overcharging, the country's securities

regulator said on Friday.

(Reporting by Himanshi Akhand in Bengaluru; Editing by Mrigank

Dhaniwala)

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