PaypalThe renowned payments giant has revised its trading policies regarding NFTs Effective May 20,
It will also amend its Seller Protection Program, which will remove safeguards from transactions that involve NFTs worth more than or less than $10,000.
The revised policy will not cover false claims or chargebacks for NFT transactions above the threshold. For those below the threshold, the seller will be protected only if the purchaser claims that the transaction was unauthorised and meets the other requirements.
![](https://nftplazas.com/wp-content/uploads/2024/04/paypal-buyer-seller-protection.png)