For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390.

To buy more copies, call 866-531-1492 or email subscribe@dailyjournal.com
This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Business Law

May 9, 2024

Uber accuses PayPal of unilaterally amending agreement

PayPal recently informed Uber of a "new interpretation of the parties' Global Merchant Agreement," according to a complaint filed in Santa Clara Superior Court.

Uber Technologies Inc. accused PayPal, Inc. of "unilaterally reinterpreting" their agreement to provide payment services to the rideshare company to cut costs associated with processing international payments as part of a "brazen money grab" to "boost margins and improve a flagging stock price."

PayPal has been providing Uber with "various payment services" since 2013, according to the complaint, and the companies announced in September tha...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up



By using our website, you agree to our use of cookies in accordance with our cookie policy. You can learn more about how we use cookies by reviewing our Privacy Policy here.