6.1. Contractual object and scope
6.1.1 RatePAY GmbH ("RatePAY") is a payment institution that is constantly supervised and
officially licensed by the German Federal Financial Supervisory Authority (BaFin). RatePAY offers
individual solutions in the field of online payment for a variety of online retailers
and online platform providers which provide an online platform for online retailers and consumer
sellers to sell their products. As part of these solutions, RatePAY offers payment methods for
integration on eBay Services. The payment methods offered by RatePAY ("RP Payment
Method(s)") generally include payment by invoice and payment by SEPA direct debit, currently
offered in Germany, Austria, Switzerland and the Netherlands and all further Accepted
Jurisdictions as defined in section 6.4.2. Your buyers who purchase items on eBay Services may
use the currently available RP Payment Method(s) offered by eBay to settle the purchase price
6.1.2 eBay Sarl facilitates the payments of the buyers to you on eBay Services and provides
6.1.3 Adyen N.V. (“Adyen“) offers, in cooperation with RatePAY, in its own name the RP Payment
Method(s) to eBay Sarl for integration into the eBay Services.
6.1.4 In order to use the RP Payment Method(s), eBay Sarl acquires your purchase price claims
against your buyers, who use the RP Payment Method(s) on eBay Services. eBay Sarl will then sell
and assign the purchased claims to Adyen according to the terms of these General
Terms and Conditions for RP Payment Methods. Adyen will then sell and assign the purchased claims
to RatePAY, who will then assume the payment default risk for the purchased claims in accordance
with the following provisions. This arrangement is further referred to as
6.1.5 These General Terms and Conditions for RP Payment Methods shall apply to you with regard to
your use of the RP Payment Method(s) on eBay Services.
6.1.6 These General Terms and Conditions for RP Payment Methods shall apply in addition to the
event of conflict, these General Terms and Conditions for RP Payment Methods shall
prevail over such other terms and conditions agreed between you and eBay Sarl in these Payments
6.1.7 RatePAY and Adyen will not be a party to and not have any obligation under these Payments
6.2. Integration of the RatePAY Terms of Payment and the RatePAY Data Privacy Statement
You shall conclude with each buyer the RatePAY Terms of Payment (“RP-TOP”) and the
RatePAY Data Privacy Statement (“RP-DPS”) for the buyer’s use of RP Payment
Method(s), as available online at
(RP-TOP) or https://www.ratepay.com/en/ratepay-data-privacy-statement/
(RP-DPS). You hereby agree and accept that the RP-TOP and the RP-DPS shall become an
integral part of each sale contract concluded between you and the buyer on eBay Services for the
buyer’s use of RP Payment Methods (“Sale Contract”). You hereby agree
that eBay Sarl has the RP-TOP and the RP-DPS implemented into the payment check-out of the RP
Payment Method(s) and instruct eBay Sarl to have the RP-TOP and the RP-DPS forwarded to the buyer
on your behalf.
If you act as a business seller, you hereby agree that section 675f (5) sentence 2 German Civil
Code (“BGB”) (Fees for payment services), section 675g BGB (Amendment of the framework contract on
payment services), section 675h BGB (Ordinary termination of a framework contract
on payment services), section 675y BGB (Liability of the payment service provider in case of
non-execution, defective or delayed execution of a payment order; obligation to make enquiries),
section 675z BGB (Other claims in case of non-execution, defective or delayed
execution of a payment order or an unauthorised payment transaction) and Section 676 BGB (Proof of
execution of payment transactions) shall not be applicable to these General Terms and Conditions
for RP Payment Methods.
6.4. Purchase of Your Receivables by eBay Sarl
6.4.1 You hereby allow eBay Sarl to submit your receivables (through Adyen) to RatePAY for
approval (“Purchase Notice”). RatePAY will, after receipt of the Purchase Notice
(through eBay Sarl and Adyen), score the offered receivables to determine the probability
for payment of the relevant offered receivable by the buyer and will (through Adyen and eBay Sarl)
send a response confirming if the receivable is accepted (“Positive Score Notice”) or
is rejected (“Negative Score Notice”).
6.4.2. You are obliged to offer all receivables to eBay Sarl in connection with the RP Payment
Method(s) in accordance with these General Terms and Conditions for RP Payment Methods which
fulfill the following criteria:
- Your receivable against your respective buyer in connection with the Sale Contract and for
which the buyer has chosen one of the RP Payment Methods;
- Positive Score Notice regarding the relevant receivable;
- The receivable is nominated in (i) EUR or CHF or (ii) any other currency supported by RatePAY;
- The receivable is governed by (i) the laws of Germany, Austria, Switzerland or the Netherlands
or (ii) any other jurisdiction supported by RatePAY (the “Accepted Jurisdictions”).
(jointly the “Seller Receivables” and each a “Seller Receivable”).
Payment Method(s) into your listings on eBay Services, you agree that each Seller Receivable will
automatically be offered to eBay Sarl for purchase after conclusion of each Sale
Contract for which the buyer has chosen one of the RP Payment Methods (the “Purchase Offer”). eBay
Sarl will submit a respective message to Adyen (and Adyen to RatePAY) indicating the conclusion of
the Sale Contract and eBay Sarl’s offer to Adyen to purchase the relevant
Seller Receivable. Based on Adyen’s response to eBay Sarl’s purchase offer, eBay Sarl will either
accept your Purchase Offer by proceeding with the payment process (the “Acceptance of Purchase
Offer”) or reject your Purchase Offer. Such offer and acceptance through an
Acceptance of Purchase Offer will conclude a purchase agreement between you and eBay Sarl (“Single
Purchase Agreement”) regarding the relevant Seller Receivable including the Ancillary Rights (as
defined below) which is purchased (the “Purchased Receivable”) in accordance
with these General Terms and Conditions for RP Payment Methods. In case eBay Sarl receives a
rejection of its purchase offer from Adyen, eBay Sarl will reject the provided Purchase Offer, and
the Single Purchase Agreement relating to the relevant Seller Receivable is not
concluded. A rejected Purchase Offer may be re-submitted by re-iterating the process described in
this section 6.4.3.
6.5. Assignment of receivables
6.5.1 You hereby assign, subject to the condition precedent in section 6.5.3 below, all your
current and future Seller Receivables including all Ancillary Rights (as defined below) to eBay
Sarl and eBay Sarl hereby accepts the assignment.
6.5.2 “Ancillary Rights” means, in each case with respect to the relevant Seller
- rights for any securities and collateral securing the relevant Seller Receivable; and
- transport and deficiency insurance claims;
- your contingent claims to demand possession or repossession from a direct possessor;
preferential rights, constitutive rights (Gestaltungsrechte), withdrawal or rescission rights
(Rücktrittsrechte) or challenge rights (Anfechtungsrechte) and all other legal positions,
interest claims, claims for compensation, warranty claims, claims for contractual
penalty against the buyer or third parties who are the direct owners of the goods; or
other claims against third parties with respect to the relevant Seller Receivable (such as trade
credit, transport, burglary, theft, fire insurance, claims against central settlers and
purchasing associations, claims against carriers), as well as all further ancillary
rights or any other ancillary rights pertaining to or associated with the relevant Seller
Receivable and/or the underlying transactions and contracts,
in each case irrespective of whether or not being transferred with the relevant Seller Receivable
by operation of law pursuant to section 401 BGB.
No ancillary rights are additional or new claims against the buyer arising from the reversal of
the Sale Contract (such as return shipping costs). These claims will not be transferred by you to
eBay Sarl as part of the Seller Receivables.
6.5.3 The assignment described in section 6.5.1 of the relevant Seller Receivable including all
Ancillary Rights above is subject to the conclusion of a Single Purchase Agreement regarding the
relevant Seller Receivable in accordance with section 6.4.3.
6.5.4 The assignment of Seller Receivables including all Ancillary Rights, for which the
assignment is not valid due to an extended retention of title (verlängerter
Eigentumsvorbehalt), becomes valid upon the payment of the relevant supplier or its waiver of its
retention of title.
6.5.5 Upon conclusion of a Single Purchase Agreement, you and eBay Sarl reiterate the assignment
of the relevant receivable identified through the transaction-ID in the Purchase Offer including
all Ancillary Rights whereby the Purchase Offer constitutes an offer to assign the
relevant receivable from you to eBay Sarl and the Acceptance of Purchase Offer constitutes an
acceptance of this offer by eBay Sarl.
6.5.6 In case there is any doubt about the validity of the assignment of the Seller Receivables
including all Ancillary Rights and this requires any further declaration or action by you, you
will execute such declaration or action upon request of eBay Sarl.
6.5.7 You irrevocably authorise eBay Sarl with the power of sub-delegation to notify the relevant
buyer regarding the assignment of the Seller Receivable and to exercise non-assignable rights,
such as contractual rights, in connection with the Seller Receivables including all
Ancillary Rights in its own name.
6.6. Collection Risk / Collection
6.6.1 Subject to the legal validity (“Bestehen der Forderung”) of the Purchased
Receivables, eBay Sarl bears the risk that the Purchased Receivables are not collectable from the
respective buyer in part or in full, in particular caused by the insolvency of the
buyer. eBay Sarl will pay the purchase price (minus the agreed fees and expenses of eBay Sarl) for
the relevant Purchased Receivable regardless of whether it chooses to enforce the relevant
6.6.2 The collection and enforcement of the Purchased Receivables is the responsibility of eBay
Sarl. eBay Sarl shall bear any and all costs in this regard.
6.6.3 eBay Sarl will transfer the economical risks of the obligations described in section 6.6.1
and 6.6.2 to Adyen and consequently to RatePAY in accordance with the Chain Factoring as described
in section 6.1.4.
Every time upon entering into a Single Purchase Agreement concerning a Purchased Receivable, you
represent and warrant to eBay Sarl by way of an independent guarantee (selbstständiges
6.7.1 the Purchased Receivable fulfills the criteria as described in section 6.4.2 of these
General Terms and Conditions for RP Payment Methods;
6.7.2 the Purchased Receivable is valid (“besteht”);
6.7.3 you hold free and clear title to, and may freely assign and transfer, the Purchased
6.7.4 the Purchased Receivable has not yet been assigned or transferred to third parties, unless
such assignment occurred pursuant to a customary extended retention of title agreed between you
and the relevant supplier of goods (in which case sub-sections (3) and (5) will not
apply to this extent);
6.7.5 the Purchased Receivable is free from any third parties' rights to the Purchased Receivable
and there do not exist any rights or claims of any third party to the respective Purchased
6.7.6 the Purchased Receivable is not charged with any liability claims of third parties,
especially any claims in accordance with section 13c German Value Added Tax Act
6.7.7 you will ship, deliver or provide the respective item(s) to the relevant buyer completely,
on time and in accordance with the Sale Contract with the respective buyer in order that the
respective buyer is not able to exercise any right or claim of retention, set-off,
supplementary performance (Nacherfüllung), reduction (Minderung), rescission right
(Rücktritt) or damage claims (Schadensersatz), provided, however, that the case is not
resolved by the procedure laid down in section 6.8.1 (c) (i.e. if the case is resolved by the
procedure laid down in section 6.8.1 (c) and if you have provided valid proof according to section
6.10.2, the guarantee in this sub-section (6.7.7) shall not apply for the specific reason and item
the valid proof was provided for); and
6.7.8 upon conclusion of the respective Single Purchase Agreement, the respective Purchased
Receivable will be validly assigned to eBay Sarl and enforceable against the buyer by eBay Sarl
(or Adyen or RatePAY after assignment of the claim to Adyen and subsequently to RatePAY)
in accordance with the applicable law of the respective Purchased Receivable and the applicable
Each of these guarantees to eBay Sarl with respect to a Single Purchase Agreement will be
provided by eBay Sarl to Adyen (and by Adyen to RatePAY) back-to-back in accordance with the Chain
6.8. Assignment of Purchased Receivables back to You
6.8.1 If the relevant Purchased Receivable fulfills one of the following criteria (the
- the buyer exercises its right of withdrawal (Widerruf) regarding the Purchased Receivable with
- the buyer reverses the Sale Contract on the basis of a voluntary withdrawal of the purchased
item (such as a "100-day right of return") offered by you;
- in case of an objection of the buyer against a Purchased Receivable (dispute), if you do not
provide valid proof upon request of eBay Sarl in accordance with section 6.10.2;
- you are in breach of a guarantee pursuant to section 6.7 in respect of the Purchased
Receivable (in which case the right to assign back the Defect Receivable shall be the sole
and Adyen consequently decides to use its right to assign back the relevant Defect Receivable to
eBay Sarl, eBay Sarl is entitled to assign back any Defect Receivable to you.
6.8.2 eBay Sarl hereby assigns all current and future Defect Receivables to you subject to the
condition precedent in section 6.8.3 below and you hereby accept the assignment of all current and
future Defect Receivables.
6.8.3 The assignment of the relevant Defect Receivable above is subject to the condition
precedent that eBay Sarl notifies you of the re-assignment (the “Re-Assignment
6.8.4 You are obliged to pay back any purchase price which you have received for the Defect
Receivables from eBay Sarl without undue delay after eBay Sarl has provided the relevant
Re-Assignment Notice. eBay Sarl is entitled to set-off this claim which you are obliged to pay
to eBay Sarl with any further payment which eBay Sarl is obliged to pay to you.
6.9.1 In case you initiate a refund for any Purchased Receivable (“Refunded
Receivable”), the refunding process will be initiated by eBay Sarl through Adyen, and
RatePAY will pay the refund to the buyer.
6.9.2 You shall reimburse eBay Sarl in connection with any costs, expenses or liabilities incurred
by eBay Sarl in connection with any Refunded Receivable (“Reimbursement Claim”)
limited to the purchase price of each Refunded Receivable. eBay Sarl is entitled to
set-off any Reimbursement Claim with any payment which eBay Sarl is obliged to pay to you.
6.9.3 Upon Adyen’s assignment of any Refunded Receivable in part or in whole (if any) to
eBay Sarl, eBay Sarl will consequently assign such Refunded Receivable to you.
6.10. Information Undertakings / Further Assistance
6.10.1 You shall undertake to inform eBay Sarl promptly upon becoming aware of (i) any breach of a
guarantee according to section 6.7 regarding any Purchased Receivable or (ii) any other event that
may materially impair or jeopardise the realisation of the Purchased
Receivables or might materially change your solvency or, subject to you becoming aware of it, the
probability of payment of the Purchased Receivables by the buyer.
6.10.2 In case a buyer files an objection against a Purchased Receivable with RatePAY, RatePAY
will notify eBay Sarl using the dispute platform provided by Adyen and eBay Sarl will notify you
regarding the objection and instruct you to provide valid proof of shipment or
delivery or other proper performance to eBay Sarl in accordance with the Seller
Protection Policy. In case such valid proof is not provided in accordance with the
Protection Policy, you agree that this will lead to the re-assignment of the Purchased
Receivable by RatePAY to Adyen, Adyen to eBay Sarl and subsequently by eBay Sarl to you
and the requirement to repay the purchase price by you to eBay Sarl.
6.10.3 In case you receive any payments on the Purchased Receivable, you shall reject these
received payments and notify the payer that payment shall be made to RatePAY. You shall notify
RatePAY of any rejected payments on the Purchased Receivables.
6.10.4 Upon eBay Sarl’s request, you shall promptly hand over to eBay Sarl, Adyen and/or
RatePAY any information, records and documents which are necessary or expedient for the
examination and the enforcement of the Purchased Receivables. In the event that information,
records and documentation necessary for the examination or enforcement of the Purchased
Receivables have been transferred by you to third parties (in particular, book-keeping agencies or
tax advisors) or the electronic data processing operations are undertaken by third
parties, you shall promptly, at eBay Sarl’s request, instruct such third parties to provide
and furnish to eBay Sarl, Adyen and/or RatePAY all such necessary information, records and
documentation and to supply their services for eBay Sarl, Adyen and/or RatePAY to the
extent necessary for the examination or enforcement of the Purchased Receivables.
The remuneration of eBay Sarl, the terms of payment and the terms of settlement are stipulated in
6.12. Right of modification
These General Terms and Conditions for RP Payment Methods and/or the RP-TOP may be modified from
time to time in accordance with the modification provisions of Part I, Section 10 of these
6.13. Data Protection
The Parties undertake to process personal data in compliance with applicable data protection law,
in particular, the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27
April 2016 on the protection of natural persons with regard to the processing of
personal data and on the free movement of such data, and repealing Directive 95/46/EC (General
Data Protection Regulation, "GDPR") and supplementing applicable data protection law.
6.14. General provisions
6.14.1 Measures to minimise the risk of fraud and payment default may be adjusted by RatePAY, by
Adyen or eBay Sarl, based on instructions or requirements of RatePAY, at any time and without your
consent. eBay Sarl may terminate the processing and settlement of transactions
concerning the RP Payment Method(s) without undue delay or if you no longer fulfill the merchant
acceptance criteria or these General Terms and Conditions for RP Payment Methods. Other rights of
eBay Sarl to terminate the payment services agreement (i.e. the Payments Terms of
shall remain unaffected.
6.14.2 eBay Sarl is entitled to transfer Purchased Receivables in whole or in part to Adyen for
the purpose of transferring the collection risk pursuant to section 6.6 or refinancing and to
store, process and transfer all relevant transaction data to RatePAY insofar as this
is necessary for the performance of the contractual relationship, the transfer of the Purchased
Receivable or the Chain Factoring. In this respect, you release Adyen from the obligation of
non-disclosure. Adyen is entitled to re-assign any Purchased Receivable to RatePAY.
RatePAY is entitled to re-assign any Purchased Receivable to any third party.
6.14.3 These General Terms and Conditions for RP Payment Methods for eBay Sellers shall be
governed by the law of the Federal Republic of Germany except any assignment of the relevant
Seller Receivable which shall be governed under the applicable law by which the relevant
Seller Receivable is governed. The provisions of international private law and the UN Sales
Convention shall not be applicable. If you are acting as a consumer and if mandatory statutory
consumer protection regulations in your relevant country of your residence contain
provisions that are more beneficial for you, such provisions shall apply irrespective of the
choice of German law.