If you thought PayPal was just for eBay purchases, think again. Just in time for holiday shopping, Paypal announces a new price matching initiative, ensuring you never overpay, and free returns, making gift-buying for the impossible-to-please-relative hassle free.

Here’s an overview of the new policies:

Price Match:

  1. Purchase any item with a bank account or credit card which is linked to PayPal.
  2. Find a lower price within 30 days of your purchase.
  3. Send a copy of your receipt, along with the advertised lower price, and the Money Back Request Form.
  4. Receive the price difference as a credit in your PayPal account within 5 business days.

There is a maximum of $250 per request, $1000 total per account. Excludes Black Friday and Cyber Monday promotions. Check PayPal’s FAQs for the full terms and conditions.

Free Returns:

  1. Purchase any item with a bank account or credit card which is linked to your PayPal account. Decide to return the purchase within 30 days.
  2. Get a Return Authorization from the retailer.
  3. Fill out this Return Shipping Request Form.
  4. Receive your prepaid shipping label.

Limit $25 maximum shipping per item, and $100 maximum per account during the promotion.

Paypal to Price Match and Comp Return Shipping for the Holidays