Old Terms
P3.1 General. You may make payments to any person who has a valid e-mail address and a Payment Account or establishes one with us. Unregistered users may not access funds sent to them until and unless (a) they create a Personal Account or Business Account and verify their e-mail address and (b) we verify their identity in accordance with Section 2.3. If an intended recipient does not have a Personal Account or Business Account, he or she will be notified that a payment request has been initiated and prompted to create an account by visiting our Site. When you send a payment, you remain the owner of those funds until that payment is accepted by the recipient. We hold those funds on your behalf, but you will not be able to disburse or send those funds to any other user unless the initial transaction is cancelled or rejected. If a payment is denied or unclaimed by the recipient, the funds will be returned to the sender (less applicable fees). We are not liable to any person for any damages associated with any unaccepted payment. Any time you send funds you are doing so at your own risk.

New Terms
B3.1 General. You may use your Payment Account to make purchases of goods and services wherever Amazon Payments is accepted.