eBay and PayPal have announced an expansion of PayPal Buyer Protection. eBay and PayPal will give the buyers up to $2,000 of coverage for qualified transactions on eBay.com, according to eBay.


eBay and PayPal have announced an expansion of PayPal Buyer Protection. eBay and PayPal will give the buyers up to $2,000 of coverage for qualified transactions on eBay.com, according to eBay.

PayPal Buyer Protection

PayPal Buyer Protection is a free program available in the United States and Canada.

The program covers qualified transactions on eBay up to $2,000 for:

– non-delivery of items, and

– for the delivery of items that are not as described.

eBay sellers can qualify for the program by maintaining a 98% positive feedback rating and 50 feedback points.

PayPal will offer purchase protection on 95% of items listed on eBay.com, January 17, 2007 onwards.

Rob Chesnut, senior vice president of Trust and Safety for eBay, said: “PayPal is the safest way to pay on eBay, and we’re excited to offer even more protection for eBay buyers,

This is a huge step in building even more trust in shopping on eBay, because it makes the message very simple – Pay with PayPal and you’re covered”. [source]

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PayPal Press Release

About eBay

eBay is an online marketplace that enables trade on a local, national and international basis. eBay offers an online platform where millions of items are traded each day.

About PayPal

PayPal, an eBay company, enables any individual or business with an email address to send and receive payments online securely and easily using a bank account, credit card or stored balance.

 

 

 

 

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