PayPal expand protection for US buyers and sellers

No primary category set

PayPal have announced improvements to both buyer and seller protection for users in the US. The cap on buyer protection is being removed for most transactions, so that buyers have unlimited protection against items not received or significantly not as described, whatever the purchase price. Scott Thompson, PayPal’s President said “we’re providing protection whether a transaction costs $50 or $50,000.”

For US sellers on eBay.com, seller protection is being widened to include transactions in the 190 countries in which PayPal operates. Sellers will be covered against claims, chargebacks and reversals due to an unauthorised payment or an item that was not received. The coverage cap for this will also be removed.

The changes are due to be implemented this autumn.

RELATED POSTS..

PayPal USD Stablecoin launched pegged to US$

PayPal USD Stablecoin launched pegged to US$

German Customers switch on to PayPal

German Customers switch on to PayPal

PayPal-Return-Shipping-on-Us-scrapped

PayPal Return Shipping on Us scrapped

Zettle-PayPal

PayPal Launches POS Solution for Small Businesses in the U.S.

eBay-adjust-delivery-dates-for-Her-Majestys-Funeral-shutterstock_1700923894

eBay adjust delivery dates for Her Majesty’s Funeral

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars