PayPal expand protection for UK buyers and sellers

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eBay UK have that both buyers and sellers are to receive more protection when using PayPal on eBay.

Buyers will now be covered for items not received or significantly not as described for the full amount of their purchase; the current limit is £500.

Expanded seller protection will now be available for all sellers, not just PowerSellers. The current annual limit of £3,250 will be removed, so that sellers will have unlimited against chargebacks and reversals for unauthorised card use or non-delivery. Coverage is valid for the 190 countries in which PayPal operates, and there are no more “confirmed addresses”: sellers are covered so long as they post to the address provided on the eBay transaction page, and can provide a proof of delivery (with signature for transactions of £150 and above). There are more details for sellers in the expanded seller protection FAQs page.

The changes are effective from October 2008. This is the same announcement that was made for US customers back in June.


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