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PayPal Policy Change: Increased Limits on Buyer Protection

***Upcoming Expansion of PayPal Buyer Protection***

Date: 09/30/04 Time: 08:45:57 AM PDT

We are pleased to announce the expansion of PayPal Buyer Protection. Starting November 8th, PayPal will begin providing eBay.com buyers with coverage for up to $1,000 on qualified eBay.com listings paid for with PayPal. This expansion will double the current maximum protection amount of $500.

In addition, more US sellers will qualify to offer PayPal Buyer Protection. Starting November 8th, US sellers with 98% total positive feedback will be eligible. Currently, only US sellers with 98% unique feedback are qualified to offer PayPal Buyer Protection on their listings.

As a reminder, for automatic enrollment US sellers must have a verified Premier or Business PayPal account in good standing and have eBay feedback of more than 50 with at least 98% positive feedback. In addition, to be covered, the listing must be on www.ebay.com or www.ebaymotors.com in qualifying categories and sellers must select PayPal as a payment option when they list the item. Please note that PayPal Buyer Protection is only available for tangible goods (items which can be shipped).

For more information about the current PayPal Buyer Protection offering, please visit the PayPal Buyer Protection page on eBay [http://pages.ebay.com/paypal/buyer/protection.html?ssPageName=CMDV:AB]. For more information on the expansion launching November 8th, please see our Frequently Asked Questions.
http://pages.ebay.com/help/announcement/11.html?ssPageName=CMDV:AB

Regards,
eBay

Comments

  • Thanks Wayne. You're on a roll with the news items today. Good news coming out of both Paypal and Ebay. These items offer a lot of encouragement to buyers, and happy buyers equals more bids equals more sales for sellers, so we all benefit.
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