PayPal Doubles Buyer Protection On eBay

KingFishKingFish
edited October 2004 in Science & Tech
Online shoppers using PayPal to pay for goods on eBay will now get up to $1,000 of coverage for non-delivery of items, thanks to an expansion of the company's buyer protection program.
PayPal, which is owned by eBay, doubled the coverage from $500 for qualified transactions on the auction site. The expansion takes effect on Nov. 8 and covers approximately 80 percent of all eBay-listed items. PayPal spokeswoman Amanda Pires told internetnews.com the expanded program covers transactions with "qualified sellers" that result in non-delivery or delivery of items that are significantly not as described. An eBay-qualified seller is described as one who maintains a 98 percent positive feedback rating and has at least 50 feedback points. PayPal also added an enhancement to the positive feedback percentage eligibility requirements to include feedback from both unique and repeat buyers.
Source: Internet News

Comments

  • djstubbsdjstubbs NJ
    edited October 2004
    Nice!
  • EyesOnlyEyesOnly Sweden New
    edited October 2004
    Sure is. :)
  • TexTex Dallas/Ft. Worth
    edited October 2004
    you mentioned that it was non-delivery of items but the paypal protection actually covers much more then that unless they changed it. Broken stuff. Stuff that was grossly mis advertised etc.. are covered also.

    And this is why you should buy from those prefered ebay sellers ! (grin) Did I happen to mention I have 140+positive feedbacks for a 100 percent positive rating? (grin)

    Cheers

    Tex
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