eBay increases protection for PayPal users

CHICAGO eBay and PayPal reported that they will offer improved protections for buyers and sellers on eBay.com. Starting this fall, buyers who pay with PayPal will be protected on eligible transactions for 100% of an item’s purchase price, with no cap on coverage. In addition, all U.S. eBay sellers will receive improved seller protection for eligible transactions when they get paid with PayPal.

“We’re combining the power of eBay and PayPal to give all buyers and sellers more confidence and trust,” said Lorrie Norrington, eBay’s president, Marketplace Operations. “Buyers who pay with PayPal on eBay will be covered, with no limits, on most transactions. Any seller who gets paid with PayPal will be covered on most transactions, too, and can ship to 190 countries worldwide where PayPal is accepted.”