PayPal to offer better seller protection

30/01/2008 at 00:32

PayPal have stated in the near future sellers will be able to ship to any address confirmed or otherwise and qualify for seller protection. Unconfirmed addresses which in the past made seller protection invalid, would no longer exclude sellers from protection for unauthorized funds, non-receipt claims and chargebacks.

This program known as Expanded Seller Protection will initially be made available to PowerSellers based in the UK, US, Canada and Hong Kong. In addition to all addresses being considered confirmed, coverage to all 190 countries served by PayPal will be included with no coverage limit on claims.

The vital missing information from todays announcements regarding PayPal Expanded Seller Protection is what it will/may cost. That fee could range from free, to a per transaction basis, to a set monthly fee, or a percentage of total transactions processed.

The dream of being able to ship to every customers to any address may be one step closer, it remains to be seen if it’s affordable.