eBay and PayPal (an eBay company) announced a joint effort to increase buyer protection on the eBay North American auction sites. PayPal will be offering $200 of protection with no processing fee on all PayPal transactions for tangible goods in the U.S (excluding Live Auctions and vehicles). In Canada, all PayPal transactions for tangible goods will be covered up to $315 CA. PayPal Buyer Protection will also be increased to cover up to $2,000 for tangible items listed by qualified sellers in the U.S. In Canada, tangible items listed by qualified sellers will be covered for up to $2,000 CA.

Posted: 01|24|07 at 12:21 pm. Filed under: Auction News.