EBay Doubling Its Buyer Protection Amount

With a backdrop of renewed E-Commerce fraud fears, EBay's PayPal is doubling its buyer protection effort--to $2,000--for some eBay transactions, according to a statement eBay and PayPal issued Wednesday.

The program will be offered by American and Canadian eBay sellers who qualify by "maintaining a 98 percent positive feedback rating and having at least 50 feedback points." The program covers products that are not delivered as well as "items that are significantly not as described," the companies said.

Effective Jan. 17, PayPal said the program should cover "more than 95 percent of items listed on eBay.com."

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.