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1 commentWednesday, June 18, 2008

eBay, PayPal Policy Update

It’s about the listings

PayPal has revised its policy concerning international transactions under Section 4.3 of the PayPal users agreement that goes into effect July 9, 2008.

PayPal spokesman Michael Oldenburg told WebProNews that eBay was not requiring all international shippers to accept PayPal. The policy states that if eBay sellers accept PayPal, they are required to accept it for all transactions, for domestic and international payments.

Specifically under section 4.3 of the PayPal user agreement sellers who offer PayPal as a payment method in their eBay listings must follow these requirements:

a.   Accept PayPal if the eBay listing includes PayPal as a payment method.

b.   Accept all PayPal funding sources from a buyer, including but not limited to eCheck and credit cards.

c.   Have a Premier or Business account or be willing to upgrade to a Premier or Business account upon receipt of a payment. 

d.   Accept international PayPal transactions if the eBay listing offers shipping outside the US.

e.   Sellers may not charge a surcharge for accepting PayPal as a payment method. 
 

 

News Tags: Technology, paypal, eBay
About the author:
Mike is a staff writer for WebProNews.

PayPal

Having recently launched a website with an integrated auction site www.eway.tv we are in direct competition with Ebay but made the decision to deal with PayPal because it is clearly identified the world over as a secure and easy payment method, it may be a little more expensive to the seller but the assurances that PayPal offers make up for that extra cost.

With online fraud plaguing the internet, the securer the payment method the better, well done PayPal...

Anthony Bain

COE www.eway.tv

 

 

 

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