PayPal to expand seller protection policy
- 04 September, 2013 11:55
PayPal has announced that its seller protection policy will be expanded in Australia from 11 October, meaning that merchants are safeguarded against fraudulent transactions and items not received by the buyer.
Local online businesses who work with PayPal can use the expanded protection for no extra cost. However, vehicles and items such as digital goods are not eligible under the seller protection policy.
According to the payments provider, the policy will reduce the liability for fraud on behalf of the thousands of merchants selling online from Australia.
- PayPal signs EatNow, OrderMate to digital wallet
- PayPal announces in-store payments in Australia
- PayPal Australia considers new sectors for mobile transactions
PayPal Australia managing director Jeff Clementz said that businesses currently selling on the Internet are forced to dedicate a huge amount of time and money to manage the risk of fraudulent transactions.
“They often lack the confidence to sell online due to the fear of fraud. The expanded policy ensures our merchant partners are able to operate with the security and peace of mind necessary to do business both locally and across the globe,” he said in a statement.
Follow Hamish Barwick on Twitter: @HamishBarwick
Join the Computerworld Australia group on Linkedin. The group is open to IT Directors, IT Managers, Infrastructure Managers, Network Managers, Security Managers, Communications Managers.
- Power of Three: Building Mobile Initiatives Guided by Business Goals, Technology and Governance
- Leveraging Mobility to Improve Sales
- Advancing Customer Intelligence Capabilities in Asia-Pacific
- Simplifying eDiscovery & Compliance in the Big Data Era
- Deliver Protection and Elasticity for your Network
Telstra frees customers from CAPTCHA
NSW government calls for ICT advisory panel nominations
Google Cloud Compute goes live
NBN Co chair says copper in 'reasonable condition'
BlackBerry price too high for small business in South Australia