Monday, July 27, 2009

eBay and PayPal Policy Changes

Sellers should specifically beware of the following changes regarding PayPal and eBay.

If you buy or sell on eBay and use PayPal I encourage you to read these in detail. Several changes are taking place but the ones that caught my eye as an occasional buyer AND seller are:

eBay Shipping Insurance- BUYERS will no longer have the option of choosing insurance on an item. It will be up to the SELLER to incude it in the shipping cost at their discretion.

PayPal's Seller Protection- Will no longer cover claims filed with eBay

PayPal Claim- If a seller loses a PayPal claim, his or her liability will include the full purchase price of the item and original shipping cost, AND in some cases, they may not receive the item back.


Carl Crawford Cards said... And I honestly thought they were letting dishonest people get away with murder before. Looks like we're now heading for the wild west.

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