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ebays Buyer Protection Limited
eBay will double PayPal Buyer Protection on its site, offering up to $2,000 of coverage for qualified transactions on eBay.com, but is eliminating buyer-protection for non-PayPal transactions. The move is a dramatic effort by eBay to push buyers to use its PayPal online-payment service at a time when it faces increasing competition from Google Checkout, a method it prohibits sellers from accepting on its site.
eBay has had a buyer protection program since 1999. The eBay Standard Purchase Protection Program provides buyers coverage of up to $200, less $25 to cover processing costs, in cases of non-shipment or significant misrepresentation. eBay is eliminating the program as of January 17.
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