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eBay Ups Protection For Buyers Using PayPal, Cancels Protection For Others

Reuters
Wednesday, 10 Jan 2007 | 1:27 PM ET

Web auction company eBay and PayPal said they expanded their buyer protection program and will now give buyers up to $2,000 of coverage for qualified transactions on eBay.com.

The PayPal buyer protection program covers qualified transactions on eBay for non-delivery of items, and for the delivery of items that are significantly not as described, the companies said in a statement.

EBay will no longer offer purchase protection for non-PayPal transactions, the companies added.

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