Wednesday, January 10, 2007

eBay Standard Purchase Protection Policy Revised

Rob Chesnut SVP of eBay Trust and Safety has announced the revision of the eBay Standard Purchase Protection Policy effective next week.

The revision will remove protection for all non-paypal transactions, eliminate the $25.00 processing fee, and double the amount of coverage to $2000 USD.

While eBay states such changes are "in the best interests of the marketplace long-term", many believe the policy change has ulterior motives similar to the Accepted Payments Policy.

Both the Accepted Payments Policy, and the revised Standard Purchase Protection Policy, exclude Google Checkout. Google Checkout has gained favor with many merchants due to the "Free Payment Processing" through 2007.

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