Consumer Blog
eBay gives more fraud protection to PayPal users
eBay apparently is promising to give 100% protection to buyers who get ripped off after using PayPal to pay for a product on eBay.
When buying an item from an online auction like eBay, there's always the risk that something goes wrong - even that the seller is a crook. AG Nixon has prosecuted cases like this.
We get lots of consumer complaints every year about problems with these auctions. In 2007, this category was 9th on our list of top consumer complaints.
So what eBay seems to be saying is that if you use PayPal to purchase, and you don't get your stuff, they will cover your entire loss, no matter how big.
Keep in mind there are some stiff time restrictions for filing disputes - you need to act quickly for eBay to cover you. You can also file a consumer complaint with our office.
Technorati Tags: Internet fraud, Internet scam, PayPal, internet, online auction, online fraud, online scam, scams, shopping and spending, eBay, moagoconsumer, consumer protection
Posted by on June 20, 2008 9:08 am :: Comments (1) :: Permalink
1 Response to "eBay gives more fraud protection to PayPal users"
says:
September 27, 2008 3:47 pm
What is PayPal doing to protect its users? I know I have had a PayPal account and it had been hacked into. The security of PayPal is not all that good. I also have read (also I know that one should not believe everything one reads) that there are lots of people that are loosing money due to other users able to get into an account. I have tried working with PayPal and I was fortunate enought to have only lost the account. Yes, I disconnected the account from my bank account, but its the idea that the PayPal is not doing enought to make transactions secure. Has ebay decided to use other services like PayPal? I remember some talk of it a while ago, but do not know if a decision was made.
