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In its latest effort to increase user confidence in its e-commerce platform -- and to boost use of its PayPal payment service -- eBay will offer full protection against fraud to purchases made with PayPal. eBay buyers who complete eligible transactions with PayPal will be able to get 100 percent of their purchase price back, with no price cap, the company said. Sellers who are paid via the service will also gain enhanced protections. The auction giant made the announcements during its annual eBay Live trade show, held this year in Chicago.
Apart from the listing and sale charges to sellers the media or eBay do not advise that their rates of exchange between AU$ and US$ are always about 2 cents in their favor outside the standard rate.
