UK PayPal Expands Protection Plan

In a move to perhaps curb illegal online downloads, PayPal UK announced earlier this week that it is extending its buyer protection to cover services, digital goods, travel tickets and “other intangible items,” reported a recent Gizmodo post.

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    Now, the e-commerce company’s buyer protection offering for digital goods is on par with its protection on physical items. Additionally, PayPal is going to extend the time frame that customers can dispute with a seller. Previously, the amount of time was 45 days, and that will now be extended to 180 days.

    PayPal has been all over recent headlines. Last week reports broke that company president, David Marcus, jumped ship to work for Facebook. Marcus said in a LinkedIn post that there were several reasons that he knew it was his time to leave, including the fact that “the leadership team is strong, and talent is flowing into the company again.”

    Additionally, PayPal launched Passport, which will create a new information hub for merchants with an eye to expanding their cross border sales.

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