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Will reduce burden of online risk, says eBay company By AvantiKumar
03 Jul 2009

KUALA LUMPUR, 3 JULY 2009 – Malaysians who sell through the online channel eBay will have better protection against unauthorised payments, according to PayPal, an eBay company.

“In addition, as part of PayPal’s new seller protection coverage, sellers will benefit from a new feature that alerts them of potential, high-risk transactions within moments of receiving a payment so that they don’t ship their items until the payment clears, helping them to reduce their losses,” said PayPal Southeast Asia and India general manager, Mario Shiliashki.

Shiliashki said PayPal, which has more than 70 million active accounts around the world, offered the seller protection service free of charge without any annual coverage limit. “The addition of seller protection helps Malaysian sellers by reducing their burdens of online risk and for making selling on eBay with PayPal even safer and easier.”

“To qualify, sellers will need to submit the appropriate shipping documentation for eligible items when a transaction issue arises,” he said. “For our eBay sellers in Malaysia, we also believe that seller protection will provide them greater confidence to grow their businesses safely in more markets.” he said.

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