Your SlideShare is downloading. ×
5 sept mis asia paypal introduces seller protection policy in ap
5 sept mis asia paypal introduces seller protection policy in ap
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

5 sept mis asia paypal introduces seller protection policy in ap

104

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
104
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Paypal introduces Seller Protection policy in AP Nurdianah Md Nur | Sept. 5, 2013 To help protect merchants against fraudulent transactions, PayPal will be providing an expanded Seller Protection policy in Asia Pacific from 11 October 2013. According to Paypal, fraudulent transactions are costing online businesses a significant amount of time and money, indirectly hindering offline businesses from embracing e-commerce. The Seller Protection policy thus acts as an additional layer of security to reduce this risk. Rohan Mahadevan, vice president of Asia for PayPal, said: "Seller Protection...will help merchants to manage their risk ...[while] empowering them to capitalise on the multi-billion-dollar cross-border trade opportunity in Asia's fast growing economy." The policy will be available to PayPal merchants in Singapore, Taiwan, Thailand, Vietnam, Philippines, Malaysia, Indonesia, Japan, India, Hong Kong, China, Australia and New Zealand. How the Seller Protection policy works Whenever a customer files a Claim, Chargeback or Reversal, PayPal will temporarily hold the funds in the merchant's account to cover the full amount. Merchants are then required to submit the appropriate documents via the PayPal Resolution Centre for Paypal's review. If the transaction meets the eligibility requirements for Seller Protection, Paypal will restore the funds to the merchant's account. Otherwise, the funds will be returned to the buyer and a Chargeback fee might be charged. No subscription or extra fee is required for the Seller Protection policy as long as the merchant meets the eligibility criteria. Client : PayPal Country : Singapore Publication : MIS Asia Section : Internet Date : 5 September Topic : Paypal introduces Seller Protection policy in AP Circulation : 2,600 URl: : http://www.mis-asia.com/resource/internet/paypal-introduces-seller-protection- policy-in-ap/

×