Paypal Launches First International Site in UK
PayPal has officially launched its first international site in the UK, which will offer business members fraud protection benefits. The Seller Protection programme offers fraud protection from chargebacks for qualified transactions. To be part of the programme, sellers will need to have a verified business account and a history of sending out tangible goods in a timely manner. In addition, fees for transferring less than £50 to a UK bank from a PayPal account will be reduced to £0.25 from £0.50. Withdrawals of £50 and above will be free.
Posted under Ecommerce on October 09, 2003.
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