PayPal, provider of online payment services, has announced that Seller Protection is now available to eligible merchants in Asia Pacific (APAC) that use PayPal to process transactions for tangible items.
PayPal’s Seller Protection helps to protect merchants from fraudulent transactions and cases where items are not received by buyers to enable merchants to seek out growth opportunities in new markets.
Seller Protection becomes available today to PayPal merchants in Australia, New Zealand, mainland China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.
The Seller Protection program safeguards merchants against risks to their business which cost significant time and resources to address, including fraudulent transactions and items not received by the buyer. Online businesses can benefit from Seller Protection for no extra cost and with no need to subscribe provided they meet the eligibility criteria.
“Seller Protection now covers both on- and off-eBay merchants in Asia Pacific,” says Rohan Mahadevan, Vice President, Asia Pacific, PayPal. “We believe this will have a significant impact in helping our merchants to tackle fraud and grow their businesses online. By working together with our merchants to reduce risk, trust grows and the entire ecosystem is strengthened.”
Online businesses across Asia Pacific have been quick to welcome the expansion of Seller Protection to off e-Bay merchants in the region.
Seller Protection will particularly benefit smaller businesses that previously lacked the confidence to sell online due to fear of fraud. It will also prove advantageous to merchants looking to sell beyond their borders, enabling them to expand into new geographies while helping them to manage the increased risks associated with international order acceptance.
Images from PayPal Website
