eBay Announces PayPal Enhancements for PowerSellers
As part of its announcement this morning regarding fees, eBay also announced several enhancements that "will dramatically improve seller protection for eBay PowerSellers" when PayPal is used.
Specifically, starting in February, PayPal will no longer require that PowerSellers ship to confirmed addresses for items sold on eBay. "Every address in the PayPal system will be considered a confirmed address for PowerSellers." Also, for PowerSellers there will no longer be an annual $5,000 limit on seller protection..."you'll have unlimited protection coverage." Seller protection will also be extended to cover transactions with buyers in many markets around the world (instead of only to US, Canada and the UK). Details here.
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