PayPal has announced today that Seller Protection is now available to eligible merchants in APAC that use PayPal to process transaction 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 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.