Safer Payments...PayPal Explains

There have been a few questions about some of the changes around Safer Payments that were announced on January 29th at the eCommerce Forum.  PayPal Director of eBay business in North America Monroe Labouisse -- who also participated in our last Town Hall -- helped to explain more about the goals for the Safer Payments initiatives on the PayPal Blog.   Regarding item holds, Monroe says,

" Safer Payments, as Jim described, requires some sellers to offer safer payment options that we know buyers trust – such as PayPal or major credit cards.  Second, sellers should understand that only a very small percentage of transactions – and I can’t emphasize enough the words very small – may result in funds being held by PayPal."

There's a lot of other good information in his article  -- I encourage you to read it.