PayPal Expands Consumer
Protections Across Asia Pacific in Time for Holiday Shopping
Season
2010-09-30 10:27 
SINGAPORE, Sept. 30
/PRNewswire-Asia/ -- PayPal announced today that it will expand its
consumer protections for shoppers just in time for the busy holiday
shopping season. Beginning November 1, 2010, shoppers across
the Asia Pacific region will have enhanced buyer protection when
they make purchases at any of the millions of merchants worldwide
that accept PayPal.
"PayPal is committed to giving
consumers a safer online shopping experience through privacy,
prevention and protection. Ultimately, we want consumers to be as
comfortable with shopping online as if they had purchased the item
in a real store, thus our expanded Buyer Protection Policy is
another step in that direction," said Nimish Dwivedi, Regional Head
of Marketing, PayPal Asia Pacific. "When shoppers use PayPal
this holiday shopping season and beyond, they will have greater
peace of mind knowing that we are offering even more protection if
something goes wrong."
Nimish added, "Merchants who accept
PayPal will benefit, too, as they know the more trust consumers
have with online shopping, the more consumers will buy, especially
from overseas and unfamiliar websites that provide great deals or
offer items not available locally."
In addition to its Buyer Protection
policy, PayPal provides safeguards that are built into its global
online payment platform:
For more information about the
PayPal Buyer Protection policy, please visit https://www.paypal-apac.com/buyerprotection/security-centre.html.
About PayPal
PayPal is the faster, safer way to
pay and get paid online. The service allows members to send money
without sharing financial information, with the flexibility to pay
using their account balances, bank accounts, and credit cards in
various markets. With more than 87 million active accounts in 190
markets and 24 currencies around the world, PayPal is an eBay
company and enables global e-commerce. The company's open payment
platform, PayPal X, allows developers to build innovative payment
applications on multiple platforms and devices. More information
about the company can be found at https://www.paypal.com.
PayPal is headquartered in San Jose,
California and its international headquarters is located in
Singapore.
* For eligible items.
** For qualified claims.
Media Contacts:
Dickson Seow
PayPal Asia Pacific
Tel: +65-6510-6463
Email: [email protected]
Jeremy Seow / Jolin Tan
Text 100 Public Relations (for PayPal)
Tel: +65-6603-9000
Email: [email protected]
SOURCE PayPal Asia Pacific