PayPal today announces the expansion of its Seller Protection Program to Greece. That particular program covers sellers in the event that an unauthorized payment has been sent to them – for example, from a account that was the victim of wiretapping – or if and when the buyer claims not to have received the product – in such respective cases, the Seller Protection Program covers Sellers for the full amount of eligible eligible sales.
Until recently, this program applied in Greece exclusively to material goods. It is now also applied to services (in areas such as design, education, photography, etc.), to tickets (concerts, shows, sports events, etc.), as well as to the travel / tourism industry (travel, flight or hotel reservations, etc.).
"I'm really excited about this new procase in our services. PayPal's decision to expand the Seller Protection Program is focused on sellers, who are assured that they can leverage e-commerce on a larger scale and with greater confidence – for more types of goods and services,” states Matt Komorowski, Managing Director of PayPal Northern and Central Europe.
"These changes are an important step in providing enhanced protectionto sellers, every time they use PayPal. Knowing that you are covered if something goes wrong should be a basic requirement for markets and online sales. These improvements have come from direct user experience and feedback and allow us to market online with even greater solvency than ever before. It gives us great pleasure to be able to introduce these enhanced protections in addition to other important services such as the Consumer Protection Program and Free Product Returns – as part of our work to increase reliability and trust in e-commerce ».
This program helps the Greeksconditions να πραγματοποιήσουν πωλήσεις αγαθών και υπηρεσιών με μεγαλύτερη better safety, to customers not only in Greece, but also in the other 200+ markets where PayPal operates.
According to recent research of Accenture, cross-border e-commerce dominates as a driver of growth in B2C commerce, with a compound annual growth rate (CAGR) of 29.3% from 2014 in 20202. One of the most popular categories of cross-border sales, apart from clothing, is travel (tickets, accommodation, tours, etc.), which even represents 25% of the total goods sold, including services .
PayPal hopes that with the extension of the Seller Protection Program, Greek merchants will be able to reach new targets and effectively expand their businesses their.
