eBay allowing more refunds for failed sales

June 23, 2008 2:40:13 PM PDT
eBay is offering peace-of-mind to shoppers. The online auction site is expanding protections for people who use its PayPal payment system.

eBay says buyers who make purchases through PayPal will be eligible for full refunds if a seller fails to deliver an item as promised.

The previous policy capped refunds at $200 or at $2,000 if sellers had an exceptional feedback record on eBay.