06-19-2007, 08:28 AM
Quote:PayPal is launching Payment Review later this summer in order to reduce fraudulent transactions. PayPal will identify those transactions it believes may pose a risk and will keep those transactions pending while it investigates them. Once PayPal completes the transaction, sellers will be protected 100 percent - on those transactions. (All other transactions will be covered under the seller protection policy, as they currently are.)...
Clementz said when PayPal identifies a risky transaction and holds it, it will have clear messaging to buyers that it is PayPal - and not the seller - who is holding up the transaction. He said the hold time would be short,..
full article: http://www.auctionbytes.com/cab/abn/y07/m06/i18/s03