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PayPal Launches Early-Warning System
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elgato



Joined: 24 Feb 2005
Posts: 17227
Location: Texas

Posted: Fri Oct 12, 2007 6:24 pm    Post subject: PayPal Launches Early-Warning System  

PayPal will roll out a risk reduction program for eBay sellers in the U.S. and Canada over the next few months. PayPal first announced the Payment Review program in June at the eBay Live conference. PayPal said the program is an early-warning system designed to help protect sellers from fraudulent payments.

Payment Review is automatic (eBay sellers do not have to opt in to the program). When PayPal's systems detect a high-risk payment, it will send the seller an email alert within minutes advising them that payment has been put into a Pending status while it investigates. Payment Review investigations will typically take up to 24 hours to complete, according to PayPal.

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