posted on October 19, 2001 07:20:13 AM new
Effective 11/06/2001, to qualify for the Seller Protection Policy for items $500 or more in value, sellers must provide a proof-of-receipt in the form of a signature from the buyer. This extra security is needed for PayPal to offer chargeback protection on these large ticket items. The signature is part of the proof-of-delivery service provided by most U.S. carrier companies, including the U.S. Postal Service.
