PayPal Launches in the UK

Sunday 12 October 2003 15:21 CET | News

PayPal has launched PayPal UK, its first international website and service designed exclusively for users in the United Kingdom.

PayPal UK will allow British online buyers and sellers to securely, conveniently and easily send and receive payments to more than 31 million PayPal members around the world. An important benefit available with the launch of the new UK site is PayPals Seller Protection. This program offers fraud protection from chargebacks for qualified transactions and is one of the only online protection programs offered to sellers in the industry. Sellers can qualify for this program by following a few simple rules which include having a verified business account, making a timely shipment of tangible goods, and retaining proof of shipping. With the launch of the UK site, PayPal is also reducing or eliminating withdrawal fees for its UK members. Withdrawals of under GBP 50 to a UK bank will cost 50% less or GBP 0.25 and fees will be eliminated completely for withdrawal amounts of GBP 50 and above. PayPal UK is the companys first international website and part of its broader plan to expand the service in Europe. On September 16th, PayPal announced the establishment of its new European headquarters in Dublin, Ireland. The Dublin headquarters provides customer service, fraud prevention and operational support for PayPal members in the UK and other European countries.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce