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PR Log (Press Release) –
Jun 12, 2009 – Extended PayPal Buyer Protection Program
AllSoftInc, a member of Search Marketing Sales Group of companies has recently launched its groundbreaking Extended PayPal Buyer Protection Program. We are in partnership with Melbourne Finance Ltd, an establishment considered to be Australia's largest independent finance broking firm with direct access to over 30 major financial institutions, some with exclusive agency. “Our proven and sought-after Extended PayPal Buyer Protection Program has since served over 50,000 PayPal account holders within a month of our launch” Some of the enhanced purchase protection features are: •Benefit from current PayPal purchase protection and beyond •Cover is immediate, giving the extra peace of mind knowing that purchases are protected from day one •No more dispute hassle, just submit claim, a quick review and get refunded •Acquire better refund support and buyer protection for online purchases •Flexibility to shop in any market place •Purchase protection plan covers for both tangible and intangible items •6 months grace period as compared to PayPal 45 days refund request restriction •100% refund payable as compared to PayPal refund amount limitation to sellers account balance •Up to 100% purchase price refund as compared to PayPal NO refund for Significantly Not As Described item •Maximum claim limit of up to $4000 per item, up to $20,000 per year PayPal Refund Problems Current PayPal buyer protection and Complaint policy has critical flaws that leave consumers and buyers using PayPal for their online purchases unprotected. Below are some extract from PayPal policies: •Sellers can only issue refund within 60 days from the date of purchase •Buyers can only open dispute and request refund within 45 days from the date of purchase •The refund amount issued will be limited to what is in the seller’s PayPal account balance, if any •No refund for item/service "Significantly Not As Described" should the seller refuse the claim •No protection for services and intangible goods •Only good if both parties are from: US, UK or Canadian •Only first $5000 in contested sales are covered per year •No protection for items bought on other market place besides Ebay •Does not cover those that uses PayPal and credit card together for a particular purchase •No protection for "Significantly Not As Described Claim" AllSoftInc is the ONE AND ONLY finance service company offering PayPal users extended refund and buyer protection plan. Leveraging on vast experience in ecommerce business, online marketing and established finance insurance support, this company is committed to meet the needs of PayPal consumers and to help the buyers win. # # # We are a service finance and purchase insurance company with association with Melbourne Finance Ltd. We are a member of Search Marketing Sales Group Of Companies To embed this press release, copy and paste the following HTML code into your webpage-
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