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	Press Releases for March 2004

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PayPal Offers Protection for Canadian eBay Buyers - March 2, 2004

PayPal Buyer Protection is a free program that offers increased security on eBay by covering buyers up to $625 CDN for non-delivery of items, or products that are substantially not as described - all without a processing fee. For transactions that do not qualify for PayPal Buyer Protection, eBay will continue to provide Canadians with its standard purchase protection feature of $315 CDN coverage with a $40 CDN processing fee.

Sellers qualify for the PayPal Buyer Protection program by maintaining a 98 per cent positive feedback rating on eBay and having at least 50 feedback points. Sellers must also select PayPal on the "Sell Your Item" form, have a verified PayPal account, and be based in Canada. PayPal has introduced a Buyer Protection logo that will be automatically displayed on all qualified sellers' listings.

Buyers who would like to ensure an item is covered by the program can simply look for the Buyer Protection logo visible in the Seller Information Box for every qualified listing. If a buyer purchases the item with PayPal using any payment type, he or she will be covered by PayPal Buyer Protection. More information about the program can be found at http://www.ebay.ca/paypal/buyer/protection.html.

"PayPal's world-class trust and safety capabilities enable us to offer Canadian eBay buyers additional fraud protection," says Todd Madeiros, Country Manager for eBay Canada. "With the introduction of this program in Canada, PayPal will help increase the community's confidence in shopping on eBay."

About PayPal
Founded in 1998, PayPal, an eBay Company, enables any individual or business with an email address to send and receive payments online securely, easily and quickly. PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and uses the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution. PayPal has more than 40 million account members and is available to users in 38 countries around the world. More information about the company can be found at http://www.paypal.com/.

About eBay Canada
eBay is the World's Online Marketplace®. Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever-growing online community. In Canada, eBay was visited by more than 9.8 million Canadians in December 2003.