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Brand Name | PayPal |
Information | PayPal is a financial service company that provides online payment solutions to its users worldwide. |
Founded Year | 1998 |
Director/Founders | Elon Musk, Ken Howery, Luke Nosek, Max Levchin, Peter Thiel, Rod D. Martin |
Company Size | 1000+ Employees |
Other Products | Payflow |
While both PayPal features are intended to protect sellers from chargebacks, ‘Chargeback Protection’ aims to reduce losses caused by fraudulent transactions, whereas 'Seller Protection' gets involved in preventing sellers from chargebacks on eligible transactions that are filed by buyers based on claims such as 'unauthorized transaction' or 'item not received' after the sale has already been completed.
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