>From London 'Metro' newspaper 10th March '04. Auction website eBay's payment service has agreed to hand over £82,000 compensation after admitting it misled shoppers into believing it offered credit card-style protection. PayPal struck the deal after eBay customers found they were not entitled to refunds when their goods did not turn up. The firm, which dealt with transactions worth £7billion last year, also told prosecutors in New York it would be more open about the protection it offers it's 25 million customers. The fine may be the first of many payouts for PayPal, which is being investigated by several other US states and the Federal Trade Commission.
Malcolm
