PayPal is among the most well-known ways to send money over the web. Whether buying or selling, spotting the company's button on a site signals to many that they're in for a convenient time seeing a transaction through to the end. PayPal has long offered buyers protection against fraud in the case of tangible goods. Now it will do the same with digital purchases as well in the US.

With Purchase Protection, buyers can file a claim if the product that they receive is significantly different from what was advertised or if they never receive their order at all.

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