^^This was announced a week back on ebay.VOiLA said:aWESome ! Can you post the link to that webpage ?
Thanks
Making good to buyers whose money has been refunded
Many buyers have complained that getting their money refunded is an irritating experience for them, as they wanted the product and not the money. Such experience makes it less likely for them to buy from other eBay sellers.
From November 1st onwards, eBay will levy a penalty to all sellers whose PaisaPay refund rate (Auto refund + Seller initiated refund) is greater than 2% of PaisaPay transaction. This penalty will be up to Rs. 250 or 4% of PaisaPay amount whichever is higher for all refunds greater than 2%. This amount will be then sent to the buyer in form of a coupon.