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Old 11-17-2021
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Default question about ebay new system

Hello
I sold on ebay for almost 8 years ago, at that time we still used paypal to get payments. But my ebay and paypal accounts got suspended so I haven't sold on the site for several years.
Now I am ready to give it a try. My friend is very kind and he could register an ebay account for me.
See that ebay runs with Ebay Managed payment, and paypal is abandoned. Money goes directly to bank account.
I am wondering if ebay still takes information from paypal? can I use my own bank account which was used on my suspended paypal? for several years ago, ebay didn't ask for bank account information, so my bank account wasn't register on ebay.

or I have to get a new bank account also? which is difficult, because my friend doesn't want to provide his bank account.

Last edited by betterlife2021; 11-17-2021 at 05:35 AM.
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Old 11-18-2021
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Default Re: question about ebay new system

eBay manage payments and payouts now.
Which means, you need a bank account in whatever currency you are going to sell it.
For US accounts, you'll need a US bank account and a social security number.
For UK accounts you'll need a UK Bank account.
For EU accounts (.it, .es, .nl etc...) you'll need an IBAN.

Payouts are done Daily or Weekly - your choice.
Avoid creating accounts cause more often than not they get suspended.
GO VERY VERY SLOW at the start - don't list anything first 45 - 60 days. Just browse...
Make sure all account data matches (Phone number matches the country | e-mail names match the account names | IP Matches the account's country etc..)

Good luck!
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