Do you need a PayPal account anymore to sell?

[user3657]

I haven't used eBay to sell in almost 8 years lol. I just listed my first item. If I'm understanding this correctly even if the buyer pays with PayPal the funds will go into my eBay account and once released I can transfer it to my bank account without ever using PayPal?

[Automasters]

Yes, no need for PayPal, it is managed payments now outsourced to adyen. eBay holds the funds which are then sent to your bank account / debit card...

[rsot]

Correct OP - payment system is called Managed Payments (MP)

[agent006140]

Your buyer can still use Paypal to pay you,but seller does not use Paypal to collect the $$
Paypal has some nifty features,if you are in Eastern Europe or outside UK,USA,etc,and you get paid in GBP or EU or US$,you can ask Paypal not to convert to your local currency

[phaz0rz]

Paypal no longer has any use at all for USA sellers.

[agent006140]

US Paypal members could use Paypal to send money overseas.US $ or foreign currencies.
You can use friend and family to send fund to your family or friend to split a restaurant bill.
Some folks do not have bank account,

[agent006140]

Ebay buyers would rather use their credit card,than going thru Paypal to use the same credit card.
Unless they have Paypal balance sitting in their Paypal account,some get paid via Paypal,some hide their money in their Paypal account,
some guy going thru a divorce,thats what he does,hide it in his Paypal account.
Some who collect disability benefits from the state,the state while deposit the $$ in their bank account,would find out they are earning income,but if they sell on Ebay and never transfer $$ from his Paypal account to his bank account,State will never know.
we are talking those who do not get a 1099 at the end of the year

[user3657]

Thank you everyone! Just making sure I don't commit suicide. I am even surprised I remember my login information and my Google voice still worked for my original eBay account probably 25-30 years old. I remember I was like 15 years old buying stuff, sending in the rebates and selling it on eBay without the UPC code and riding my bike to the post office to ship them.

[agent006140]

Are you still riding your bike now?
I remember the good old days where I SET MY ALARM to bid in the middle of the night.

[hello1212]

Originally Posted by user3657

I haven't used eBay to sell in almost 8 years lol. I just listed my first item. If I'm understanding this correctly even if the buyer pays with PayPal the funds will go into my eBay account and once released I can transfer it to my bank account without ever using PayPal?

Nope, Managed Payments (MP is eBay's internal payments/balance type service)

- Link your domestic bank account for payouts
- Link your debit card for payments / seller fees (but they mostly deduct the seller fees from your sale value automatically, but you can still go negative due to listing fees, other small charges or disputes, I have my payments page bookmarked for easy access)

Everything is internal with eBay now, even shipping labels, they provide their own labels and customs arrangements. Although you can select to use your own shipping arrangements as you wish.

It's more streamlined this way, I hated the PayPal integration back then personally..

I suspect too much headache with 2 dispute and payment systems using PayPal and all the other extra complications, they decided they didn't need PayPal and got rid of them around the late 2010s and do everything themselves internally.

[rsot]

Originally Posted by agent006140

Ebay buyers would rather use their credit card,than going thru Paypal to use the same credit card.
Unless they have Paypal balance sitting in their Paypal account,some get paid via Paypal,some hide their money in their Paypal account,
some guy going thru a divorce,thats what he does,hide it in his Paypal account.
Some who collect disability benefits from the state,the state while deposit the $$ in their bank account,would find out they are earning income,but if they sell on Ebay and never transfer $$ from his Paypal account to his bank account,State will never know.
we are talking those who do not get a 1099 at the end of the year

ah agent..."some guy" - and the derailing never fails

[agent006140]

There are Ebay or any internet sellers who are going thru a divorce or collect disability or trying to hide his income,for whatever reasons,
at one time,Paypal is promoting using it for payroll ,
some do not have bank account

[Automasters]

I just opened my third egay account, just asked for my SSN today, so yes, PayPal is an extra these days...

[yotano211]

Originally Posted by phaz0rz

Paypal no longer has any use at all for USA sellers.

*fixed
Paypal no longer has any use at all in the USA

[agent006140]

So if you have your own website and do not want to open a merchant account,how do you accept credit card?
There is APPL PAY,GOOGLE PAY even AMZN,last I look AMZN takes 12%

[rsot]

Originally Posted by agent006140

So if you have your own website and do not want to open a merchant account,how do you accept credit card?
There is APPL PAY,GOOGLE PAY even AMZN,last I look AMZN takes 12%

There are others as well including merchant options provided by own bank

[lucy]

PayPal no longer works for Ebay as other above have said ebay now collects the payments, your bank account is linked to ebay

[agent006140]

merchant account rate is higher and it requires you to have a commercial checking account with minimum balance,say $1000.
Also all credit cards are not created equal,those which give perks ,bank will charge you more,

[rsot]

Originally Posted by agent006140

merchant account rate is higher and it requires you to have a commercial checking account with minimum balance,say $1000.
Also all credit cards are not created equal,those which give perks ,bank will charge you more,

Correct - not the best options but these are options nonetheless.

[yotano211]

Originally Posted by agent006140

merchant account rate is higher and it requires you to have a commercial checking account with minimum balance,say $1000.
Also all credit cards are not created equal,those which give perks ,bank will charge you more,

At Navy federal credit union, the min amount was $0 to keep it open.

[phaz0rz]

Credit unions for the win If it weren't for the convenience of big banks having better online banking platforms.. I'd do everything at a credit union instead.

[rsot]

Originally Posted by phaz0rz

Credit unions for the win If it weren't for the convenience of big banks having better online banking platforms.. I'd do everything at a credit union instead.

Right on - I've explored credit unions in a few of the states along the Canadian border and they're great