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from 2021 ebay will manage all monies of purchases on ebay and then submit these onto the seller net of fees 2-4 days later. https://sellercentre.ebay.co.uk/selling/managed-payments
how will paypal continue, presumably alot of side hustle / casual sellers spend takings via paypal, but if the money is going bank to the bank account, paypal will have zero balances.
i sell a few things now and again on ebay and keep money on paypal for bike gear.
paypal still do free returns and saves setting up credit cards on every site i shop on i suppose, but i'll just use a credit card linked to paypal for all online shopping, so fees will have to go up.
I use paypal for way more things than ebay, most things I buy online, paying wee yins horseriding, music tuition, buying stuff from the likes of facebook biking groups etc.
Sure they'll be fine.
Paypal is so much more than Ebay now....
I use paypal as the payment gateway on our website and for non-website invoices/payments and for buying other fun stuff/nonsense, it's the simplest way for us (and I'm guessing millions of others!) to do things.
Also, **** ebay and their controlling ways-
edit- paypal hasn't been anything to do with ebay for a year or so now anyway.
PayPal's much much broader than eBay - pretty much every e-commerce site has a PayPal button and as well s having their own merchant payments business, they own people like iZettle.
As said up there, I think they'll be ok and will have been planning for this since 2015 when they split from eBay.
I suppose there will be a fee jump as well.
I use Paypal wherever it is an option. Paypal checkout is typically far quicker as you don't need to end any buyer details and it also means I am entering my card details on the least amount of sites as possible.