eBay Sellers Now Get Paid Directly To Bank Account (Without Paypal), Fees Change

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eBay is now fully transitioning away from PayPal and having their sellers revenues deposited straight to the seller’s bank  account, not through Paypal.

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This option is not yet fully rolled out and only some sellers currently have this option. Presumably it’ll roll out for everyone in the coming months.

From what I can tell, the fees with eBay processing payments are lower than with Paypal processing: for example, most items on eBay have a final value fee of 10.2% + Paypal’s 2.9% fee (total of 13.1%) whereas under the new system the total fee is 12.55%, a savings of .55% in fees. Please correct me if this info is wrong.

Hat tip to reader myi

 





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