Only Business Sellers are being transferred at the moment, Private Sellers are due to be transferred next year.
Until in the system it is very difficult to get details, but looking at sellers who are in the system, they still offer payment by Paypal plus Cards and some methods I would prefer not to know about. However these other methods can only be used with an App so I don't think I will ever need to worry about them.
As far as using Paypal is concerned money received will not go there but goes to Bank account. There is nothing to stop a member transferring funds back into Paypal.
What I am not able to see is Fees, how much they are and exactly how it works. Whether Paypal will be charging for making payments as they will not be getting income from Ebay sales.
As I said unless you have another Business account, you are a Private seller and you are not affected at he moment. No doubt we will be given details in due course.
There have been questions from Business Sellers and I try to pick up information from them.
You can enter Managed Payments in HELP & CONTACT and read what information is available.
