09-05-2020 8:19 PM
Are the payments that you recieve going to be paid into your bank account or your PayPal account?
Managed Payments is replacing PayPal. If a buyer chooses to pay with PayPal, which will naturally continue to be an option, the money will go to Ebay's PayPal account. Ebay will transfer it into your Ebay account, and eventually into your bank account from there (minus all accrued fees and sales taxes, of course, as these will be taken by Ebay upfront - you'll receive the nett amount, so there will be no monthly bill to pay as there is now).
I can only go by what I have read, you will be able to transfer or set up a monthly transfer to your bank account.
Paypal will merely be a means of payment. Whether the option will be available to put in paypal I have no idea. Obviously if using paypal to make purchases it would be convenient to have funds available.
As ebay wants to sign up Business Sellers you will probably get information long before I will see it.
What concerns me is that ebay has so many glitches I hope they can keep this new system glitch free.
bank account