New terms of use for eBay have come into effect which mean the online auction house will now pay sellers directly rather than through PayPal. ... The changes mean that while eBay buyers can still pay with PayPal, sellers will be paid straight into their bank accounts.

What is eBay's new payment system?

eBay is in the process of rolling out a new system, which will mean sellers will no longer receive their payments through a PayPal account. The system will allow sellers to get their money sent directly into their bank accounts instead.

Is eBay getting rid of PayPal?

Under the new system, there are more options for buyers, who can now pay with credit and debit cards, Apple Pay, Google Pay, PayPal, and PayPal Credit, eBay says. eBay and PayPal have agreed to keep PayPal as a payment option for customers until July 2023 when its agreement with eBay runs out.