The catch is that eBay is slowly rolling out this feature. This option allows sellers to accept more forms of payment from buyers, including Apple Pay and Google Pay. This is a relatively new eBay service that allows sellers to receive payments directly into their bank account instead of transferring funds from a PayPal account to a bank account. If you want an alternative to PayPal for processing payments, consider joining the managed payments on eBay program. If you’re selling a few odds and ends that you found in your grandmother’s closet on eBay, a personal account is fine, but if you’re building an eBay business, you should open a PayPal business account. A PayPal business account simplifies matters during tax time, while offering an impressive suite of features to help you scale your business. There are big perks to having a business account. You can accept payments via PayPal, credit cards, and debit cards. In both cases, PayPal charges a percentage-based transaction fee only when you start doing business. The standard version of a business account, like the personal account, is completely free to set up, with no account opening costs or monthly maintenance costs.
On the flip side, if you have a registered business or even just plan to grow a sustained side hustle on eBay sales, the smart move is to open a PayPal business account.
But if you do it on eBay with a personal PayPal account, buyers can pay you via their own PayPal account or even via credit or debit card. A “casual seller” is akin to a person having a garage sale. You can absolutely get away with a PayPal personal account if you’re a casual eBay seller. Should I have a PayPal business account to sell on eBay? eBay will direct you to the appropriate channels so that you can set up your own PayPal account. If you don’t have a PayPal account, eBay has a streamlined process for getting one when you create your first listing as a seller. If you have an existing account, eBay will simply ask for your PayPal credentials and will verify your account via email. PayPal is the method eBay promotes as “safe and efficient” for processing online transactions.ĮBay has made it easy to link an existing PayPal account, either personal or business, to their platform. Using PayPal to manage transactions is generally the best option for eBay sellers, including both one-off vendors and serious merchants who are in it for the long haul. Though eBay and PayPal are no longer part of the same company, they remain closely integrated. Sell your stuff with Jotform and PayPal Commerce Platform! Create a custom payment form and get paid instantly online.
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