Business

Can You Get Paid on eBay With PayPal?

Panna Kemenes

22.03.24 (updated more than 1 year ago)

Read time 2 minutes

If you sell on eBay, you won’t be able to receive payouts via PayPal anymore. Instead, payments will go directly to a bank account.

Buyers will still be able to use PayPal to complete purchases on eBay. They will also have multiple options to make payments such as Google Pay, Apple Pay, PayPal credit, gift cards, and debit and credit cards.

The update allows buyers multiple payment options without having to set up a PayPal account. And sellers won’t have to go through PayPal to get their payouts.

So, the short answer is no, it’s not possible to get paid by PayPal on eBay anymore. In the details below, we’ve summarized all the necessary information you need to know about this topic.

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Can you still use PayPal on eBay?

Back in 2002, eBay purchased PayPal, but the two companies eventually separated in 2015 as PayPal grew beyond the auction site. In 2018, eBay began updating their payments system to enhance both the buying and selling experience for their users.

eBay has completely changed the way sellers are paid on the platform. Now, as a seller, you won’t be able to use PayPal as a means of processing and holding earnings—even if you do dropshipping. Instead, you’ll need to link a bank account to your eBay account in order to receive payments.

On the other side, buyers will have free rein to use PayPal and PayPal credit on the platform, along with a variety of other payment methods.

Can your payouts be directed to your PayPal account?

If you’re a seller on eBay, you can no longer direct your payouts to PayPal. Instead, you’ll need to link a bank account to your seller account to receive payouts.

eBay set a deadline of 2021 for the transition that they communicated to sellers. If you don’t want to see a disruption in your ability to manage your listings, you’ll need to update your account information and link it to a bank account for payouts.

But as a customer, you can still use PayPal on eBay. Buyers can pay with PayPal, credit and debit cards, gift cards, Apple Pay, Google Pay, and PayPal Credit.

How do I connect my PayPal to my eBay?

You can no longer link your Paypal account to your eBay account, however, you can continue to use PayPal to pay for purchases.

Once you pay with PayPal, you can set it to remember your PayPal details for faster payment in the future. It’s an easy process if you follow these steps¹:

Select PayPal as your payment method at checkout and enter your account information.
If you'd like us to save your details for next time, select the 'Remember me' box.

💡 Keep in mind, this process is for buyers only. Sellers can no longer connect their PayPal accounts.

Do you need a bank account to receive payouts on eBay?

Yes, eBay earnings will no longer go to PayPal accounts. So if you’re a seller, you’ll need a bank account to receive your payments.

The setup is a two-step process. First, you’ll need to verify your existing personal information in your eBay seller account. Then, you’ll link a bank account where payouts will initiate within 2 business days—Monday through Friday, excluding bank holidays—after eBay confirms the buyer's payment.²

How to sell on eBay without PayPal?

Some sellers may not have an existing business account to link to eBay. Even if they do, their local account may not support international payments - or charge them high fees to receive them. This can be frustrating for ecommerce sellers with international customers and suppliers.

If you find yourself in this situation, linking a Wise Business account to your eBay account can be a great solution. Why?

You can open an account 100% online, with no need to wait in line or book appointments.
Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks.
Wise is trusted by 9M customers around the world, including businesses like GoCardless, Bolt, Xero, and Emburse to save time and money – it’s regulated by financial authorities around the world.
You can have bank details for different countries
Hold 40+ currencies in 1 account
Wise Business accounts offer low cost, transparent currency conversion from 0.3% using the mid-market rate with no hidden fees.

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Read next:
How to Connect Your Payoneer and eBay Accounts: 6 Simple Steps

Sources:

All sources checked March 2024

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