01-13-2021 03:09 PM
My ebay sales are from a hobby and it's not worth having a checking account for as I've used the Paypal account as the bank account. When managed payments rolls out, I dont see any way to use ebay anymore. Is this correct?
11-04-2021 04:07 PM
That will not work. SELLERS must have a checking account connected to their account in order to receive funds from eBay sales.
11-04-2021 04:18 PM
It does work because it’s set up as a checking account.
11-04-2021 04:23 PM
Misinformation..Paypal is not a bank..and no 'checking account' there is acceptable for managed payments.
11-04-2021 04:30 PM
@fox50mustangs wrote:You can use PayPal as your bank account. Go to PayPal where they have a link to sign up for direct deposit, click on the link and it will show you a routing number and account number for your PayPal account. Give that to eBay as your bank account number. Any payments from eBay will go to your PayPal account.
This does not work. This was suggested 3 years ago, when managed payments was first being rolled out. It was confirmed then that it doesn't work. The PayPal page that suggested this was taken down way back then.
You have to provide a real checking account from a real bank. Just having a routing number doesn't make it a bank.
11-04-2021 05:21 PM