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Ebay cuts ties with Paypal, now must wait four days to get paid

😫Without warning Ebay severs ties with Paypal and now I have to wait four days while Ebay verifies my bank account.  Gee, I could retire on the interest that accumulates for four days on all Ebay sales!  Am I the only one not happy.  Also I  have a few returns that I made that were paid using Paypal.    Where does that money go???  I'm tempted to get in touch with the state banking commission. What are your thoughts?   

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Ebay cuts ties with Paypal, now must wait four days to get paid

Buyers can still pay using PayPal, but eBay no longer uses PayPal to pay sellers.

 

If you made purchases using PayPal and you are being refunded, the refund payment will return to the original payment source just as before.

 

eBay and PayPal split in 2015 and negotiated a five year deal to separate the payment processing. Most current eBay sellers were required to link a checking account to Adyen managed payments by last year to continue selling and receiving payments from eBay.

 

If you search the community pages carefully, you might be able to find a thread or two where users discuss their feelings about this.

 

Here is a sample thread from 2020:

 

https://community.ebay.com/t5/Payments/eBay-not-using-PayPal-anymore/m-p/31339447

 

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Ebay cuts ties with Paypal, now must wait four days to get paid