eBay” manage payment is no different than Square, Stripe, Adyen, WePay, and other merchant credit card processors. Any merchant including all of your mom and pop stores have to give access to there checking accounts so that they can recover costs of chargebacks if they accept credit card payments.
Prior to requiring sellers give access to their checking accounts like they do today, we were required to give the processor a deposit which they held for chargebacks. In my case I had to pony up $2000.00 which I finally got back when they came out with the option of granting access to my checking account.
I have given many companies access to my bank account and have not had any issues. I have auto withdrawal set up for all of my bills. Mortgage payment, all of my utilities, car payment, and etc. While I rarely carry balance on my credit cards. They all have minimum payment set up on auto pay just in case I forgot to make the payment. I also have direct deposit from employer. In case you are not aware when you sign up for direct deposit you also give your employer permission to withdraw from your account in case they over pay you. Most people don’t read the fine print when they sign up for direct deposit.
